2.35 Hectares Mixed-Use Land

Property Details Location: Wuye, Abuja, FCT Property Type: Mixed-Use Land Land Size: 2.35 Hectares Equivalent Land Area: Approximately 23,500 SQM Transaction: For Sale Title: Fcda Right of Occupancy stated Asking Price: ₦2,200,000,000 Net Professional Fee: 5% Development Potential The 2.35-hectare landholding provides a substantial development footprint for a mixed-use project, subject to the applicable planning regulations, approved land use, development controls and infrastructure requirements. Given the scale of the site, prospective developers should establish the permitted development parameters, including allowable uses, density, building height, setbacks, access requirements, parking provisions and other applicable planning conditions before finalising any development concept. Zahari View This is a large-scale mixed-use land opportunity located in Wuye, Abuja, with a stated land size of 2.35 hectares. The size of the property may provide room for a sizeable development scheme combining different permitted uses, subject to the applicable planning framework and approvals. At a net asking price of ₦2.2 billion, the acquisition represents a significant development commitment. The professional fee is stated at 5%, and prospective buyers should request a complete breakdown of all transaction-related costs before proceeding. The stated fcda Right of Occupancy should also be independently verified, including the property's ownership, plot allocation, land use, conditions of grant and any restrictions or encumbrances. Property Highlights 2.35 hectares of land. Approximately 23,500 SQM. Located in Wuye, Abuja. Mixed-use designation stated. Fcda Right of Occupancy stated. ₦2.2 billion net asking price. 5% professional fee. Substantial site suitable for consideration for large-scale development, subject to planning approval. Why This Property Deserves Attention The scale of the landholding is one of its defining characteristics. A 2.35-hectare site provides considerably more development flexibility than a conventional single-plot acquisition, but its commercial value ultimately depends on what can legally and practically be developed on the site. For a mixed-use opportunity of this scale, developers should undertake a detailed feasibility assessment covering planning parameters, infrastructure, access, construction requirements, market demand and projected development costs. Buyer's Perspective Before committing to the acquisition, prospective buyers should confirm: Exact location and plot boundaries. Survey plan and surveyed area. Authenticity and status of the fcda Right of Occupancy. Ownership and seller's authority to transact. Approved land use. Applicable planning and development controls. Permitted density and building height. Setbacks and site coverage. Road access and connectivity. Parking requirements. Drainage and infrastructure conditions. Availability of utilities. Existing encumbrances or restrictions. Development approval requirements. Complete transaction costs. Current availability. Investment Perspective At ₦2.2 billion net, the land acquisition should be assessed as part of a complete development model. A developer should account for the acquisition price, 5% professional fee, legal and statutory costs, planning and design fees, infrastructure, construction, financing, marketing and other project expenses. The proposed development should then be tested against achievable market values, demand, development timelines and the applicable planning framework. Any projected returns should be supported by an independent feasibility study and current market evidence. Investor / Buyer Note A site of this size requires detailed professional due diligence before acquisition. Prospective buyers should engage appropriate legal, surveying, planning, engineering and property professionals to independently verify the title, boundaries, land use, planning parameters, infrastructure requirements and development feasibility. Documentation Prospective buyers should request and review: Fcda Right of Occupancy. Survey plan. Evidence of allocation and ownership. Seller's authority to transact. Relevant fcda records and confirmations. Land-use and planning information. Development control requirements. Evidence of any encumbrances or restrictions. Transaction terms. Professional fee details. Applicable statutory and other transaction charges. Property Intelligence Beyond the Listing For a 2.35-hectare mixed-use site, the most important question is not simply the amount of land available, but how the entire site can be planned and developed within the applicable Abuja planning framework. A proper development appraisal should establish the development capacity of the site, infrastructure requirements, access arrangements, likely project costs and the commercial viability of the proposed scheme. The stated fcda Right of Occupancy and mixed-use designation should be independently confirmed before relying on them for investment or development decisions. Asking Price ₦2,200,000,000 Net Professional Fee: 5% For Enquiries & Inspections +234 907 301 3359 www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information contained in this listing is based on the details provided and remains subject to independent verification. The stated fcda Right of Occupancy, land use, boundaries, development parameters, infrastructure, access, professional fee, asking price and current availability should be independently confirmed before making payment or entering into an agreement.