1,200sqm Land for Sale/JV in Lekki Phase 1

1,200sqm Land for Sale/JV in Lekki Phase 1 - 1
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Price Analysis Above Market

Based on 1269 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy
Address
Leki phase 1 lagos State
Agent Fee
₦ 10
Facilities
Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
Listing by
Agent
Access Road
Paved Road
Property Use
Residential
Square meters
1,200 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

1,200sqm Land for Sale/JV in Lekki Phase 1 Highlights

  • Prime Lekki Phase 1 Location: Lekki Phase 1 is a highly sought-after residential and commercial hub in Lagos, known for its upscale environment and proximity to key business districts and amenities.
  • Generous 1200sqm Plot: This substantial plot size offers ample space for constructing a large family home, multiple units, or a significant commercial development, providing flexibility for various building plans.
  • Established Infrastructure: Properties in this area typically benefit from well-developed infrastructure, including paved access roads, reliable electricity, and consistent water supply, ensuring convenience for residents.
  • Certificate of Occupancy Title: A Certificate of Occupancy (C of O) signifies legal ownership and is a crucial document for property transactions, offering security and legitimacy to the land title.
  • Residential Zoning: This land is designated for residential use, making it ideal for building private homes or apartment complexes within a planned community.

Description

• 1,200 sqm plot of land available for outright sale or joint venture. • Located in the prime Lekki Phase 1 area of Lagos State. • Title document is a Certificate of Occupancy (C of O). • Asking price is NGN 1.5 billion, negotiable. • Joint venture proposal requires a minimum of 16 flats. • Sharing ratio for joint ventures to be determined. • Premium of 10% of value (negotiable) applies. • Facilitator's fees are 10% of the value.

Compare

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TypeResidential LandMixed-use LandCommercial Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply—Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
TitleCertificate of OccupancyRight of OccupancyCertificate of Occupancy
AddressLeki phase 1 lagos StateOpposite Phase 3 Junction, by Kubwa Express, AbujaLekki Aviation town ibeju- Lekki
Agent Fee₦ 10——
Listing byAgent—Agent
Access RoadPaved Road—Gravel Road
Property UseResidentialMixedCommercial
Square meters1,200 sqm10,000 sqm17,000 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully Developed—Fenced
Price₦ 1,500,000,000₦ 1,500,000,000₦ 1,500,000,000