Land for Sale in Magodo Phase 1 GRA, Lagos Highlights
Prime Location — Residential land in a sought-after area offers potential for a desirable living environment. Proximity to amenities and infrastructure is a key consideration for property value.
Accessible Road Network — Properties with access to paved roads generally ensure easier transportation and connectivity. This can also indicate a more developed neighborhood.
Residential Zoning — Land designated for residential use is intended for building homes. This zoning typically restricts commercial or industrial development.
Manageable Plot Size — A plot of 360 square meters is a common size for building a single-family home. It offers sufficient space for a house and some outdoor area.
Outright Purchase Option — An outright purchase means acquiring full ownership of the land without ongoing financial obligations like rent or lease payments.
Description
• 360 sqm residential plot in a serene and secured estate.
• Features a vacant land with a demolishable bungalow, offering potential for redevelopment.
• Located in the prestigious Magodo Phase 1 GRA, known for its security and infrastructure.
• Title: Certificate of Occupancy (CofO), ensuring legal ownership.
• Paved access road provides convenient entry to the property.
• Ideal for investors seeking to build a residential property in a prime Lagos location.