4200sqm (7 Plots) Joint Venture Land, Greenwood Estate, Sangotedo

4200sqm (7 Plots) Joint Venture Land, Greenwood Estate, Sangotedo - 1
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Price Analysis Above Market

Based on 1294 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy, Governor's Consent
Address
Greenwood Estate Sangotedo lagos
Agent Fee
₦ 10
Facilities
Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
Listing by
Agent
Access Road
Paved Road
Property Use
Residential
Square meters
4,200 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

4200sqm (7 Plots) Joint Venture Land, Greenwood Estate, Sangotedo Highlights

  • Prime Sangotedo Location: Sangotedo is a rapidly developing area in Lagos, known for its accessibility and growing infrastructure. It offers a balance of residential tranquility and proximity to commercial hubs.
  • Generous Land Size: A substantial plot of 4200sqm provides ample space for various development possibilities. This size is ideal for building multiple units or a large single-family estate.
  • Established Utilities: Properties in developed estates typically benefit from reliable access to essential utilities. This includes consistent water supply, electricity, and sewage systems.
  • Secure Estate Living: Living in a gated estate like Greenwood often means enhanced security measures. This can include controlled access, perimeter fencing, and on-site security personnel.
  • Ready for Development: A fully developed estate signifies that infrastructure such as paved access roads and basic services are already in place. This allows for a smoother and quicker construction process.
  • Clear Land Title: A Certificate of Occupancy or Governor's Consent signifies a legally recognized and transferable title to the land. This provides security and ease for future transactions.

Description

• 4200 sqm (7 plots) of land available for joint venture development in Greenwood Estate, Sangotedo, Lagos. • Located just 2 minutes' walk from the expressway, offering excellent accessibility. • Proposal for terraces is open to discussion, with a strictly non-negotiable 50:50 sharing formula. • Land title is Governor's Consent, with a current land value of ₦700 million. • Facilitator's fee is 10% of the land value, payable upon agreement. • Procedure requires a Letter of Intent, Company Profile, and Facilitator’s Fee Letter. • This is a residential land zoned for development.

Compare

4200sqm (7 Plots) Joint Venture Land, Greenwood Estate, SangotedoThis item
4200sqm (7 Plots) Joint Venture Land, Greenwood Estate, Sangotedo
₦ 700,000,000
1,320.067sqm Land for Sale in Iyana Ipaja
1,320.067sqm Land for Sale in Iyana Ipaja
₦ 500,000,000
1100sqm Residential Land with C of O in Katampe Main
1100sqm Residential Land with C of O in Katampe Main
₦ 700,000,000
TypeResidential LandMixed-use LandResidential Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply——
TitleCertificate of Occupancy, Governor's ConsentSale Agreement—
AddressGreenwood Estate Sangotedo lagosNo 233, Lagos-Abeokuta Expressway, Iyana-IpajaKatampe main Abuja
Agent Fee₦ 10——
Listing byAgent——
Access RoadPaved Road——
Property UseResidentialMixedResidential
Square meters4,200 sqm1,320 sqm1,100 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully Developed——
Price₦ 700,000,000₦ 500,000,000₦ 700,000,000

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