Probyn Road, Ikoyi, Lagos
₦22,323,000,000
| Property Ref: 3079832 | Added On: 07 Sep 2025 | Last Updated: 13 Sep 2025 |
| Market Status: Available | Type: Land | Total Area: 7,441 sqm |
Listing Title:
Prime & Prestige 7,441 sqm Land at Probyn Road, Ikoyi ---
Title: Deed Of Assignment
Asking: 3,000,000 per sqm (22.323B)
Overview:
Outstanding opportunity to acquire a large, contiguous 7,441 sqm land parcel on Probyn Road, Ikoyi --- one of Lagos Island's most exclusive addresses. Offered with a Deed Of Assignment), this rare holding is ideal for a landmark private residence, highend multiunit development, embassy/corporate compound or mixeduse project. Exceptional location, scale and clear title make this a strategic acquisition for investors, developers and highnetworth buyers seeking a trophy asset in Ikoyi.
Key Details:
- Property type: Vacant land (prime residential/commercial potential)
- Size: 7,441 sqm
- Location: Probyn Road, Ikoyi, Lagos
- Title: Deed Of Assignment
- Asking price: 3,000,000 per sqm
- Indicative total asking price: 22,323,000,000
- Photos/survey/title documents: Available on request to verified buyers
Location & Strategic Advantages:
- Prestigious Probyn Road microlocation --- close to Bourdillon, prestigious residences, embassies and corporate houses
- Excellent connectivity to Ikoyi, Victoria Island and key Lagos business districts
- Quiet, secure neighbourhood with limited comparable land availability --- strong scarcity value
- High demand for premium developments in this corridor, supporting superior capital appreciation and rental premiums
Potential Uses / Development Opportunities:
- Signature private mansion/estate or a cluster of luxury villas
- Serviced apartment development or ultraluxury condominium (subject to approvals)
- Corporate headquarters, embassy or institutional compound
- Boutique hotel or exclusive hospitality product (subject to planning)
- Masterplanned luxury redevelopment or phased parceling for targeted sales (seller to confirm parceling options)
Title, Documents & Transfer:
- Title: Deed Of Assignment--- original documents available for verification by serious buyers
- Seller can provide survey plan, chain of title documentation and other supporting paperwork upon request
Due Diligence & Technical Considerations:
Prospective buyers are advised to carry out the following prior to exchange:
- Title and chain of ownership verification
- Boundary verification and onsite survey to confirm exact measurements
- Zoning/landuse and planning consent checks with Lagos State planning authorities
- Geotechnical and flood risk assessments, particularly for largescale development planning
- Utility and infrastructure availability checks (access roads, power, water, drainage)
- Any estate or neighbourhood-specific approvals required (if within managed enclave)
Price, Terms & Additional Costs:
- Asking price: 3,000,000 per sqm
- Indicative total: 22,323,000,000
- Price subject to negotiation based on payment terms, proof of funds and due diligence outcomes
- Buyer responsible for customary acquisition costs (legal fees, stamp duty, transfer fees, agency fees) unless otherwise agreed
Viewing & Next Steps:
- Site inspections and document review available by appointment for serious/qualified buyers
- Photo gallery, survey plan and copies of title documents can be provided to verified purchasers
- Video/virtual tour available on request
- Recommended next steps: request documents, schedule site visit, instruct legal/title search and commission technical surveys
Contact: Mr. Kola Adesina (EDBA)
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA.
Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
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Ref: Daka
