PRIME LAND FOR SALE IN OLD IKOYI (RUMENS)

xclusive Opportunity in One of Lagos’ Most Prestigious Neighborhoods

An exceptional opportunity is now available to acquire a prime parcel of land in the heart of Old Ikoyi, one of the most sought-after and exclusive residential locations in Lagos. This offering is ideal for luxury home developers, private buyers, and institutional investors seeking long-term value in a blue-chip neighborhood.


📍 Property Location – Proper Old Ikoyi (Rumens Axis)

This land is located in Proper Old Ikoyi, precisely along the Rumens axis, an area known for:

  • Ultra-low housing density
  • Quiet, secure, and serene environment
  • High concentration of diplomats, expatriates, and high-net-worth residents
  • Close proximity to Ikoyi Club, Bourdillon, Alfred Rewane, and major embassies

Old Ikoyi remains one of the most stable and appreciating real estate markets in Nigeria.


📐 Property Details

  • Land Size: 1,200 Square Meters
  • Configuration: From a well-partitioned land, offering a good, regular shape and excellent frontage
  • Topography: Flat and suitable for immediate development
  • Accessibility: Fully accessible via paved road

The land’s shape and frontage make it perfect for efficient architectural planning with minimal wastage.


🏗️ Development Potential

This property is suitable for multiple high-value developments, including:

  • Luxury detached mansion
  • Premium duplex or townhouse project
  • High-end serviced apartments
  • Short-stay luxury residence

Developments in Old Ikoyi enjoy strong rental demand, elite tenant profiles, and excellent resale value.


📄 Title Documentation – Federal C of O

  • Title: Federal Certificate of Occupancy (C of O)

This title offers:

  • Strong legal backing
  • High investor confidence
  • Smooth transaction and transfer process
  • Immediate eligibility for development and financing

Federal C of O properties in Old Ikoyi are particularly valued due to their rarity and security of ownership.


💰 Price Details

  • Price: ₦3.8 Million per Square Meter
  • Basis: Net

Considering the location, title strength, and development potential, this pricing is competitive within the Old Ikoyi market, where demand consistently outpaces supply.


📈 Investment Outlook

Old Ikoyi remains a prime real estate safe haven, offering:

  • Consistent capital appreciation
  • High rental yields
  • Low vacancy rates
  • Strong demand from expatriates and corporate tenants

This property presents an excellent opportunity for both immediate development and strategic land banking.


🔍 Inspection & Due Diligence

  • Property is available for inspection
  • All documentation available for verification
  • Serious buyers only

Early inspection is strongly advised, as properties in this location rarely stay long on the market.


⭐ Key Highlights at a Glance

  • Located in Proper Old Ikoyi (Rumens)
  • 1,200sqm with excellent shape and frontage
  • Federal Certificate of Occupancy
  • Premium residential environment
  • Suitable for luxury developments
  • Strong appreciation potential

📞 Contact Details

For further information, inspection, or transaction discussion:

Contact / WhatsApp: 08034139285

This is a rare opportunity to own land in one of Lagos’ most prestigious addresses.
Serious buyers and direct mandates are encouraged to act promptly.

Real

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