An excellent real estate opportunity is now available in one of Lagos’ well-established and strategically located residential and commercial areas. This property offers a combination of dry land and an existing structure, making it suitable for immediate use, redevelopment, or investment purposes.
📍 Location Advantage – Mende, Maryland
The property is located off Ajose Street in Mende, within the broader Maryland axis.
Maryland is a highly accessible and centrally located area in Lagos, known for:
- Proximity to Ikeja, Ikorodu Road, and major business hubs
- A mix of residential and commercial developments
- Strong road connectivity and transportation links
- Presence of schools, offices, retail outlets, and residential estates
- Consistent demand for both rental and owner-occupied properties
Its central location makes it an attractive choice for investors seeking accessibility and steady property value appreciation.
🏢 Property Overview
- Property Type: Dry Land with Existing Structure
- Location: Off Ajose Street, Mende, Maryland
- Land Size: 900 sqm
- Title: Governor’s Consent
- Status: Available for sale
- Price: ₦350 Million (Asking)
This property combines land value with an existing structure, providing flexibility for immediate use or redevelopment.
✨ Key Features & Benefits
- Dry and stable land suitable for construction
- Existing structure already on-site
- Located in a developed and accessible neighborhood
- Suitable for both residential and commercial purposes (subject to approvals)
- Good road access and connectivity within Maryland
- Secure title backed by Governor’s Consent
- Positioned in a high-demand real estate corridor
🏗️ Development & Usage Potential
This property offers multiple possibilities depending on the buyer’s vision:
🏡 Residential Use:
- Private residential home redevelopment
- Multi-family residential building
- Luxury duplex or apartments
🏢 Commercial Use:
- Office space or corporate building
- Mixed-use development combining residential and commercial units
- Short-let apartments or serviced accommodation
🔨 Redevelopment Opportunity:
- Demolish and rebuild into a modern structure
- Renovate and upgrade the existing building for immediate occupancy or leasing
- Land banking with future appreciation potential
📈 Investment Highlights
- Centrally located in a high-demand Lagos corridor
- Suitable for immediate occupation or redevelopment
- Presence of an existing structure adds value and reduces initial construction time
- Strong rental and resale potential due to location
- Governor’s Consent ensures recognized and transferable ownership
- Ideal for investors seeking both land value and built asset
💰 Pricing
- Asking Price: ₦350 Million
- Negotiation may be possible for serious buyers
This price reflects the land size, location, title, and the added advantage of an existing structure.
🎯 Ideal For
This property is suitable for:
- Real estate investors
- Developers looking for redevelopment projects
- Individuals seeking a residential home in a central location
- Businesses needing office or mixed-use space
- Buyers interested in land banking within Lagos’ growing corridors
📞 Enquiries & Inspection
Serious buyers are encouraged to make direct inquiries and schedule inspections:
📲 Contact / WhatsApp: 08034139285
🚀 Conclusion
This property in Mende, Maryland presents a valuable opportunity to acquire land with an existing structure in a well-connected and developed part of Lagos. With its strong location advantages, secure title, and flexible usage options, it is well-suited for both immediate occupation and long-term investment.
Opportunities in centrally located areas like Maryland are increasingly limited, making this listing a compelling option for investors and end-users looking to secure a property with both present utility and future growth potential.
Real