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Listing title
For Sale --- Productive 60‑Acre Palm Farm with Farmhouse & Kaolin Deposit --- Iwofin, Aiyetoro/Imeko Road, Abeokuta, Ogun State ₦200,000,000
Overview
An established commercial palm tree farm available for sale in Iwofin, Abeokuta (Aiyetoro/Imeko Road). The holding comprises approximately 60 acres planted with mature oil palm trees (c.1,600 mature palms), a farm house and an on‑site kaolin occurrence. This turnkey agricultural asset suits investors, agro‑processors, plantation operators or diversified agribusiness groups seeking immediate production, value‑addition potential or landbanking within Ogun State.
Property summary
- Property type: Agricultural / plantation land (palm farm)
- Size: c. 60 acres (approx. 24.3 hectares)
- Mature trees: c. 1,600 oil palm trees (productive, plantation‑established)
- Ancillary features: Farm house (accommodation / offices), internal paths/tracks and basic farm infrastructure (subject to confirmation)
- Mineral occurrence: Kaolin present on site (prospective assay / commercial viability to be confirmed)
- Location: Iwofin, Aiyetoro/Imeko Road, Abeokuta, Ogun State --- accessible agricultural belt
- Title / documentation: Certified Survey Plan available (buyer to verify title documentation and chain of ownership)
- Asking price: ₦200,000,000 (Two hundred million Naira)
Key selling points
- Existing productive asset: Large number of mature palms in established plantation --- immediate potential for fresh fruit bunch (FFB) harvesting and supply to mills or on‑site processing.
- Dual‑value proposition: Agricultural revenue from oil palm plus potential value from kaolin (subject to assay, licensing and commercial permitting).
- Farmhouse & infrastructure: On‑site farmhouse provides operational base and accommodation for farm management.
- Strategic location: Accessible from Aiyetoro/Imeko Road and within reach of local processing mills and markets in Ogun and Lagos states.
Suitable buyers & opportunities
- Agri‑investors and plantation operators seeking immediate production and cashflow.
- Agro‑processors and palm oil refiners desiring guaranteed local feedstock.
- Investors wanting to expand into value‑addition (small‑scale milling, bottling of palm oil, biodiesel feedstock).
- Diversified land investors and mineral prospectors evaluating kaolin extraction potential.
- Joint‑venture partners in agribusiness, agro‑forestry or mixed farming.
What's included / available on request
- Survey plan (certified) --- available for review by qualified buyers and solicitors
- High‑level site description and farm layout (paths, planting blocks) --- photos and on‑site inspection recommended
- Information on existing farm operations (harvest schedule, labour arrangements, historical yields) --- to be provided where maintained by seller
Buyer due diligence checklist (recommended)
- Title verification: Confirm chain of ownership and legal status of the survey plan with buyer's solicitor and land registry.
- Yield & operations: Request historical production records (FFB yields), harvest schedules, labour contracts and sales records to assess revenue.
- Agronomy & condition: On‑site agricultural inspection for palm health, pest/disease status, replanting needs and projected productive life of palms.
- Kaolin evaluation: Independent geotechnical / mineral assay to determine kaolin quality, quantity and commercial viability; review required mining/permit framework.
- Environmental & regulatory: Confirm environmental constraints, wetlands, protected status or required EIA for mining/processing.
- Access & utilities: Verify road access, logistics to nearest processing mill, water sources (borehole/rivers) and power availability for processing.
- Equipment & workforce: Confirm whether farm machinery, processing equipment or workforce arrangements transfer with sale.
- Tax & statutory checks: Confirm outstanding rates, levies or agricultural land charges and obtain local government clearance where required.
Commercial & transaction notes
- Price: ₦200,000,000 --- open to serious offers from qualified buyers.
- Negotiation: Sale terms, deposit and completion timeline negotiable subject to legal due diligence and title verification.
- Transfer: Standard conveyancing to be handled by solicitors with buyer arranging searches and payments per agreed terms.
How to proceed / viewing
- Inspections: Site visits strictly by appointment for qualified buyers. Proof of funds and buyer identity required prior to full dossier and inspection access.
- Documents: Certified survey plan and basic farm information will be released to pre‑qualified parties on request.
- To express interest: Submit a Letter of Interest (LOI) with buyer/company profile and proof of funds.
Final note
This farm represents a rare combination of established agricultural production and mineral potential near Abeokuta. All information is provided in good faith and prospective buyers must undertake independent legal, technical and commercial due diligence prior to commitment.
Contact: Mr. Kola Adesina (EDBA)
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA.
Serious proposals only.
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Ref: Nnedu
Property Ref: 3107676 | Added On: 22 Sep 2025 | Last Updated: 22 Sep 2025 |
Market Status: Available | Type: Commercial Property | Total Area: 6,000 sqm |
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