1477sqm Land Close To Fadeyi Bus Stop, Yaba, Lagos
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Property Description
* PRIME JOINT VENTURE (JV) OPPORTUNITY -- CLOSE TO FADEYI BUS STOP, YABA, LAGOS *
SERIOUS DEVELOPERS ONLY.
A rare opportunity to partner on a high-yield residential development in a prime, fully built-up area of Fadeyi Yaba Lagos.
LOCATION
Prime environment very close to Fadeyi Bus Stop,
Behind NNPC Fadeyi, Yaba, Lagos.
Central
High rental demand
Excellent accessibility
LAND DETAILS
Land Size: 1,477 SQM
Title: Certificate of Occupancy (C of O)
Land Value: ₦740 Million (₦500,000 per SQM)
️ DEVELOPMENT PROPOSAL
Development of TWO (2) UNITS OF BLOCKS OF FLATS
Each block to be fully self-contained and market-ready
JV STRUCTURE (WIN--WIN)
Sharing Formula: 50% / 50%
Developer: Takes 1 complete block of flats
Land Owner: Takes 1 complete block of flats
Capital Investment: Developer handles construction cost
Land Contribution: Provided by land owner
FACILITATION
Facilitator's Fee: 10% (Backed up by a letter before engagement with the owner)
PROCEDURES FOR CLOSURE
Letter Of Interest (LOI) by Developer
Site Inspections
Architectural concept & development proposal
Agreement on building specifications
* WHY THIS JV IS ATTRACTIVE*
Prime Fadeyi Yaba location
Clear 50/50 asset split
High rental & resale value
Secure title (C of O)
Fully built-up neighbourhood
kun amo
Property Details
| Property Ref: 3266309 | Last Updated: 24 Dec 2025 | Market Status: Available |
| Type: Residential Land | Total Area: 1,477 sqm |
Interesting Facts
Shomolu is home to Nigeria's largest printing industry. As of 2010, the printing press employed more than 15,000 people in a variety of positions. A large number of printing presses can be found in and around town, resulting in diverse architecture.
Leisure and Shopping
Abraham shopping complex is a multi-purpose shopping centre that offers a wide variety of commodities at reasonable prices. The Obeezi fashion mall, as the name implies, is one of the best places in Shomolu to shop for high-end fashion products.
Popular Estates
There are not many estates in Shomolu, but there are some decent options if you want to live in one. Within the estate, they have all of the necessary infrastructures such as hospitals, gyms, churches, guest houses and mini marts.
Day Life
The Bariga Waterfront Jetty is a cutting-edge jetty in Ilaje. Park and Chop Kitchen specialises in African dishes like Amala and Ewedu. Pancake Hub, Soul Food, Chicken Republic, Luto's grill, Phemat pasta and grill are fantastic places to eat.
Night Life
Qube Lagos is a lovely cosy place to relax and bond with family and friends during the day. Lounge 51 Snooker is the place to go for guys who enjoy playing snooker. Beeriga is a wonderful place to unwind and relax inside the Bariga jetty.
Schools
Crown Gate School is one of many high-quality schools in Shomolu. They provide holistic education for the academic, intellectual, physical, spiritual, social, and emotional development of the whole child. Firm Base schools offer a diverse range of academic and extracurricular activities to their students.
Read the full area guide for Shomolu, Lagos.
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Disclaimer
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6, Al Street, Abule Akasolori, Ikorodu, Lagos, Ikorodu, Lagos, Nigeria
+234 XXXX Show Phone
+2347076888085
Registered 5 years ago
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