Joint Venture: Prime 2500sqm Development Opportunity, Utako, Abuja | Nigeria Property Centre (Ref: 3207238)

Prime 2500sqm Development Opportunity

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Land joint venture in Utako, AbujaResidential Land joint venture in Utako, Abuja
  • 2,500 sqm Total Area

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Property Description

JV / HOT DISTRESS SALE -- AMAZING DEVELOPMENT OPPORTUNITY IN UTAKO, ABUJA

An exceptional chance for a savvy developer to reposition a well-located residential asset in the heart of Utako. Sitting on 2500sqm, this property currently features 8 units of old-design 4-bedroom semi-detached duplexes that are ideal for full remodeling, redevelopment, or a mixed upgrade strategy. With additional space on the land, you can remodel the existing units and develop more, creating multiple revenue streams and strong resale potential.

LOCATION: Utako, Abuja
LAND SIZE: 2500sqm
PURPOSE: Residential
TITLE: C of O
PRICE: ₦1.3B

DESCRIPTION:
Well-situated residential property consisting of 8 units of 4-bedroom semi-detached duplexes requiring modernization. Excellent for redevelopment, upscale remodeling, or converting into premium residential units for resale.

JV TERMS

LAND VALUE: ₦1.3B
PREMIUM: ₦400M (Non-refundable)
SHARING: 60/40%
FACILITATOR FEE: 10%
BUILDING APPROVAL: None
OWNER PROPOSAL: None
PROCEDURE: Inspection only. No LOI, no profile required. Direct meeting with the owner.
NOTE: All conditions are strictly non-negotiable.

This property is strategically located and offers excellent ROI for developers looking to optimize land use in an appreciating district.

VERY IMPORTANT NOTICE

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This listing is exclusively for SERIOUS, FINANCIALLY PREPARED DIRECT CLIENTS. We kindly request that third parties, agents, and brokers refrain from contacting us, as we engage only with CASH-READY CLIENTS.
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Property Details

Property Ref: 3207238Last Updated: 17 Nov 2025Market Status: Available
Type: Residential LandTotal Area: 2,500 sqm   

Interested in this property?

Call 0815 XXXX Show Phone
View Similar Property
Land joint venture in Utako, AbujaResidential Land joint venture in Utako, Abuja
Disclaimer

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 Knight Angels Realties Ltd. 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.

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Knight Angels Realties Ltd

 6 Behind Iyanga Market, Asaba, Delta, Nigeria

  0815 XXXX Show Phone

  +2348151917169

  Visit Website

  Registered 5 years ago

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