Avenue Zone B, Eko Atlantic City, Lagos
₦7,000,000,000
| Property Ref: 3132916 | Added On: 06 Oct 2025 | Last Updated: 12 Oct 2025 |
| Market Status: Available | Type: Mixed-use Land | Total Area: 3,356 sqm |
For Sale ---
Prime 3,356 sqm Development Parcel
(Avenue Zone B) ---
Suitable for 30+ Storeys
7,000,000,000
Overview: Rare, largeformat development site in Avenue Zone B --- a 3,356 sqm parcel with exceptional potential for a highrise landmark (30+ storeys subject to planning). Strategic location and scale make this an ideal acquisition for institutional developers, hotel groups or mixeduse masterplans.
Property snapshot
- Location: Avenue Zone B (prime urban corridor)
- Site area: 3,356 sqm (single consolidated parcel)
- Asking price: 7,000,000,000 (Seven billion Naira) --- approx. 2,087,000 / sqm
- Suitability: Multistorey / highrise developments (30 storeys and above considered subject to statutory approvals)
- Title: Available on request to qualified buyers (certified title pack to be issued following LOI / proof of funds)
OverviewThis substantial parcel offers rare scale in a highly sought Avenue Zone B location --- sufficient footprint to deliver a major mixeduse or singleuse highrise scheme with podium retail, basement / podium parking, and superior amenity space. The site is positioned to capture strong corporate, residential, hotel and retail demand in a premium urban node.
Strategic advantages
- Size & quantum: 3,356 sqm supports significant GFA and allows flexible massing for tower(s), generous podium and service yards.
- Highrise capability: Suitable for a 30+ storey solution (subject to Lagos State planning criteria), enabling strong unit counts and landmark economics.
- Prime microlocation: Avenue Zone B benefits from corporate occupiers, retail catchment and strong transport linkages --- excellent enduser and investor demand.
- Institutional appeal: Parcel scale and location support institutional financing and branded development opportunities.
Suggested development concepts
- Landmark mixeduse tower: retail/ F&B podium, GradeA office floors, and luxury residential or serviced apartments above.
- Branded hotel plus residential/serviced apartment tower with conference facilities.
- Luxury residential highrise with extensive resident amenities and private gardens.
- Office tower / corporate headquarters with integrated retail and parking.
- Masterplanned multitower scheme delivered in phases to optimise cashflow.
Due diligence & recommended checks
Prospective buyers should complete the following before commitment:
- Title verification: obtain certified title pack and instruct solicitors for chainoftitle and encumbrance searches.
- Planning & zoning: confirm allowable FAR/FSI, height restrictions and parking requirements with Lagos State planning authorities.
- Technical: geotechnical investigation, topographic survey, flood/drainage assessment and utilities capacity audit.
- Environmental & traffic: EIA screening and traffic impact study for highrise access and servicing.
- Financial: independent market feasibility for residential/office/hotel yield assumptions and QS cost model for construction and servicing costs.
Transaction process & next steps
1. Submit a Letter of Interest (LOI) with company profile and proof of funds.
2. On qualification, sign NDA and receive certified title & survey pack.
3. Arrange onsite inspection and technical reviews (survey, geotech).
4. Negotiate Heads of Terms (price, deposit, timeline and any conditionality).
5. Execute sale agreement and complete via solicitorled conveyancing.
Why act nowLarge, titled parcels capable of supporting 30+ storeys in Avenue Zone B are exceptionally rare. Securing this site provides scale and flexibility to deliver a highvalue flagship project in one of the city's premium corridors.
DisclaimerInformation provided in this listing is indicative and prepared in good faith. Prospective buyers must carry out independent legal, technical and financial due diligence. Price and availability are subject to prior sale and negotiation.
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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We conduct due diligence and arrange site visits.
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Finalize purchase, rental or lease with legal support.
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