For sale --- 130 hectares (1,300,000 sqm) coastal land ---
abijo gra (coastal road)
title: cofo
₦200,000 / sqm
overview: rare coastal development opportunity in abijo gra: a large, contiguous 130‑hectare landholding fronting the coastal road. positioned for masterplanned residential, resort, institutional or mixed‑use schemes, this parcel offers strategic scale in a rapidly growing corridor. title shown as cofo (documents to be verified). minimum sale lot is 5 hectares. view site on google maps: https://goo.gl/maps/ve1xvdsjfvwl9xq9a?g_st=aw
quick facts
- total area: 130 hectares = 1,300,000 sqm
- asking price: ₦200,000 per sqm
- per hectare (10,000 sqm): ₦2,000,000,000 (₂bn)
- whole parcel (130 ha): ₦260,000,000,000 (₦260bn) --- indicative
- minimum sale: 5 hectares (50,000 sqm) = ₦10,000,000,000 (₦10bn)
- title: cofo (as stated by seller) --- buyers must verify with solicitors
- location: coastal road, abijo gra --- prime coastal frontage and expanding neighbourhood
- availability: for sale (parcel may be split; minimum 5 ha per sale)
why this land stands out
- scale: 130 ha contiguous coastal parcel --- rare for near‑coast masterplanning in the lekki/ajah corridor.
- strategic frontage: direct access to coastal road supporting visibility, connectivity and logistics.
- flexible end‑uses: suitable for gated residential estates, luxury resort/hospitality, serviced plots, large‑scale mixed‑use developments, educational or healthcare campus, or long‑term landbanking.
- growth corridor: abijo gra and surrounding nodes are experiencing infrastructure investment and residential demand --- ideal timing for strategic development.
suggested development concepts
- masterplanned residential estate (serviced plots or terraces)
- luxury resort / beachfront hospitality campus with villas and branded hotel facilities
- mixed‑use development: retail, leisure, apartments and gated communities
- institutional campus: university, training centre, health & wellness campus
- landbanking for phased disposal or strategic portfolio holding
title & documentation
- seller states title as cofo --- certified title documents will be made available to qualified buyers.
- buyer responsibilities: instruct solicitors to verify cofo, chain of ownership, encumbrances, boundary certification and any conditions attached to the title.
- survey: certified survey plan and boundary coordinates will be provided to pre‑qualified buyers.
minimum sale & pricing mechanics
- minimum transactible size: 5 hectares (50,000 sqm) at ₦200,000 / sqm = ₦10,000,000,000 (₦10bn).
- larger bulk purchases (phased purchase or whole parcel) negotiable --- please submit loi for best offered terms.
due diligence checklist (recommended)
- legal: certified copies of cofo and supporting title pack; solicitor to run searches and advise on transfer mechanics.
- survey: confirm certified survey plan, pegging and gps coordinates; boundary verification on site.
- planning: confirm permissible land use and planning requirements with lagos state planning authority.
- technical: geotechnical and topographic surveys, drainage & flood risk assessment (coastal sites require specialist review).
- environmental: coastal eia screening and any marine/foreshore consent considerations.
- utilities & access: confirm road access, power/water connection points and likely infrastructure upgrade costs.
- statutory: check for outstanding rates, levies or third‑party claims.
commercial & sales process
1. submit a formal letter of interest (loi) with company/person profile and proof of funds.
2. seller will provide certified documents and arrange a site inspection for qualified buyers (nda may be required).
3. negotiate heads of terms (hot) for selected parcel size; agree deposit, payment schedule and completion mechanics.
4. complete solicitor‑led conveyancing and registration.
viewing & contact
- site viewings and full documentation are available to pre‑qualified buyers only. please provide proof of funds and company/investor profile to arrange access.
- to express interest, request the data pack or schedule an inspection, contact:
notes & disclaimers
- all figures are indicative and subject to contract. title shown as cofo by seller --- buyers must conduct independent legal verification.
- coastal sites require specialist technical and environmental due diligence; budgets should allow for marine/coastal assessments and any required mitigation works.
- minimum sale tranche is 5 hectares; sellers may consider structured bulk purchase terms for serious, qualified purchasers.
ref: nn...
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