A Redevelopable Mini Estate on a Land Measuring Approx. 10, 347.8 SQM in Idi Oro, Agege Motor Road, Mushin

₦2,930,000,000

Type: Commercial
Beds: —
Baths: —
Sq ft: —
Year: —

About this property

Mini Estate for Sale -- Prime Commercial/Residential Property on Agege Motor Road, Idi-Oro, Lagos Location: Nos. 80, 84 & 86 Agege Motor Road, Idi-Oro, Lagos Land Size: Approximately 10,347.8 sqm ️ Title: Indenture Asking Price: N2,930,000,000 Property Overview: An outstanding opportunity to acquire a redevelopable mini estate comprising three adjoining properties situated along the highly accessible and commercially active Agege Motor Road in Idi-Oro, Lagos. This estate spans a combined land area of approximately 10,347.8 square meters, offering immense potential for residential, commercial, or mixed-use development. The site is currently improved with a variety of income-generating structures, including residential buildings, warehouses, shops, and vacant land, making it ideal for redevelopment or phased redevelopment. Breakdown of Properties: No. 80 Agege Motor Road: consists of a block of flats with an open space serving as a warehouse (on the ground floor), an adjoining bungalow and an adjoining land. No. 84 Agege Motor Road: comprises 1 unit of one (1) Storey building, annex bungalows (warehouses), a shop and an adjoining land. No. 86 Agege Motor Road: comprises 1 unit of one (1) storey building, 1 unit of two (2) storey building, 5 units of bungalows and 2 blocks of residential Apartments. Development Potential: This mini estate's generous land size and prime road frontage make it a rare opportunity for investors and developers. It is highly suitable for: Commercial complexes Retail plazas or malls Modern residential estates Warehousing and logistics hubs Mixed-use developments Key Features: Total Land Area: 10,347.8 sqm Strategic frontage on Agege Motor Road Mixed-use structures: residential apartments, warehouses, shops, and bungalows High vehicular and pedestrian traffic Surrounded by thriving commercial and residential developments

Location

Idi Oro, Agege Motor Road

Mushin, Lagos

Approximate location — Mushin. The exact address hasn't been confirmed for this listing.