tre.gif
45 Acres of Land Per Plot 4M in Igando-Oloja
45 Acres of Land Per Plot 4M in Igando-Oloja

₦ 1,080,000,000 Outright Price

Lagos , Ibeju , Igando-Oloja , 5 days ago

45 Acres of Land Per Plot 4M

Property address

Igando-Oloja

Donaldson Data Company Limited

Verified documents

Mixed-Use Land

192000 sqm

Mixed

Car Parking

Electric Supply

Water Supply

Partially Developed

Gravel Road

Deed of Assignment

Sale Agreement

Agent Fee: 50000000

For sale Property & Valuation Summary Total Size: 45 Acres. Asking Price: ₦4,000,000 per plot Estimated Market Value: ₦15,000,000 per plot Discount / Value Gap: ~73% below market value Seller's Motivation: Urgent sale / desperate seller needing liquid capital for another business venture. Important Considerations for Potential Buyers or Brokers While distress sales present high profit potential, a few critical steps should be taken before proceeding: Plot Conversion: Standard plots per acre vary by region (typically 6 plots per acre for a standard 60\text{ft} \times 120\text{ft} / 600\text{sqm} plot). At 6 plots/acre, 45 acres equal approximately 270 plots. At ₦4M/plot, the total asking price would be roughly ₦1.08 Billion.

₦ 1,080,000,000 Outright Price

Safety tips

  • Avoid paying inspection fees
  • If possible, go for viewing with friends
  • Check everything carefully to make sure it's what you need
  • Don't pay in advance if it's impossible to move in immediately

Similar properties