Bariga Road, Bariga, Shomolu, Lagos
₦170,000,000
| Property Ref: 3201254 | Added On: 13 Nov 2025 | Last Updated: 13 Nov 2025 |
| Market Status: Available | Type: House | Bedrooms: 8 |
| Bathrooms: 8 | Toilets: 8 |
PROPERTY LISTING: MULTISTOREY BUILDING ON 600 sqm --- NEW GARAGE / BARIGA ROAD, LAGOSLocation: Along New Garage, Bariga Road, LagosLand Size: 600 sqmAsking Price: 170,000,000 (One Hundred and Seventy Million Naira)Title / Documents: Purchase Receipt & Registered Survey Plan
OVERVIEWA substantial storey building sited on a generous 600 sqm corner/roadfront parcel on New Garage (Bariga Road). The asset offers strong visibility and convenient access to major transport nodes --- an excellent acquisition for investors, developers or owneroccupiers seeking immediate occupation, rental income or a redevelopment site in a busy Lagos neighbourhood.
PROPERTY FEATURES & POTENTIAL USES
- Existing multistorey structure providing immediate built value (inspection advised to confirm number of floors/units)
- Large 600 sqm plot allows for parking, yard space or phased expansion/reconfiguration
- Prime roadside frontage suitable for mixeduse conversion: residential apartments, office suites, retail/showroom or institutional use
- Robust access for customers and deliveries due to location on a main thoroughfare
- Suitable for valueadd refurbishment or redevelopment (subject to planning approvals)
LOCATION ADVANTAGES
- Positioned on New Garage / Bariga Road --- high traffic corridor with strong pedestrian and vehicular flow
- Good connectivity to Yaba, Tafawa Balewa Square and Lagos mainland transit routes
- Close proximity to commercial activity, transport hubs, markets, schools and community services --- reliable tenant catchment
- Area benefits from steady demand for both residential and commercial lettings
TITLE & DOCUMENTATION
- Documents available: Purchase Receipt and Registered Survey Plan --- buyers advised to complete title verification and registration formalities as required.
- Standard due diligence recommended (title confirmation, survey verification and building inspection).
INVESTMENT HIGHLIGHTS
- Readymade asset with immediate income or owneroccupation potential
- 600 sqm land size provides flexibility for expansion, adding parking or intensification subject to approvals
- Strategic roadside location increases commercial viability and resale appeal
- Attractive for developers seeking an infill site with existing structure to reconfigure or upgrade
PRICE & TERMS
- Asking Price: 170,000,000 --- serious, prequalified buyers only.
- Preferred transaction: cash/verified funds; negotiations possible for prompt, qualified purchasers.
DUE DILIGENCE & VIEWING
- Recommended checks: confirmation of exact building specification, structural survey, utilities status, confirmation of survey boundaries and local planning constraints.
- Site inspections and document review are by appointment for prequalified buyers (proof of funds required).
CONTACTTo schedule an inspection, request the document pack or submit an offer, contact:[Agent / Owner Name]Phone: [Insert phone number] Email: [Insert email]
A strategic, roadfront multistorey asset on a sizable Lagos plot --- ideal for investors or owneroccupiers seeking scale and flexibility in Bariga.
