Nigeria Property Centre

Residential land for sale

20.3 Hectares of Residential Land

Coastal Road, Sangotedo, Ajah, Lagos
₦21,300,000,000
#368-309-9 18 Sep 2026 Added yesterday
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Residential Property type

About this property

20.3 Hectares - sangotedo - lekki coastal road corridor Strategically assembled bulk land portfolio facing the Coastal Road, off Monastery Road, Sangotedo, Lagos. Positioned within one of the Lagos development corridors attracting substantial residential, hospitality, commercial and infrastructure-led activity, this sizeable landholding offers developers, institutional investors and strategic land bankers an opportunity to secure scale in a rapidly developing growth corridor. The asset Land Size: 20.3 Hectares Approx. Plot Equivalent: 304 Plots Location: Facing Coastal Road, off Monastery Road, Sangotedo Asking: ₦70 Million / Plot Indicative Bulk Consideration: ~₦21.3 Billion Title: Governor's Consent / C of O Development Potential The scale and positioning of the site make it suitable for:

  • Luxury gated residential estate
  • Large-scale residential development
  • Mixed-use master-planned community
  • Hospitality / resort development
  • Premium lifestyle destination
  • Strategic land banking
  • Institutional-scale development

Investment Thesis Frontline coastal road exposure Strategic positioning along the emerging Coastal Road development axis. Scale 20.3 hectares provides sufficient land mass for a substantial master-planned development rather than a fragmented acquisition. Access & connectivity Located off Monastery Road with proximity to the Lekki--Epe growth corridor and major development infrastructure. Multiple exit options Potential strategies include phased development, subdivision, bulk resale, joint venture development or longer-term land banking, subject to due diligence and market conditions. Due diligence Title documentation available for verification at the Lagos State Land Registry. Inspection and document verification can be arranged for qualified and serious principals, developers and institutional investors. All investment decisions should be based on independent legal, title, planning, valuation and commercial due diligence. N E W.S realty limited [email protected] Serious principals only. WhatsApp / Call: +234 813 714 3886 +234 813 743 9166

Property details

Reference ID #368-309-9
Listed by News Realty Limited
Property type Residential Land
Listing status Residential land for sale

Area guide — Ajah

Lagos

Interesting Facts

Sangotedo boasts a captivating history intertwined with Nigeria's past, a thriving real estate market, and strategic access to key transportation routes, making it a unique and promising location.

Leisure and Shopping

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 Com...

Popular Estates

Sangotedo boasts a diverse selection of well-known estates, each presenting distinctive attributes, safety measures, and lifestyle choices. Included among these are Westpoint Estate, Diamond Estate, Fountain Springville...

Day Life

Sangotedo provides a rich array of daytime activities, including options for dining, family-friendly amusement parks, sports facilities, restaurants, and access to quality education. Some of the enticing destinations to...

Night Life

Sangotedo awakens with vibrant energy as the night falls, offering a dynamic nightlife scene filled with nightclubs, karaoke spots, international dining, and the serene allure of Sangotedo Beach. Among the plethora of op...

Schools

Sangotedo boasts a diverse array of esteemed educational institutions, all dedicated to providing top-notch learning experiences and equipping students for a promising future. Among these prestigious schools are Crown Cr...

Read the full area guide for Ajah, Lagos

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