Land for sale
Cooper Road, Old Ikoyi, Ikoyi, Lagos
For sale --- prime 2,035 sqm bareland
cooper road, old ikoyi
lagos state c of o
₦3,500,000 / sqm (net)
overview: exceptional old ikoyi opportunity: a substantial 2,035 sqm single‑title development parcel on cooper road, offered with a lagos state certificate of occupancy. this highly coveted island site is ideal for luxury residential, embassy/consulate, boutique hotel, serviced residences or a flagship corporate compound. price is ₦3,500,000 per sqm (net) --- indicative total ≈ ₦7.1225 billion.
property summary
- location: cooper road, old ikoyi, lagos
- land area: 2,035 sqm (single consolidated plot)
- title: lagos state certificate of occupancy (state c of o) --- certified documents available to qualified buyers
- asking price: ₦3,500,000 per sqm (net)
- indicative total: approx. ₦7,122,500,000 (seven billion, one hundred and twenty‑two million, five hundred thousand naira)
key highlights
- prestigious old ikoyi address on cooper road --- one of lagos's most desirable, low‑density island neighbourhoods.
- significant plot size for the island: allows for bespoke high‑end residential compound, embassy/consulate, boutique hotel or mixed‑use development with generous amenity space.
- clear state c of o supports institutional purchase, financing and smooth conveyancing.
- ready for early mobilisation following standard due diligence and planning approvals.
suggested development concepts (subject to planning)
- luxury single‑owner mansion or multi‑generation family compound
- low‑density luxury apartments / branded serviced residences
- embassy / consular compound or secure institutional campus
- boutique hotel or high‑end serviced apartments with landscaped grounds
- corporate headquarters with secure setback and dedicated parking
due diligence & recommended checks
- legal: certified copy of state c of o and full solicitor title search to confirm chain of ownership and any encumbrances.
- survey: certified site survey and on‑site boundary/peg verification.
- planning: confirm permissible coverage, setbacks and allowable storeys with lagos state planning authority (lasppa/lasrra as applicable).
- technical: geotechnical investigation, topographic survey, structural constraints, and utilities capacity (power, water, drainage).
- environmental & flood risk: coastal/island sites require flood risk and any environmental check as appropriate.
- services: confirm connection points and upgrade costs for power, water and sewerage.
practical notes
- large island plots of this scale are rare --- early pre‑qualified parties are recommended to secure viewing and the title pack.
- vendor will provide certified documents to qualified buyers and their solicitors on receipt of a formal loi and proof of funds.
viewings & sale process
- viewings: strictly by appointment for pre‑qualified buyers. proof of funds / bank reference will be requested prior to document release and site access.
- offers: submit a letter of intent (loi) with buyer profile and pof. qualified parties will be given the full title pack and invited for inspection.
- sale mechanics: heads of terms solicitor‑led conveyancing completion. buyer to allow for legal fees, stamp duty and registration costs.
contact / next steps
to request the certified title & survey, arrange a private inspection or submit an loi, contact:
[agent / seller name]phone: [insert phone number]email: [insert email address]
: all information is provided in good faith and should be independently verified by prospective buyers and their advisers. price and availability are subject to prior sale and negotiation.
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₦3,500,000 per square meter
The Build Centre Properties
09028190510