700sqm Land with Demolishable Building in Ogba GRA, Ikeja

700sqm Land with Demolishable Building in Ogba GRA, Ikeja - 1
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Price Analysis Above Market

Based on 488 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Address
Ogba gra
Access Road
Paved Road
Property Use
Residential
Square meters
700 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

700sqm Land with Demolishable Building in Ogba GRA, Ikeja Highlights

  • Prime Residential Location: This type of land is typically situated in established neighborhoods, offering a stable and desirable environment for homeowners. Proximity to essential services and amenities is a common characteristic.
  • Generous Plot Size: A 700sqm plot provides ample space for building a substantial family home, including potential for gardens, outdoor living areas, or even a secondary structure. This size allows for flexible design and comfortable living.
  • Ready for Development: The property is in a fully developed area, suggesting that necessary infrastructure like roads and utilities are likely accessible. This can significantly reduce the time and cost associated with starting construction.
  • Paved Road Access: Access via paved roads ensures ease of transportation for residents, deliveries, and construction vehicles. This also contributes to the overall accessibility and value of the property.
  • Potential for Renovation or Rebuild: The presence of a demolishable building indicates an opportunity to either renovate the existing structure or clear the land for a completely new construction project. This offers flexibility in how the property is utilized.

Description

• Residential plot measuring 700sqm located in a secured estate off Wemco Road, Ogba - Ikeja. • Features a demolishable building, offering a blank canvas for development. • Situated within the prestigious Ogba GRA, known for its established infrastructure. • Just a 3-minute drive to Adeniyi Jones, Ikeja, providing excellent connectivity. • Title status: Registered Conveyance, ensuring a clear ownership history. • Access via a paved road within the estate, ensuring smooth entry and exit. • Fully developed area with existing residential properties, indicating a stable neighborhood. • Outright purchase price for immediate acquisition.

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TypeResidential LandResidential LandCommercial Land
AddressOgba graJahi GilmoreAbule egba bustop popular axis in Lagos state
Access RoadPaved Road—Paved Road
Property UseResidentialResidentialCommercial
Square meters700 sqm1,300 sqm2,492 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully Developed—Fenced
Price₦ 720,000,000₦ 900,000,000₦ 510,000,000