4-Bedroom Semi-Detached Duplex, Sapele Road
₦115,000,000
Description
Semi-detached duplex on a 300sqm plot off Sapele Road with registered deed and approved building plan from ESPPDA.
Features
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Owner Info
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⚠️ VeriLand Advisory: Deed of Assignment title detected. While this instrument conveys legal ownership rights, it remains subject to the head lessor's title chain. Recommended action: Submit file details to the online C-of-O tracking module to formalize state tenure protection and eliminate reversionary interest risks.
🏗️ Development Scope: Optimized for immediate residential layout deployment. This parcel aligns with local town planning environmental guidelines for Edo State, qualifying for single-family, multi-unit, or estate development under current zoning regulations. Demand for residential land in Oredo continues to trend upward as urban migration accelerates across the region.
✅ Topographical Clearance: Stable terrain profile recorded for this coordinate matrix. No active erosion alerts, gully hazard vectors, or soil degradation notices are currently flagged in the VeriLand environmental risk database for this location. Site is cleared for standard foundation engineering without specialist geotechnical pre-conditions.
Based on comparable residential transactions in Oredo, Edo, the listed price of ₦115,000,000 (₦383,333/sqm) positions this parcel within the market's mid-range. The estimated fair value corridor of ₦97,750,000 – ₦138,000,000 reflects a ±15–20% volatility band standard for Edo property markets. Parcels with verified C-of-O in this corridor have recently transacted at 8–12% premiums over comparable customary title land.
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