Queens Park Estate

Property Ref : 333727

Residential land for sale

Mowe Ofada, Ogun

₦2,300,000

Features

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Queen's Park Mowe/Ofada is the destination of choice for smart investors presently. Queen's Park estate is tucked in a serene environment away from the hustle and bustle that Lagos is characterised with.

Queens Park Estate Mowe Ofada has over 120 acres of land free from Government Acquisition. It is the biggest Estate in Mowe-Ofada and more developed than any other around the area. It is situated very close to Nestle Foods Plc Factory around the Sagamu Interchange, Chrisland Millennium University etc.

The estate boasts of a transformer, good road network, perimeter fencing, easy transfer of ownership etc. Any investment in Queen's Park, Mowe/Ofada is never a waste because you are guaranteed of an appreciable Return on Investment (ROI) within the shortest possible time.

Its investment potential is also boosted by The 8 Lane Lagos-Ibadan Expressway Railway Line that is expected to be completed in a few years. "Don't Wait To Buy Land, Rather Buy Land and Wait"
Approved Survey plan and Land Cert Number: OG/1565/2012/080

Let's take advantage of the current price of 1,500,000 Outright as there is an imminent increase in price.


F.A.Q: QUEEN'S PARK, MOWE/OFADA
1. Where is Queen's Park Estate, Mowe/ofada?
A: Queen's Park Estate is located at Orile Imo around the Sagamu Interchange , Obafemi Owode Local Govt. Area, Ogun State
2. Who are the developers of Queen's Park, Mowe/Ofada
A: Landmark Corporate Realty Ltd
3. What other estates and/ or institutions are within 2-3km radius of Queen's Park, Mowe/Ofada?
A: Queen's Park, Mowe/Ofada II
Royal Garden City
Nestle Foods Plc
Chrisland Millennium University
4. What is the price per plot/ affordable payment plan?
N2,300,000 -- outright payment
N2,800,000 instalment payment
5. What is the plot size at Queen's Park, Mowe/Ofada?
648 sqms
6. Is there any encumbrance on the land?
A: The land is free from every known encumbrance and no adverse claimant on the land.
7. What type of infrastructure will the developer provide?
- Perimeter fencing
- Beautification of the Estate
- Estate Gate House
8. What other payments do I make apart from the payment for the land?
Survey plan -- N150,000 (Subject to Review)
Legal documentation -- N100,000(Subject to Review)
Developmental Fee -- 500,000 payable thrice (40%,30%,30%)
9. What will the development levy be used for?
o Transformer
o Street light
o Recreation Facilities
o Drainage
o Sewage system
o Security
10. What do I get after completion of payments for the land?
o A duly executed receipt of purchase
o Contract of Sale
o Invoice
o Copy of Survey plan
o Letter of allocation ( After completion of payment for the land)
11 Is there any document/ title on the land?
A: The title on the land is Certificate of Occupancy (
12 Can I pay a deposit and pay the balance any time within the duration of the tenure chosen?
After the payment of initial deposit, you are expected to pay the balance monthly as non-payment as at when due will be treated as a breach of contract which can either result to termination or revocation of the contract.
13. Does Landmark Corporate Realty Ltd charge interest on the balance after the payment of initial deposit? A:The transaction is 0% interest free
14. Is there any restriction as to the type of building I can erect on the land?
A: Yes. You are expected to build residential houses within the area so designated for such and commercial houses in areas designed as commercial. Shops in residential houses are however not allowed and building of tenement house type(otherwise known as face me and face you) are not permitted in the estate.
14. What other restrictions govern the estate?
A: Fencing of plot/s of land after allocation without erecting a building is TOTALLY UNACCEPTABLE
15. Is there any time limit to commence work on my land after allocation?
A: Allottees are advised to take possession and develop their plot/s of land within a year of allocation in order to control weed. However, in a situation whereby the land is left unkempt, the developer will come in to keep the land tidy and expenses incurred will be passed to you to offset. Moreover, the developer can transfer you to an area that is undeveloped in order to create space for an allottee that is ready to build immediately.
16. Where do I make payments?
A: Cash payments/transfer should be deposited in any of the underlisted banks or you make a bank draft or cheque in favour of LANDMARK CORPORATE REALTY LTD
ZENITH BANK A/C NO: 1012572897 / GTB A/C NO: 0117136776

For inspection and more information, please contact Ayobayo Babade of Tope Babade & Co (Real Estate Consultants) on +2348138344488.

Thank you.

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