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*
ref: sm...
More details
