Key details

Type

Commercial Land

Title

Power of Attorney

Address

Osongoma

Agent Fee

₦ 5

Listing by

Agent

Property Use

Residential

Square meters

1,500 sqm

Type of Purchase

Outright Price

Development Status

Fully Developed

Distress Sale: Investment Property with 13 Units in Osongama Estate Highlights

• Prime Location Potential — Commercial land offers strategic advantages for businesses. Its location can significantly impact accessibility for customers and visibility for the enterprise.
• Development Ready — Fully developed land implies that essential infrastructure like roads, utilities, and possibly basic landscaping are already in place. This can significantly reduce initial setup time and costs for construction.
• Generous Plot Size — A 1500 square meter plot provides ample space for various commercial or residential developments. This size allows for flexibility in design and expansion possibilities.
• Outright Purchase Option — Purchasing land outright means you own the property fully and immediately, without ongoing mortgage payments. This offers complete control and freedom for development or investment.

Description

• Investment property in Osongama Estate, Uyo, featuring 10 one-bedroom flats, 1 two-bedroom flat, and 2 self-contained apartments. • Includes a security post and a mini sit-out area. • Benefits from Band A electricity supply. • Located in a desirable area with a projected annual return on investment of ₦20 million. • Property is fully developed on 1500 square meters. • Title documents are available.

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