Rumens Road, Ikoyi, Lagos
₦34,650,000,000
| Property Ref: 3082206 | Added On: 08 Sep 2025 | Last Updated: 16 Sep 2025 |
| Market Status: Available | Type: Land | Total Area: 7,700 sqm |
NOTICE: *DIRECT BUYER COMMUNICATION ONLY* (NO AGENTS- NO MANDATES)
Listing Title:
Prime 7,700 sqm Land ---
Rumens Road, Ikoyi ---
State C of O
Asking: 4,500,000 per sqm (34.65B)
Overview:
Outstanding opportunity to acquire a substantial 7,700 sqm land parcel on Rumens Road, Ikoyi. The site is fully fenced and offered with a State Certificate of Occupancy (C of O), making it an excellent trophy asset for institutional investors, developers, embassies or highnetworth buyers seeking a landmark development or longterm land bank in one of Lagos Island's most coveted corridors.
Key Details
- Property type: Vacant land (prime development parcel)
- Size: 7,700 sqm
- Location: Rumens Road, Ikoyi, Lagos
- Title: State Certificate of Occupancy (State C of O)
- Condition: Fully fenced --- ready for site mobilisation
- Asking price: 4,500,000 per sqm
- Indicative total asking price: 34,650,000,000
- Photos, survey plan and title documents: Available on request to verified/serious buyers
Location & Strategic Advantages
- Situated on Rumens Road --- close to key Ikoyi microlocations (Probyn, Bourdillon, Kingsway) and with excellent connectivity to Victoria Island and other business districts
- Large, contiguous parcel --- rare in Ikoyi and suitable for flagship projects with high scarcity value
- Fully fenced site reduces immediate site preparation cost and improves security for development activities
- State C of O provides a robust title basis for transfer and development (buyers still advised to verify particulars)
Potential Uses & Development Opportunities
- Ultraluxury private estate, cluster of mansions or highend villas
- Serviced apartments, luxury condominium or boutique residential development
- Embassy/consular compound, corporate headquarters or institutional use
- Mixeduse scheme combining residential, retail and office (subject to planning approvals)
- Parceling/phased sale or JV development --- flexible options depending on buyer requirements and approvals
Investment Highlights
- Large landholding in Ikoyi: strong longterm capital appreciation and rental upside for developed product
- Ready site (fenced) accelerates mobilisation and initial site works
- Attractive for owneroccupiers, developers and institutional investors seeking prestige and strategic location
Title, Documents & Transfer
- Title: State Certificate of Occupancy (State C of O) --- originals available for inspection by serious buyers
- Seller can provide survey plan, title documentation and any allocation/consent papers on request
- Buyers should verify C of O particulars, chain of ownership and any conditions attached to the title
Price, Terms & Additional Costs
- Asking price per sqm: 4,500,000
- Indicative total price: 34,650,000,000
- Price may be negotiable depending on payment terms, proof of funds and purchaser qualification
- Buyer to bear customary acquisition costs (legal fees, stamp duty, transfer fees, professional fees) unless otherwise agreed
- Seller open to discuss structured payment terms, parceling or jointventure (JV) options with qualified buyers
Viewing & Next Steps
- Site inspections and document review available by appointment for serious/qualified buyers
- Photo gallery, survey plan and copies of title documents provided to verified purchasers on request
- Virtual/video tour can be arranged for remote investors
- Recommended next steps: request documents, schedule an onsite inspection and instruct legal/title search and 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
