Premium 21.7 hectares --- guzape ii, abuja
(minister's consent secured) ---
immediate close for qualified corporate buyer / developer ---
₦3,000,000,000
**full video available**
one-line summary
217,000 sqm (21.7 ha) of virgin land in guzape ii with minister's consent for r of o; r of o to be issued in buyer's company name following verification. purchase by qualified buyer on presentation of ₦3,000,000,000 bank draft for immediate possession.
key facts (concise)
- location: guzape ii, abuja.
- size: 21.7 hectares = 217,000 sqm.
- title/entitlement: minister's consent secured; r of o to be issued in buyer/company name after verification.
- asking consideration: ₦3,000,000,000 (total).
- implied price: ≈ ₦138,250,000 per hectare (≈ ₦13,825 per sqm).
- transaction structure: outright sale to a single qualified corporate buyer / developer. bank draft of ₦3,000,000,000 to be presented after r of o issuance and verification for immediate possession.
why this parcel is attractive
- ready entitlement: minister's consent already secured --- materially shortens time-to-titling and reduces title risk.
- strategic plot size: 21.7 ha is large enough for a high-margin gated estate, boutique mixed-use precinct or institutional land bank, yet compact for rapid development/phasing.
- fast close process: vendor's process enables on-site verification, issuance of r of o in buyer's company name and immediate handover on receipt of bank draft.
- premium market: guzape ii commands strong demand from upper-income residential buyers, embassies, corporate campuses and boutique hospitality operators.
highest-and-best-use (recommended)
- upscale gated residential estate (villas/townhouses with clubhouse, private school, lifestyle amenities).
- indicative: ~180--270 villa plots @ 800--1,200 sqm (layout dependent).
- boutique mixed-use precinct (low-rise serviced apartments, retail/f&b boulevard, professional suites).
- indicative: 300--600 apartment units depending on far and planning.
- luxury serviced residences / small hotel or corporate campus.
- strategic land bank for family office or institutional holder.
seller process --- step-by-step (exact)
1. qualified buyer introduces interest with proof of funds / bank comfort letter and company details.
2. buyer escorted to designated office by vendor for full document verification and on-site confirmation of minister's consent and supporting paperwork.
3. after successful verification, buyer submits company incorporation documents and particulars for issuance of r of o in the company's name.
4. when r of o is issued in buyer's company name, buyer presents the ₦3,000,000,000 bank draft as payment.
5. on acceptance of the bank draft, possession of the 21.7 ha parcel is handed to the buyer.
documents buyer must provide (to expedite r of o issuance)
- certified cac registration documents and memorandum/articles.
- board resolution authorizing purchase and signatories.
- ids and passport photographs of authorized signatories.
- tax clearance / company tax documents.
- proof of funds or bank comfort letter for ₦3,000,000,000.
- kyc documents and power of attorney if an agent is used.
documents seller will present at verification
- minister's consent paperwork.
- survey plan and site plan.
- proof of possession and ownership evidence.
- any preliminary planning approvals and eia status.
- tax clearance relating to the landowner (as available).
indicative timing (subject to authority action)
- verification & site due diligence: 3--10 business days after buyer introduction.
- r of o issuance in buyer's company name: typically 2--8 weeks (minister's consent in place should accelerate processing).
- possession: immediate following presentation/acceptance of the ₦3,000,000,000 bank draft per vendor process.
due diligence recommendations (brief)
- independent legal review of minister's consent documentation and process for r of o issuance.
- boundary/survey confirmation and geotechnical (soil) test.
- confirm utilities trunk availability (power, water, drainage).
- confirm absence of encumbrances with land registry search.
risk mitigants --- suggested buyer protections (matter-of-fact)
- use bank escrow or conditional release mechanism for the bank draft if required by buyer; agree conditions for release (r of o issuance and registration evidenced).
- engage independent counsel to hold funds or supervise handover if standard practice requires.
- structured acceptance: vendor to provide documented acceptance criteria showing r of o has been issued in buyer's company name before funds are cleared.
ideal buyer profile
- corporate developer, institutional investor or consortium able to raise bank-backed ₦3,000,000,000.
- track record in residential estates, mixed-use projects or capability to secure development finance quickly.
- willing and able to attend on-site verification and complete company registration steps for r of o issuance.
call to action --- next steps
1. submit loi + proof of funds / bank comfort letter and company cac documents.
2. sign any nda requested by vendor.
3. schedule verification visit at designated office.
4. complete verification r of o issuance present bank draft take possessi...
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