Maitama Main Multi-Purpose Plot - Distress Sale

Maitama Main Multi-Purpose Plot - Distress Sale - 1
1 / 4

Price Analysis Above Market

Based on 122 similar listings

Market Demand

High Demand

Details

Type
Mixed-use Land
Title
Certificate of Occupancy
Address
Beside Dunnes, along Aguiyi Ironsi Way, Maitama Ma
Agent Fee
₦ 5
Listing by
Agent
Property Use
Mixed
Square meters
2,391 sqm
Type of Purchase
Outright Price

Maitama Main Multi-Purpose Plot - Distress Sale Highlights

  • Prime Maitama Location: Maitama is a highly sought-after district known for its upscale residential and commercial properties. Its strategic position offers excellent connectivity and proximity to key government institutions and business hubs.
  • Mixed-Use Development Potential: This type of land is zoned for mixed-use, allowing for a combination of residential, commercial, or institutional developments. This flexibility caters to diverse investment strategies and urban planning needs.
  • Certificate of Occupancy Title: A Certificate of Occupancy (C of O) is a legal document that grants the holder the right to use and occupy a piece of land for a specified period. It signifies a secure and recognized land title.
  • Generous Plot Size: The substantial land area provides ample space for various development projects, from individual luxury homes to commercial complexes or mixed-use buildings. This size allows for comprehensive planning and execution.
  • Established Infrastructure Access: Properties in established areas like Maitama typically benefit from existing infrastructure, including access to utilities such as water, electricity, and road networks. This reduces development lead times and costs.

Description

• Prime 2,391m² multi-purpose plot in Maitama Main, facing a major road (Aguiyi Ironsi Way). • Unique opportunity as the only undeveloped multi-purpose plot in the immediate area. • Title: Registered Certificate of Occupancy (R of O) with C of O ready for collection. • Strategic location offering high visibility and accessibility for commercial or mixed-use development. • Distress sale price of ₦3 Billion NET, reflecting urgency. • Inspection required prior to viewing property documents.

Compare

Maitama Main Multi-Purpose Plot - Distress SaleThis item
Maitama Main Multi-Purpose Plot - Distress Sale
₦ 3,000,000,000
1500sqm Commercial Land for Sale in Wuse 2, Abuja
1500sqm Commercial Land for Sale in Wuse 2, Abuja
₦ 2,600,000,000
1100sqm Residential Plot for Sale in Maitama
1100sqm Residential Plot for Sale in Maitama
₦ 2,500,000,000
TypeMixed-use LandCommercial LandResidential Land
TitleCertificate of Occupancy——
AddressBeside Dunnes, along Aguiyi Ironsi Way, Maitama MaAbancarsMaitama by transcorp
Agent Fee₦ 5——
Listing byAgent—Agent
Property UseMixedCommercialResidential
Square meters2,391 sqm1,500 sqm1,100 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 3,000,000,000₦ 2,600,000,000₦ 2,500,000,000