Land for sale
Salem/ Jakande, Lekki, Lagos
Property listing: distress sale --- prime 1,000 sqm land (road‑front) --- salem / jakande, lekkilocation: salem, jakande, lekki, lagosland size: 1,000 sqm (dry, level)title: governor's consentprice: ₦750,000,000 (seven hundred and fifty million naira) --- net (motivated / distress sale)
executive summarya scarce, highly valued 1,000 sqm roadside parcel in the jakande / salem corridor offered at a significant discount for a quick sale. originally valued at ₦1.2 billion, this dry, level land is strategically located near the expressway and is ideal for commercial or residential development. the owner will consider staged payment: 50% upfront today with the balance payable over the following six months --- an attractive concession for serious buyers.
key attributes
- land size: 1,000 sqm --- suitable for medium‑density residential development, upscale single‑family compound, boutique estate, or commercial frontage (retail, showroom, offices).
- location: salem, jakande (lekki) --- strong growth corridor with improving infrastructure and close proximity to the lekki expressway.
- road frontage: direct road-facing parcel providing excellent visibility and easy access --- valuable for commercial uses or high-value residential projects.
- condition: dry, level and development-ready with minimal site preparation required.
- title: governor's consent --- available for verification; buyer to complete assignment process as part of closing.
price & special terms
- asking price: ₦750,000,000 (net) --- substantial discount to original market value (₦1.2 billion).
- payment flexibility: owner will accept 50% payment on agreement/transfer today and allow remaining 50% to be spread over 6 months --- subject to acceptable proof of funds, signed agreement and clear payment schedule.
- sale type: quick, outright sale preferred; staged payment terms reserved for verified, serious buyers.
value proposition & use cases
- commercial: showroom, retail complex, bank branch, or mixed commercial office space leveraging road frontage.
- residential: gated villa compound, serviced apartments or boutique estate for high‑end occupiers.
- hybrid: ground‑floor commercial with apartments above --- maximizes rental income and capital growth in the corridor.
- investment upside: rapid capital appreciation expected as lekki corridor infrastructure and demand continue to expand.
risks & due diligence recommendations
- title verification: confirm governor's consent status and required assignment/perfection steps with legal counsel.
- survey & boundaries: review registered survey plan and conduct site verification.
- planning & approvals: check local planning zoning and any land use restrictions for intended development.
- environmental/technical: basic site evaluation recommended (drainage, access, utilities availability).
- payment terms: all staged payment structures to be documented in a legally binding sale agreement with escrow/independent trustee recommended for balance payments.
viewing & transaction protocol
- availability: immediate --- urgent sale.
- documentation: title and supporting papers available for inspection to pre‑qualified buyers under nda.
- viewing: site inspections by appointment only for verified purchasers (proof of funds required prior to access).
- contact: [owner / agent name] --- direct negotiations encouraged for bona fide buyers.phone: [insert phone number] email: [insert email]
conclusiona rare, road‑facing 1,000 sqm land parcel in salem jakande offered at a marked discount with flexible, owner‑friendly payment terms. ideal for buyers ready to move quickly --- half payment today secures the deal; balance over six months. serious, pre‑qualified buyers onl...
More details
₦750,000,000
The Build Centre Properties
09028190510