2,000 Sqm Distressed Land In Abacha Estate, 2nd Avenue
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Property Description
Distressed Land For Sale in Abacha Estate, 2nd Avenue
2,000 SQM C of O ₦1.8M per SQM Net With Vacant Dilapidated Structure
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Property Overview
- Location: 2nd Avenue, Abacha Estate, Lagos
- Land Size: 2,000 SQM
- Price per SQM: ₦1,800,000
- Total Price: ₦3,600,000,000 (Net)
- Title: Certificate of Occupancy (Lagos State C of O)
- Existing Structure: Dilapidated block of flats (vacant)
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Key Highlights
- Prime Abacha Estate Location -- Well-established, high-demand estate in Lagos
- Distressed Sale Opportunity -- Priced attractively for quick disposal
- Clear Title -- Lagos C of O ensures secure and straightforward ownership transfer
- Redevelopment Potential -- Ideal for demolition and new development
- Vacant Possession -- No occupancy issues, ready for immediate development
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️ Development Potential
- Luxury Residential Estate
- Modern Apartment Complex
- Mixed-Use Development
- Commercial Plaza
- Corporate Housing
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Location Benefits
- Prestigious Abacha Estate -- One of Lagos' most sought-after residential estates
- Excellent Infrastructure -- Well-planned estate with good roads and amenities
- Secure Environment -- Gated community with controlled access
- Strategic Location -- Easy access to major business districts and amenities
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Investment Analysis
- Total Investment: ₦3.6 Billion (Net)
- Land Value: Prime estate location justifies premium pricing
- Redevelopment Advantage: Existing structure can be demolished for new project
- Strong Appreciation Potential: Abacha Estate continues to see value growth
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Urgent Sale Opportunity
This distressed property offers a rare chance to acquire prime land in Abacha Estate at a competitive price.
Perfect for:
- Property Developers
- Real Estate Investors
- Construction Companies
- Corporate Organizations
Contact immediately for:
- Site inspection
- Title verification
- Development consultation
- Purchase negotiation
Don't miss this new arrival in Abacha Estate -- a prime distressed property ready for redevelopment!
Property Details
| Property Ref: 3192397 | Added On: 08 Nov 2025 | Last Updated: 08 Nov 2025 |
| Market Status: Available | Type: Residential Land | Total Area: 2,000 sqm |
| Covered Area: 2,000 sqm |
Interesting Facts
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Leisure and Shopping
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
Popular Estates
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
Day Life
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Night Life
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Schools
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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Disclaimer
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No 60 Chris Idowu Street Ejigbo Isolo, Isolo, Lagos, Nigeria
0803 XXXX Show Phone
08036503218
Registered 3 months ago
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