700 SQM Land

location: Osborne Phase 1, Ikoyi, Lagos Property Type: Land Land Size: 700 SQM Price: ₦3 Million Net per SQM Total Asking Price: ₦2.1 Billion Title: Federal C of O Transaction: For Sale Zahari View A premium 700 SQM land opportunity in Osborne Phase 1, Ikoyi, offering buyers the opportunity to secure a sizeable development parcel within one of Lagos' established high-value residential neighbourhoods. At ₦3 Million Net per SQM, the total asking price for the 700 SQM parcel is ₦2.1 Billion. The land size provides a practical option for buyers seeking a substantial plot within Osborne Phase 1 without acquiring an excessively large landholding. The property may be considered for a premium residential development, subject to applicable planning regulations, permitted use, site configuration and development approvals. Property Highlights 700 SQM land Osborne Phase 1, Ikoyi, Lagos ₦3 Million Net per SQM ₦2.1 Billion total asking price Federal C of O Established premium residential location Suitable for residential development, subject to approvals Relevant to private buyers, developers and property investors Why This Property Deserves Attention Land within a prime Ikoyi neighbourhood is increasingly evaluated not only by its location but also by its size, title, development potential and surrounding property market. This 700 SQM parcel offers a balanced land size for buyers who want meaningful development capacity while maintaining a more manageable acquisition size than larger multi-thousand-square-metre properties. For a private buyer, the parcel may provide an opportunity to develop a bespoke luxury residence, subject to planning requirements. For a developer, the more important consideration will be determining exactly what the site can accommodate under the applicable planning framework and whether the proposed development makes commercial sense at the acquisition price. Development & Investment Perspective At an asking price of ₦3 Million Net per SQM, the land represents a significant capital commitment. A serious buyer should therefore assess the complete economics of the proposed development before proceeding. This should include the permitted land use, allowable density, building height, setbacks, parking requirements, access, infrastructure and applicable statutory obligations. Developers should also factor construction costs, professional fees, approvals, financing, marketing and sales considerations into their feasibility analysis. For investors considering the property as a long-term landholding, comparable land values and future demand within Ikoyi should also be examined independently. Investor's Note The property should be assessed based on its individual site characteristics rather than relying solely on general assumptions about Osborne Phase 1. Before committing funds, prospective buyers should independently verify: Federal C of O and title history Survey and exact site dimensions Ownership and transfer history Permitted land use Planning and development regulations Building density and height restrictions Setback and parking requirements Access and infrastructure Applicable government charges Development feasibility and projected returns Documentation Title: Federal C of O Documentation is available for verification. Prospective buyers are advised to engage qualified legal, survey and property professionals to independently verify the title and relevant property information before concluding the transaction. Property Intelligence Beyond the Listing At Zahari Properties, we believe premium property acquisition should be guided by more than an attractive location. A smart land investment requires an understanding of title, planning, development potential, market positioning and long-term value. If you are looking for land in Ikoyi for a private residence, development project or strategic investment, this 700 SQM Osborne Phase 1 opportunity offers a location and land size worthy of serious consideration. Asking Price ₦3 Million Net per SQM 700 SQM × ₦3 Million = ₦2.1 Billion For Enquiries & Inspections Call / WhatsApp: +234 803 384 8156 +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information, pricing, availability and documentation are subject to confirmation and verification. Prospective buyers should conduct independent legal, survey, planning and financial due diligence before making any financial commitment.