Key details

Type

Mixed-use Land

Title

Sale Agreement

Address

Elerungbe

Listing by

Agent

Property Use

Mixed

Square meters

600 sqm

Service Charge

true

Type of Purchase

Outright Price

Urgent Distress Sale: Land in Elerangbe, Ibeju-Lekki Highlights

• Mixed-Use Zoning Potential — Mixed-use land allows for a combination of residential, commercial, or industrial purposes. This flexibility can offer diverse investment or development opportunities.
• Strategic Location Considerations — The value and utility of land are heavily influenced by its proximity to essential services, transportation networks, and developing areas. Researching the surrounding neighborhood is key.
• Plot Size and Development — A 600 square meter plot provides a substantial area for various construction projects. The size influences the scale and type of development possible.
• Understanding Service Charges — Service charges typically cover the maintenance of common areas, security, and utilities within a development. Clarifying what these charges include is important for budgeting.
• Outright Purchase Agreements — An outright purchase means full ownership is transferred upon completion of the sale. This type of transaction is generally straightforward.

Description

• 600 sqm plot located in Elerangbe, Ibeju-Lekki, Lagos. • Land falls within a government residential scheme zone. • Buyers are responsible for title perfection with the government, including Allocation/C of O costs. • Outright purchase with sale agreement title. • Priority given to buyers ready for immediate payment. • Mixed-use land suitable for residential development.

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