Land
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Property Description
*_NEW JV @ MAGODO PH-2 GRA SHANGISHA_*
_LAND SIZE_ =
*_3,000 SQM LAND_*
_LOCATION_ =
*_# OFF KOLA AMODU, MAGODO PH-2 GRA SHANGISHA_*
_LAND VALUE_ =
*_#800MILLION_*
_LAND TITLE_ =
*_C OF O_*
*_(+ BUILDING APPROVAL)_*
_SHEARING FORMULA_ =
*_DEVELOPER =60%_*
*_OWNER = 40%_*
_AGENCY FEE_ =
*_10% OF D LAND VALUE_*
_PREMIUM_ =
*_#50MILLION_*
_PROPOSAL_ =
*_OWNER WANTS 5 DETACHED DUPLEXES & A BLOCKS OF 9 FLATS OF 2/3 BEDROOMS_*
Note:-
*_There Was A Developer Who signed The JV Before, But Didn't Meet Up To Time, So The Owner Canceled The Agreement_*
*_HEe's Did Some Few Things & Paid For Building Approval, So He Is Going To Be Refunded All He Spent_*
_(CL-MgD)_Ol..
Property Details
| Property Ref: 2639817 | Last Updated: 31 Dec 2024 | Market Status: Available |
| Type: Residential Land | Total Area: 3,000 sqm | Covered Area: 3,000 sqm |
Interesting Facts
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.
Leisure and Shopping
A residential area won't be complete without befitting places to shop for groceries and other household needs.
Popular Estates
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.
Day Life
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.
Night Life
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.
Schools
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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