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*KIA KIA JV*
*LOCATION* Magodo Shangisha Gra phase 2
*LAND SIZE:* 2000sqm
*LAND VALUE:* 1.5billion.
*PREMIUM:* 300m net not negotiable
-Developer to purchase off plan to favour owner 400m
*sharing:* 50:50%
*Facilitators fee:* 10% negotiable
*Proposed*
Terraces of 10units or or 6/5 bed fully detached houses
_*Cost on project inclusive premium: 1billion thereabouts*_
_*ROI on project : 2.5billion there about*_
*Closable for fast, Competent & Capable Developer only*
*Procedure to close it*
Loi
Company Profile
Company past project
Facilitators Fee Offer.
Akarabor
Property Ref: 2533660 | Last Updated: 05 Jan 2025 | Market Status: Available |
Type: Residential Land | Parking Spaces: 2000 | Total Area: 2,000 sqm |
Covered Area: 2,000 sqm |
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.
A residential area won't be complete without befitting places to shop for groceries and other household needs.
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.
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.
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.
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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