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Bungalow For Urgent Sale - Properties - Nairaland

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Bungalow For Urgent Sale by popoyeh(m): 2:27pm On May 28, 2015
This bungalow is for sale and can either be demolished or renovated. It used to be used as a school and it is located on Araromi Street, accessible through Wey Street, off Agege Motor Road, Mushin.

The bungalow is situated at the intersection of two streets and it is in a mixed use area of commercials and residentials.

Land Size: 278Sqm
Price:- 10m Asking.

Contact:-
REALTY Lutay
+234 809 323 4522
+234 705 700 4909
realtylutay@gmail.com

Re: Bungalow For Urgent Sale by Melahou(m): 3:31pm On May 28, 2015
this one is Bungilo...

2 Likes

Re: Bungalow For Urgent Sale by popoyeh(m): 7:44am On Jun 08, 2015
Still available!
Re: Bungalow For Urgent Sale by ganny1: 11:25pm On Jun 09, 2015
What is d size of d land? Reply me on kotgan2k3@yahoo.com
Re: Bungalow For Urgent Sale by Empiree: 12:11am On Jun 10, 2015
popoyeh:
This bungalow is for sale and can either be demolished or renovated. It used to be used as a school and it is located on Araromi Street, accessible through Wey Street, off Agege Motor Road, Mushin.



Price:- 10m Asking.


You need to be real. @ underlined, if a property has to be renovated or demolished as you suggested, that means it's not really livable 100% for decent person.

Regardless of location, regardless of size and regardless of what it was used for, the price need to come down. You have to understand that buyers also think objectively. For instance, if i have to put 10m on this house in a rough location, I am sure I can build a beautiful detached bungalow in a nicer peaceful location for the same price tag. Think twice man and exercise advance market strategy in order to get this house sold faster.

#justsaying
Re: Bungalow For Urgent Sale by popoyeh(m): 1:04pm On Jun 15, 2015
Empiree:
You need to be real. @ underlined, if a property has to be renovated or demolished as you suggested, that means it's not really livable 100% for decent person.

Regardless of location, regardless of size and regardless of what it was used for, the price need to come down. You have to understand that buyers also think objectively. For instance, if i have to put 10m on this house in a rough location, I am sure I can build a beautiful detached bungalow in a nicer peaceful location for the same price tag. Think twice man and exercise advance market strategy in order to get this house sold faster.

#justsaying

@ Empiree

Thank you for sharing your opinion.

Firstly, for this property, renovation or total demolition is dependent on your purse and the purpose you are acquiring the bungalow for. Someone with a low budget can acquire it, spend some money to put it into good shape and give it out on a long commercial lease. Another person with a bigger purse or budget can acquire it, pull it down totally and put a multi-storey block of flats with ground floor shops, multi-storey warehouse, hospital or school on the land.

Secondly, the location of this property is not the kind of place where you will like to put "a beautiful detached bungalow"! The location is mostly commercial than residential, although other multi-storeyed structures around have residences on their upper floors.

Thirdly, this location is not ideal for a property buyer looking for a place to build a detached bungalow as a personal home, it is more of a buy-as-an-investment location. It is within a bustling market in Mushin which is why I think it is a steal for the quoted price.

Finally, seeing is believing! I would love to show you this property for you to have a better understanding of its selling points.

Once again, thanks for sharing your opinion.
Re: Bungalow For Urgent Sale by Empiree: 8:07pm On Jun 17, 2015
You welcome. Understood.

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