Prime Residential Land for Sale - 500SQM Kuje

Prime Residential Land for Sale - 500SQM Kuje - 1
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Price Analysis Great Deal

Based on 288 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Right of Occupancy
Address
Novavista Estate, Behind Woodhill Estate
Listing by
Owner
Property Use
Residential
Square meters
500 sqm
Type of Purchase
Outright Price

Prime Residential Land for Sale - 500SQM Kuje Highlights

  • Prime Location Potential: Residential land in established or developing estates offers access to existing infrastructure and community amenities. Proximity to other estates often indicates a well-planned neighbourhood with potential for future growth and appreciation.
  • Generous Plot Size: A 500 square meter plot provides ample space for constructing a comfortable family home, including potential for gardens, outdoor living areas, or future extensions. This size is suitable for various architectural designs.
  • Residential Zoning: Land designated for residential use ensures a community focused on housing, contributing to a stable and peaceful living environment. This zoning typically restricts commercial or industrial development.
  • Right of Occupancy Title: A Right of Occupancy (R of O) is a legal title granting the holder the right to occupy and use land for a specified period. It is a recognized form of land tenure in many jurisdictions.
  • Outright Purchase Option: Purchasing land outright means you acquire full ownership without the need for ongoing mortgage payments. This offers immediate control and flexibility for development plans.

Description

• 500 square meters residential plot, ideal for a 5-bedroom fully detached duplex. • Located in Novavista Estate, adjacent to Woodhill Estate and behind Madonna School in Kuje. • Situated in a rapidly developing and high-demand area, offering strong investment potential. • The property benefits from a prime location with proximity to essential amenities and infrastructure. • Title document is a Right of Occupancy (R of O), ensuring legal ownership. • Outright purchase option available for immediate acquisition. • Flat topography suitable for construction with good drainage. • Access to basic utilities expected in a developing estate.

Compare

Prime Residential Land for Sale - 500SQM KujeThis item
Prime Residential Land for Sale - 500SQM Kuje
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TypeResidential LandMixed-use LandCommercial Land
TitleRight of OccupancyDeed of Assignment, Sale AgreementDeed of Assignment, Deed of Conveyance, Governor's Consent, Sale Agreement
AddressNovavista Estate, Behind Woodhill EstateUroho 1 off Sapele Road bypassIbeju Lekki, Lagos Nigeria
Listing byOwnerAgentOwner
Property UseResidentialMixedCommercial
Square meters500 sqm464 sqm2,400 sqm
Type of PurchaseOutright PriceOutright Priceper Plot
Price₦ 7,500,000₦ 5,500,000₦ 9,000,000