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Prime Development Opportunity - Two Plots

Residential land for sale

Richland Estate, Bogije, Ibeju Lekki, Lagos

₦80,000,000

Property Ref: 3028110Added On: 11 Aug 2025Last Updated: 21 Aug 2025
Market Status: AvailableType: Residential LandTotal Area: 1,200 sqm

Prime Development Opportunity in Richland Estate - Two Plots for a Mini Estate
Don't just buy a plot of land, acquire the foundation for a lucrative mini-estate. This is a rare chance to purchase two adjoining plots in the prestigious Richland Estate, offering a combined space and an ideal canvas for a visionary project.
Key Highlights:
* Double the Potential: With two plots totaling a massive 1300 sqm (650 sqm per plot), this property is perfectly suited for a mini-estate project. Design and build multiple units, maximizing your return on investment in a high-demand location.
* Flexible Purchase Options: The plots are available for 80M for both, offering a fantastic value for a combined purchase. For those with a smaller project in mind, a single plot can also be acquired for 45M.
* Solid Legal Backing: The land comes with a Governor's Consent title, providing a secure and trusted legal foundation for your investment. This is a crucial document that streamlines the building process and safeguards your ownership.
* Ready for Construction: This is a dry land property, saving you the significant cost and effort of sand-filling. Begin your mini-estate project with a head start, moving directly to the architectural and construction phases.
* Strategic Location: Situated in a prime area of Richland Estate, the land benefits from a serene environment and the promise of rapid development and capital appreciation. A mini-estate here will attract discerning tenants and buyers looking for quality living.
Investment Insight:
Richland Estate is a sought-after location in Gbogije-Ibeju, Lagos. The demand for housing in this region is consistently rising due to ongoing infrastructural projects and its proximity to major commercial hubs. Building a mini-estate on these two plots is a strategic move that capitalizes on this growth, providing a steady stream of rental income or a high-yield asset for resale.
This is a golden opportunity for a developer or a savvy investor. Contact us today to seize this chance and turn this prime land into a profitable mini-estate.

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