Key details

Type

Mixed-use Land

Title

Deed of Assignment

Address

40Arces oke-igbodo Adamo Bustop. After agric.

Facilities

Electric Supply, Rain Water Drainge

Listing by

Agent

Access Road

Paved Road

Property Use

Mixed

Square meters

648 sqm

Type of Purchase

Outright Price

Development Status

Fully Developed

10 Mini Flats Foundation on 648sqm Plot - Distress Sale Highlights

• Mixed-Use Zoning Potential — Mixed-use land offers flexibility for various development types, combining residential, commercial, or industrial purposes. This can lead to diverse income streams and community benefits.
• Established Infrastructure Access — Properties with access to paved roads and existing electric supply indicate a level of development and connectivity. This facilitates easier transportation and utility integration.
• Drainage Systems — Rainwater drainage systems are crucial for managing water runoff, preventing flooding, and maintaining the structural integrity of the land and any future developments.
• Ready for Development — Fully developed land signifies that significant groundwork, such as clearing or grading, has already been completed. This can reduce the time and cost associated with starting construction.
• Outright Purchase Option — An outright purchase typically means full ownership is transferred upon payment, without ongoing installments or financing complexities. This provides immediate control over the property.

Description

• 10 units of mini flats foundation laid on a full plot measuring 60x120 feet (approximately 648 square meters). • Located in a fast-developing area with graded roads at 40Arces Oke-Igbodo, Adamo Bustop, after Agric. • The land is situated in a developed area with existing infrastructure. • Property is being sold as a distress sale, indicating a potential for negotiation. • Documents available include Family Receipt and Deed of Assignment, confirming ownership. • Suitable for investors looking for a project in a growing locality. • Utilities like electric supply and rain water drainage are present in the vicinity.

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