Plots E, D And C At 1,699sqm And 2,053sqm

There Are Streets in Ikoyi That Lagos Has Never Repriced Downward.
Kingsway Road Is One of Them.
Three Plots. Federal Title. One Seller. One Window.

THE PROBLEM
Most serious capital in Lagos is looking for the same thing.
An address that holds. A title that closes clean. A parcel large enough to build what the address deserves. A seller who is actually ready.
In Ikoyi, finding all four of those conditions aligned simultaneously is not a quarterly event. It is not an annual event. It is the kind of convergence that the professionals who have built real wealth in Lagos real estate have learned to recognise --- and act on --- the moment it presents itself.
Because the moment passes.
It always passes.
And the person who analysed it into paralysis watches the same address trade at a materially higher per-sqm figure twelve months later, wondering what they were waiting for.

THE AGITATION
Here is the uncomfortable geography of Ikoyi land.
Kingsway Road is not an emerging corridor. It is not a bet on future development. It is one of the most established, tree-lined, historically significant residential roads in Lagos --- running through the heart of Old Ikoyi, flanked by the properties of the people who have sat at the top of Nigerian corporate, governmental, and diplomatic life for the last half-century.
The land on Kingsway Road does not come to market because owners need to sell. It comes to market when a specific set of circumstances creates a motivated vendor --- an estate settlement, a portfolio restructuring, a relocation, a strategic exit. When it does appear, the parcels are absorbed quickly, by buyers who already know the address and have capital deployed or ready. The listing does not sit.
Every month of delay on Ikoyi land at a confirmed price per sqm is a month of optionality that expires.
The per-sqm figure in Lagos real estate is a one-way ratchet. It has not historically moved in one direction for long before tightening. The professional who pays ₦4.5M/sqm on Kingsway Road in 2026 will not describe that as expensive in 2029. The professional who waited will describe it as the decision they did not make when they had the chance.

THE SOLUTION
Three contiguous plots off Kingsway Road, Ikoyi. Federal Certificate of Occupancy. Seller is ready. Offers are open.
This is not a speculative position. This is a concrete acquisition opportunity on one of the most consistently valued residential roads in Nigeria, with the strongest possible title documentation, and a seller who has stated clearly that they are ready to transact with investors and prepared buyers.
Here is the full picture:
Plot E --- 1,699.666 sqm at ₦4.5M/sqm = ₦7,648,497,000

Plot D --- 1,696.666 sqm at ₦4.5M/sqm = ₦7,634,997,000

Plot C --- 2,053.406 sqm at ₦4.5M/sqm = ₦9,240,327,000
The seller's stated preference is to sell all three --- E, D, and C --- to a single buyer. The combined footprint of E + D + C is approximately 5,450sqm of contiguous land off Kingsway Road, Ikoyi, at a blended cost in the region of ₦24.5 billion. For a developer with the vision and capital to build on that combined footprint, the exit arithmetic on premium multi-unit residential development in this corridor --- at current and projected Ikoyi sale prices --- makes the acquisition thesis self-evident.
Individual plot offers will also be considered. The listing explicitly invites individual E, D, C offers --- but notes the preference for a combined buyer. If you are acquiring a single plot for a specific development programme or a private residence, that conversation is open. The constraint is a maximum of 5,500sqm to any single buyer, which is already satisfied by the three-plot combined total.
Federal Certificate of Occupancy. Not Governor's Consent. Federal CofO --- the highest-tier title instrument in Nigerian land law. Issued directly by the Federal Government. No Lagos State approval chain. No community or Oba consent requirement embedded in the history. No conversion ambiguity. For any buyer doing title due diligence on a transaction at this scale, Federal CofO on Ikoyi land is the documentation that ends the title conversation immediately.
The address: off Kingsway Road, Ikoyi. Kingsway Road runs through the centre of Old Ikoyi --- past the Ikoyi Club, through the mature residential corridor that separates Ikoyi's commercial face from its residential interior. Off Kingsway means you are in that interior. Quiet. Established. Not a main road plot subject to commercial adjacency. A residential position in the heart of the most consistently prestigious neighbourhood in Lagos.

