50x100ft Fenced Land with CofO, Ugbowo Lagos Road

50x100ft Fenced Land with CofO, Ugbowo Lagos Road - 1
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Price Analysis Good Price

Based on 2030 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy
Address
Evidence ishior ugbowo lagos road
Property Use
Mixed
Square meters
500 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

50x100ft Fenced Land with CofO, Ugbowo Lagos Road Highlights

  • Prime Location Access: Properties on Ugbowo Lagos Road often benefit from excellent connectivity to major transport routes and commercial centers. This area is known for its accessibility and proximity to essential services.
  • Secure Gated Community: Gated communities offer enhanced security and privacy for residents. This setup typically includes controlled access points and often perimeter fencing for added safety.
  • Certificate of Occupancy (CofO): A Certificate of Occupancy is a crucial legal document that grants the holder the right to use and occupy a piece of land. It signifies a clear title and is essential for property transactions and development.
  • Versatile Mixed-Use Potential: Mixed-use properties can accommodate both residential and commercial activities. This flexibility allows for diverse development opportunities, catering to various needs and income streams.
  • Established Infrastructure: Fully developed areas usually have access to essential utilities like electricity, water, and well-maintained road networks. This reduces the immediate need for extensive infrastructure development.

Description

• Distressed sale: 50ft x 100ft plot of land, reduced from NGN 16m to NGN 14.5m. • Property is fully fenced and gated, featuring two shops with existing tenants at the front. • Located in a good environment, approximately 5 minutes from the main Ugbowo Lagos Road, after Evidence. • Includes a Certificate of Occupancy (CofO) and all necessary documentation. • Suitable for mixed-use development, offering residential and commercial potential. • The land is a total of 500 square meters, with a fully developed status.

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TypeResidential LandMixed-use LandMixed-use Land
TitleCertificate of Occupancy—Certificate of Occupancy, Deed of Assignment
AddressEvidence ishior ugbowo lagos roadGolden estate, Imafon roadEkerin, Ologuneru.
Property UseMixedResidentialMixed
Square meters500 sqm600 sqm450 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully DevelopedPartially DevelopedFully Developed
Price₦ 14,500,000₦ 15,000,000₦ 15,000,000