Joint Venture: 500sqm Land, South East Zone, Gra Phase 2, Magodo, Lagos, GRA Phase 2, Magodo, Lagos (Ref: 2994251)

500sqm Land

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Property Description

*JOINT VENTURE AT MAGODO PHASE II SOUTH EAST ZONE.*
Land Value: ₦300M
Land Measuring 500sqm
*Title: C-of-O*
Proposed : Terraces/Semi Duplex
*Moderate Pilling suitable*
Sharing formula: TBD
Premium: Nil
Facilitator's fee 10%

*Procedure for inspection and closure* :
- Company profile,
- ⁠Detailed proposal with design and
- ⁠Return on investment with projected cost of development.

*Important information*
Please kindly be informed that MAGODO PHASE II SOUTH EAST ZONE, is at the very end of the prestigious estate.
The South East zone of Magodo phase ii has a part consisting of upland and lowland areas.... This jv land is on the lowland side, hence the use of suitable moderate Pilling...
*The JV land is not in *OKO FILLING**
taw ol aw
Call/Whatsapp: 09124412127
Direct client or Mandate or Semi only


Property Details

Property Ref: 2994251Last Updated: 10 Aug 2025Market Status: Available
Type: Residential LandTotal Area: 500 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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