Land for Sale in Magodo Phase 1, Lagos - 400sqm Corner Piece with CofO

Land for Sale in Magodo Phase 1, Lagos - 400sqm Corner Piece with CofO - 1
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Price Analysis Above Market

Based on 1961 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Sale Agreement
Address
Location: Western Area, Magodo Isheri. phase
Agent Fee
₦ 10
Facilities
Car Parking
Listing by
Agent
Property Use
Mixed
Square meters
400 sqm
Type of Purchase
Outright Price

Land for Sale in Magodo Phase 1, Lagos - 400sqm Corner Piece with CofO Highlights

  • Prime Location in Western Area: Properties in Western Area, Magodo Isheri, Phase often benefit from established infrastructure and proximity to key amenities. This area is known for its developing residential and commercial landscape.
  • Versatile Mixed-Use Land: Mixed-use land offers flexibility for various development types, including residential, commercial, or a combination of both. This can provide diverse income potential or adaptable living spaces.
  • Generous 400 Square Meters: A plot of 400 square meters provides ample space for construction, landscaping, and potential future expansion. It allows for a variety of building designs and outdoor amenities.
  • Secure Outright Purchase: An outright purchase signifies full ownership of the land, providing long-term security and the freedom to develop or use the property as desired without leasehold restrictions.
  • Potential for Car Parking: The inclusion of car parking facilities, whether designated or planned, is crucial for convenience in urban and developing areas. It enhances the usability and value of the property.

Description

• Located in Magodo Phase 1, Lagos, this 400+ sqm plot is situated on a desirable corner piece facing two streets. • Features a demolishable structure, offering a blank canvas for development. • Title is a Certificate of Occupancy (CofO), providing clear ownership. • Situated in the Western Area of Magodo Isheri, a well-established residential zone. • The land is zoned for mixed-use, allowing for diverse development possibilities. • Approximately 400 square meters in size, offering substantial space. • Outright purchase option available for immediate acquisition.

Compare

Land for Sale in Magodo Phase 1, Lagos - 400sqm Corner Piece with CofOThis item
Land for Sale in Magodo Phase 1, Lagos - 400sqm Corner Piece with CofO
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TypeMixed-use LandCommercial LandResidential Land
FacilitiesCar ParkingCar Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water SupplyCar Parking, Domestic Sewage, Electric Supply, Rain Water Drainge, Water Supply
TitleSale AgreementCertificate of OccupancyRight of Occupancy, Sale Agreement, Deed of Assignment
AddressLocation: Western Area, Magodo Isheri. phaseNkalaguefab estate gwarimpa extension karsana
Agent Fee₦ 10——
Listing byAgent——
Property UseMixedCommercialResidential
Square meters400 sqm44,500 sqm1,500 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 390,000,000₦ 356,000,000₦ 280,000,000