5000sqm Waterfront Joint Venture Osborne Ikoyi

5000sqm Waterfront Joint Venture Osborne Ikoyi - 1
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Price Analysis Great Deal

Based on 1350 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy
Address
Osborne phase 1 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
5,000 sqm
Type of Purchase
per Sqm
Development Status
Fully Developed

5000sqm Waterfront Joint Venture Osborne Ikoyi Highlights

  • Prime Waterfront Location: Properties in this area offer direct access to waterfront views and amenities. This prestigious location is known for its exclusivity and scenic beauty.
  • Generous Land Size: A substantial land parcel of 5000 square meters provides ample space for development. This size is ideal for large-scale residential projects or multiple units.
  • Established Infrastructure: The area benefits from well-developed infrastructure, including paved access roads. This ensures convenient transportation and accessibility.
  • Essential Utilities Available: Buyers can expect access to crucial utilities such as water supply, electric supply, and gas supply. These are fundamental for residential living and development.
  • Secure Residential Zone: Designated for residential use, this zone typically features security measures to ensure a safe living environment. It's a sought-after area for secure housing.
  • Certificate of Occupancy Title: A Certificate of Occupancy (C of O) signifies legal ownership and government approval for land use. This provides a secure and recognized title for the property.

Description

• 5,000sqm prime waterfront land in Osborne Phase 1, Ikoyi, Lagos. • Comprises 1,800sqm build-ready land and 3,200sqm to be reclaimed from the lagoon by the developer. • Federal Certificate of Occupancy (C of O) and other relevant titles. • Suitable for development of detached or terrace houses. • Direct mandate with facilitator's fee of 10% (₦2.1 billion). • Total land value estimated at ₦21 billion (₦4,200,000/sqm). • Joint Venture sharing formula to be discussed with prospective developers.

Compare

5000sqm Waterfront Joint Venture Osborne IkoyiThis item
5000sqm Waterfront Joint Venture Osborne Ikoyi
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TypeResidential LandResidential LandResidential 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 Occupancy—Certificate of Occupancy
AddressOsborne phase 1 Ikoyi Lagosimota ikoroduGlover Rd old ikoy lagos
Agent Fee₦ 10—₦ 10
Listing byAgent—Agent
Access RoadPaved Road—Paved Road
Property UseResidentialResidentialResidential
Square meters5,000 sqm500 sqm288 sqm
Type of Purchaseper SqmOutright Priceper Sqm
Development StatusFully Developed—Fully Developed
Price₦ 4,200,000₦ 3,200,000₦ 4,500,000