8 Acres Land with 40-50 Bungalows - Igbesa/Agbara

8 Acres Land with 40-50 Bungalows - Igbesa/Agbara - 1
1 / 5

Price Analysis Above Market

Based on 1050 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Certificate of Occupancy, Deed of Assignment, Power of Attorney
Address
LATK LUSADA AGBARA IGBESA ROAD
Agent Fee
₦ 5
Facilities
Car Parking, Domestic Sewage, Electric Supply, Rain Water Drainge, Water Supply
Listing by
Agent
Access Road
Paved Road
Property Use
Mixed
Square meters
28,000 sqm
Type of Purchase
Outright Price
Development Status
Partially Developed

8 Acres Land with 40-50 Bungalows - Igbesa/Agbara Highlights

  • Prime Location Access: Properties on major roads like Agbara Igbesa Road offer excellent accessibility for both commercial and residential purposes. This ensures ease of transportation for goods, services, and residents.
  • Versatile Mixed-Use Potential: Mixed-use land allows for a combination of residential and commercial developments. This flexibility can maximize land value and cater to diverse community needs.
  • Established Land Documentation: Key documents like Certificate of Occupancy and Deed of Assignment provide legal certainty for land ownership. Power of Attorney can facilitate smoother transactions and management.
  • Essential Utilities Available: Access to water supply, electric supply, and domestic sewage systems are crucial for development. These utilities support comfortable living and operational business needs.
  • Infrastructure Ready: The presence of paved access roads and provision for rainwater drainage indicates a level of infrastructure development. This reduces initial setup costs for new projects.
  • Ample Space for Development: A significant land area of 28,000 square meters provides substantial room for various development projects. This scale is suitable for large-scale commercial ventures or extensive residential estates.

Description

• Prime mixed-use property on approximately 8 acres along Igbesa–Agbara Road, Ota, Ogun State. • Features an existing development of 40–50 units of 2-bedroom bungalows. • Ideal for residential estate, industrial, commercial, or warehousing projects. • Situated off the Lagos–Badagry Expressway, offering strategic accessibility. • Title: State Certificate of Occupancy (C of O). • Tenure: 99 years, with 62 years unexpired. • Property is partially developed, offering a foundation for further expansion. • Access via a paved road, with essential facilities like water supply and electric supply available.

Compare

8 Acres Land with 40-50 Bungalows - Igbesa/AgbaraThis item
8 Acres Land with 40-50 Bungalows - Igbesa/Agbara
₦ 1,200,000,000
Land for Redevelopment in Garki II, 711sqm
Land for Redevelopment in Garki II, 711sqm
₦ 1,000,000,000
1981sqm Residential Land in Guzape
1981sqm Residential Land in Guzape
₦ 1,000,000,000
TypeMixed-use LandResidential LandResidential Land
FacilitiesCar Parking, Domestic Sewage, Electric Supply, Rain Water Drainge, Water SupplyCar Parking, Domestic Sewage, Electric Supply, Rain Water Drainge, Water Supply—
TitleCertificate of Occupancy, Deed of Assignment, Power of AttorneyCertificate of Occupancy—
AddressLATK LUSADA AGBARA IGBESA ROADGarki II. Close to Garki Model Market & CBN QtrsGuzape
Agent Fee₦ 5——
Listing byAgentAgent—
Access RoadPaved RoadPaved RoadPaved Road
Property UseMixedResidentialResidential
Square meters28,000 sqm711 sqm1,981 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusPartially DevelopedFenced—
Price₦ 1,200,000,000₦ 1,000,000,000₦ 1,000,000,000

Similar Ads