Salem/ Jakande, Lekki, Lagos
₦750,000,000
| Property Ref: 3201214 | Added On: 13 Nov 2025 | Last Updated: 13 Nov 2025 |
| Market Status: Available | Type: Land | Total Area: 1,000 sqm |
PROPERTY LISTING: DISTRESS SALE --- PRIME 1,000 sqm LAND (ROADFRONT) --- SALEM / JAKANDE, LEKKILocation: Salem, Jakande, Lekki, LagosLand Size: 1,000 sqm (dry, level)Title: Governor's ConsentPrice: 750,000,000 (Seven Hundred and Fifty Million Naira) --- Net (Motivated / Distress Sale)
EXECUTIVE SUMMARYA scarce, highly valued 1,000 sqm roadside parcel in the Jakande / Salem corridor offered at a significant discount for a quick sale. Originally valued at 1.2 billion, this dry, level land is strategically located near the expressway and is ideal for commercial or residential development. The owner will consider staged payment: 50% upfront today with the balance payable over the following six months --- an attractive concession for serious buyers.
KEY ATTRIBUTES
- Land Size: 1,000 sqm --- suitable for mediumdensity residential development, upscale singlefamily compound, boutique estate, or commercial frontage (retail, showroom, offices).
- Location: Salem, Jakande (Lekki) --- strong growth corridor with improving infrastructure and close proximity to the Lekki expressway.
- Road Frontage: Direct road-facing parcel providing excellent visibility and easy access --- valuable for commercial uses or high-value residential projects.
- Condition: Dry, level and development-ready with minimal site preparation required.
- Title: Governor's Consent --- available for verification; buyer to complete assignment process as part of closing.
PRICE & SPECIAL TERMS
- Asking Price: 750,000,000 (Net) --- substantial discount to original market value (1.2 billion).
- Payment Flexibility: Owner will accept 50% payment on agreement/transfer today and allow remaining 50% to be spread over 6 months --- subject to acceptable proof of funds, signed agreement and clear payment schedule.
- Sale Type: Quick, outright sale preferred; staged payment terms reserved for verified, serious buyers.
VALUE PROPOSITION & USE CASES
- Commercial: Showroom, retail complex, bank branch, or mixed commercial office space leveraging road frontage.
- Residential: Gated villa compound, serviced apartments or boutique estate for highend occupiers.
- Hybrid: Groundfloor commercial with apartments above --- maximizes rental income and capital growth in the corridor.
- Investment Upside: Rapid capital appreciation expected as Lekki corridor infrastructure and demand continue to expand.
RISKS & DUE DILIGENCE RECOMMENDATIONS
- Title Verification: Confirm Governor's Consent status and required assignment/perfection steps with legal counsel.
- Survey & Boundaries: Review registered survey plan and conduct site verification.
- Planning & Approvals: Check local planning zoning and any land use restrictions for intended development.
- Environmental/Technical: Basic site evaluation recommended (drainage, access, utilities availability).
- Payment Terms: All staged payment structures to be documented in a legally binding sale agreement with escrow/independent trustee recommended for balance payments.
VIEWING & TRANSACTION PROTOCOL
- Availability: Immediate --- urgent sale.
- Documentation: Title and supporting papers available for inspection to prequalified buyers under NDA.
- Viewing: Site inspections by appointment only for verified purchasers (proof of funds required prior to access).
- Contact: [Owner / Agent Name] --- direct negotiations encouraged for bona fide buyers.Phone: [Insert phone number] Email: [Insert email]
CONCLUSIONA rare, roadfacing 1,000 sqm land parcel in Salem Jakande offered at a marked discount with flexible, ownerfriendly payment terms. Ideal for buyers ready to move quickly --- half payment today secures the deal; balance over six months. Serious, prequalified buyers only.
