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Available for sale is a property with demolish able structures located within the mixed development neighborhood of Amuwo Odofin Scheme, Lagos. The property has land size of approximately 3400 square meters with accessibility and frontages directly on Festac Link Road as well as Odusanya Oduguwa Crescent.
The property is located within the commercial, industrial and residential hubs of Amuwo Odofin having well tarred, drained and good networks of roads connecting Festac, Okota, Mile 2, Apapa and adjourning neighborhoods. Prime areas and notable landmarks such as; Lagos International Airport, Lagos Seaports, Lagos Trade fair Complex are easily accessible from the location of the property.
The property is very ideal for development of commercial buildings which could be used for Corporate offices, Banking, Service Industry, Logistic Center, Hotel, Shopping Malls, Retail Stores/Suite, Warehouse/storage facility, etc. Aside the fact that the property can also be used for development of residential estate which can accommodate several units of apartments on multiple levels, other permissible uses such as Religious Center and Recreational center can be permitted.
The neighbourhood is fully developed with high yield and growth rate especially if considered for investment purpose.
Property Ref: 862591 | Added On: 16 Feb 2021 | Last Updated: 04 Oct 2021 |
Market Status: Not Available | Type: Commercial Land |
Festac Town is a treasure trove of captivating details. Among these, a standout fact is its genesis as the venue for the remarkable FESTAC '77 festival—notably, the majority of the residents in this locale hail from the eastern reaches of Nigeria. Additionally, Festac hosts an innovative information-sharing platform, ensuring its inhabitants are consistently well-informed.
Festac Town is renowned for its well-organized residential neighborhoods, commonly known as "estates," which play a crucial role in shaping the town's identity and offering a variety of living spaces for its inhabitants. Notable estates in Festac Town include Unity Estate, Apple Estate, Lake View Estate, Golden Estate, Cooperation Estate, Diamond Estate, and Greenville Estates.
In Festac, the day life is a vibrant blend of diverse culinary delights, outdoor activities, and immersive cultural engagement. Residents and visitors alike can enjoy attractions such as Frankids Amusement Park and Victory Park, catering to kids and adults. When it comes to dining, an array of eateries including Woody Lounge, Bejoy Restaurant, Native Food Restaurant, Mamboo Restaurant, and Nibbles Cuisine, among others, contribute to the rich gastronomic tapestry of Festac Town, forming an integral part of the town's bustling day life.
Read the full area guide for Festac, Amuwo Odofin, Lagos.
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