1300sqm Waterfront Land on Awolowo Road, Ikoyi Lagos

1300sqm Waterfront Land on Awolowo Road, Ikoyi Lagos - 1
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Price Analysis Above Market

Based on 2048 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Address
Awolowo road, ikoyi Lagos
Property Use
Mixed
Square meters
1,300 sqm
Type of Purchase
Outright Price

1300sqm Waterfront Land on Awolowo Road, Ikoyi Lagos Highlights

  • Prime Ikoyi Location: Ikoyi is a prestigious and well-established district in Lagos, known for its upscale residential and commercial developments. It offers excellent connectivity and a desirable address.
  • Generous Land Size: A plot of 1300 square meters provides substantial space for various development possibilities. This size is suitable for constructing multiple units or a large single-use property.
  • Mixed-Use Development Potential: Mixed-use land allows for a combination of residential, commercial, or retail spaces. This flexibility can maximize the return on investment by catering to diverse needs.
  • Established Infrastructure: Areas like Awolowo Road in Ikoyi typically benefit from established infrastructure, including access to utilities like electricity and water, and well-maintained road networks.
  • High Demand Area: Ikoyi is a highly sought-after location for both residential living and business operations. Properties in this area often experience strong demand and potential for capital appreciation.

Description

• Prime 1,293.44 sqm waterfront land situated directly on the prestigious Awolowo Road, Ikoyi, a highly sought-after Lagos address. • Lagos State Certificate of Occupancy (C of O) title, ensuring clear ownership and legal standing. • Ideal for mixed-use development, offering significant potential for commercial or high-end residential projects. • Flat topography with excellent drainage, suitable for immediate construction planning. • Direct access to Awolowo Road, a major arterial route, facilitating easy transportation and logistics. • Proximity to key Ikoyi landmarks, business districts, and high-end amenities. • Surrounded by established developments, indicating a stable and desirable investment area.

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TypeMixed-use LandMixed-use LandResidential Land
AddressAwolowo road, ikoyi LagosInstitute and Research District AbujaBehind shalom estate & after Mshel clover estate
Property UseMixedMixedResidential
Square meters1,300 sqm18,400 sqm180 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 5,000,000,000₦ 3,600,000,000₦ 4,000,000,000