Prime Land with Excision Documents and Survey

Prime Land For Sale or Joint Venture in Mopo 2 Estate, Badore Road, Ajah, Lekki, Lagos 4,018 SQM Excision Documents & Survey with Layout ₦160 Million ≈ ₦39,820 per SQM For Sale or JV Property Overview

• Location: Badore Road, Ira Ile Bus Stop, Opposite Happy Land Estate, Inside Mopo 2 Estate, Behind Cooperative Estate, Ajah, Lekki, Lagos.
• Land Size: 4,018 SQM.
• Title: Excision Documents & Survey with Layout.
• Asking Price (Outright Sale): ₦160,000,000.
• Price per SQM: ≈ ₦39,820.
• JV Option: Also available for Joint Venture development.
• Status: Vacant land with excision documentation, ready for development or partnership.

Key Highlights

• Large, Contiguous Parcel: Over 4,000 SQM in a single block -- ideal for a residential estate, institutional project, or mixed-use development.
• Strong Excision Title: Excision documents confirm the land has been officially released from government acquisition -- a secure pathway to a C of O.
• Survey & Layout Included: The availability of a survey plan and layout makes subdivision and planning straightforward.
• Dual Opportunity: Available for outright purchase or Joint Venture -- flexible for different investor profiles.
• Strategic Ajah Location: Nestled in a growing residential area with three estates in close proximity, ensuring community and demand.
• Competitive Pricing: At under ₦40,000 per SQM, this is an exceptionally attractive entry point for a large, titled land bank in the Ajah axis.

Development Potential

• Residential Estate: Master-plan a gated community of duplexes, terraces, or bungalows.
• Institutional: School, hospital, church, or training centre.
• Mixed-Use: Residential with a commercial frontage or community facilities.
• JV Partnership: Partner with a developer to build and share profits -- landowner contributes land, developer funds construction.
• Land Banking: Hold for medium-to-long-term appreciation as Ajah continues to develop.

Location Benefits -- Mopo 2 Estate, Badore Road, Ajah

• Growing Residential Hub: Ajah is one of Lagos's fastest-expanding suburbs along the Lekki-Epe Expressway.
• Proximity to Key Areas: Close to Badore, Addo Road, Abraham Adesanya Estate, and the Lekki Free Zone corridor.
• Established Neighbourhood: Surrounded by Happy Land Estate, Cooperative Estate, and other communities -- social amenities and security in place.
• Excellent Connectivity: Easy access to the Lekki-Epe Expressway, linking to Victoria Island, Ikoyi, and the wider Lekki Peninsula.
• Future Appreciation: Ongoing infrastructure improvements and population growth support strong capital growth.

Investment Value

• Asking Price (Sale): ₦160 Million.
• Price per SQM: ≈ ₦39,820.
• Title Strength: Excision + Survey + Layout provides a solid legal foundation for obtaining a C of O or developing under excision rights.
• JV Potential: For a developer, the low land value relative to end-unit prices in Ajah offers significant profit margin.
• Upside Potential: Subdivide and sell plots, build and sell/rent homes, or hold for long-term appreciation.
• Flexible Entry: Outright purchase for land bankers or JV for developers seeking to minimize upfront land cost.

Sale / JV Opportunity A rare large land parcel in a developing Ajah corridor -- available for outright sale or joint venture. Ideal for developers, investors, or cooperative societies seeking a substantial project. Ideal For:

• Real Estate Developers (outright or JV).
• Cooperative Societies & Investment Groups.
• Institutional Buyers (school, church, hospital).
• Long-Term Land Investors.

Next Steps:

• Site Inspection (available for inspection).
• Document Review & Verification (Excision, Survey, Layout).
• Negotiation for Outright Purchase or JV Terms.
• Immediate Closing.

Mopo 2 Estate, Ajah + 4,018 SQM + Excision Documents + ₦160M or JV -- a strategic land bank with multiple development options. Direct mandate -- serious inquiries only.