1641sqm Land with Demolishable Bungalow in Okupe Estate, Maryland

1641sqm Land with Demolishable Bungalow in Okupe Estate, Maryland - 1
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Price Analysis Above Market

Based on 2130 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Address
OKUPE ESTATE
Access Road
Paved Road
Property Use
Residential
Square meters
1,641 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

1641sqm Land with Demolishable Bungalow in Okupe Estate, Maryland Highlights

  • Prime Residential Location: Located in a well-established residential estate, this area offers a desirable living environment. Proximity to amenities and infrastructure is a key advantage of such locations.
  • Generous Land Size: A plot of 1641 square meters provides ample space for various development possibilities. This size is suitable for building a substantial family home or for future expansion.
  • Existing Structure: The presence of a 3-bedroom bungalow offers immediate utility or a foundation for renovation. Buyers can choose to renovate the existing structure or demolish it for new construction.
  • Paved Access Road: Access via a paved road ensures ease of transportation and accessibility to the property. This is crucial for daily commutes and deliveries.
  • Fully Developed Area: Situated in a fully developed area, this plot likely benefits from established infrastructure and services. Such areas often have reliable utility connections.

Description

• Prime 1641 sqm residential land located in the highly sought-after Okupe Estate, Maryland, Lagos. • Features a 3-bedroom bungalow currently on the property, suitable for demolition to build a new structure. • Title is a registered conveyance, ensuring a clear legal standing for the property. • Offers significant potential for redevelopment in a well-established and desirable estate. • Paved road access within the estate ensures ease of movement and accessibility. • The property is situated in a fully developed area, indicating existing infrastructure and community. • Ideal for developers or individuals looking to build a custom home in a prime Lagos location.

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TypeResidential LandResidential LandResidential Land
AddressOKUPE ESTATEGuzapeKatampe
Access RoadPaved RoadPaved RoadPaved Road
Property UseResidentialResidentialResidential
Square meters1,641 sqm3,074 sqm3,745 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully Developed——
Price₦ 2,500,000,000₦ 2,500,000,000₦ 2,250,000,000