3411sqm Joint Venture Land, Glover Rd Old Ikoyi

3411sqm Joint Venture Land, Glover Rd Old Ikoyi - 1
1 / 2

Price Analysis Above Market

Based on 1251 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy
Address
Glover Rd old Ikoyi lagos
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
3,411 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

3411sqm Joint Venture Land, Glover Rd Old Ikoyi Highlights

  • Prime Ikoyi Location: Old Ikoyi is a highly sought-after and prestigious residential area in Lagos, known for its upscale environment and excellent infrastructure. Properties here benefit from proximity to business districts and premium amenities.
  • Generous Land Size: A substantial plot of 3411 square meters offers significant flexibility for development. This size is ideal for constructing multiple units, a large family home, or commercial ventures.
  • Established Utilities: The presence of essential utilities like water supply, electric supply, and domestic sewage systems indicates a well-serviced area. This reduces the burden and cost of setting up basic infrastructure for new construction.
  • Paved Access Roads: Good access is crucial for any property. Paved roads ensure easy ingress and egress for residents, visitors, and construction vehicles, contributing to the overall convenience and value.
  • Residential Zoning: Designated for residential use, this land is suitable for building homes, apartments, or townhouses. This zoning ensures a neighborhood character conducive to living.

Description

• 3,411 sqm joint venture plot located on Glover Road, Old Ikoyi, Lagos. • Federal Certificate of Occupancy (C of O) title. • Owner seeks luxury apartment development. • Piling work completed at a cost of ₦2.5 billion, to be repaid by the investor. • Facilitator's fee is 10% of the net total land value. • Land value is ₦3 million per square meter.

Compare

3411sqm Joint Venture Land, Glover Rd Old IkoyiThis item
3411sqm Joint Venture Land, Glover Rd Old Ikoyi
₦ 2,500,000,000
834sqm Residential Land with 1500sqm Extension in Maitama for Sale - N2.2B
834sqm Residential Land with 1500sqm Extension in Maitama for Sale - N2.2B
₦ 2,200,000,000
Lekki Land Joint Venture Opportunity
Lekki Land Joint Venture Opportunity
₦ 2,000,000,000
TypeResidential LandResidential LandMixed-use Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water SupplyWater Supply, Car Parking—
TitleCertificate of OccupancyCertificate of OccupancyCertificate of Occupancy
AddressGlover Rd old Ikoyi lagosMaitamaOff Freedom Way, Lekki Phase 1, Lagos
Agent Fee₦ 10₦ 5—
Listing byAgentAgentAgent
Access RoadPaved RoadPaved Road—
Property UseResidentialResidentialResidential
Square meters3,411 sqm834 sqm2,000 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully DevelopedFencedFully Developed
Price₦ 2,500,000,000₦ 2,200,000,000₦ 2,000,000,000