Demolishable Structure On 800sqm Of Prime Land On Offer

For Sale ---
Demolishable Building on 800 sqm Plot ---
Morocco Road, Shomolu
₦300,000,000

Overview: Still available --- Urgent sale: sizeable development plot on Morocco Road, Shomolu. The site contains an existing demolishable building and sits on an 800 sqm parcel, offering an immediate redevelopment opportunity for commercial or residential projects in a busy mainland location. Priced at ₦300M (asking).

Property summary

- Address: 28 Morocco Road, Shomolu, Lagos
- Land area: 800 sqm
- Current condition: Existing building (demolishable) --- sold as‑is
- Asking price: ₦300,000,000 (Three hundred million Naira)
- Title: To be confirmed --- buyer's solicitor should verify title and chain of ownership

Key benefits & suitability

- Good-sized urban plot ideal for redevelopment --- suitable for mixed‑use, commercial plaza, multi‑unit residential or boutique office.
- Mainland location with strong local demand and good transport links.
- Demolishable structure provides a clear site for mobilisation and new construction (shorter lead time than complex retrofits).

Suggested uses (subject to planning consent)

- Mid‑rise residential apartments or terrace development
- Commercial building / offices with ground‑floor retail
- Serviced apartments or guest house
- Mixed‑use development (retail / office / residential)

Due diligence & recommended checks

- Legal: Ask seller for title documents (C of O / Deed / Receipt) and instruct solicitor to confirm chain of ownership and any encumbrances.
- Survey: Obtain certified site survey and confirm boundary pegs on site.
- Planning: Confirm permissible uses, coverage and setback requirements with local planning authorities.
- Technical: Demolition cost estimate, structural appraisal of existing building (if any salvageable elements), geotechnical and drainage checks.
- Utilities: Verify power, water and drainage connection points and service upgrade costs.

Sale process & viewing

- Viewings: By appointment only for pre‑qualified buyers. Proof of funds will be requested before full documentation and site access are provided.
- Offers: Submit a Letter of Intent (LOI) with buyer details and proof of funds. Shortlisted buyers will receive the title pack and be invited to inspect.
- Transfer: Standard solicitor‑led conveyancing; buyer to budget for legal fees, stamp duty and registration.

Note: Information is provided in good faith and should be independently verified by prospective purchasers and their advisers. Price and availability are subject to prior sale.
Contact: Mr. Kola Adesina (EDBA)
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA.
Serious proposals only.
*How we work*
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Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
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Ref: Nnedu