For sale: Mixed Used Lands For Sale At Cherry Park Estate Off Lekki Epe Expressway, Epe Local Government(buy 5 Get 1 Free)

Land For Sale Ilamija Nla Village, Off Lekki Epe Expressway, Epe Local Government Area Ibeju-Lekki Lagos selling for ₦675,000. See property details on PrivateProperty.ng or browse all our range of properties in Ibeju-Lekki Lagos

CHERRY PARK ESTATE is situated at Ilamija-nla Village, Off Lekki-Epe Expressway, Epe Local Government Area, Lagos State and it consists of several plots of lands located in an area with accessible road network. PWAN STARS ESTATES AND CONCERNS LTD. are the owners/developers of Cherry Park Estate. The land is free from every known government acquisition or interest and adverse claim.

Title of Land: Registered Survey.

PAYMENT STRUCTURE? (Outright and Installment Payment)
A. Land size: 450 SQM
i. (Outright - N675,000)

ii. 6 Months plan - N740,000
Price: (N200,000 upfront - N90,000 monthly for 6 months)

iii. 12 Months plan - (N840,000)
Price: (N70,000 monthly for 12 months)


B. 600 SQM
i. Outright - (N950,000)
II. 6 Months plan - (N1,100,000)

Price: (N200,000 upfront – N150,000 monthly for 6 months)

iii. 12 Months plan - (N1,200,000)

Price: N100,000 monthly for 12 months


Failure to abide by the agreed payment period shall attract default penalty of N10,000 (Ten Thousand Naira) per plot for every month of default.

Plot Size: 450 SQM and 600 SQM

Allocation is done immediately after completion of payment.

The road to the estate is motorable.

OTHER PAYMENTS TO MAKE APART FROM THE PAYMENT FOR THE LAND
A. Development Levy To be determined
B. Demarcation Fee N50,000 Per Plot
C. Deed of Assignment N200,000 Per Plot
D. Provisional Survey N100,000 Per Plot


E. Corner Piece Plot Attracts 10% Premium
F. Commercial Plot Attracts 10% Premium
Please note that all fees and levies are subject to review depending on prevailing circumstances

After completion of payment for the land and before physical allocation.

After Initial Deposit, you get a Receipt and Letter of acknowledgment.

After completing payment for the land you get:
(i) Completion Payment Receipt
(ii) Contract of Sales
(iii) Allocation Notification Letter

All clients are encouraged to commence perimeter fencing of allocated land immediately after physical allocation is done.

You can start construction or building on the land Upon payment of the survey plan, deed of assignment and upon obtaining all necessary approvals.

The purchaser is encouraged to commence construction within a period of one year from the date of physical allocation.

The estate layout is in sections and you are limited to build houses on each section based on designated use or plan for that section (Commercial or Residential) i.e. Bungalow, Block of Flats, detached houses (duplex). Note “Face-me-I –Face–you” (Tenement Building) and high-rise houses
will not be permitted. All building design must conform to the required set back of building control of the estate and such design would be approved by the company and with Lagos State afterwards.

Assignment of purchased property to third parties requires the consent and approval of PWAN STARS (“the Company”) for proper execution and transfer of title documents. A Charge of 10% of the land consideration (Covering Transfer Documentation Fee shall be paid to the Company by the
buyer.

We strongly advise that cash and/or cheque payments or direct transfers should only be made to PWAN STARS ESTATES & CONCERNS LTD at its designated Bank. We shall not accept any responsibility for any liability that may arise as a result of a deviation from the above instruction.

Where a subscriber elects to terminate the purchase contract for any reason whatsoever, the company shall be required to refund the deposits made within a period of three months, and a further two months if the process is not completed within the first three months, less 30% of the sum contributed to cover administrative and other fees.

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