For Sale: Fantastic Located Development Land Of 1728sqm For Acquisition, Omotade Crescent, Omole Phase 1, Ikeja, Lagos (Ref: 3124497)

Fantastic Located Development Land Of 1728sqm For Acquisition

  • Fantastic Located Development Land of 1728sqm for Acquisition, Omotade Crescent, Omole Phase 1, Ikeja, Lagos, Residential Land for Sale
  • Fantastic Located Development Land of 1728sqm for Acquisition, Omotade Crescent, Omole Phase 1, Ikeja, Lagos, Residential Land for Sale
  • Fantastic Located Development Land of 1728sqm for Acquisition, Omotade Crescent, Omole Phase 1, Ikeja, Lagos, Residential Land for Sale
  • Fantastic Located Development Land of 1728sqm for Acquisition, Omotade Crescent, Omole Phase 1, Ikeja, Lagos, Residential Land for Sale
  • Fantastic Located Development Land of 1728sqm for Acquisition, Omotade Crescent, Omole Phase 1, Ikeja, Lagos, Residential Land for Sale
  • Fantastic Located Development Land of 1728sqm for Acquisition, Omotade Crescent, Omole Phase 1, Ikeja, Lagos, Residential Land for Sale
  • Fantastic Located Development Land of 1728sqm for Acquisition, Omotade Crescent, Omole Phase 1, Ikeja, Lagos, Residential Land for Sale
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Property Description

For Sale --- Prime Development Land:
1,728 sqm on Omotade Crescent, Omole Phase 1, Ikeja
COFO
₦1,000,000,000

Overview: Exceptional development opportunity in Omole Phase 1: a prime 1,725 sqm parcel on Omotade Crescent, positioned on a tarred main road and close to all neighbourhood amenities. Offered with Lagos State Right of Occupancy (COFO), this site is ideal for a low‑medium density residential scheme, executive terraces, boutique apartments or a mixed‑use development. The location, street frontage and clear title make this an attractive, shovel‑ready acquisition for developers and investors seeking reliable returns in a proven Ikeja micro‑market.

Property summary

- Location: Omotade Crescent, Omole Phase 1, Ikeja, Lagos
- Size: 1,725 sqm (single consolidated parcel)
- Title: COFO (Certificate of Occupancy / Lagos State) --- certified documents available to qualified buyers
- Asking price: ₦1,000,000,000 (One billion Naira)
- Road frontage: Situated on a tarred main road (good vehicular access and visibility)
- Neighbourhood: Mature GRA suburb --- secure, well‑served and close to retail, schools, banks and transport hubs

Key selling points

- Development scale: 1,725 sqm is large enough for a meaningful residential project (terraces, low‑rise apartments) while retaining the exclusivity of Omole Phase 1.
- Main road location: Tarred frontage simplifies access, construction logistics and enhances commercial or rental prospects.
- Market demand: Strong rental and resale demand in Omole from professionals and families --- supports quick offtake for quality product.
- Clear title (COFO): Facilitates lender financing and a smoother conveyancing process for qualified purchasers.
- Close to amenities: Short drives to supermarkets, schools, medical centres, transport nodes and Ikeja business district.

Suggested development concepts

- Luxury townhouses / terrace cluster (high‑yield family units)
- Low‑rise apartment block (8--12 units) targeting executives and young families
- Serviced apartments / corporate housing for corporate tenants and expatriates
- Mixed‑use podium: retail/office at ground level with residential above (subject to approvals)
- Single large private mansion compound or gated small‑estate for high‑net‑worth buyers

Practical & technical notes

- Site access: on Omotade Crescent --- tarred, well maintained road with good approach for construction vehicles.
- Utilities: close proximity to mains power, water and telecom --- buyer to confirm connection points and capacities.
- Topography & buildability: generally level urban lot (site inspection recommended).
- Planning: buyers should confirm permissible coverage, setbacks and allowable storeys with Lagos State planning authority for the intended scheme.

Due diligence checklist (recommended)

- Request certified COFO and instruct solicitors to verify chain of title and any encumbrances.
- Obtain certified site survey and confirm boundary pegs on site.
- Commission geotechnical/topographic survey if detailed design or piled foundations are planned.
- Confirm planning/zoning parameters and parking requirements with Lagos State planning authority.
- Verify utility connection points and estimated connection/upgrade costs.
- Consider traffic/access and neighbour amenity impacts for higher density proposals.

Contact: Mr. Kola Adesina (EDBA)
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA.
Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
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Property Details

Property Ref: 3124497Added On: 01 Oct 2025Last Updated: 01 Oct 2025
Market Status: AvailableType: Residential LandTotal Area: 1,728 sqm

Interesting Facts

Omole Phase 1, one of Lagos's oldest and most well-known residential estates, provides estate shuttles, proper security, good roads, clean streets and drainages, dependable power supply, and powered street lights. It is not surprising that Psquare purchased a 300 million naira villa there.

Leisure and Shopping

In Omole phase 1, there are no open-air markets, but there are several indoor shopping options. Residents can shop at Old English Superstore, Riggs Plaza, Choice House, Mag Diva Boutique, Hair & Beauty Store, and other locations.

Popular Estates

Omole phase 1 is a single estate with no sub-estates. To aid identification, the estate is divided into three zones: Tioluwani's law zone, Apple zone, and Diary zone.

Day Life

Omole Phase 1 has a few interesting areas, but there are more exciting places nearby. Some notable locations include Maden Place, Sweet Sensation, Johnson Jakande Tinubu Park, and Kanu Ndubuisi.

Schools

Omole Phase 1 residents receive excellent education. Popular schools in the area include Gem Private School, Cute Twinkles School, Mind Builders School, and others.

Read the full area guide for Omole Phase 1, Ikeja, Lagos.

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