Description

LAND FOR SALE

OFF GLOVER ROAD IKOYI.

It is almost 6000 square metres. The property is close to Thompson avenue & is zoned for medium residential density developments. It is within walking distance (200m) of the Central Business District as shown in the Lagos State Government Revised Ikoyi-Victoria Island Model City Plan 2013-2033. 

The plot is ideal for a small mini estate/hotel/multiple detached houses/. 9-20 storeys buildings are permissible.

Title. 
The title is a Lagos State Registered Land Certificate. There is no need for Lagos State regularization before planning permission is obtained. 

There are 20 yrs left on the title now. Renewal of the title will be assessed at Lagos State rates for a new registration. These are not burdensome & funds maybe set aside for this purpose from the purchase price. In effect a 120 year term is achievable.


Price 9Bn

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