Key details

Type

Residential Land

Title

Sale Agreement, Customary Ownership

Address

Off ijare road

Listing by

Owner

Access Road

Paved Road

Property Use

Commercial

Square meters

500 sqm

Type of Purchase

Outright Price

Development Status

Partially Developed

One Plot of Land in Akure - 500sqm Highlights

• Prime Location Potential — Residential land plots are often situated in developing areas, offering potential for future growth and value appreciation. Proximity to main roads can enhance accessibility and convenience.
• Flexible Property Use — While designated for residential use, some plots may also accommodate commercial activities depending on local zoning regulations. This offers versatility for future development.
• Established Ownership Titles — Common ownership titles for land in Nigeria include Sale Agreement and Customary Ownership. Understanding these titles is crucial for a secure transaction.
• Accessible Infrastructure — Properties with access to paved roads benefit from easier transportation and utility connections. This can significantly reduce development costs and time.
• Development Ready — Partially developed land may already have basic infrastructure or cleared areas, making it quicker and more cost-effective to begin construction.

Description

• 500 sqm residential plot, ideal for building a home. • Located off Ijare Road, Akure, with paved road access. • Property features existing fencing and foundation, indicating partial development. • Some sand and gravel materials remain on site. • Sale agreement and customary ownership titles are available. • Suitable for commercial use as per property use attribute. • Approximately 8-9 minutes drive to the main road block. • Seller stopped construction due to financial reasons.

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