Queens Drive, Ikoyi, Lagos
$10,000,000
| Property Ref: 3051183 | Added On: 23 Aug 2025 | Last Updated: 13 Sep 2025 |
| Market Status: Available | Type: Residential Land | Total Area: 5,100 sqm |
Waterfront Land for Sale ---
Queens Drive, Ikoyi
5,100 m
(Federal C of O) --- $10,000,000
(Half lot available at $5,000,000)
Rare waterfront development parcel on Queens Drive, Ikoyi --- 5,100 m with Federal Certificate of Occupancy. Prime island-front opportunity for a flagship private residence, boutique hotel, luxury villas or highend mixeduse scheme. Offered whole or as two equal halves.
Quick facts
- Location: Queens Drive, Ikoyi (waterfront)
- Site area: 5,100 m (option to split into 2 x 2,550 m --- negotiable)
- Title: Federal Certificate of Occupancy (Federal C of O) --- marketable land title
- Asking price (whole): US$10,000,000
- Asking price (half): US$5,000,000 (per 2,550 m)
- Implied price: US$1,961 per m
Short description
A rare, highprofile waterfront landholding on Queens Drive, Ikoyi --- one of Lagos' most prestigious addresses. This significant 5,100 m parcel provides exceptional development flexibility and waterfront exposure, offering a unique opportunity for discerning buyers seeking a landmark asset in a tightly constrained market.
Key selling points
- Waterfront address on Queens Drive --- exceptional prestige, views and potential for premium product.
- Secure Federal C of O --- strong title suitability for acquisition and financing.
- Flexible acquisition: buy the entire 5,100 m or acquire a 2,550 m half lot (split sale negotiable).
- Suitable for highvalue uses: private mansion/compound, gated villa development, boutique hotel/serviced apartments, embassy/consulate residence or mixeduse flagship project (subject to planning approvals).
Location & accessibility
- Positioned on Queens Drive, Ikoyi --- excellent connectivity to Victoria Island, Ikoyi's commercial nodes and major arterial routes.
- Close to premium amenities including international schools, embassies, corporate offices and lifestyle destinations.
- Waterfront location enhances privacy, views and longterm capital value.
Title & legal
- Title: Federal C of O --- documentation available for review.
- Vendor can consider split sale into two equal parcels (2,550 m each) subject to survey and legal partitioning.
- Recommended legal checks: full title verification, confirmation of any encumbrances, and process for partitioning if purchasing half.
Development potential & suggested uses
- Ultraluxury private residence / multigeneration family compound
- Boutique waterfront hotel or serviced apartments (small scale, high spec)
- Luxury villa development (gated estate) or highend mixeduse with retail/restaurant frontage (subject to approvals)
- Embassy/consulate or corporate headquarters requiring a prestigious waterfront address
- Valueadd repositioning / longterm landbanking
Investment highlights
- Scarcity premium: waterfront sites of this size on Queens Drive are exceptional and infrequently available.
- Federal C of O increases transaction confidence and facilitates financing.
- Strong demand drivers: highnetworth homeowners, diplomatic and hospitality markets in Ikoyi and Victoria Island.
- Splitsale option provides flexibility for different buyer profiles (single investor or two purchasers).
Sale & viewing information
- Sale type: Direct sale (vendor mandate). Serious buyers only.
- Viewings: Strictly by appointment; accompanied inspections only.
- Requirements for viewing: proof of funds or credible corporate introduction; NDAs may be requested prior to receiving detailed documents.
*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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