Key details

Type

Residential Land

Title

Deed of Assignment, Sale Agreement

Address

Alakuko Lagos

Agent Fee

₦ 10

Facilities

Car Parking, Electric Supply

Listing by

Agent

Access Road

Paved Road

Property Use

Residential

Square meters

438 sqm

Type of Purchase

Outright Price

Development Status

Fully Developed

N38m Land for Sale in Alakuko, Lagos Highlights

• Prime Lagos Location — Alakuko is a well-established area in Lagos, offering proximity to essential services and transportation networks. Properties here are often sought after for their accessibility and potential for growth.
• Residential Zoning — This land is designated for residential use, making it suitable for building a home or a small residential development. Such plots are key to urban housing solutions.
• Paved Road Access — Access via paved roads ensures ease of movement for vehicles and residents. This is a crucial factor for convenience and property value in urban settings.
• Utility Infrastructure — The presence of established utility infrastructure, such as electric supply, is vital for modern living. It supports daily activities and enhances the comfort of a residence.
• Developed Neighbourhood — A fully developed area suggests existing infrastructure and a community setting. This often means access to amenities and a more established neighbourhood feel.
• Secure Title Documentation — Commonly, land transactions in Lagos involve titles like Deed of Assignment and Sale Agreement, which are important for legal ownership and security of tenure.

Description

• Full plot of residential land measuring 438 sqm. • Located in an elite environment off Ademola Abiola Way, Alakuko, Lagos. • Property features include car parking and electric supply access. • Paved access road leading to the property. • Title documents include Deed of Assignment and Sale Agreement. • Outright purchase price of NGN 38,000,000. • Agent fee of 10% applies. • Fully developed area suitable for residential building.

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