Joint Venture: 1500sqm Land At Kunle Ogedengbe Area,, Kunle Ogedengbe Street, Magodo Gra Phase 2, GRA Phase 2, Magodo, Lagos (Ref: 2767547)

1500sqm Land At Kunle Ogedengbe Area,

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Property Description

*Hot Magodo JV*
1500sqm at Kunle Ogedengbe Area, Magodo GRA Phase 2
Value: N1b
Title : C of O and Governor's consent
Sharing Formula: 50:50
Premium: 50m
Facilitators' fees: 4.5%
Proof of Fund will be demanded (this is one of the major conditions)
Opey Ain ye

Please note that the above information is fixed, as they are a product of negotiation.
The owner won't accept less.
You don't need any letter before inspection, I will take you and your developer there by myself.
Just make sure that your developer is serious, ready and has agreed to all the above conditions.
There won't be room for any negotiation.


Property Details

Property Ref: 2767547Last Updated: 13 Mar 2025Market Status: Available
Type: LandTotal Area: 1,500 sqm   

Interesting Facts

Magodo was originally designed as a Government Residential Area (GRA) for government employees. It is now considered an upscale neighbourhood, with residents from both the middle and upper classes. Living in Magodo gives access to all of the 'good stuff' in Ikeja, such as business and employment opportunities.

Leisure and Shopping

A residential area won't be complete without befitting places to shop for groceries and other household needs.

Popular Estates

Magodo is always highly recommended when looking for residential areas in Lagos. Many Lagosians visit this 'Holy Ground' on a regular basis to stay in the estates available. Unilag Estate is owned by the University of Lagos co-operative, and many of its staff own homes there.

Day Life

Ziggies Lifestyle Arena is a Resort Hotel in Magodo. The restaurant serves a variety of local and continental cuisines. Luglow Essence is a nail salon, wellness centre, and spa. Massages, facials, pedicures, and manicures are all available.

Night Life

Magodo is a great place to unwind after a long day at work. The top floor of Paradox Bar and Grill offers a bird's eye view of the expressway. District 10 is a hip, low-key club with a live band and an excellent DJ.

Schools

Lagos Cambridge School is a sixth-form college that prepares students for effective and high-quality international education. Lolad School provides children with entrepreneurial skills such as fish farming, soap making, hairdressing, and sports. Newfield School employs a broad and balanced curriculum based on the Nigerian and British National Curriculums.

Read the full area guide for Magodo, Lagos.

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Disclaimer

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