300sqm Development Lease, Tejuosho Surulere

300sqm Development Lease, Tejuosho Surulere - 1
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Details

Type
Industrial Land
Listing by
Agent
Property Use
Commercial
Square meters
3,000 sqm

300sqm Development Lease, Tejuosho Surulere Highlights

  • Prime Commercial Location: Tejuoso, Surulere is a well-established commercial hub known for its high foot traffic and accessibility. This area offers excellent visibility and proximity to key business districts.
  • Generous Development Space: With 3000 square meters, this plot provides ample room for various commercial or industrial developments. It's suitable for constructing medium to large-scale facilities.
  • Versatile Property Use: This land is zoned for commercial and industrial purposes, offering flexibility for a wide range of businesses. It can accommodate retail, warehousing, or light manufacturing.
  • Established Infrastructure: Areas like Tejuoso typically benefit from existing infrastructure, including access to utilities like water and electricity. Proximity to major roads facilitates logistics.
  • High Business Activity Zone: Surulere is a densely populated area with a vibrant economy, ensuring a consistent customer base and potential for business growth. It's a strategic location for market penetration.

Description

• 300 sqm plot available for development lease. • Located on Adana Street, off Modele/Tejuosho Road, Surulere. • Suitable for a 3-storey development. • Lease period: 22 years. • Family premium: NGN 7 million+ for one floor. • Agency fee: NGN 6 million. • Joint venture development opportunity. • Property is a bungalow on the land.

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TypeIndustrial LandCommercial LandMixed-use Land
Listing byAgent—Agent
Property UseCommercial—Mixed
Square meters3,000 sqm2,000 sqm1,000 sqm
Price₦ 70,000,000₦ 60,000,000₦ 80,000,000