700 SQM Land

Property Details Location: Oko-Awo Street, Victoria Island, Lagos Property Type: Land Land Size: 700 SQM Asking Price: ₦2.2 Billion Transaction: Sale Title: Lagos State C of O Zahari View A 700 SQM landholding on Oko-Awo Street, Victoria Island, offering a comparatively compact development parcel within one of Lagos's established central property districts. The location makes this property relevant to buyers, private developers and investors assessing land opportunities within the Victoria Island market. Its 700 SQM size provides a defined site for evaluating a focused development scheme, subject to the applicable planning framework. Prospective buyers should establish the property's permitted land use, development density, building parameters, setbacks, access requirements and other planning controls before determining its full development potential. The stated Lagos State C of O should also be independently verified as part of the acquisition process. Property Highlights 700 SQM land size Located on Oko-Awo Street, Victoria Island Central Lagos location Suitable for consideration for residential or other permitted development uses Compact development parcel Lagos State C of O Asking price: ₦2.2 Billion Why This Property Deserves Attention For buyers looking at Victoria Island, the combination of location and manageable land size can be an important consideration. A 700 SQM parcel allows a prospective developer to focus on a defined development concept rather than taking on the scale and capital requirements associated with a much larger landholding. However, the commercial value of the opportunity should be assessed against the specific planning conditions applicable to Oko-Awo Street. The intended use of the property, allowable density, setbacks, parking requirements and building height can all influence the project's feasibility. This makes professional planning and legal due diligence particularly important before acquisition. Development Perspective The property should be evaluated according to the development controls applicable to its exact location. Depending on the permitted use and planning parameters, prospective buyers may assess the feasibility of a suitable residential, commercial or mixed-use concept. However, no particular development use should be assumed until the relevant planning information has been confirmed. For developers, important considerations include: Permitted land use Building setbacks Site coverage Development density Allowable building height Parking requirements Road access Drainage and infrastructure Applicable planning approvals Project construction and financing costs The actual development capacity should be determined through appropriate professional planning, architectural and engineering assessment. Investor / Buyer Note Before making an offer, serious buyers should conduct independent due diligence covering: Verification of the Lagos State C of O Ownership and title history Survey and exact site dimensions Confirmation of property boundaries Permitted land use Applicable planning regulations Development restrictions Access and road conditions Existing encumbrances, if any Development feasibility Current market comparables The stated 700 SQM land size and title should be independently verified before any transaction is concluded. Documentation Title: Lagos State C of O The stated title is subject to independent verification by the prospective buyer and their appointed legal and property professionals. Property Intelligence Beyond the Listing At Zahari Properties, we believe acquiring land in a central Lagos location requires more than simply confirming the asking price. For a 700 SQM property in Victoria Island, buyers should understand how the title, exact location, permitted use and planning parameters translate into actual development potential. A smaller parcel can still represent a substantial acquisition, making it important to establish the site's legal and physical characteristics before committing capital. Prospective buyers are encouraged to inspect the property, verify the documentation and obtain professional planning advice before proceeding. Asking Price ₦2.2 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 is based on details provided at the time of listing. Land size, location, title, permitted use, planning parameters, access and development potential should be independently verified by the prospective buyer before making an offer or completing a transaction.