Strategically Located Premium Land Parcel Of 4000sqm

Property Ref : 3573751

Land for sale

Moor Street, Ikoyi, Lagos

₦12,000,000,000

Features

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Ikoyi Fast Sale ---
4,000 sqm Prime Land on Moor Street (Opposite McDonald's), Ikoyi Federal Allocation

Summary
Highprofile 4,000 sqm parcel on Moor Street, Ikoyi (directly opposite McDonald's) with Federal Allocation title. Exceptional redevelopment opportunity in a landmark location. Price: 3,000,000 / sqm (Total: 12,000,000,000). No split sale; two buyers may jointly acquire.

Quick Facts

- Location: Moor Street, Ikoyi --- opposite McDonald's (prominent landmark)
- Site area: 4,000.00 sqm
- Title: Federal Allocation (documents available for verification)
- Asking price: 3,000,000 per sqm --- Total 12,000,000,000
- Sale condition: No split sale (joint purchase by two parties permitted)
- Availability: Immediate --- viewings by appointment for qualified buyers

Key Features & Landmark

- Landmark positioning on Moor Street with direct frontage and immediate visibility from a major commercial axis in Ikoyi.
- Opposite McDonald's --- clear and convenient reference point for clients and visitors.
- Large, contiguous parcel (4,000 sqm) suitable for aggregated highvalue development.
- Secure Federal Allocation title reduces acquisition complexity relative to untitled plots (verification recommended).

Why this is a standout opportunity

- Ikoyi remains one of Lagos's most desirable addresses for residential, corporate and institutional use --- limited supply of large, titled parcels.
- Parcel scale and location enable a range of premium development options (luxury residences, serviced apartments, hotel, mixeduse or corporate campus).
- Strong potential for capital appreciation and attractive exit options to highnetworth buyers, institutions or international investors.

Suggested development concepts

- Luxury residential development: towers or a gated lowrise estate for highend buyers.
- Branded serviced apartments or boutique hotel to serve executives and visitors.
- Mixeduse podium with retail, F&B and premium residential/office floors.
- Institutional use: embassy/consulate compound, corporate headquarters or school.(Feasibility study and planning consultations recommended to determine optimal FAR, unit mix and parking strategy.)

Documents & Due Diligence (available / recommended)

- Federal Allocation letter and evidence of payments/receipts --- available for inspection.
- Survey plan and site coordinates --- request originals and confirm boundaries on site.
- Verification of allocation at the relevant federal authority and ratification process (if buyer requires State C of O).
- Geotechnical/soils report, topography and site condition survey (recommended prior to design).
- Utility & services checks (power, water, drainage, telecom) and access/road alignment verification.
- Legal searches at the Lands Registry and verification with solicitors (recommended).

Commercial & Transaction Notes

- Price is quoted per square metre and as a wholeparcel sale. The owner will not entertain split/parcelled sales; however, two purchasers may combine funds to acquire the land jointly.
- Serious, qualified buyers must provide proof of funds prior to document access and viewings.
- Preferred buyers should be prepared to proceed to contract promptly following satisfactory due diligence.

Next Steps / How to Proceed

1. Submit expression of interest with proof of funds or bank reference.
2. Execute NDA (if required) and receive full title and survey documentation.
3. Arrange site inspection and technical review.
4. Negotiate Heads of Terms, complete legal searches and proceed to contract/exchange.

Contact
The Build Centre Properties Ltd

Legal / Disclaimer
Information provided by the owner/agent. Prospective purchasers must undertake independent legal, technical and financial due diligence and verify all title documents and approvals before committing to any purchase. All terms are subject to contract.
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