Joint Venture: Prime Land 20000sqm For Residential Or Commercial Use, Idu Industrial, Abuja (Ref: 3056630)

Prime Land 20000sqm For Residential Or Commercial Use

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Property Description

Prime 200 ha Land --- Idu --- JV or
Sale (₦200,000,000 / hectare) ---
Ideal for Mixed Residential Development

Headline
Strategic 200 Hectares in Idu --- Sale at ₦200M/ha (Total ₦40,000,000,000) or Joint Venture --- Exceptional Mixed-Residential Development Opportunity

Key facts

- Location: Idu (exact plot boundaries available on request)
- Size: 200 hectares (2,000,000 sqm)
- Transaction: Joint Venture or Outright Sale at ₦200,000,000 per hectare
- Total asking price (sale): ₦40,000,000,000 (Forty Billion Naira)
- Development focus: Mixed residential ( gated communities, apartments, serviced plots, supporting neighbourhood commercial & amenities) --- flexible masterplan options
- Title: Available for verification --- documents provided on request (encourage prospective partners to undertake full due diligence)
- Premium: Nil (unless otherwise stated)
- Facilitator fee: Negotiable: 10%
- Viewings & site inspection: By appointment only

Description
Unlock a transformational mixed-residential development on a strategic 200-hectare landbank in Idu. Positioned for large-scale neighbourhood creation, this parcel offers the scale and flexibility to deliver a masterplanned township --- comprising gated estates, medium- to high-density apartment precincts, serviced plots, neighbourhood retail, schools and recreational amenities.

Offered either as an outright sale at ₦200M per hectare (total ₦40bn) or via a joint-venture structure, this land is ideal for institutional developers, private equity-backed real estate groups, or consortia seeking a long-term, high-impact development in a growth corridor. Title documentation is available for verification and site inspections are arranged by appointment.

Why this asset is compelling

- Landbank scale: 200 hectares enables comprehensive masterplanning (housing, community facilities, commercial nodes, green corridors).
- Flexibility: Suitable for mixed residential typologies --- low-density gated estates, townhouses, apartment blocks, affordable housing clusters, and supporting retail/amenities.
- Economies of scale: Large plot reduces per-unit land costs and enables phased development strategies to match demand and financing.
- Strategic positioning: Idu's location supports connectivity and logistics, enhancing appeal for residents and investors (confirm precise locational benefits during site visit).
- Attractive sale price or JV potential: Choose outright purchase at a competitive ₦200M/ha or propose JV structures where landowner equity reduces upfront capex for developers.

Suggested development scenarios
Note: the scenarios below are indicative --- final yields depend on planning permissions, density/FAR, road/open-space allocations, and market positioning.

1. Low-density premium estate (gated villas)

- Assumption: average plot 800--1,200 sqm 8--12 units/ha
- Yield: 1,600--2,400 units across 200 ha
- Product: luxury detached villas, estate clubhouse, private amenities

1. Medium-density mixed residential (apartments + townhouses)

- Assumption: mix of apartment blocks (G+4 to G+8) and townhouses; net developable area after roads/parks ~ 60--70%
- Estimated yield: 6,000--12,000 apartment units (depending on FAR and unit sizes) plus serviced plots
- Product: mid-market to premium apartments, schools, retail nodes

1. High-density transit-oriented precinct (if zoning/permissions allow)

- Assumption: higher FAR, vertical development corridors, integrated commercial uses
- Estimated yield: 12,000+ residential units with mixed-use hubs

Investment highlights

- Large contiguous land parcel enabling strategic masterplanning and phased roll-out.
- Sale price or JV flexibility to suit capital structures and risk appetite.
- Opportunity to capture broad market segments (luxury, mid-market, affordable) within a single integrated development.
- Potential for strong long-term capital appreciation with well-executed infrastructure and marketing.
- Option for mixed revenue streams: sale of units/plots, rental income from build-to-rent assets, and commercial leasing.

Sample structures (starting points)

- Land-as-equity: Landowner contributes land; developer funds construction. Profit split examples: 60:40, 70:30, or 50:50 (negotiable).
- Phased JV: initial phase JV to de-risk (e.g., 20--50 ha) with option to roll subsequent tranches.
- Build-to-sell or build-to-rent mixes: profit-share or management-fee models for ongoing operations.
- Exit mechanisms and timelines to be defined in Heads of Terms and JV Agreement.

Documents & due diligence

- Title documents (C of O, Allocation letters, Governor's consent where applicable) --- available on request
- Boundary/site plan, topographic and survey reports --- provided to shortlisted parties
- Existing access and service infrastructure summary (to be prepared)
- Environmental overview and preliminary site assessment (to be arranged)
- Planning & zoning history --- to be disclosed as available
- Recommended: independent technical, legal, environmental and market due diligence prior to commitment

Process (concise)

1. Tell us your objectives (JV or purchase, budget, preferred development type, timeline).
2. We assign a dedicated relationship manager and provide baseline documents.
3. Arrange confidential site visit and provide survey/title pack to shortlisted parties.
4. Negotiate heads of terms (JV or sale SPA) and confirm facilitator arrangements.
5. Complete legal documentation and mobilise development/finance as agreed.
- Facilitator fee: 10%
- Availability: Open for proposals / viewings by appointment

Confidentiality
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA. Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
*PLEASE FEEL FREE TO BROWSE OUR OTHER FEATURED PROPERTIES*


Property Details

Property Ref: 3056630Last Updated: 27 Aug 2025Market Status: Available
Type: Mixed-use LandTotal Area: 200,000 sqm   

Interested in this property?

Call 0902 XXXX Show Phone
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