Demolishable Structure On 800sqm Of Prime Land On Offer
Interested in this property?
Property Description
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.
Ref: Nnedu
Property Details
| Property Ref: 3132966 | Added On: 06 Oct 2025 | Last Updated: 06 Oct 2025 |
| Market Status: Available | Type: Land | Total Area: 800 sqm |
Interesting Facts
Shomolu is home to Nigeria's largest printing industry. As of 2010, the printing press employed more than 15,000 people in a variety of positions. A large number of printing presses can be found in and around town, resulting in diverse architecture.
Leisure and Shopping
Abraham shopping complex is a multi-purpose shopping centre that offers a wide variety of commodities at reasonable prices. The Obeezi fashion mall, as the name implies, is one of the best places in Shomolu to shop for high-end fashion products.
Popular Estates
There are not many estates in Shomolu, but there are some decent options if you want to live in one. Within the estate, they have all of the necessary infrastructures such as hospitals, gyms, churches, guest houses and mini marts.
Day Life
The Bariga Waterfront Jetty is a cutting-edge jetty in Ilaje. Park and Chop Kitchen specialises in African dishes like Amala and Ewedu. Pancake Hub, Soul Food, Chicken Republic, Luto's grill, Phemat pasta and grill are fantastic places to eat.
Night Life
Qube Lagos is a lovely cosy place to relax and bond with family and friends during the day. Lounge 51 Snooker is the place to go for guys who enjoy playing snooker. Beeriga is a wonderful place to unwind and relax inside the Bariga jetty.
Schools
Crown Gate School is one of many high-quality schools in Shomolu. They provide holistic education for the academic, intellectual, physical, spiritual, social, and emotional development of the whole child. Firm Base schools offer a diverse range of academic and extracurricular activities to their students.
Read the full area guide for Shomolu, Lagos.
Interested in this property?
Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by The Build Centre Properties. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
Marketed by
21 Mojidi Street, Ikeja, Lagos, Nigeria
0902 XXXX Show Phone
+2347049744444
Registered 1 year ago
View all properties from this agent