Key details

Type

Residential Land

Title

Certificate of Occupancy

Address

SHIMEX ESTATE PYAKASSA LUGBE

Agent Fee

₦ 5

Facilities

Car Parking, Electric Supply, Water Supply

Listing by

Agent

Property Use

Residential

Square meters

600 sqm

Type of Purchase

Outright Price

Development Status

Fully Developed

Distress Sale: 600sqm Residential Land in Shimex Estate, Lugbe Highlights

• Established Residential Area — Properties in developed estates often benefit from existing infrastructure and a settled community. This can provide a stable environment for residents.
• Certificate of Occupancy — A Certificate of Occupancy (C of O) is a legal document that grants the holder the right to use and occupy a piece of land for a specified period. It is a key document for land ownership in Nigeria.
• Adequate Land Size — A 600 square meter plot offers a good amount of space for building a residential property. This size typically allows for a main house, outdoor space, and potentially a secondary structure.
• Essential Utilities Available — Properties in developed areas usually have access to essential utilities like electricity and water supply. This ensures basic living needs are met.
• Potential for Development — Land in a fully developed area with existing infrastructure is ready for construction. This can streamline the building process and reduce initial setup costs.

Description

• 624 sqm residential plot ideal for a fully detached 4 or 5-bedroom duplex. • Located in Shimex Estate, Pyakassa Road, Lugbe, Abuja, near Redeemer's Estate. • Offers instant allocation and potential for high returns on investment. • Estate features include a large green area and direct access. • Property is situated in a developing suburb with ongoing infrastructure improvements. • Proximity to essential amenities and transportation routes. • Title: Certificate of Occupancy. • Price: NGN 20,000,000 (Negotiable).

Compare

	This itemDistress Sale: 600sqm Residential Land in Shimex Estate, Lugbe	Maple Nexus Residential Land for Sale, Ibadan	300sqm Residential Plot for Sale, Ologogoro (Near Alakuko)
Type	Residential Land	Residential Land	Residential Land
Facilities	Car Parking, Electric Supply, Water Supply	—	Domestic Sewage, Electric Supply, Water Supply
Title	Certificate of Occupancy	Certificate of Occupancy	Deed of Assignment, Sale Agreement
Address	SHIMEX ESTATE PYAKASSA LUGBE	Behind Lead city University Ibadan	This land is in Ologogoro area,close to Alakuko.
Agent Fee	₦ 5	—	₦ 10
Listing by	Agent	Agent	Agent
Property Use	Residential	Mixed	Residential
Square meters	600 sqm	450 sqm	300 sqm
Type of Purchase	Outright Price	Outright Price	Outright Price
Development Status	Fully Developed	Fully Developed	Partially Developed
Price	₦ 20,000,000	₦ 22,000,000	₦ 15,000,000