Residential Land, 900sqm, Lekki Phase 1

Residential Land, 900sqm, Lekki Phase 1 - 1
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Price Analysis Above Market

Based on 1918 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Deed of Assignment, Governor's Consent
Address
Off Oladimeji Alo lekki phase 1
Listing by
Agent
Access Road
Paved Road
Property Use
Residential
Square meters
900 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

Residential Land, 900sqm, Lekki Phase 1 Highlights

  • Prime Lekki Phase 1 Location: Lekki Phase 1 is a highly sought-after residential and commercial hub in Lagos, known for its modern infrastructure and proximity to key business districts. Properties here often benefit from good accessibility and a well-established neighbourhood.
  • Generous Plot Size: A 900 square meter plot offers substantial space for building a substantial family home or multiple units, allowing for ample living areas, gardens, and amenities. This size is ideal for custom home designs.
  • Established Title Documents: Properties with a Deed of Assignment and Governor's Consent typically indicate a clear and verifiable ownership history. These documents are crucial for legal property transactions in Nigeria.
  • Developed Infrastructure: A fully developed area suggests that essential infrastructure like paved roads, drainage, and potentially utility connections are already in place. This can significantly reduce the time and cost of construction.
  • Residential Zoning: This land is designated for residential use, meaning it is suitable for building homes. Zoning regulations ensure a consistent neighbourhood character and protect property values.

Description

• Generous 900 square meter plot offering ample space for residential development. • Located in the sought-after Lekki Phase 1 area, off Oladimeji Alo. • Ideal for building a private residence or multiple units. • Benefits from a paved access road, ensuring easy transportation. • Title documents include Governor's Consent and Deed of Assignment, indicating a clear ownership history. • Situated in a well-established and developing neighborhood with growing infrastructure.

Compare

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TypeResidential LandResidential LandCommercial Land
TitleDeed of Assignment, Governor's ConsentCertificate of Occupancy—
AddressOff Oladimeji Alo lekki phase 1Off Sarki Tafida Street, GuzapeLife camp
Listing byAgent—Owner
Access RoadPaved Road——
Property UseResidentialResidentialCommercial
Square meters900 sqm2,632 sqm10,370 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully Developed——
Price₦ 1,450,000,000₦ 1,700,000,000₦ 1,500,000,000