Key details

Type

Mixed-use Land

Title

Deed of Assignment, Sale Agreement

Address

IBA OLOJA back of palace

Agent Fee

₦ 50,000,000

Facilities

Car Parking, Electric Supply, Water Supply

Listing by

Agent

Access Road

Gravel Road

Property Use

Mixed

Square meters

192,000 sqm

Type of Purchase

Outright Price

Development Status

Partially Developed

Description

• Approximately 45 acres of land available for sale in Igando-Oloja. • The asking price is ₦4,000,000 per plot, with an estimated market value of ₦15,000,000 per plot, representing a significant value gap. • At an average of 6 plots per acre, this parcel could yield approximately 270 plots, with a total asking price of around ₦1.08 Billion. • The seller is motivated by an urgent need for liquid capital for another business venture. • Land is zoned for mixed-use development. • Title documents include Deed of Assignment and Sale Agreement. • Access is via a gravel road. • Utilities such as electric supply and water supply are available.

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