Key details

Type

Commercial Land

Title

Sale Agreement, Customary Ownership

Address

ogun state ifo bank bus stop

Listing by

Owner

Access Road

Gravel Road

Property Use

Residential

Square meters

3,713 sqm

Type of Purchase

Outright Price

Development Status

Fully Developed

2 Bedroom Uncompleted Building on 40x100ft Land Highlights

• Prime Location Potential — Properties in Ogun State, particularly in areas like Ifo, often benefit from proximity to developing commercial hubs and transportation networks. This can lead to increased property value over time.
• Residential Zoning — This plot is zoned for residential use, making it suitable for building a home or multiple dwelling units. Such zoning typically ensures a quieter neighbourhood environment.
• Generous Land Size — A land size of 3713 square meters offers ample space for construction, landscaping, and potential future expansion. This allows for diverse development possibilities.
• Gravel Road Access — Access via a gravel road is common in developing areas. While functional, it may require occasional maintenance and can be less smooth than paved roads, especially during wet seasons.
• Outright Purchase Option — The 'Outright Price' purchase type means full ownership is transferred upon payment, simplifying the transaction process and avoiding ongoing mortgage obligations.

Description

• Uncompleted 2-bedroom building situated on a 40x100ft plot. • Located in Ogun State, Ifo, near Bank Bus Stop. • The area is described as open and well-developed. • Property is designated for residential use. • Ownership includes Sale Agreement and Customary Ownership documentation. • Access to the property is via a gravel road. • The land measures approximately 3713 square meters. • Offered for outright purchase.

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