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Residential land joint venture

Land Measuring 1, 583.96 SQM

GRA Phase 2, Magodo, Lagos
₦1,600,000,000
#359-382-8 28 Jul 2026 Added today
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1,586 m² Plot size
Residential Property type

About this property

Joints venture: CMD road, magodo 2: A newly built and uncompleted property on a land area measuring 1,583.96 sqm is up for joint venture. Location: CMD Road, Magodo-Shangisha Title - Certificate Of Occupancy Land value - #1.6b Premium - Nil Facilitators fee - 10% of the land value Owner's Demand - a commercial project like a Shopping & Office complex, etc. Please note Registered Architect, Bill of Quantity (BOQ) and Proof of Fund are essential. Approved drawings for the construction is available. Sharing ratio: 50:50 #awdeverg

Property details

Reference ID #359-382-8
Listed by Awodd Properties LTD
Property type Residential Land
Listing status Residential land joint venture
Plot size 1,586 m²

Area guide — Magodo

Lagos

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...

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 La...

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 manicure...

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,...

Read the full area guide for Magodo, Lagos

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Disclaimer

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