Glover Road, Old Ikoyi, Ikoyi, Lagos
₦3,300,000,000
| Property Ref: 3108857 | Added On: 22 Sep 2025 | Last Updated: 28 Sep 2025 |
| Market Status: Available | Type: Land | Total Area: 1,000 sqm |
Listing title
Size: Prime 1,000 sqm Land on Glover Road, Ikoyi
Title: Federal C of O
Price: 3,300,000,000
Overview
Exceptional island opportunity on prestigious Glover Road, Ikoyi --- a rare 1,000 sqm plot offered with a Federal Certificate of Occupancy (Federal C of O). This highprofile landholding presents an outstanding acquisition for institutional investors, developers, embassies, family offices or private buyers seeking a secure, strategic Ikoyi address for redevelopment into a luxury residence, boutique hotel, serviced apartments, corporate headquarters or bespoke mixeduse scheme.
Property summary
- Product: Vacant land / development site (single plot)
- Plot size: 1,000 sqm
- Location: Glover Road, Ikoyi, Lagos --- one of the island's most prestigious corridors
- Title: Federal Certificate of Occupancy (Federal C of O) --- certified title documents available for qualified buyers
- Asking price: 3,300,000,000 (Three billion, three hundred million Naira) --- approx. 3,300,000 per sqm
- Sale type: Direct sale to qualified buyers (viewings by appointment)
Why this plot stands out
- Prime island address: Glover Road is synonymous with exclusivity, security and ultraprime residential/ institutional uses --- limited large parcels are available in this micromarket.
- Strong title: Federal C of O is highly marketable and supports financing, institutional purchase and smooth legal transfer.
- Flexible development potential: the sizeable 1,000 sqm footprint allows for highvalue bespoke schemes consistent with Ikoyi's lowdensity, premium character.
- Investment resilience: Ikoyi land holds strong longterm capital preservation and appreciation characteristics, attractive to local and international buyers.
Potential uses (subject to planning)
- Luxury private mansion or multigeneration family compound
- Diplomatic/consular compound or secure institutional campus
- Boutique hotel or serviced apartment development for highend shortstay market
- Lowdensity ultraluxury apartment development or detached villas (subject to planning)
- Corporate headquarters with secure setback, guest parking and landscaped grounds
Location & convenience
- Located on Glover Road within the heart of Ikoyi --- close to island business districts, premium retail, international schools, healthcare and leisure amenities.
- Excellent connectivity to Victoria Island and other principal Lagos nodes via main island road network --- ideal for executives and diplomatic functions.
Title & due diligence
- Title document: Federal C of O (certified copies to be provided to qualified buyers and solicitors). Federal C of O strengthens transaction credibility and supports lender evaluation.
- Recommended due diligence:
- Solicitor title search and verification of chain of ownership and any encumbrances
- Certified site survey and boundary verification
- Planning & zoning check with Lagos State planning authority (permissible coverage, setbacks, allowable height/FAR)
- Geotechnical study (if development planned) and utilities availability check (power, water, drainage)
- Environmental and flood risk advisory as required
Transaction details & viewing
- Viewings: By appointment only for prequalified buyers --- proof of funds and buyer identification will be required prior to document release and site access.
- Process: Submit a formal Letter of Intent (LOI) with proof of funds. Qualified parties will receive the title pack and be invited for inspection. Negotiation of Heads of Terms and solicitorled conveyancing will follow.
- Fees & costs: Buyer to allow for legal fees, stamp duty, registration charges and agent commission (unless otherwise agreed).
Why act now
Large, welltitled island plots on Glover Road are exceptionally rare. This is a strategic acquisition opportunity for buyers seeking a prestigious Ikoyi holding with immediate title clarity and flexible development options.
Disclaimer
All information provided is indicative and supplied in good faith. Prospective buyers must carry out independent legal, technical and financial due diligence prior to any transaction. Price and availability are subject to negotiation and prior sale.
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
