Key details

Type

Residential Land

Title

Deed of Assignment

Address

S.Lawal St,40 Acres,Oke-Igbodo,Adamo,Ikorodu

Listing by

Agent

Property Use

Residential

Square meters

648 sqm

Type of Purchase

Outright Price

Development Status

Partially Developed

Distress Sale: 10 Mini Flats Foundation on Full Plot, Ikorodu Highlights

• Residential Land — This is a plot of land designated for building residential properties. It offers the opportunity to construct a home or multiple dwelling units.
• Deed of Assignment Title — A Deed of Assignment is a legal document that transfers ownership of property from one party to another. It is a common form of title in many real estate transactions.
• Generous Plot Size — The plot measures 648 square meters, providing ample space for construction and potential outdoor amenities. This size can accommodate various building plans.
• Partially Developed Area — The land is situated in an area that has seen some development. This may indicate the presence of existing infrastructure or nearby amenities.
• Outright Purchase Option — This property is available for purchase at a fixed price, meaning the full amount is paid upfront. This simplifies the transaction process.

Description

• Property comprises 10 mini flats at foundation level on a full plot measuring 60x120 feet (648 sqm). • Located on S. Lawal Street, 40 Acres, Oke-Igbodo, Adamo Bus Stop, Ikorodu, Lagos State. • Situated in a fast-developing area with graded roads. • Documents available include Family Receipt and Deed of Assignment. • Distress sale price: ₦8,500,000 (Original asking price: ₦10,000,000). • Ideal investment opportunity in a growing residential zone.

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