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Demolishable One Storey House For Residential-commercial ...

Mixed-use land for sale

Itire-Ikate, Surulere, Lagos

₦90,000,000

Property Ref: 3199316Added On: 12 Nov 2025Last Updated: 15 Dec 2025
Market Status: AvailableType: Mixed-use LandTotal Area: 585 sqm

Property for Sale ---
Karounwi Street, Itire (Distress Sale) --- Summary
Type: Demolishable onestorey building on roadfacing plot (residential / commercial redevelopment opportunity)Location: Karounwi Street, Itire --- links to Ikate, Lawanson, Kilo and easy access to other parts of SurulereLand area: 576 sqmTitle: Receipt from OmoOnile (Itire) & Survey PlanPrice: 90,000,000 (Asking) --- distress/motivated sale

Key points

- Strategic road frontage with strong visibility --- ideal for commercial conversion or higherdensity residential redevelopment.
- 576 sqm provides flexibility for terraces, apartment block or mixeduse scheme (subject to planning).
- Existing structure is demolishable; sold with vacant possession on completion.
- Receipt + Survey available; buyer to undertake title regularisation (C of O/Consent) if required.

Recommended buyer actions

- Submit proof of funds for site inspection.
- Engage solicitor and surveyor to verify title, boundaries and required regularisation.
- Consider quick purchase or cash buyer due to distress sale status.

Viewings & contact

- Viewings by appointment only. ID and proof of funds required before inspection.
- For documents, site visit or offers, contact: [Agent name] Phone: [Insert phone number] Email: [Insert email]

Note: Information provided by vendor and subject to verification. Prospective buyers should carry out independent due diligence prior to commitment.

Phone

0902 XXXX Show Phone

Whatsapp

+2347049744444

Useful Information

About Surulere, Lagos