Key details

Type

Commercial Land

Title

Deed of Assignment

Address

Monatan Junction, Iwo Road

Listing by

Agent

Property Use

Commercial

Square meters

500 sqm

Type of Purchase

Outright Price

Commercial Plot for Sale, Iwo Road, Ibadan Highlights

• Prime Commercial Location — Properties situated on major roads like Iwo Road often benefit from high visibility and accessibility. This location is typically well-connected to other parts of the city, facilitating business operations and customer reach.
• Versatile Commercial Use — Commercial land is zoned for a variety of business activities. This can include retail stores, offices, service centers, or other enterprises that require a public-facing presence.
• Deed of Assignment Title — A Deed of Assignment is a legal document that transfers ownership rights of a property. It is a common and recognized form of title in many property transactions.
• Adequate Plot Size — A 500 square meter plot offers a substantial area for development. This size can accommodate a range of commercial building designs, allowing for efficient use of space.
• Outright Purchase Option — Purchasing outright means acquiring full ownership of the property at the time of sale. This offers clear title and freedom for immediate development or use without ongoing financial obligations.

Description

• Standard plot of land measuring approximately 500 sqm, located just a minute's drive from the expressway. • Ideal for various commercial ventures including gas plants, shopping complexes, factories, schools, warehouses, restaurants, hotels, and lounges. • Also suitable for commercial residential development. • Situated at Monatan Junction, Iwo Road, Ibadan, a prime commercial hub. • Documents include a Registered Survey Plan and Agreement. • Asking price is NGN 25,000,000, negotiable.

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