HOT SALE — GLOVER ROAD, IKOYI* *ONE OF THE MOST SOUGHT-AFTER STREETS IN OLD IKOYI
*HOT SALE — GLOVER ROAD, IKOYI*
*ONE OF THE MOST SOUGHT-AFTER STREETS IN OLD IKOYI*
*FOR OUTRIGHT SALE*
*LOCATION:* 📍 Directly Along Glover Road, Ikoyi, Lagos — Old Ikoyi’s Prime Residential & Diplomatic Corridor
*SIZE:* 4,397 SQM
*TITLE:* Federal Certificate of Occupancy (Fed C of O) — Highest Title, Fully Verifiable
*PRICE:* ₦4.5 Million per SQM
*TOTAL PRICE:* 4,397 SQM x ₦4.5M = *₦19,786,500,000 (Approx. ₦19.79 Billion)*
*AGENCY FEE:* 5% = ₦989,325,000
*DESCRIPTION:*
– Prime, Dry, Flat Land with Good Frontage
– Located on the Prestigious Glover Road
– Ready to Build — No Encumbrance, No Omonile
– Suitable for Luxury Residential / Apartments
*BENEFITS TO BUYERS & INVESTORS:*
*1. Glover Road = Old Ikoyi Heritage:* Glover Road is one of the original 5 elite roads in Ikoyi — quiet, secure, highly prestigious, home to top diplomats, SANs, and old-money families. Peace and privacy guaranteed.
*2. Lower Entry to Ikoyi Billionaires Club:* Compared to Bourdillon at ₦5.7M/SQM and Banana Island at ₦3.8M/SQM but with estate charges, Glover at ₦4.5M/SQM is the best value for Fed C of O in core Ikoyi.
*3. Massive ROI — Residential Goldmine:*
– Build 8 units of 5-Bedroom Luxury Terrace Duplexes at ₦4B each = ₦32B Gross Sales
– Build 12 Units of Luxury 4-Bed Apartments at ₦2.5B each = ₦30B Gross Sales
– *Profit Margin: 40-60% after construction*
*4. Federal C of O = Money in Bank:* This title is bankable anywhere in the world. You can raise ₦10B – ₦15B loan with this land as collateral immediately.
*5. High Rental Yield:* Luxury rentals in Glover Road go for ₦50M – ₦80M per annum per unit. 8 units = ₦400M – ₦640M yearly rent.
*6. Location Advantage:*
– 2 Minutes to Bourdillon Road & Ikoyi Club
– 3 Minutes to Banana Island
– 5 Minutes to Osborne / Foreshore & Third Mainland Bridge
– 10 Minutes to Victoria Island & Lekki
*7. No Future Supply:* Old Ikoyi lands are finished. No new allocation from Federal Government. What is available is what exists. Scarcity = Price will keep rising.
This is perfect for a developer who wants to enter Ikoyi market without paying Bourdillon price.
*Official Consultant:*
*Doubleo Nig. Ltd – 08030827109*
