650 SQM Land

Property Details Location: Orange Island Phase 1, Lagos Property Type: Land Land Size: 650 SQM Transaction: For Sale Asking Price: ₦530,000,000 Zahari View This 650 SQM parcel of land is available for sale in Orange Island Phase 1, Lagos, at an asking price of ₦530 million. The plot size may appeal to buyers looking for a more compact landholding within Orange Island Phase 1, while still providing a basis for a residential development concept, subject to applicable estate guidelines and planning requirements. For prospective buyers, the assessment should go beyond the asking price and land size. The property's exact position within the estate, buildable area, permitted development parameters, infrastructure and applicable development controls should all be independently verified. Property Highlights 650 SQM landholding. Located in Orange Island Phase 1. Asking price of ₦530 million. Potential residential development opportunity. Development subject to applicable estate guidelines and planning requirements. Suitable for buyers considering immediate or future development. Why This Property Deserves Attention The 650 SQM plot provides a more compact land size for buyers who may not require a larger parcel. The property's position within Orange Island Phase 1 and the development rules applicable to the estate are important factors when assessing its practical value. Prospective buyers should establish the actual buildable area and permitted development parameters before preparing architectural plans or committing to construction. Buyer's Perspective Before proceeding with the purchase, prospective buyers should verify: Exact land size and dimensions. Survey and boundary information. Title and ownership documentation. Exact location within Orange Island Phase 1. Estate development guidelines. Permitted land use. Building height and density requirements. Setbacks and applicable development controls. Access and infrastructure. Utility availability. Estate dues and other applicable charges. Planning and development approval requirements. Any restrictions or covenants affecting the land. Investment Perspective The investment assessment should consider the ₦530 million acquisition price, the intended use of the land and the buyer's development or holding horizon. For buyers planning to build, the total project budget should account for construction costs, professional fees, statutory charges, infrastructure requirements and other development expenses. For buyers acquiring the land as an investment, current market conditions, estate development progress and the intended exit strategy should be independently assessed. Future appreciation or investment returns should not be assumed without appropriate market and financial analysis. Investor / Buyer Note The most important comparison is not simply the price or 650 SQM land size. Buyers should assess the property's exact location within the estate, buildable area, development controls, infrastructure and applicable estate requirements. A physical inspection, title verification and professional planning assessment are recommended before purchase. Documentation Prospective buyers should request and independently verify: Title documentation. Survey Plan. Evidence of ownership. Deed of Assignment or applicable transfer documentation. Estate development guidelines. Applicable planning and development requirements. Estate dues and other financial obligations. Any restrictions or conditions attached to the property. Property Intelligence Beyond the Listing For estate land, the practical development potential is determined by more than the stated plot size. A buyer should understand how much of the 650 SQM can practically be developed after accounting for applicable setbacks and estate controls. The property's exact position within the estate, infrastructure status and the buyer's intended development horizon should therefore form part of the overall assessment. Asking Price ₦530,000,000 For Enquiries & Inspections +234 907 301 3359 www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information contained in this listing is based on the details provided and should be independently verified. Prospective buyers should confirm the land size, boundaries, ownership, title, exact location, estate guidelines, development parameters, infrastructure, applicable fees and all transaction terms before proceeding with the purchase.