Land for Sale in Shomolu, Lagos

Listing title for sale --- demolishable building on 800 sqm 28 morocco road, shomolu --- ₦300,000,000 overview rare redevelopment opportunity in shomolu: a demolishable building sited on a substantial 800 sqm parcel at 28 morocco road. offered at ₦300m, this site is ideal for developers, investors or owner‑occupiers seeking a strategically located plot for commercial, residential or mixed‑use redevelopment. the land footprint and street frontage deliver immediate development flexibility in a busy lagos mainland neighbourhood. property summary - property type: existing building (demolishable) on single plot --- ready for redevelopment - site area: 800 sqm - location: 28 morocco road, shomolu, lagos - asking price: ₦300,000,000 (three hundred million naira) - title: to be confirmed --- buyer to verify title and chain of ownership during due diligence why this site is attractive - sizeable urban plot (800 sqm) in shomolu offers scope for mid‑rise residential apartments, boutique commercial development, serviced apartments or mixed‑use schemes (subject to planning). - demolishable building provides a blank‑canvas redevelopment opportunity --- accelerate planning and design without demolition unknowns linked to long‑life structures. - well‑positioned within a busy mainland catchment with strong local demand for residential rentals, retail and office space. - compelling for developers seeking quick‑turn projects or portfolio investors targeting mainland growth corridors. suggested development concepts - mid‑rise residential apartment block (flats/terraces) with on‑site parking and communal amenities - mixed‑use building with ground‑floor retail/office and residential apartments above - serviced apartments or boutique hospitality conversion (subject to local permitting) - owner‑occupier redevelopment for corporate hq with staff parking and landscaped compound site & location notes - 28 morocco road is located in shomolu --- a bustling lagos mainland neighbourhood with a mix of residential, commercial and light industrial activity. - confirm local access routes and proximity to key arteries and transport nodes during inspection and technical appraisal. due diligence & recommended checks prospective buyers should commission and verify the following prior to commitment: - title and ownership documents --- chain of title verification and any encumbrances (ask seller for c of o / deed of assignment). - certified site survey, boundaries and dimensional verification. - local planning/zoning regulations and permissible coverage/height for redevelopment. - environmental & geotechnical assessment (if required for larger schemes). - utility connections and service availability (power, water, drainage) and likely connection/upgrade costs. - any outstanding rates, levies or statutory obligations on the property. transaction & sale process - viewing: by appointment only for pre‑qualified buyers --- proof of funds requested for access to full documentation. - offers: submit letter of intent (loi) with evidence of funds; shortlisted buyers will be given access to the title and survey documents and invited for inspection. - sale mechanics: standard conveyancing applies --- buyer to instruct solicitors for searches and completion; costs such as legal fees and stamp duty borne by buyer unless otherwise agreed. value & investor appeal - immediate redevelopment opportunity in a tightly held mainland market --- potential to unlock significant value through redevelopment or repositioning. - suitable for developers looking for near‑term projects with strong rental/resale prospects in lagos mainland. important note all information is provided in good faith and should be independently verified. title status currently to be confirmed --- prospective buyers should conduct full legal and technical due diligence prior to exchange. 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* tell us your needs (budget, location, size). 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. *please feel free to browse our other featured properties* ref: nn...

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