₦ 3,000,000,000
Joint Venture Development Opportunity - Monastery Road, Sangotedo

1 / 4
Price Analysis Above Market
Based on 1050 similar listings
Market Demand
High Demand
Details
- Type
- Mixed-use Land
- Title
- Certificate of Occupancy
- Address
- Monastery Road, Sangotedo
- Access Road
- Paved Road
- Property Use
- Mixed
- Square meters
- 50,838 sqm
- Type of Purchase
- Outright Price
Joint Venture Development Opportunity - Monastery Road, Sangotedo Highlights
- Prime Location & Accessibility: This property is situated in Sangotedo, a developing area with increasing commercial activity. It benefits from access via a paved road, ensuring ease of transportation and logistics.
- Significant Land Area: With over 50,000 square meters, this plot offers substantial space suitable for large-scale development projects. Its size allows for diverse building options and future expansion.
- Mixed-Use Development Potential: The land is zoned for mixed-use, making it ideal for a combination of residential, commercial, or retail spaces. This versatility can maximize return on investment.
- Legal Title Certainty: The presence of a Certificate of Occupancy indicates that the land has been legally approved for development and use. This provides buyers with assurance regarding land ownership and legality.
- Outright Purchase Option: This property is available for an outright purchase, offering a straightforward transaction process for interested buyers. It allows for immediate control and planning.
Description
• 50,838 sqm (approximately 80 plots) of prime, titled land directly on Monastery Road, Sangotedo. • Strategic location 200 meters from the Coastal Road, offering excellent connectivity within the Lekki Peninsula. • Ideal for large-scale developments such as a master-planned estate or phased residential projects. • Certificate of Occupancy (CofO) title ensures legal clarity for development. • Flexible JV structure and sharing formula open for negotiation with suitable development partners. • Total land value estimated at ₦3.6 billion, with a 10% facilitator's fee of ₦360 million.
Compare
This itemJoint Venture Development Opportunity - Monastery Road, Sangotedo ₦ 3,600,000,000 | ![]() 10,000 Acres Farmland for Sale in Imeko Afon, Ogun State ₦ 3,000,000,000 | ![]() 5,200sqm Residential Land for Sale, Katampe Main ₦ 3,500,000,000 | |
|---|---|---|---|
| Type | Mixed-use Land | Farmland | Residential Land |
| Title | Certificate of Occupancy | — | Certificate of Occupancy |
| Address | Monastery Road, Sangotedo | Imeko Afon | Along Emmanuel Ogalla road, Katampe |
| Access Road | Paved Road | — | — |
| Property Use | Mixed | Mixed | Residential |
| Square meters | 50,838 sqm | 4,047 sqm | 5,200 sqm |
| Type of Purchase | Outright Price | Outright Price | Outright Price |
| Price | ₦ 3,600,000,000 | ₦ 3,000,000,000 | ₦ 3,500,000,000 |
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