Mile 2, Kirikiri, Apapa, Lagos
₦5,500,000,000
| Property Ref: 3124036 | Added On: 01 Oct 2025 | Last Updated: 12 Oct 2025 |
| Market Status: Available | Type: Mixed-use Land | Total Area: 12,480 sqm |
MASSIVE PRICE REDUCTION ---
Waterfront Development Land
(12,480 sqm) ---
Camp Site, Opp. Vanguard Newspaper, Mile 2 (Kirikirri), AmuwoOdofin
Registered Conveyance
Headline: Rare waterfront parcel at Mile 2 / Kirikiri with direct strategic frontage --- now offered at a significant reduction. Previously 7.8B, now 5.5B. Exceptional opportunity for logistics, portlinked, industrial or mixeduse developers.
Quick facts
- Location: Camp Site, opposite Vanguard Newspaper, Mile 2 --- Kirikiri, AmuwoOdofin, Lagos
- Size: 12,480 sqm (approx. 1.248 ha)
- Title: Registered Conveyance (certified copies available to qualified buyers)
- Old price: 7,800,000,000 --- Now: 5,500,000,000 (firm reduced asking)
- Status: Bareland --- waterfront / foreshore proximity (site inspection recommended)
Overview
A highimpact waterfront development parcel in one of Lagos's most commercially strategic corridors. The site sits on the Camp Site strip at Mile 2 --- immediate adjacency to major portrelated activity, freight routes and industrial clusters. This is a timesensitive sale following a substantial price reduction, offering a rare chance to secure sizable waterfront frontage in western Lagos at a compelling valuation.
Why this site is strategic
- Waterfront & port corridor: Positioned within Lagos' western port catchment, close to Apapa ports, container terminals and freight/logistics services --- ideal for operations that rely on fast port access.
- High visibility & accessibility: Situated on the Mile 2 strategic spine with direct arterial connections to Apapa, the Lagos--Badagry expressway and innercity distribution routes.
- Scale and consolidation: 12,480 sqm offers substantial contiguous acreage for a singleowner masterplan --- uncommon within the port/industrial belt.
- Immediate development flexibility: Bareland ready for masterplanning, enabling optimised layout for yard operations, warehouses or mixed commercial uses.
Potential highestvalue uses (subject to planning & approvals)
- Logistics & distribution hub / container yard / freight consolidation centre
- Multibay warehousing and light industrial park (3PL opportunity)
- Coldchain / perishables aggregation & processing (with retrofit)
- Marine support services, boat/jetty support & logistics (subject to coastal/foreshore consents)
- Largeformat commercial plaza or bulk wholesale market serving port communities
- Strategic landbank for institutional investors seeking waterfront exposure
Key advantages for investors & occupiers
- Direct commercial synergy with Apapa/Mile 2 logistics and supplychain nodes --- reduces truck turntime and operating costs.
- Clear Registered Conveyance title simplifies conveyancing and can support a faster transaction process for qualified buyers.
- Price correction presents immediate upside --- acquisition at reduced capital outlay versus prior market asking.
- Sufficient area to create multiuse income streams (leases, yard fees, warehousing, valueadded services).
Practical considerations & recommended due diligence
- Title verification: Obtain certified copy of Registered Conveyance and instruct solicitors to confirm chain of ownership and encumbrances.
- Environmental & remediation: Given prior industrial/port uses in the corridor, commission Phase I (and if required, Phase II) environmental investigations to quantify any remediation needs and costs.
- Flood & coastal risk: Waterfront locations require specialist flood risk and coastal engineering assessments; include foreshore/jetty permission checks where relevant.
- Geotechnical & drainage: Soil/ground investigation to determine foundation and pavement design for heavyduty yard/warehouse use.
- Planning & statutory consent: Consult Lagos State and relevant port/coastal authorities on permissible uses, setbacks, foreshore/jetty licensing and traffic/access requirements.
- Utilities & services: Confirm proximity/connection points for power, water and drainage, and estimate service upgrade costs for highcapacity industrial use.
Transaction process & viewing
- Viewings: Strictly by appointment for qualified parties. Proof of funds and prequalification required before full document release and site access.
- Documentation: Certified Registered Conveyance and survey will be provided to prequalified buyers/solicitors under confidentiality terms.
- Offers: Submit a written Expression of Interest (EOI) or Letter of Intent (LOI) with company profile and proof of funds. Preferred buyers will be invited to inspect and proceed to Heads of Terms and solicitorled completion.
Next steps / contact
For confidential enquiries, to request the title pack, arrange a site inspection or submit an LOI, please contact the listing agent or facilitator (details to be provided on request).
Important note
All information is provided in good faith for marketing purposes. Prospective purchasers must carry out independent legal, technical and financial due diligence. The seller reserves the right to accept an offer at any time.
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.
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Our team reviews your request and assigns a dedicated relationship manager.
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We conduct due diligence and arrange site visits.
Viewings are by appointments only
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