Distress Sale: 50x100 Plot at Uroho 1, Off Sapele Road Bypass

Distress Sale: 50x100 Plot at Uroho 1, Off Sapele Road Bypass - 1
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Price Analysis Great Deal

Based on 243 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Deed of Assignment, Sale Agreement
Address
Uroho 1 off Sapele Road bypass
Agent Fee
₦ 300,000
Listing by
Agent
Property Use
Mixed
Square meters
464 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

Distress Sale: 50x100 Plot at Uroho 1, Off Sapele Road Bypass Highlights

  • Strategic Location: Properties located off major bypasses often benefit from good accessibility and potential for commercial development. This area is typically well-connected to key transport routes.
  • Mixed-Use Zoning Potential: Mixed-use land allows for a combination of residential, commercial, or industrial purposes. This offers flexibility for future development and diverse income streams.
  • Developed Area Advantages: Fully developed areas usually have established infrastructure, including access to utilities like water and electricity. This can reduce initial development costs and timelines.
  • Title Documentation: Deed of Assignment and Sale Agreement are common legal documents for property transactions. They serve to transfer ownership rights and outline the terms of the sale.
  • Plot Size Considerations: A plot of 464 square meters provides a substantial area for various construction projects. This size is suitable for both residential and commercial ventures.

Description

• 50x100 feet (approximately 464 sqm) plot of land available for sale. • Located in Uroho 1, directly off the Sapele Road Bypass in Benin City. • Ideal for mixed-use development, offering flexibility for residential or commercial purposes. • Property comes with a Deed of Assignment and Sale Agreement, ensuring clear title. • Situated in a fully developed area with existing infrastructure. • Accessible via a well-maintained road. • Agent fee of NGN 300,000 applies.

Compare

Distress Sale: 50x100 Plot at Uroho 1, Off Sapele Road BypassThis item
Distress Sale: 50x100 Plot at Uroho 1, Off Sapele Road Bypass
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TypeMixed-use LandResidential LandCommercial Land
TitleDeed of Assignment, Sale AgreementSale AgreementCustomary Ownership, Power of Attorney
AddressUroho 1 off Sapele Road bypassApapa Moniya IbadanOpposite Alajue Grammar Sch behind osun airport
Agent Fee₦ 300,000₦ 500,000—
Listing byAgentAgent—
Property UseMixedResidentialCommercial
Square meters464 sqm300 sqm1,233 sqm
Type of PurchaseOutright PriceOutright Priceper SqF
Development StatusFully DevelopedPartially Developed—
Price₦ 5,500,000₦ 5,000,000₦ 4,000,000