Distress Sale: 1.25 Plots Land (Corner Plot) with 2-Bed Boys Quarters, Owerri

Distress Sale: 1.25 Plots Land (Corner Plot) with 2-Bed Boys Quarters, Owerri - 1
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Price Analysis Good Price

Based on 1059 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Power of Attorney
Address
Reserve B area of world bank housing estate Owerri
Listing by
Agent
Access Road
Paved Road
Property Use
Residential
Square meters
1,500 sqm
Development Status
Partially Developed

Distress Sale: 1.25 Plots Land (Corner Plot) with 2-Bed Boys Quarters, Owerri Highlights

  • Prime Corner Plot Location: Corner plots often offer enhanced visibility and accessibility, potentially allowing for multiple points of entry or a more flexible building design. They can also provide a greater sense of openness.
  • Generous Land Size: A plot of 1500 square meters provides ample space for a substantial residential building, including potential for gardens, outdoor living areas, or future expansion. This size is suitable for larger homes or multi-unit developments.
  • Residential Zoning Potential: Properties zoned for residential use are designated for housing. This typically means you can build a home or multiple dwellings, subject to local planning regulations and building codes.
  • Established Neighborhood Access: Properties within established housing estates often benefit from existing infrastructure and a developed community. Access to paved roads ensures easier transportation and connectivity.
  • Partially Developed Land Considerations: Partially developed land may already have some infrastructure in place, such as cleared areas or basic foundations. Buyers should assess existing development to understand potential costs and timelines for completion.

Description

• Approximately 1500 sqm of land, ideal for residential development. • Corner plot location offers enhanced accessibility and visibility. • Includes a functional two-bedroom boys' quarters, suitable for staff or rental income. • Situated in the established Reserve B area of World Bank Housing Estate, Owerri. • Paved access road ensures easy movement to and from the property. • Property is partially developed, offering a solid foundation for future construction. • Title is Power of Attorney, a common form of land ownership documentation in Nigeria. • Video tour available upon request via WhatsApp.

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TypeResidential LandResidential LandResidential Land
TitlePower of AttorneyCertificate of Occupancy, Deed of Assignment, Deed of Conveyance, Sale AgreementDeed of Assignment
AddressReserve B area of world bank housing estate Owerri4,orikemi str poro agbaje estate cele bus stop ikdOne pole from Okapanam City gate Asaba delta state
Listing byAgentAgentOwner
Access RoadPaved RoadGravel RoadPaved Road
Property UseResidentialResidentialMixed
Square meters1,500 sqm66,890 sqm872 sqm
Development StatusPartially DevelopedClearedPartially Developed
Price₦ 27,000,000₦ 32,000,000₦ 30,000,000