Strategic Land in Etete for Sale

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Price Analysis Fair Price

Based on 54 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Address
Etete GRA, Benin City
Property Use
Mixed
Square meters
929 sqm
Type of Purchase
Outright Price

Strategic Land in Etete for Sale Highlights

  • Prime Etete GRA Location: Etete GRA is a well-established and sought-after residential and commercial area in Benin City. Properties here often benefit from good infrastructure and proximity to key amenities.
  • Versatile Mixed-Use Zoning: Mixed-use land allows for a variety of development possibilities, combining residential, commercial, or even light industrial uses. This offers flexibility for future investment or personal use.
  • Generous Plot Size: A plot of 929 square meters provides substantial space for construction. This size is suitable for building a large family home, multiple units, or a commercial establishment with ample surrounding area.
  • Outright Purchase Option: Purchasing land outright means you own the property fully and immediately. This simplifies the transaction process and avoids ongoing mortgage payments.
  • Potential for Development: Land in developing areas like Etete offers significant potential for capital appreciation. Strategic development can maximize the return on investment.

Description

• 929 sqm mixed-use land in Etete GRA, Benin City. • Property is 100/100 fenced and ready for subdivision. • Located adjacent to Emokpae Baptist Church. • Clear title with Certificate of Occupancy (C of O). • Outright purchase available. • Distress sale at NGN 70,000,000 net.

Compare

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TypeMixed-use LandMixed-use LandResidential Land
AddressEtete GRA, Benin CitySangotedoDiplomatic zone
Property UseMixedResidentialResidential
Square meters929 sqm500 sqm180 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 70,000,000₦ 80,000,000₦ 54,000,000