Property in Orisunbare, Alimosho, Lagos

Land / demolishable structure for sale (formerly a school) (full video available) --- orisunbare, ejigbo road, alimosho ----(main road frontage) ----asking ₦40,000,000 property summary a modest roadside land/house offering on orisunbare (ejigbo road), alimosho with direct frontage onto the main road. the property is basic and located in a non‑premium residential/commercial corridor, but benefits from strong visibility and easy access --- suitable for an owner‑occupier seeking a low‑cost site, a small investor, or a developer of a compact commercial/residential unit. key facts & pricing - location: orisunbare --- ejigbo road, alimosho, lagos (main road facing) - size237 m²). - title: family receipt (buyer to verify chain of ownership and transferability) - asking price: ₦40,000,000 property description & features - road frontage on ejigbo road providing good passing traffic and visibility - existing basic structure on site (sold as land/house) --- likely requires renovation or redevelopment - suitable for small-scale commercial use (shop, office), single-family house, or a compact rental unit - convenient to local amenities and transport links typical of alimosho neighbourhoods pros, considerations & investment potential - pros: - main road frontage increases commercial potential and ease of access - attractive entry price for buyers seeking an affordable plot in lagos - compact size suitable for quick redevelopment into rental units or a shopfront - considerations: - title is a family receipt --- not a registered c of o; buyer should expect to regularise title (statutory stamp duty, governor's consent and c of o process may apply) - property is in a standard/working‑class area rather than a high‑end neighbourhood --- pricing and end‑use should reflect this - site likely requires upgrades to services and building fabric if occupied immediately recommended uses - small commercial unit / retail shop with staff accommodation above - compact single‑family home or duplex - short‑term rental (rooming units) or conversion to small office block - landbank for future redevelopment when surrounding values increase - documentation available on request (photos, family receipt copy). - viewings by appointment only. please provide your preferred viewing times and proof of funds/seriousness where applicable. - to proceed with further information, title copies or to schedule a site inspection, reply with your contact details and preferred viewing schedule. *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 properti...