Oguntona Crescent, Gbagada, Lagos
₦90,000,000
| Property Ref: 3086456 | Added On: 10 Sep 2025 | Last Updated: 06 Oct 2025 |
| Market Status: Available | Type: Land | Total Area: 400 sqm |
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Listing Title:
Prime 400 sqm Bare Land --- Off Olatunji Akinsanya St (By Oguntona Cres), Gbagada Phase 1 ---
Title: Registered Survey Receipt
90,000,000
(VIDEO AVAILABLE)
Overview:
Excellent opportunity to acquire a fenced and gated bare land parcel of approximately 400 sqm in a desirable Gbagada Phase 1 neighbourhood. Positioned off Olatunji Akinsanya Street by Oguntona Crescent, this ready plot is ideal for a family home, duplex development or small investment project. Title regularisation is advanced (registered survey receipt) with Deed/COFO in view --- a quick, lowrisk acquisition for endusers and developers.
Key Details
- Property type: Bare land (fenced & gated)
- Size: Approx. 400 sqm
- Location: Off Olatunji Akinsanya Street, by Oguntona Crescent --- Gbagada Phase 1, Lagos
- Title/Status: Registered survey receipt; Deed / COFO in view
- Asking price: 90,000,000
- Condition: Fenced and gated --- immediate site security in place
- Availability: Immediate (subject to documentation verification and inspection)
Location & Neighbourhood Advantages
- Located within established Gbagada Phase 1 residential area --- quiet, familyfriendly neighbourhood
- Close to local amenities: schools, shops, places of worship, healthcare centres and public transport nodes
- Good vehicular access to main arteries and Lagos transport links --- convenient for daily commuting (confirm exact distances/routes during viewing)
- Mature neighbourhood with comparable developments nearby, supporting resale and rental demand
Potential Uses & Development Opportunities
- Ideal for a detached family home or luxury duplex
- Suitable for a small gated cluster or 2--3 unit development (subject to planning approvals)
- Buyandhold investment for capital appreciation in a welllocated Lagos suburb
- Developer opportunity to deliver immediate offplan units to the local market
Title, Documents & Status
- Current documentation: Registered survey receipt --- Deed/COFO (Certificate of Occupancy) in view/processing
- Survey is ready for verification/search at the land registry
- Seller will provide copies of available documents to verified/serious buyers
- Buyers are advised to request originals and complete title verification prior to payment
Due Diligence Recommendations
Prospective buyers should:
- Verify the registered survey receipt and follow up on Deed/COFO issuance with relevant authorities
- Conduct onsite boundary verification against the survey plan
- Confirm zoning/landuse and obtain any required planning permissions from the local authority
- Check availability of utilities (water, power) and access road status
- Instruct legal counsel to perform title search, confirm chain of ownership and clear any encumbrances
Price, Terms & Additional Costs
- Asking price: 90,000,000 (negotiable for serious/ready buyers)
- Buyer to bear customary acquisition costs (legal fees, stamp duty, transfer fees, agency fees) unless otherwise agreed
- Payment terms to be discussed and agreed upon with seller/agent
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.
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Viewings are by appointments only
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