For sale or jv
prime 200 ha land --- idu --- jv or
sale (₦200,000,000 / hectare) ---
ideal for mixed residential development
headline
strategic 200 hectares in idu ---
sale at ₦200m/ha
(total ₦40,000,000,000)
or joint venture --- exceptional mixed-residential development opportunity
key facts
- location: idu (exact plot boundaries available on request)
- size: 200 hectares (2,000,000 sqm)
- transaction: joint venture or outright sale at ₦200,000,000 per hectare
- total asking price (sale): ₦40,000,000,000 (forty billion naira)
- development focus: mixed residential ( gated communities, apartments, serviced plots, supporting neighbourhood commercial & amenities) --- flexible masterplan options
- title: available for verification --- documents provided on request (encourage prospective partners to undertake full due diligence)
- premium: nil (unless otherwise stated)
- jv- facilitator fee: 10%
- sale- brokerage fee: 10%
- viewings & site inspection: by appointment only
description
unlock a transformational mixed-residential development on a strategic 200-hectare landbank in idu. positioned for large-scale neighbourhood creation, this parcel offers the scale and flexibility to deliver a masterplanned township --- comprising gated estates, medium- to high-density apartment precincts, serviced plots, neighbourhood retail, schools and recreational amenities.
offered either as an outright sale at ₦200m per hectare (total ₦40bn) or via a joint-venture structure, this land is ideal for institutional developers, private equity-backed real estate groups, or consortia seeking a long-term, high-impact development in a growth corridor. title documentation is available for verification and site inspections are arranged by appointment.
why this asset is compelling
- landbank scale: 200 hectares enables comprehensive masterplanning (housing, community facilities, commercial nodes, green corridors).
- flexibility: suitable for mixed residential typologies --- low-density gated estates, townhouses, apartment blocks, affordable housing clusters, and supporting retail/amenities.
- economies of scale: large plot reduces per-unit land costs and enables phased development strategies to match demand and financing.
- strategic positioning: idu's location supports connectivity and logistics, enhancing appeal for residents and investors (confirm precise locational benefits during site visit).
- attractive sale price or jv potential: choose outright purchase at a competitive ₦200m/ha or propose jv structures where landowner equity reduces upfront capex for developers.
suggested development scenarios
note: the scenarios below are indicative --- final yields depend on planning permissions, density/far, road/open-space allocations, and market positioning.
1. low-density premium estate (gated villas)
- assumption: average plot 800--1,200 sqm 8--12 units/ha
- yield: 1,600--2,400 units across 200 ha
- product: luxury detached villas, estate clubhouse, private amenities
1. medium-density mixed residential (apartments + townhouses)
- assumption: mix of apartment blocks (g+4 to g+8) and townhouses; net developable area after roads/parks ~ 60--70%
- estimated yield: 6,000--12,000 apartment units (depending on far and unit sizes) plus serviced plots
- product: mid-market to premium apartments, schools, retail nodes
1. high-density transit-oriented precinct (if zoning/permissions allow)
- assumption: higher far, vertical development corridors, integrated commercial uses
- estimated yield: 12,000+ residential units with mixed-use hubs
investment highlights
- large contiguous land parcel enabling strategic masterplanning and phased roll-out.
- sale price or jv flexibility to suit capital structures and risk appetite.
- opportunity to capture broad market segments (luxury, mid-market, affordable) within a single integrated development.
- potential for strong long-term capital appreciation with well-executed infrastructure and marketing.
- option for mixed revenue streams: sale of units/plots, rental income from build-to-rent assets, and commercial leasing.
sample structures (starting points)
- land-as-equity: landowner contributes land; developer funds construction. profit split examples: 60:40, 70:30, or 50:50 (negotiable).
- phased jv: initial phase jv to de-risk (e.g., 20--50 ha) with option to roll subsequent tranches.
- build-to-sell or build-to-rent mixes: profit-share or management-fee models for ongoing operations.
- exit mechanisms and timelines to be defined in heads of terms and jv agreement.
documents & due diligence
- title documents (c of o, allocation letters, governor's consent where applicable) --- available on request
- boundary/site plan, topographic and survey reports --- provided to shortlisted parties
- existing access and service infrastructure summary (to be prepared)
- environmental overview and preliminary site assessment (to be arranged)
- planning & zoning history --- to be disclosed as available
- recommended: independent technical, legal, environmental and market due diligence prior to commitment
process (concise) available and open to all written open proposals
1. tell us your objectives (jv or purchase, budget, preferred development type, timeline).
2. we assign a dedicated relationship manager and provide baseline documents.
3. arrange confidential site visit and provide survey/title pack to shortlisted parties.
4. negotiate heads of terms (jv or sale spa) and confirm facilitator arrangements.
5. complete legal documentation and mobilise development/finance as agreed.
- / viewings by appointment
confidentiality
all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only.
*how we work*
tell us your needs (budget, location, size).
our team reviews your request and assigns a dedicated relationship manager.
we only source conflict-free land and properties with clear titles.
we conduct due diligence and arrange site visits.
viewings are by appointments only
finalize purchase, rental or lease with legal support.
*please feel free to browse our other featured properties*
ref: sm...
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