Key details

Type

Residential Land

Address

Owerri

Property Use

Residential

Square meters

1,500 sqm

Type of Purchase

Outright Price

Distress Sale: 2.5 Plots & 2 Plots Land Behind Bishop Court, Owerri Highlights

• Prime Location — Residential land in Owerri offers access to urban amenities and infrastructure. Proximity to Bishop Court suggests a well-established neighborhood.
• Generous Plot Size — A total of 4.5 plots provides substantial space. This allows for flexible development options, from a single large residence to multiple units.
• Residential Zoning — Designated for residential use, this land is suitable for building homes. Zoning regulations typically ensure a neighborhood character.
• Outright Purchase — This property is available for an outright purchase, meaning full ownership is transferred upon completion of the sale.
• Development Potential — The size and type of land suggest potential for various residential constructions. Buyers should verify local building codes and permits.

Description

• Two separate land parcels offered at a reduced price due to distress sale. • Parcel 1: 2.5 plots of land, suitable for residential development. • Parcel 2: 2 plots of land, also ideal for building a home. • Both parcels are located behind Bishop Court, near Imo State University, Owerri. • Existing dwarf fence present on the properties. • Situated in a Federal Light Zone, indicating reliable power supply potential. • Ready for immediate purchase and construction ('buy and build'). • Parcel 1 priced at NGN 30 million; Parcel 2 priced at NGN 27 million.

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