Interested in this property?
*PALMRICH ESTATE, PHASE 5, IWO ROAD, IBADAN!*
Palm tree is known as a great source of income in Nigeria because of its usefulness and the huge income from its bye-products.
*Introducing PalmRich Estate 5, Ibadan!*
Palmrich Phase 5 is a thriving Agro-Real Estate property, with an exclusive opportunity to own already fruiting Oil Palmtrees, allowing you to start harvesting and earning immediately you take possession This estate is suitable for instant returns as well as long-term passive income.
*Features:*
1. Already Fruiting Oil Palm trees
2. Immediate Harvesting and Earning
3. Earn passive income annually for over 40 years
4. 100% ownership of the land as an asset, ensuring generational wealth transfer
5. Land value appreciation over the years
6. Future development into residential or commercial property
7. Children's Education Endowment
*Projections:*
- An hectare can generate up to N6m million per annum, at an average of N400,000 per plot (Projection varies based on oil palm production and current market value).
- PalmRich Phase 5 builds your confidence to retire at ease or earn passive income for 40 years.
*Location:* Lagelu, Iwo-Road, Ibadan.
*Neighborhood/Landmarks:*
- Air Force Comprehensive Secondary School
- Bowen University
- Divisional Police Headquarters
- FRSC Command, Lagelu
- Nigeria Security & Defence Corps (NSCDC)
- Oyo State Housing Corporation
- Bowen University
- Bethlehem Resort, Ile-Igbon
- Dry Port
*Land Title:* C of O
*Payment Details per plot:*
Actual Price: N5,000,000 (ALL INCLUSIVE)
Promo Price: 4,000,000 (ALL INCLUSIVE)
*Initial deposit: N500,000*
Land Banking is more profitable with Oil PalmTree Farming
Contact us today for inspection and enquiries
Property Ref: 2926661 | Added On: 17 Jun 2025 | Last Updated: 17 Jun 2025 |
Market Status: Available | Type: Land |
Ibadan's intriguing facts highlight its historical importance as the home to Nigeria's oldest university town. Renowned as the "City of Brown Roofs," it boasts a captivating skyline adorned with roofs of reddish-brown hues. Additionally, Ibadan played a pivotal role in the cocoa revolution, and remnants of ancient city walls stand as testaments to its storied past. The city thrives on vibrant cultural festivals and features remarkable landmarks such as the iconic Bower's Memorial Tower.
Ibadan presents a delightful blend of contemporary shopping complexes, cultural bazaars, and places of amusement, catering to a wide range of preferences. The city boasts a vibrant array of markets and recreational hubs such as Cocoa House, Shoprite Ibadan Mall, Agodi Gardens, Bodija Market, and Ventura Mall, offering a diverse range of choices for leisure, shopping, and unwinding in the urban landscape.
Ibadan showcases a collection of distinguished residential estates, including Alalubosa GRA, ACE Estate, Bodija Estates, Oluyole Estate, Iyaganku GRA, and Akobo GRA. These esteemed enclaves present residents with remarkable architectural wonders, serene surroundings, and convenient proximity to essential amenities, culminating in an unparalleled living experience that exceeds expectations. Each estate offers a unique blend of tranquility, opulence, and accessibility, making them sought-after destinations for those seeking a truly exceptional place to call home.
During the day, Ibadan comes alive with a vibrant atmosphere, offering a wide range of restaurants, family-friendly attractions, and interesting establishments. You can explore various dining options, including Mauve 21, and enjoy family outings at popular places like Agodi Gardens and the University of Ibadan Zoo. Additionally, you'll find shopping centers like Heritage Mall, providing ample opportunities for dining, entertainment, and delightful experiences with your loved ones.
Read the full area guide for Ibadan, Oyo.
Interested in this property?
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Assetrise Banco. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.