THE PORTFOLIO CONTEXT --- ADDITIONAL IKOYI LAND AVAILABLE
The same seller has a broader Ikoyi land portfolio. Qualified buyers seeking alternative Ikoyi positions --- at different sizes, price points, and address profiles --- should note the following additional parcels are available through Smilebay Realties:
Rumens Road, Ikoyi --- 2,419sqm at ₦4.2M/sqm. Federal CofO.
Lugard Avenue, Old Ikoyi --- 2,700sqm at ₦3.5M/sqm net. Federal CofO. Seller will sell a minimum 2,000sqm parcel from the larger holding. Lugard Avenue is one of the most sought-after residential streets in Old Ikoyi --- quiet, secure, established.
Queens Drive, Ikoyi --- Two plots available to one or two buyers:

3,753sqm at ₦6M/sqm (non-waterfront, directly across from the waterfront plot). Governor's Consent title.
1,515sqm at ₦6M/sqm --- waterfront plot on Queens Drive. Governor's Consent title. Queens Drive waterfront land in Ikoyi is among the most premium land positions in Nigeria. The waterfront premium is priced into the ₦6M/sqm ask. This is not a footnote in a combined listing. It deserves its own dedicated marketing --- and should be treated as the flagship offer in the portfolio.

Osborne Road by Kingsway, Ikoyi --- 7,700sqm at ₦4M/sqm. Federal CofO. A large-format parcel for a developer building at scale on one of Ikoyi's major arterial roads.
Bourdillon Road, Ikoyi --- Two separate parcels:

2,281sqm at ₦4M/sqm. Federal CofO. Demolishable structure on site.
4,417sqm at ₦4M/sqm. Federal CofO. Demolishable structure on site. Surveys available on inspection.

Bourdillon Road is Ikoyi's most recognisable residential address --- home to Nigeria's most prominent private residences. Land here transacts infrequently and at strong values. These two parcels together represent over 6,700sqm of Federal CofO titled land on Bourdillon Road at ₦4M/sqm --- a figure that any developer or high-net-worth buyer active in the Ikoyi market will recognise as a serious conversation to have.

THE CALL TO ACTION
The seller has stated the terms clearly: investors and ready buyers only.
This is not a listing for market observers. It is not for buyers who need six months to form a view on whether Kingsway Road, Lugard Avenue, Queens Drive waterfront, or Bourdillon Road represent value. The buyers who will transact on these parcels already know the answer to that question.
If your capital is structured --- whether for a single plot, a combined three-plot acquisition, or a position elsewhere in this Ikoyi portfolio --- this is a direct conversation.
All Federal CofO and Governor's Consent documentation is available for solicitor review before any offer is formalised.
Call or WhatsApp Smilebay Realties: +234 901 517 4801
Ikoyi land with Federal title, on these roads, at these sizes, presented by a seller who is ready --- does not wait for anyone to finish thinking about it.

KINGSWAY ROAD CLUSTER --- PRIMARY LISTING

Plot E: 1,699.666sqm Plot D: 1,696.666sqm Plot C: 2,053.406sqm
Price: ₦4,500,000/sqm Title: Federal Certificate of Occupancy

Seller Preference: All three plots (E+D+C) to one buyer Individual offers also accepted

Maximum sale: 5,500sqm to any single buyer
ADDITIONAL IKOYI PORTFOLIO (same seller, same agent):

Rumens Road: 2,419sqm @ ₦4.2M/sqm Fed CofO
Lugard Avenue: 2,700sqm @ ₦3.5M/sqm net Fed CofO Min 2,000sqm
Queens Drive Waterfront: 1,515sqm @ ₦6M/sqm Gov't Consent
Queens Drive Non-Waterfront: 3,753sqm @ ₦6M/sqm Gov't Consent
Osborne Rd by Kingsway: 7,700sqm @ ₦4M/sqm Fed CofO
Bourdillon Road: 2,281sqm @ ₦4M/sqm Fed CofO Demolishable structure
Bourdillon Road: 4,417sqm @ ₦4M/sqm Fed CofO Demolishable structure
Listed by Smilebay Realties Limited Ref: 3441046