Residential land for sale
Land + One Storey Demolishable Structure
Full video available exclusive for sale: Land + Demolishable Structure Ojuelegba, Surulere, Lagos* 1,119sqm Existing 1-Storey Building C of O + Letter of Administration ₦250,000,000 Mainland's Hidden Gem with Redevelopment Power Presenting a strategic land parcel with an existing one-storey building in the heart of Ojuelegba, Surulere --- one of Lagos Mainland's most dynamic, high-density, and transit-rich corridors. The structure is fully demolishable, giving you immediate land value + flexibility to redevelop for maximum yield. Ojuelegba is Lagos' 24/7 hub: transport, commerce, and residential demand all converge here. Property Highlights: 1. Location & Demand Drivers - Ojuelegba, Surulere: The Mainland's commercial heartbeat. Non-stop foot and vehicular traffic, with demand for housing, retail, and student accommodation - Accessibility: Direct link to Western Avenue, Iponri, Stadium, and the National Theatre. Minutes from Yaba, Ikeja, and Victoria Island via 3rd Mainland Bridge - Vicinity: Surrounded by markets, schools, churches, and high-occupancy residential blocks. Zero vacancy risk for rentals 2. Land, Structure & Title Security - Size: 1,119 Square Meters --- generous Mainland footprint with good depth and frontage - Structure: Existing one-storey building. Demolishable structure --- ideal as holding income while you finalize development plans, or clear immediately for new build - Status: Well-demarcated, rectangular shape, suitable for high-rise or multi-unit development - Title: Certificate of Occupancy C of O + Letter of Administration --- strong, verifiable Lagos State title. Bankable and suitable for financing 3. Development & Investment Potential This is a high-yield investor's play: - Option 1: Demolish and redevelop into 4-6 floor apartment block, mixed-use complex, or student hostel --- Ojuelegba/Surulere rental demand is perennial - Option 2: Maintain current structure for immediate rental income while land appreciates - Option 3: Land bank in Surulere --- Mainland locations with C of O are scarce and appreciating rapidly due to infrastructure upgrades With Lagos focusing on mass transit and urban renewal, Ojuelegba sits at the center of growth. Pricing: ₦250,000,000 _Pricing reflects size, strategic Ojuelegba location, demolishable structure, and strong C of O + Letter of Administration title. Competitive for current Surulere market benchmarks._ Due Diligence & Inspection: All title documents available for verification at Lagos Land Registry and Probate Registry. Private inspection available for qualified buyers and authorized representatives. Proof of funds required prior to site visit. Exclusive mandate. Fast, discreet, and professional handling for serious investors and developers only._ #ed
