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Location: Pampo Village Asa Local Government Area, Kwara State.
There is 21.87 acres of land with at least 600 matured cashew trees available for sale at Pampo village Asa Local Government Area, Kwara State. It is not a distress sale and the owner is selling because he is not available in person to run the farm.
The farm is 21.87 acres of land with a farm building which has space for living, storage, a courtyard, and a well.
Asking price is Twenty-Seven Million Naira (N27, 000, 000).
Prospect and Price Justification:
Assuming is matured cashew tree goes for 15, 000 Naira
15000 X 600 (trees) = 9, 000, 000
Each tree has a capacity to produce 5kg of cashew nuts a year with prospects for to increase yield as the trees grow older (They are about 6 years on the average). 5 kg of cashew can be sold for between 1500 and 2500 depending on the price of cashew for the particular year.
In essence, each tree can give you at least 10% of your investment on it per year, with nothing loss, because the land and trees are yours forever.
You get a farm house as described above and you still have a large chunk of land that you could use for other activities of your choice- crop farming or livestock farming.
There is security on the ownership of the land, it has a certificate of Occupancy.
For Enquiries and Interest, please contact:
O.B. John-Ake Esq
K.S. Afolayan & Co.
190 Ibrahim Taiwo Road Ilorin Kwara State
08060236300
08079720979
Property Ref: 1683498 | Added On: 03 Apr 2023 | Last Updated: 10 Aug 2023 |
Market Status: Not Available | Type: Mixed-use Land | Total Area: 88,505 sqm |
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