Distress Sale: 1.5 Hectares Land in Lugbe

Distress Sale: 1.5 Hectares Land in Lugbe - 1
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Price Analysis Above Market

Based on 277 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Certificate of Occupancy, Deed of Conveyance, Right of Occupancy
Address
Cadastral, Lugbe, FCT
Listing by
Agent
Property Use
Mixed
Square meters
15,000 sqm
Type of Purchase
Outright Price

Distress Sale: 1.5 Hectares Land in Lugbe Highlights

  • Prime Lugbe Location: Lugbe is a rapidly developing district in the Federal Capital Territory (FCT), known for its accessibility and growing infrastructure. It offers a strategic position within Abuja, making it attractive for both residential and commercial purposes.
  • Generous 1.5 Hectares: This plot offers a substantial 15,000 square meters of space. Such a large area provides ample room for various development projects, from large residential estates to commercial complexes or mixed-use ventures.
  • Mixed-Use Development Potential: Mixed-use land is zoned for a combination of residential, commercial, and sometimes industrial activities. This flexibility allows for diverse development strategies, catering to a wider range of needs and maximizing land utility.
  • Secure Land Title: Possessing titles like a Certificate of Occupancy (C of O) or Deed of Conveyance signifies a legally recognized claim to the land. These documents are crucial for establishing ownership and facilitating any future transactions or development plans.
  • Outright Purchase Option: An outright purchase means you acquire the land fully and immediately, without the need for financing plans or installment payments. This offers clear ownership and control from the outset.

Description

• 1.5 hectares of land available in Lugbe, FCT. • Possesses a Right of Occupancy (R of O), Certificate of Occupancy (C of O), and Agis certification. • Located approximately 8 minutes' drive from the major highway. • Nearby landmarks include Amac Estate, Hamizak Montessori Academy, and Azriel Premier Hospital. • Suitable for mixed-use development. • Outright purchase with asking price of NGN 350,000,000.

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Distress Sale: 1.5 Hectares Land in LugbeThis item
Distress Sale: 1.5 Hectares Land in Lugbe
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TypeMixed-use LandMixed-use LandCommercial Land
TitleCertificate of Occupancy, Deed of Conveyance, Right of OccupancyCertificate of OccupancyDeed of Assignment
AddressCadastral, Lugbe, FCTAnthony village Ikeja LagosAki1onjo Road Close to Roundabout
Listing byAgent—Agent
Property UseMixedMixedCommercial
Square meters15,000 sqm900 sqm900 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 350,000,000₦ 400,000,000₦ 350,000,000