₦ 1,500,000,000
950sqm Sellable Land at Magodo Phase 2 Estate - NGN 1.3M/sqm

Price Analysis Above Market
Based on 1273 similar listings
Market Demand
Details
- Type
- Residential Land
- Title
- Certificate of Occupancy
- Address
- Magodo Phase 2
- Agent Fee
- ₦ 61,750,000
- Facilities
- Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
- Listing by
- Agent
- Access Road
- Paved Road
- Property Use
- Residential
- Square meters
- 950 sqm
- Type of Purchase
- Outright Price
- Development Status
- Fully Developed
950sqm Sellable Land at Magodo Phase 2 Estate - NGN 1.3M/sqm Highlights
- Prime Residential Location: Magodo Phase 2 is a well-established and sought-after residential estate known for its organized infrastructure and security. It offers a desirable living environment within Lagos.
- Generous Land Size: A 950sqm plot provides ample space for constructing a substantial family home, potentially including multiple units or extensive outdoor amenities. This size allows for flexible architectural designs.
- Secure Title Deed: A Certificate of Occupancy (C of O) is a recognized and secure land title in Nigeria. It signifies legal ownership and is crucial for property development and transactions.
- Established Infrastructure: Plots in developed areas often benefit from existing utilities such as water supply, electricity, and sewage systems. Access roads are typically well-maintained, facilitating easy movement.
- Potential for Development: This is a plot of land designated for residential use, offering a blank canvas for building a custom home. The 'Fully Developed' status indicates that infrastructure is in place.
Description
• Prime redevelopment asset located within Magodo Phase 2 Estate. • Offers a substantial 950sqm of land with a Certificate of Occupancy (C of O). • Ideal for redevelopment, luxury residential projects, or investment. • The property is structured to be sold halfway (475sqm) to facilitate co-development or independent building for profit. • Alternatively, the entire 950sqm can be acquired for a flip strategy, retaining a portion at a reduced cost. • Situated in a high-demand area with existing infrastructure and accessibility. • Surrounded by developed properties, indicating a stable and appreciating neighborhood. • Utilities such as water, electricity, and paved access roads are available.
Compare
This item950sqm Sellable Land at Magodo Phase 2 Estate - NGN 1.3M/sqm ₦ 1,235,000,000 | ![]() 1 Hectare Mixed-Use Land for Sale in Kubwa ₦ 1,500,000,000 | ![]() 24 Plots of Fenced Land on Lekki Expressway ₦ 1,500,000,000 | |
|---|---|---|---|
| Type | Residential Land | Mixed-use Land | Commercial Land |
| Facilities | Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply | — | Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply |
| Title | Certificate of Occupancy | Right of Occupancy | Certificate of Occupancy |
| Address | Magodo Phase 2 | Opposite Phase 3 Junction, by Kubwa Express, Abuja | Lekki Aviation town ibeju- Lekki |
| Agent Fee | ₦ 61,750,000 | — | — |
| Listing by | Agent | — | Agent |
| Access Road | Paved Road | — | Gravel Road |
| Property Use | Residential | Mixed | Commercial |
| Square meters | 950 sqm | 10,000 sqm | 17,000 sqm |
| Type of Purchase | Outright Price | Outright Price | Outright Price |
| Development Status | Fully Developed | — | Fenced |
| Price | ₦ 1,235,000,000 | ₦ 1,500,000,000 | ₦ 1,500,000,000 |
Similar Ads
₦ 1,500,000,000
24 Plots of Fenced Land on Lekki Expressway
₦ 1,200,000,000
1883sqm Dry Land for JV in Chevron Alternative Estate
₦ 1,500,000,000
1,200sqm Land for Sale/JV - Alma Beach Estate, Ikate
₦ 1,500,000,000
3,600sqm Residential Land for Sale in Katampe Main, Abuja | C of O
₦ 1,000,000,000
930sqm Bareland in Premium Lekki Location for Sale
₦ 1,300,000,000
1400sqm Residential Plot, Jahi Gilmore
₦ 1,300,000,000


