Key details

Type

Mixed-use Land

Address

Garki

Property Use

Mixed

Square meters

7,390 sqm

Type of Purchase

Outright Price

7390sqm Mixed-Use Land for Joint Venture in Garki Highlights

• Prime Garki Location — Garki is a well-established district known for its commercial and residential significance. It offers excellent accessibility and is a hub for business activities.
• Versatile Mixed-Use Zoning — Mixed-use land allows for a combination of residential, commercial, and sometimes light industrial developments. This flexibility can maximize property value and utility.
• Significant Land Area — A large plot of this size provides ample space for substantial development projects. It offers potential for various building configurations and amenities.
• Development Potential — Mixed-use properties can cater to diverse needs, attracting a broader range of tenants or buyers. This can lead to robust rental income and capital appreciation.
• Infrastructure Access — Properties in established areas like Garki typically benefit from existing infrastructure, including road networks, utilities, and public services.

Description

• 7390 sqm mixed-use land available for joint venture in Garki. • Title: Certificate of Occupancy (Commercial Unspecified). • Ideal for development of apartment buildings, mixed-use complexes, or hotel apartments. • Land value assessed at NGN 3 billion. • Proposed 50:50 sharing formula. • No premium required. • Note: A water channel passes through the land, as indicated in the second slide.

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