Lucrative 2300sqm Parcel Of Land On Offer

For Sale --- Prime 2,300 sqm Development Parcel (Partitioned) ---
Avenue Zone B Suitable for High‑Rise / Multi‑Floor
₦4,800,000,000

Overview: Rare development opportunity in Avenue Zone B: a strategically located, partitioned land parcel totaling 2,300 sqm offered for sale at ₦4.8 billion. The site is ideal for multi‑storey, high‑density development (office tower, residential apartments, mixed‑use podium), offering immediate scale in a sought‑after urban location. This is a straightforward buy‑and‑build plot for experienced developers or institutional investors seeking a flagship project.

Property summary

- Location: Avenue Zone B (prime urban corridor)
- Site area: 2,300 sqm (partitioned as required)
- Asking price: ₦4,800,000,000 (Four billion, eight hundred million Naira)
- Suitability: Designed for multiple floors / high‑rise schemes --- excellent for residential towers, Grade A offices, hotel or mixed‑use development
- Title & documents: Available on request to qualified buyers (buyer's solicitor to verify)

Strategic advantages

- Size & scale: 2,300 sqm provides sufficient footprint for a high‑rise massing with podium car park, amenity spaces and service yards --- rare nearby opportunities of this scale.
- Location uplift: Avenue Zone B command area benefits from strong demand drivers (corporate occupiers, residents and retail) supporting premium pricing and rapid offtake.
- Development flexibility: Partitioned layout allows phased delivery, plot consolidation or bespoke design solutions to suit market strategy.
- Value creation: Large format plot in a growth corridor supports attractive returns for quality high‑rise product.

Suggested development concepts

- Landmark mixed‑use tower: retail podium with commercial offices and luxury residential above
- Luxury residential high‑rise or serviced apartments targeting premium end buyers and expatriates
- Grade A office building / corporate HQ with integrated parking and F&B outlets
- Branded hotel with conference facilities and retail activation at ground level
- Multi‑phase masterplan: initial towers with future expansion on partitioned sections

Due diligence & recommended checks
Prospective buyers should undertake the following prior to commitment:

- Title verification: obtain certified title documents and instruct solicitors for chain of ownership and encumbrance search.
- Survey: certified site survey and boundary verification (confirm partition details and coordinates).
- Planning review: confirm allowable coverage, floor‑space ratio (FSR), height limits, setbacks and parking requirements with the local planning authority.
- Technical investigations: geotechnical / soil report, topographic survey and drainage/flood risk assessment.
- Utilities & services audit: confirm power, water and telecom availability and capacity; estimate upgrade/connection costs.
- Environmental & traffic: EIA screening and access/traffic impact assessment for high‑rise use.

Commercial & transaction process

1. Submit Letter of Intent (LOI) with buyer/company profile and proof of funds.
2. On qualification, certified title and survey will be released under NDA for review.
3. Site inspection and technical meetings arranged for shortlisted buyers.
4. Negotiate Heads of Terms (price, deposit, timeline and any partition mechanics).
5. Execute sale agreement and complete via solicitor‑led conveyancing.

Why act now
Large, development‑scale plots suitable for high‑rise projects in Avenue Zone B are limited. Securing this parcel allows an investor or developer to deliver a premium project with strong market demand and clear value creation pathways.

NoteAll particulars are provided in good faith and should be independently verified. Price, availability and partition details are subject to prior sale and negotiation.

Ref: Nnedu