Land For Sale In Cherrywood Courts Osokoro Ibeju Lekki Lagos

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Cherrywood Courts Estate can best be described as a safe haven, a place of peace and tranquillity and a place where you can call a real home and investment.

This attractive and alluring estate is highly seated on a parcel of land of over 60 acres in Osoroko town along the Lekki Free Trade Zone road, Ibeji Lekki, Lagos.

Location: Osoroko, 7 minutes drives from the Lekki Free Trade Zone/Dangote’s Refinery Ibeju Lekki Lagos.

Plot size: 60ft by 120ft (648sqm)

Land Title: Global C of O

Estate Benefits

  • Heavily gated house
  • Perimeter fencing
  • Good drainage system
  • Good accessible road networks

Property Benefits

  • Affordability
  • Prime Location
  • Flexible payment plan for up to 3 months
  • High Return on Investment

Full Plot Price: N3million one time payment

Half Plot Price: N1.6million one time payment

3 months installment plan is available for full plot.

Cherrywood Courts Land Inspection

Frequently Asked Questions about Cherrywood Courts

What types of infrastructure will the developer provide?

Perimeter fencing Earth road and Gate house.

Would there be any development levy?

Yes, there is a development levy of N150,000 PER PLOT and other applicable fees.

The land application form will have more details on this.

Would there be any survey/allocation fee?

Yes, there will be a total of N150,000 PER PLOT for survey/allocation fee.

Would there be an Agreement fee?

Yes, there would be an Agreement fee of N50,000 PER PLOT.

When will my plot(s) be allocated to me?

Immediately after the 100% payment for the land, documentation of land agreement and survey/allocation fees is made.

What do I get after completion of payment for the land?

Receipt, letter of allocation and deed of assignment.

What type of Title does CheryWood Courts have on the land?

Deed of Agreement with Land Owners and Lagos State Government Approved Survey Plan and Layout Plan, Global C of O

Can I pay a deposit and pay balance anytime within the duration of tenure chosen?

After the payment of the initial deposit you are expected to pay the balance monthly. Nonpayment monthly as at when due will be treated as fundamental breach of contract which can result to 5% monthly late charges.

Is there any extra cost required to have a corner piece plot?

Yes, Corner piece attracts a 25% surcharge

What does it take to acquire a commercial plot?

Commercial plots attracts a 25% surcharge, relocation of said plot(s).

Can I start construction or building on the land now?

You can start building on the land after physical allocation and payment of the stipulated Survey fee and development levy.

Is the road to the Estate motor able?

Yes the road to the estate is motor able

Is there any time limit to commence work on my land after allocation?

No there is no time limit to commence work.

Can I re-sell my plot/property?

The company can buy back plots from subscribers who have paid up on their land or assist them to get a buyer.
A charge of 30% (agency fee) which is deducted from purchase / selling / current price in both cases.

What is the size of the plot?

60 ft. X 120 ft.

What is the size of the half-plot?
30ft X 120 ft

Is there an installment plan for both full plot and half-plot?

We only have installment plan for full plot and there is no installment plan for half-plot.

If I paid outright payment for my plot(s) and I’m no longer interested, can I get a refund?

Yes, you can get a refund however there is a strict 40% administrative and agency fee.

If I paid outright for my plot(s) and cannot complete payment on other stipulated fees, can I get a refund?

There is a 90 day deadline after payment of plot(s) to complete payment on survey/allocation and land agreement fees to avoid loss of allocation or been relocated to another estate.

If I was on the installment payment plan and cannot continue with the payment. Can I get a refund?

Yes, you can get a refund however there is a strict 40% administrative and agency fee.

For how to make payment for this property and to book a date for physical inspection of the land call/whatsapp me on 09071070691.

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