Mixed-use land for sale
Gerrard Road, Old Ikoyi, Ikoyi, Lagos
Developer pitch deck summary -- gerrard road, ikoyi
asset overview
location: gerrard road, ikoyi, lagos
land size: 3,800 sqm (prime corner piece)
title: land certificate
asking price: ₦3.4m per sqm (net)
total land value: ~₦12.92 billion
investment thesis
gerrard road sits within ikoyi's highest-value residential and mixed-use corridor, driven by scarcity of large land parcels and sustained hni demand.
the corner-piece positioning enhances design flexibility, visibility, density optimization, and exit value.
ideal for developers seeking capital preservation, strong upside, and fast market absorption.
development options
luxury apartments / penthouses
serviced apartments / short-stay residences
boutique office or mixed-use development
market demand drivers
high demand from expatriates, corporates, diplomats, and uhnwis
proximity to banana island, bourdillon, alfred rewane, and key commercial nodes
low vacancy rates for well-positioned luxury developments
financial upside & roi
land appreciation: 15--25% per annum
land value projection (24--36 months): ₦5m+/sqm
projected capital upside: 30--50%+ on land value alone
post-development roi: strong margins supported by premium sales rates and rental yields
competitive advantages
rare large-format corner parcel in ikoyi
located on a prestige address with high resale liquidity
suitable for iconic landmark development
strong demand ensures quick off-take for finished units
exit strategies
land banking with medium-term resale
development, sales, and phased exit
forward sale to institutional or offshore investors
risk mitigation
secure land title
established high-value neighborhood
multiple development and exit pathw...
More details
₦3,400,000
Dasilver Stone Int'l Ltd
08034694258