Okunola, Egbeda, Alimosho, Lagos
₦90,000,000
| Property Ref: 3173809 | Added On: 28 Oct 2025 | Last Updated: 06 Nov 2025 |
| Market Status: Available | Type: Land | Total Area: 585 sqm |
FOR SALE- WATCH VIDEO ABOVE
Demolishable Bungalow on Tarred Road
Okunola, Egbeda (Alimosho), Lagos
Price
90,000,000
Summary
Exceptional redevelopment opportunity in a gated street at Okunola, Egbeda (Alimosho). This demolishable bungalow sits on a tarred road and is only a 5minute walk to Egbeda bus stop --- making it ideal for developers, investors or buyers looking to build a custom family home. Clear title documents (receipt, registered survey and deed of assignment) available for verification. Priced at 90M --- viewings available by appointment.
Property highlights
- Property type: Demolishable bungalow (ideal for rebuilding or redevelopment)
- Road: Located on a tarred road --- ease of access and good frontage
- Neighbourhood: Gated street --- enhanced privacy and local security
- Proximity: Approximately 5 minutes' walk to Egbeda bus stop (excellent public transport access)
- Documents: Receipt, registered survey and deed of assignment (available for inspection)
- Price: 90,000,000
Detailed description
Presenting a prime plot in a wellconnected part of Egbeda suitable for a new build or redevelopment project. The existing bungalow is demolishable, giving the buyer a blank canvas to design and construct a modern duplex, block of flats or a spacious family residence. The property's position on a tarred road ensures good vehicular access and visibility, while the gated street setting contributes to a calm residential environment.
This location combines residential tranquillity with strong transport links to major commercial and commuter routes across Alimosho and wider Lagos, making it attractive to both endusers and investors targeting rental demand.
Location & accessibility
- Situated at Okunola, Egbeda in Alimosho Local Government Area --- convenient for daily commuting
- Short walk (5 minutes) to Egbeda bus stop --- immediate access to public transport and commercial corridors
- Close to local amenities including markets, schools, places of worship and retail outlets
- Good road infrastructure (tarred) improving ease of construction logistics and longterm access
Tenure & documentation
- Title documents: Receipt, registered survey and deed of assignment --- ready for due diligence and transfer processes
- Documents can be presented to serious buyers, solicitors or appointed agents for verification
Value proposition & investment notes
- Demolishable property presents immediate redevelopment potential without the need for demolition permissions tied to occupied structures --- flexible for quick project starts (buyer should confirm local planning requirements)
- Gated street and tarred road frontage enhance future resale or rental value
- Strategic location near Egbeda transport hub increases tenant appeal and capital appreciation prospects
What's included
- Sale includes the property and the listed title documents (receipt, registered survey, deed of assignment)
- Any existing fixtures within the bungalow are included unless otherwise agreed
Viewing & next steps
Serious buyers and accredited agents are invited to arrange a private inspection and document review. To schedule a viewing or request copies of the title documents for prequalification, please provide your preferred contact details and a convenient time.
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
Note: Referrals & Third Party Agents: 2.5% Comm
Ref: Efosa
