A rare real estate opportunity has arisen in Ikate, Lagos, offering developers and investors a chance to acquire and develop prime land in a high-demand residential area. Situated just behind Bella Vista Estate, this property provides flexibility for outright purchase or joint venture development, making it ideal for both cash buyers and strategic developers.
📍 Location
- Ikate, Off CIS Road, Lagos – a growing residential and commercial neighborhood
- Proximity: Close to Bella Vista Estate, offering easy access to shopping centers, schools, transport networks, and key city hubs
- Neighborhood Benefits: Ikate is well-known for its security, infrastructure, and rapidly appreciating property values, making this a smart investment for long-term capital growth
📐 Land Details
- Total Plot Size: 3,500 sqm
- Flexible Sale Options:
- Option 1: Outright sale of 1,750 sqm or 2,000 sqm
- Option 2: Joint Venture for the remaining portion (1,750 sqm or 1,500 sqm) depending on buyer preference
- Title: Verifiable and secure land ownership
This flexibility allows buyers to acquire a portion for immediate development while partnering on the balance to reduce upfront capital outlay.
💰 Financials
- Selling Price: ₦750,000 per square metre
- Priority: The outright sale takes precedence as the landowner requires urgent cash
- Joint Venture Option: Remaining land can be leveraged for a co-development project, providing flexibility for developers who may prefer shared investment and risk
🏗 Potential Development Opportunities
This land is perfect for:
- Luxury residential projects: Flats, maisonettes, or semi-detached homes
- High-density residential development: Ideal for modern townhouses or gated community projects
- Mixed-use development: Opportunity to combine residential and commercial spaces depending on buyer preference
With 3,500 sqm in a prime location, the property provides ample space for strategic planning, design, and development, ensuring high returns on investment.
⚡ Key Considerations for Buyers & Developers
- Urgency: The landowner is motivated for quick cash sale, giving serious buyers an advantage
- Flexible Development: Option to purchase a portion outright while JV can cover the balance, allowing strategic capital deployment
- High ROI Potential: Ikate properties are in high demand, offering rapid property appreciation and strong rental yields
- Prime Location: Proximity to Bella Vista Estate ensures prestige, security, and desirable neighborhood appeal
📞 Contact / WhatsApp
Serious buyers and developers interested in this flexible and high-potential Ikate land opportunity should reach out immediately:
Call / WhatsApp: 08034139285
Why This Ikate Land Opportunity is Unique
- Strategic location just behind Bella Vista Estate in Ikate, Lagos
- Flexible purchase options – buy outright or co-develop via a joint venture
- Urgent cash sale creates an advantage for serious buyers to negotiate quickly
- Large plot size (3,500 sqm) suitable for luxury residential or mixed-use development
- Strong investment potential in one of Lagos’ fastest appreciating neighborhoods
This property is ideal for developers who want to secure land quickly, capitalize on Ikate’s high property demand, and create high-value residential or mixed-use projects.