400sqm Residential Land for Sale in Lugbe

400sqm Residential Land for Sale in Lugbe - 1
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Price Analysis Good Price

Based on 1986 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Right of Occupancy
Address
Conqueror's Niche 2, Close to Mshel Estate, Lugbe
Listing by
Owner
Property Use
Residential
Square meters
400 sqm
Type of Purchase
per Plot

400sqm Residential Land for Sale in Lugbe Highlights

  • Prime Residential Location: This property is situated in a developing residential area, offering potential for future growth and community establishment. Proximity to established estates suggests access to existing infrastructure and services.
  • Standard Plot Size: A 400sqm plot is a common size for residential development, providing sufficient space for a modest home, garden, and potentially outdoor amenities. This size is practical for many family needs.
  • Residential Zoning: Designed for residential use, this land is suitable for building a private home. Zoning regulations typically dictate the type and density of construction allowed.
  • Title Deed Security: A Right of Occupancy title provides legal rights to occupy and use the land for a specified period. It is a recognized form of land tenure in many regions.
  • Infrastructure Access: Properties in developing estates often have planned access to essential utilities like water and electricity. Buyers should verify the availability and connection status of these services.

Description

• 400 square meters of residential land in Conqueror's Niche 2, Lugbe. • Located in a strategic area, adjacent to Mshel Contemporary Estate and surrounded by other developments. • Title: Right of Occupancy (R of O). • Proposed building plan is a 4-bedroom fully detached duplex. • Flat topography suitable for construction. • Access to basic utilities is developing in the area. • Close proximity to essential amenities and transport links. • Ideal for building a family home in a growing estate.

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400sqm Residential Land for Sale in LugbeThis item
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TypeResidential LandResidential LandResidential Land
TitleRight of OccupancyCertificate of OccupancyDeed of Conveyance
AddressConqueror's Niche 2, Close to Mshel Estate, LugbeEvidence ishior ugbowo lagos roadLand at off igbokuta rd gberigbe ikorodu lagos
Listing byOwner—Owner
Property UseResidentialMixedResidential
Square meters400 sqm500 sqm600 sqm
Type of Purchaseper PlotOutright Priceper Plot
Price₦ 15,000,000₦ 14,500,000₦ 12,000,000