5 Contiguous Plots Of Prime Development Land

Listing title
Investor Opportunity --- JV or Outright Sale ---
5 Plots Behind Awolowo House, Ikeja
₦3,000,000,000
Governor's Consent & Receipt


Overview
Prime development or investment land in central Ikeja --- available for joint‑venture partnership or outright sale. The offering comprises five contiguous plots located behind Awolowo House, a strategic and well‑served location in Ikeja with excellent access to commercial hubs and transport links. Title position is by Governor's Consent with supporting receipt. The seller is open to JV structures (land‑for‑equity) or direct purchase by a qualified buyer. Ideal for developers, institutional investors or owner‑occupiers seeking a high‑value mainland asset.

Property summary

- Property type: Vacant development land (5 contiguous plots)
- Location: Behind Awolowo House, Ikeja, Lagos --- highly accessible commercial and residential corridor
- Total size: 5 plots (individual plot sizes to be confirmed on enquiry)
- Title: Governor's Consent and official receipt (certified copies available for qualified buyers)
- Price: ₦3,000,000,000 (Three billion Naira) --- available for JV or outright sale

Location & strategic advantages

- Central Ikeja advantage: close proximity to Allen Avenue, Ikeja GRA, government offices, banks, retail and transport nodes --- strong demand for commercial, residential and mixed‑use product.
- Excellent visibility and accessibility for corporate occupiers, retail anchors and institutional tenants.
- Strong tenant pool: professionals, corporates, retail and healthcare operators actively seek space in Ikeja's core catchment.

Suggested development uses

- Office park, corporate headquarters or multi‑tenant commercial building
- Mixed‑use scheme: retail podium with commercial offices and residential apartments above
- Hotel or serviced apartments targeting business travellers and visiting executives
- Institutional or medical facility (clinic, diagnostic centre)
- Buy‑and‑hold landbank for capital appreciation or phased development

Commercial options & structures

- Joint Venture (JV): Landowner willing to consider land‑for‑equity or profit‑share structures --- suitable for developers seeking reduced upfront land cost.
- Outright sale: Single purchaser acquisition at the asking price with standard conveyancing.
- Flexible commercial terms: Owner is open to sensible negotiations on payment structure, staged acquisition or development partnership frameworks for credible parties.

Title & documentation

- Title position: Governor's Consent with official receipt --- certified documents available for legal verification.
- Buyers should instruct solicitors to verify the title, chain of ownership and any conditions attached to the Governor's Consent.

Due diligence & recommended checks
Prospective buyers / JV partners should carry out the following prior to commitment:

- Legal title verification and solicitor searches on Governor's Consent and receipt.
- Obtain certified site survey and plan showing exact plot sizes and coordinates.
- Confirm planning/zoning permissions with Lagos State planning authority and allowable coverage/height.
- Conduct geotechnical and environmental assessments if required for intended development.
- Verify utility availability (power, water, drainage) and estimate connection or upgrade costs.
- Check for outstanding rates, levies or statutory obligations on the land.

Transaction process & next steps

1. Submit a Letter of Interest (LOI) with buyer/partner profile and proof of funds or bank reference.
2. Qualified parties will be given certified title documents and a site inspection appointment.
3. Negotiate Heads of Terms (HoT) for JV or outright purchase --- include payment schedule, deposit, timelines and any facilitator/agency fees.
4. Execute formal sale agreement or JV agreement following satisfactory due diligence and legal review.
5. Complete transfer via solicitors and register transaction as required.

Viewing & qualification

- Viewings: By appointment only for pre‑qualified buyers --- proof of funds will be required prior to full document release and site access.
- Preferred buyers: institutional developers, property funds, high‑capacity developers and credible corporate purchasers.

Why buy / invest

- Central Ikeja location with multiple end‑use possibilities and strong commercial demand.
- Clear title documentation (Governor's Consent) simplifies acquisition for qualified buyers.
- Flexible seller options (JV or outright) allow investors to tailor transaction to capital strategy.
- Scarcity of large contiguous plots in Ikeja increases long‑term value and development potential.

Contact / submit LOI
To request certified documents, arrange a private inspection or submit an LOI, contact:

The Build Centre Properties Ltd (Facilitator)Phone: +234 708 056 2616 +234 814 455 0891Email: [email protected]

Disclaimer
All information provided is in good faith and should be independently verified. Price and availability are subject to prior sale and negotiation. Prospective buyers must undertake full legal, technical and financial due diligence prior to completing any transaction.

Ref: Efosa