JV Opportunity: Carcass Building on 8,000sqm Land in Kaura District, Abuja

JV Opportunity: Carcass Building on 8,000sqm Land in Kaura District, Abuja - 1
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Price Analysis Above Market

Based on 1961 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy
Address
Kaura District, Abuja
Agent Fee
₦ 10
Listing by
Agent
Access Road
Dirt Road
Property Use
Residential
Square meters
8,000 sqm
Type of Purchase
Outright Price
Development Status
Cleared

JV Opportunity: Carcass Building on 8,000sqm Land in Kaura District, Abuja Highlights

  • Prime Abuja Location: Kaura District is a developing residential area in Abuja, offering potential for growth and investment. Its proximity to key city areas makes it an attractive location.
  • Generous Land Size: An 8000 square meter plot provides ample space for various residential development options. This size is suitable for building multiple units or a large estate.
  • Residential Zoning: Designated for residential use, this land is ideal for constructing homes. It aligns with the typical development patterns of established neighborhoods.
  • Clear Title Deed: A Certificate of Occupancy (C of O) signifies a legally recognized right to occupy and use the land. This is a crucial document for property ownership in Nigeria.
  • Ready for Development: The land is cleared, meaning initial site preparation has been completed. This reduces the immediate workload and cost for prospective developers.
  • Access Road Condition: Access via a dirt road is common in developing areas. While functional, future development may necessitate upgrades to paved surfaces for improved accessibility.

Description

• Development opportunity on approximately 8,000sqm of land in Kaura District, Abuja. • Features an existing carcass-level building, offering a head start for construction. • Prime location within Kaura District, a developing area with potential for residential or mixed-use projects. • Title is a Certificate of Occupancy (C of O). • Proposed sharing ratio: 60% for the developer and 40% for the landowner. • Land value to be discussed, indicating flexibility in negotiation. • Access road is currently a dirt road, common in developing areas.

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TypeResidential LandResidential LandResidential Land
TitleCertificate of OccupancyCertificate of OccupancyCertificate of Occupancy
AddressKaura District, AbujaKarmo Abuja by Nizamiya hospitalKarmo Abuja (Landmark Nizamiya hospital)
Agent Fee₦ 10——
Listing byAgentOwnerOwner
Access RoadDirt RoadPaved RoadPaved Road
Property UseResidentialResidentialResidential
Square meters8,000 sqm1,264 sqm1,264 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusClearedFully DevelopedFully Developed
Price₦ 300,000,000₦ 250,000,000₦ 250,000,000