1492 SQM Bareland in Gated Estate, Ologolo

1492 SQM Bareland in Gated Estate, Ologolo - 1
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Price Analysis Above Market

Based on 2130 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Deed of Assignment
Address
Ologolo
Property Use
Residential
Square meters
1,492 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

1492 SQM Bareland in Gated Estate, Ologolo Highlights

  • Prime Residential Location: This property is situated in a well-established residential area, offering a desirable neighborhood for homeowners. Such locations often provide access to essential services and a stable community environment.
  • Generous Land Size: With 1492 square meters, this plot offers ample space for building a substantial home and potentially incorporating outdoor living areas. This size is suitable for larger residences or multi-unit developments.
  • Gated Estate Security: Properties within gated estates typically benefit from enhanced security measures, including controlled access and often perimeter fencing. This provides residents with a greater sense of safety and privacy.
  • Fully Developed Area: Being in a fully developed area means that infrastructure such as roads, utilities, and possibly drainage are already in place. This can significantly reduce the time and cost associated with starting construction.
  • Clear Title Documentation: A Deed of Assignment is a common and generally accepted form of title for land in many jurisdictions. It signifies the transfer of ownership rights from the seller to the buyer.

Description

• 1,492 square meters of bareland within a secure gated estate. • Ideal for residential development, offering ample space for a custom-built home. • Located in Ologolo, a developing area with growing infrastructure. • Title is a Registered Deed of Assignment, ensuring clear ownership. • Proximity to essential amenities and major transport routes. • Flat topography suitable for construction with good drainage. • Surrounded by other residential properties, indicating a stable neighborhood.

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TypeResidential LandResidential LandResidential Land
TitleDeed of AssignmentCertificate of OccupancyDeed of Assignment
AddressOlogoloApo/Kabusa express way.NORTHERN FORESHORE ESTATE CHEVRON
Property UseResidentialResidentialResidential
Square meters1,492 sqm10,000 sqm800 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully DevelopedPartially DevelopedCleared
Price₦ 600,000,000₦ 450,000,000₦ 550,000,000