Land for Sale in Karu - Rugan Madaki

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Details

Type
Mixed-use Land
Title
Right of Occupancy
Address
Rugan Madaki, Market
Access Road
Gravel Road
Property Use
Mixed
Square meters
400 sqm
Type of Purchase
Outright Price
Development Status
Undeveloped

Land for Sale in Karu - Rugan Madaki Highlights

  • Mixed-Use Zoning Potential: This type of land is often zoned for a combination of residential and commercial purposes. It offers flexibility for various development projects, catering to both living and business needs.
  • Right of Occupancy Title: A Right of Occupancy is a legal document granting the holder the right to occupy and use a piece of land for a specified period. It is a recognized form of land tenure.
  • Undeveloped Land Characteristics: Undeveloped land typically requires significant investment in infrastructure and construction. Buyers should factor in the costs associated with bringing utilities and building structures.
  • Gravel Road Access: Access via a gravel road means the route may be less maintained than paved roads, especially during adverse weather conditions. This can impact ease of transport for construction materials and residents.
  • Standard Plot Size: A plot of 400 square meters is a common size for residential or small commercial developments. It provides a reasonable footprint for building while remaining manageable.

Description

• 400 square meters of mixed-use land located in Rugan Madaki, Karu. • Situated directly by the roadside, offering excellent accessibility. • Behind City College of Education, Karu, in a developing area. • Title is Right of Occupancy (R of O). • Undeveloped plot, ideal for various commercial or residential projects. • Access road is currently a gravel road. • Outright purchase price available.

Compare

Land for Sale in Karu - Rugan MadakiThis item
Land for Sale in Karu - Rugan Madaki
₦ 9,000,000
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TypeMixed-use LandMixed-use LandMixed-use Land
TitleRight of OccupancyPower of AttorneyDeed of Conveyance
AddressRugan Madaki, MarketEleko town Ibeju LekkiARMY RANGE ENEKA
Access RoadGravel RoadPaved RoadPaved Road
Property UseMixedMixedMixed
Square meters400 sqm600 sqm465 sqm
Type of PurchaseOutright PriceOutright Priceper Plot
Development StatusUndevelopedPartially DevelopedPartially Developed
Price₦ 9,000,000₦ 8,000,000₦ 6,500,000

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