Modest Land With Demolishable School Structure In Orisunbare On Offer

Land / Demolishable Structure For Sale (Formerly A School)
(FULL VIDEO AVAILABLE)
--- Orisunbare, Ejigbo Road, Alimosho
----(Main Road Frontage)
----Asking ₦40,000,000

Property summary
A modest roadside land/house offering on Orisunbare (Ejigbo Road), Alimosho with direct frontage onto the main road.
The property is basic and located in a non‑premium residential/commercial corridor, but benefits from strong visibility and easy access --- suitable for an owner‑occupier seeking a low‑cost site, a small investor, or a developer of a compact commercial/residential unit.

Key facts & pricing

- Location: Orisunbare --- Ejigbo Road, Alimosho, Lagos (main road facing)
- Size237 m²).
- Title: Family receipt (buyer to verify chain of ownership and transferability)
- Asking price: ₦40,000,000

Property description & features

- Road frontage on Ejigbo Road providing good passing traffic and visibility
- Existing basic structure on site (sold as land/house) --- likely requires renovation or redevelopment
- Suitable for small-scale commercial use (shop, office), single-family house, or a compact rental unit
- Convenient to local amenities and transport links typical of Alimosho neighbourhoods

Pros, considerations & investment potential

- Pros:
- Main road frontage increases commercial potential and ease of access
- Attractive entry price for buyers seeking an affordable plot in Lagos
- Compact size suitable for quick redevelopment into rental units or a shopfront
- Considerations:
- Title is a family receipt --- not a registered C of O; buyer should expect to regularise title (statutory stamp duty, Governor's Consent and C of O process may apply)
- Property is in a standard/working‑class area rather than a high‑end neighbourhood --- pricing and end‑use should reflect this
- Site likely requires upgrades to services and building fabric if occupied immediately

Recommended uses

- Small commercial unit / retail shop with staff accommodation above
- Compact single‑family home or duplex
- Short‑term rental (rooming units) or conversion to small office block
- Landbank for future redevelopment when surrounding values increase
- Documentation available on request (photos, family receipt copy).
- Viewings by appointment only. Please provide your preferred viewing times and proof of funds/seriousness where applicable.
- To proceed with further information, title copies or to schedule a site inspection, reply with your contact details and preferred viewing schedule.
*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*