Residential land for sale
Omotade Crescent, Omole Phase 1, Ikeja, Lagos
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.
*please feel free to browse our other featured properties
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