2400sqm Land for Sale on Orchid Road, Lekki Phase 1

2400sqm Land for Sale on Orchid Road, Lekki Phase 1 - 1
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Price Analysis Above Market

Based on 1523 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Governor's Consent
Address
orchid
Property Use
Residential
Square meters
2,400 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

2400sqm Land for Sale on Orchid Road, Lekki Phase 1 Highlights

  • Prime Residential Location: Residential land is typically situated in areas zoned for housing, offering a stable and desirable neighbourhood for homeowners. These locations often provide access to essential services and amenities.
  • Generous Land Size: A 2400 sqm plot offers substantial space for building a large family home, multiple units, or extensive landscaping. This size allows for privacy and ample room for future expansion or amenities.
  • Established Development Area: Land in a fully developed area usually means access to existing infrastructure like roads, water, and electricity. This can significantly reduce the cost and time required for construction.
  • Secure Land Title: A Governor's Consent is a recognized legal document that signifies government approval for land transactions. It provides a level of security and legitimacy for the property owner.
  • Ideal for Building a Home: Residential land is specifically designated for constructing dwelling places. Buyers can plan and build a home that meets their specific needs and preferences.

Description

• Prime 2400sqm plot situated directly on Orchid Road, a highly sought-after commercial and residential corridor. • Ideal for mixed-use development, offering significant frontage and visibility. • Located within Lekki Phase 1, a well-established and affluent area with robust infrastructure. • Proximity to major business districts, shopping centers, and residential estates. • Access to essential utilities including electricity and water supply. • Title is Governor's Consent, ensuring a clear and secure land ownership document. • Flat topography facilitates ease of construction and development.

Compare

2400sqm Land for Sale on Orchid Road, Lekki Phase 1This item
2400sqm Land for Sale on Orchid Road, Lekki Phase 1
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TypeResidential LandMixed-use LandResidential Land
TitleGovernor's ConsentDeed of ConveyanceDeed of Conveyance, Deed of Assignment, Sale Agreement
AddressorchidIdi-shin, IbadanOff Coker road
Property UseResidentialMixedResidential
Square meters2,400 sqm5,000 sqm825 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully Developed——
Price₦ 800,000,000₦ 600,000,000₦ 830,000,000