250sqm Estate Land with R of O in Idu Industrial

250sqm Estate Land with R of O in Idu Industrial - 1
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Price Analysis Good Price

Based on 2043 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Right of Occupancy
Address
Affluent Court, Close to National Gallery of Art
Listing by
Owner
Property Use
Residential
Square meters
250 sqm
Type of Purchase
per Plot

250sqm Estate Land with R of O in Idu Industrial Highlights

  • Prime Location Potential: Residential land in established neighborhoods offers access to existing infrastructure and community amenities. Proximity to landmarks can indicate desirability and potential for future development.
  • Right of Occupancy (R of O): A Right of Occupancy is a legal document granting the holder the right to occupy and use a parcel of land for a specified period. It is a recognized form of land tenure in many regions.
  • Standard Plot Size: A 250 square meter plot is a common size for residential development, suitable for building a single-family home with some outdoor space. This size is often found in planned housing estates.
  • Residential Zoning: Land designated for residential use is intended for housing. This zoning typically ensures a quieter environment and access to services like water, electricity, and waste management.

Description

• 250 square meters residential plot, suitable for a 4-bedroom terrace duplex. • Located in a developing area with improving access roads. • Title document: Right of Occupancy (R of O). • Property use is designated for residential purposes. • Situated in Affluent Court, close to the National Gallery of Art. • Flat topography, ideal for construction. • Surrounded by ongoing developments, indicating future growth potential.

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TypeResidential LandResidential LandResidential Land
TitleRight of OccupancyCustomary Ownership, Deed of Assignment, Power of Attorney, Right of Occupancy, Sale AgreementSale Agreement, Power of Attorney, Deed of Assignment
AddressAffluent Court, Close to National Gallery of ArtBusy Corner hotelOluwadare Adenekan St off Abaren Road, Ofada, Mowe
Listing byOwnerAgentOwner
Property UseResidentialResidentialMixed
Square meters250 sqm600 sqm600 sqm
Type of Purchaseper PlotOutright PriceOutright Price
Price₦ 10,500,000₦ 10,000,000₦ 10,000,000