1,350 SQM Land

Location: Directly on Lugard Avenue, Ikoyi, Lagos Property Type: Land Land Size: 1,350 SQM Price: ₦3.9 Million per SQM Total Asking Price: ₦5.265 Billion Title: Federal C of O Transaction: For Sale Zahari View A substantial 1,350 SQM parcel directly on Lugard Avenue, Ikoyi, offering a strong landholding for buyers and developers seeking a premium development opportunity within one of Lagos' established high-value residential markets. The combination of 1,350 SQM land size, direct Lugard Avenue positioning and Federal C of O title makes this property worthy of consideration for a premium residential development, subject to applicable planning requirements, permitted land use and independent due diligence. Property Highlights 1,350 SQM land Directly on Lugard Avenue, Ikoyi Prime Ikoyi location ₦3.9 Million per SQM ₦5.265 Billion total asking price Federal C of O Suitable for premium residential development, subject to approvals Relevant to developers, investors and high-net-worth buyers Why This Property Deserves Attention The value of premium land is often influenced by more than its size. Road positioning, accessibility, title, surrounding development and the potential use of the site can all play an important role in determining the attractiveness of a land acquisition. This property offers 1,350 SQM, providing a meaningful development footprint without the scale of a very large landholding. Its direct positioning on Lugard Avenue further gives the property a clear address within Ikoyi. For a developer, the site presents an opportunity to evaluate a premium residential concept based on the applicable planning and development parameters. For an investor, the acquisition should be considered from both the landholding perspective and the potential value that could be created through an appropriately approved development. Development & Investment Perspective At ₦3.9 Million per SQM, the total asking price stands at ₦5.265 Billion. A buyer considering this acquisition should assess the property's development potential against the complete project economics. This includes the acquisition cost, construction budget, professional fees, statutory charges, financing costs, approval requirements and projected market value of the completed development. The proposed development should also be assessed against applicable planning regulations, including permitted land use, density, building height, setbacks, parking requirements and other relevant development controls. These considerations can help determine whether the site aligns with the buyer's intended investment strategy. Investor's Note Before committing to the acquisition, serious buyers are advised to independently verify: Federal C of O and title history Survey and exact site dimensions Ownership and transfer history Permitted land use Planning and development requirements Allowable density and building height Setbacks and parking requirements Road access and available infrastructure Applicable statutory charges Development feasibility and projected returns The fact that a property is located in a premium neighbourhood should not replace proper legal, technical and financial due diligence. Documentation Title: Federal C of O The title should be independently verified through the appropriate legal and property professionals before any financial commitment or transaction is concluded. Property Intelligence Beyond the Listing At Zahari Properties, we believe every major property acquisition should be approached with proper information and careful analysis. For premium land, the right decision involves understanding not only where the property is located, but also what can legally and commercially be developed on the site. This 1,350 SQM parcel on Lugard Avenue may be particularly relevant to buyers seeking a strategic landholding in Ikoyi for a premium residential project. If your acquisition objective is development, investment or long-term landholding, our team can assist with the next steps and property verification process. Asking Price ₦3.9 Million per SQM 1,350 SQM × ₦3.9 Million = ₦5.265 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, valuation and financial due diligence before proceeding with the transaction.