Listing title:
prime 110‑hectare dry land at ostia island (beside orange island), lekki phase 1 ---
lagos c of o
overview:
exceptional large‑scale landholding for sale in lekki phase 1 --- 110 hectares (1,100,000 sqm) of dry land on ostia island, positioned beside orange island. titled with lagos state certificate of occupancy (c of o). this is a strategic acquisition for institutional investors, developers or high‑net‑worth buyers looking to execute large‑scale residential, mixed‑use, commercial or master‑planned projects in one of lagos' fastest‑appreciating corridors.
key details:
- property type: vacant dry land (large‑scale)
- size: 110 hectares (1,100,000 sqm)
- location: ostia island, beside orange island --- lekki phase 1, lagos
- title: lagos state certificate of occupancy (c of o)
- asking price: ₦600 per sqm
- indicative total price: ₦660,000,000 (1,100,000 sqm x ₦600/sqm)
- photos: available on request
location & accessibility:
- situated within the lekki phase 1 area --- high‑value address with strong demand for development
- positioned beside orange island (ostia waterfront precinct) --- potential for waterfront‑oriented projects and high exposure
- proximity to major lekki road corridors and upcoming/in‑place infrastructure that supports development (confirm access routes and utility availability during inspection)
investment & development opportunities:
- ideal for large master‑planned residential estates, gated community, serviced plots, or luxury housing
- suitable for mixed‑use development: retail precincts, offices, hospitality (hotels/resorts), and recreational amenities
- potential for phased development or subdivision --- attractive for joint ventures (jv), public‑private partnerships (ppp), or sale of parcels to developers
- long‑term capital appreciation expected given lekki phase 1 location and ongoing growth dynamics
advantages & selling points:
- very large contiguous dry land parcel --- rarity and scale suitable for transformative projects
- clear lagos state c of o title --- reduces acquisition risk compared to untitled holdings (buyers still advised to verify)
- beside orange island --- strategic visibility and proximity to high‑end developments
- flexible: seller open to parceling/sale of portions (confirm minimum parcel sizes and pricing with seller)
due diligence, regulatory & technical considerations:
prospective buyers should perform standard and project‑specific due diligence, including but not limited to:
- title verification: confirm lagos c of o authenticity, survey plan and chain of ownership
- land use & planning checks: confirm permitted uses, zoning, and required approvals with lagos state authorities and planning agencies
- environmental & geotechnical assessments: flood risk study, soil tests, and environmental impact assessment where applicable
- infrastructure & services: confirm access roads, power, water, drainage, and waste management provisions
- coastal/regulatory compliance: where close to waterfronts, verify any coastal protection, reclamation or specialized permits required
price & terms:
- price per sqm: ₦600
- indicative total: ₦660,000,000 for the full 110 hectares (confirm final pricing and any associated fees)
- seller may consider splitting parcels --- exact terms, minimum parcel size and pricing to be discussed
- buyer to bear customary acquisition costs (legal fees, stamp duty, transfer fees, and any development levies)
viewing & next steps:
- site visits and inspections available by appointment for serious/qualified buyers
- documents (c of o, survey plan, site photos) available to verified purchasers on request
- video/virtual tour can be provided on request
- recommended next steps: request documents, conduct site visit, instruct legal/title search and commission technical surveys
contact:
message or call to request the c of o and survey plan, arrange a site inspection or discuss parceling/options. only serious and qualified investors/developers will be prioritized.
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