₦ 5,500,000
Distress Sale: 50x100 Plot at Uroho 1, Off Sapele Road Bypass
Benin City • 19 h ago
3,900sqm Joint Venture Land, Glover Road Old Ikoyi
1 / 3
Price Analysis Great Deal
Based on 349 similar listings
Market Demand
High Demand
Details
- Type
- Residential Land
- Title
- Certificate of Occupancy
- Address
- Glover Road 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
- 3,900 sqm
- Type of Purchase
- per Sqm
- Development Status
- Fully Developed
3,900sqm Joint Venture Land, Glover Road Old Ikoyi Highlights
- Prime Ikoyi Location: Glover Road in Old Ikoyi is a highly sought-after and prestigious address in Lagos. This area is known for its upscale residential properties and excellent connectivity.
- Generous Land Size: A plot of 3900 square meters offers substantial space for development. This size is ideal for constructing multiple units or a large, single-family estate.
- Established Utilities: Properties in this developed area typically benefit from access to essential utilities. This includes reliable water supply, electricity, and gas connections.
- Ready for Development: The land is situated in a fully developed area, suggesting that infrastructure like paved access roads and drainage systems are already in place.
- Residential Zoning: This land is zoned for residential use, making it suitable for building homes, apartments, or townhouses in a well-established neighborhood.
Description
• Prime 3,900 sqm (80m x 50m) joint venture land parcel in Old Ikoyi. • Approved 17-storey high-rise development plan in place, saving significant time. • Julius Berger piling already completed, offering substantial cost savings. • Bankable Lagos Certificate of Occupancy (C of O) title, ensuring clear ownership. • Located on Glover Road, near Thompson traffic light, a highly sought-after address. • Land value estimated at ₦5.2m per sqm, totaling ₦20.28bn. • Facilitator fee of ₦2.028bn applies, with a 10% net return for investors.
Compare
 This item3,900sqm Joint Venture Land, Glover Road Old Ikoyi ₦ 5,200,000 |  Distress Sale: 50x100 Plot at Uroho 1, Off Sapele Road Bypass ₦ 5,500,000 |  Half Plot of Land for Sale in Apapa Moniya, Ibadan ₦ 5,000,000 | |
|---|---|---|---|
| Type | Residential Land | Mixed-use Land | Residential Land |
| Facilities | Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply | — | — |
| Title | Certificate of Occupancy | Deed of Assignment, Sale Agreement | Sale Agreement |
| Address | Glover Road Old Ikoyi lagos | Uroho 1 off Sapele Road bypass | Apapa Moniya Ibadan |
| Agent Fee | ₦ 10 | ₦ 300,000 | ₦ 500,000 |
| Listing by | Agent | Agent | Agent |
| Access Road | Paved Road | — | Paved Road |
| Property Use | Residential | Mixed | Residential |
| Square meters | 3,900 sqm | 464 sqm | 300 sqm |
| Type of Purchase | per Sqm | Outright Price | Outright Price |
| Development Status | Fully Developed | Fully Developed | Partially Developed |
| Price | ₦ 5,200,000 | ₦ 5,500,000 | ₦ 5,000,000 |
Similar Ads
₦ 5,000,000
Half Plot of Land for Sale in Apapa Moniya, Ibadan
Akinyele • 1 d ago
₦ 6,500,000
FCDA R of O Land for Sale at Pyakasa, Lugbe FCT Abuja
Pyakasa • 5 h ago
₦ 3,900,000
Massive 2400sqm Commercial Land for Sale at Eko Atlantic
Eko Atlantic • 5 min ago
₦ 5,250,000
350sqm Residential Land for 3-Bedroom Bungalow + BQ in Kuje
Kuje • 4 h ago
₦ 6,000,000
Spectra Estate Land for Sale in Edo Ogwashi, Delta
Aniocha South • 4 h ago
₦ 4,200,000
Mixed Use Land for Sale, Probyn Old Ikoyi
Old Ikoyi • 5 h ago
₦ 4,700,000
Residential Land for Sale in Pyakasa, Abuja
Pyakasa • 5 h ago