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Listing title
For Sale --- 1,000 sqm Fenced Plot --- Monastery Road, Sangotedo Governor's Consent ₦200,000,000 (Slightly Negotiable)
Overview
Attractive ready‑to‑develop 1,000 sqm plot on Monastery Road, Sangotedo --- offered with Governor's Consent and presented in a secure, fenced condition. Positioned in a fast‑growing Lekki/Ajah corridor, this parcel is ideal for a family home, gated duplex development, small estate or buy‑and‑hold investment. Competitive pricing and clean title make this a straightforward acquisition for owner‑occupiers and developers alike.
Property summary
- Property type: Vacant land (fenced plot)
- Size: 1,000 sqm
- Location: Monastery Road, Sangotedo (Lekki/Ajah corridor), Lagos
- Title: Governor's Consent --- documents available to qualified buyers
- Asking price: ₦200,000,000 (Two hundred million Naira) --- slightly negotiable
Key features & benefits
- Fenced and secure site, ready for immediate mobilisation and development
- Governor's Consent simplifies title verification and transaction processing (buyer to verify chain of title)
- Convenient Sangotedo location with growing residential developments, good road links to Lekki and Ajah, and proximity to retail/amenities
- Practical plot area (1,000 sqm) suitable for luxury detached home, duplex/terrace cluster or small gated scheme
- Attractive for investors seeking capital appreciation in the expanding Lekki corridor
Suggested uses
- Luxury detached residence or bespoke family compound
- Duplex/terrace development (subject to planning approvals)
- Small gated estate or serviced plot development
- Long‑term landbank for capital appreciation
Due diligence & recommended checks
- Title verification: obtain certified copy of Governor's Consent and instruct solicitors to verify chain of ownership and any conditions.
- Site survey: request certified survey plan and confirm boundary markers on site.
- Planning & zoning: confirm permissible coverage, setbacks and allowable density with Lagos State planning authority.
- Utilities & access: confirm proximity and connection costs for power, water and drainage; verify road access and any required road improvements.
- Environmental & geotechnical: consider basic ground/soil check if detailed development is planned.
Practical information & sale process
- Viewings: By appointment only for qualified buyers. Proof of funds or a credible bank reference will be requested prior to full document release and site access.
- Offers: Submit a Letter of Intent (LOI) with buyer profile and proof of funds. On qualification, buyer will be provided certified title documents and site inspection arranged.
- Transfer: Standard solicitor‑led conveyancing --- buyer to budget for legal fees, stamp duty and registration costs.
Note
All particulars are provided in good faith and should be independently verified by prospective buyers and their legal advisers. Price and availability are subject to prior sale.
Ref:Daka
Property Ref: 3117481 | Added On: 27 Sep 2025 | Last Updated: 27 Sep 2025 |
Market Status: Available | Type: Residential Land | Total Area: 1,000 sqm |
Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Complex, Olad Plaza, and many more enrich the leisure and shopping choices available in Sangotedo.
Read the full area guide for Sangotedo, Ajah, Lagos.
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