Buy and Build Residential Land in Katampe Main

Buy and Build Residential Land in Katampe Main - 1
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Price Analysis Above Market

Based on 78 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy
Address
Katampe Main
Access Road
Gravel Road
Property Use
Mixed
Square meters
600 sqm
Type of Purchase
Outright Price
Development Status
Fenced

Buy and Build Residential Land in Katampe Main Highlights

  • Prime Katampe Main Location: Katampe Main is a well-established and sought-after district, known for its accessibility and proximity to key areas. It offers a blend of residential and commercial opportunities.
  • Generous 600 sqm Plot Size: A 600 square meter plot provides ample space for building a substantial home or a combination of residential units. This size is ideal for creating spacious living environments and outdoor areas.
  • Certificate of Occupancy Title: A Certificate of Occupancy (C of O) is a crucial land title document in Nigeria. It signifies legal ownership and allows for development and financing.
  • Mixed-Use Property Potential: The 'Mixed' property use designation allows for flexibility in development. This could include residential homes, commercial spaces, or a combination of both, depending on zoning regulations.
  • Fenced Perimeter for Security: A fenced plot offers an immediate layer of security and privacy. It helps define property boundaries and can deter unauthorized access.
  • Gravel Access Road: The property is accessible via a gravel road. While functional, future development may involve upgrading this access for smoother transit, especially for larger vehicles.

Description

• 600 sqm residential plot in Katampe Main, a prime area within the B07 cadastral district. • Ideal for a buy-and-build project, offering a significant footprint for development. • Title status: Certificate of Occupancy (C of O), ensuring clear ownership. • Property is fenced, providing initial security and boundary definition. • Access is via a gravel road, common in developing but established areas. • Zoned for mixed-use, but primarily suitable for residential development given the environment. • Located in an elite environment known for its prestige and development potential.

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TypeResidential LandResidential LandMixed-use Land
TitleCertificate of OccupancyCertificate of OccupancyDeed of Assignment
AddressKatampe MainVGC, LekkiIshefun Ayobo
Access RoadGravel RoadPaved RoadPaved Road
Property UseMixedResidentialMixed
Square meters600 sqm600 sqm1,920 sqm
Type of PurchaseOutright Priceper PlotOutright Price
Development StatusFencedFully DevelopedFully Developed
Price₦ 360,000,000₦ 390,000,000₦ 320,000,000