Property in Shomolu, Lagos

Joint venture opportunity - opportunity: owner of a clean-titled plot at oyebajo street off isaac john, fadeyi is seeking a capable developer partner to deliver a 2‑storey block of flats under a build--operate--transfer (b.o.t) arrangement. - title: government consent & registered survey (clear transferable title --- strong for lender acceptance and fast project close-out). - location strengths: fadeyi (lagos mainland) --- dense residential demand, good access to transport corridors and employment centers, strong rental market for mid‑market flats. - target investor: a developer with construction & property‑management capability, balance‑sheet or financing relationships, and a track record in small to medium residential projects in lagos. why this is attractive to a developer / investor - land provided up front with clean title --- reduces acquisition risk and lowers upfront cash requirement. - high demand for well‑finished flats in fadeyi from young professionals, civil servants and families --- steady rental income opportunity. - scalability: site suitable for a 2‑storey walk‑up or low‑rise block of flats with potential to increase value through modest finishes and professional management. - shorter construction cycle compared with high‑rise projects --- quicker revenue generation and faster payback. - flexible deal structures (equity split, revenue share or fixed lease payments) to suit developers and financiers. proposed project overview - development: 2‑storey block of flats (design options: 6--12 flats depending on plot size and layout; recommend architectural feasibility to maximize yield while adhering to setbacks and parking). - typical unit mix suggestions (to be refined after site survey): 1‑bed & 2‑bed apartments with provision for common areas, secure parking, generator & water storage. - use: rental residential (long‑term let) with professional property management during the operating period. - bot term (suggested): 7--10 years operating period for the developer to operate and recover investment + agreed return, then transfer completed asset back to owner free of encumbrance. - target finish standard: mid‑market --- durable finishes to attract stable tenants and minimize turnover. suggested commercial structures (indicative --- negotiable) 1. land-as-equity, developer-finances-construction - owner contributes land (valued as equity). - developer funds construction and operates asset for agreed period (e.g., 7 years). - revenue sharing: developer retains operating cashflow until a pre‑agreed irr or return multiple is achieved, then transfers asset. 2. joint-equity (developer + owner) - both parties contribute equity (owner = land, developer = cash/loan procurement + management). - net operating income distributed per equity share during operation; full transfer at term end. 3. fixed lease / concession fee - developer leases land for fixed annual fee over concession, builds and operates; at end of term, asset transfers to owner. - attractive for owners wanting predictable cash flows and limited upside sharing. indicative financial points to include in a term sheet - construction budget (to be confirmed by contractor quotes and boq after feasibility). - developer return target (e.g., developer irr or multiple) and investor/owner share mechanics. - operating cash flow priority (e.g., opex, debt service, developer preferred return, split). - transfer conditions (state of repair, permitted encumbrances, asset handover checklist). - performance bonds / completion guarantees. - insurance, tax, and compliance responsibilities. developer qualifications sought - evidence of similar completed residential projects in lagos (photos, addresses, client references). - proof of construction capacity --- in‑house or reliable contractors and consultants. - financial capability: audited accounts, bank/financier references, or confirmed construction finance lines. - regulatory knowledge: lagos approvals, building control, utility connections. - property management capability or credible partner to lease and operate the flats. risk mitigation & value protections - clear title (gov. consent & registered survey) --- reduces ownership risk. - completion guarantee or escrow arrangements for retention/defect liability. - third‑party cost and market validations (quantity surveyor and rent studies). - insurances: car (contractors all‑risk), pi for consultants, full property insurance during operation. - agreed maintenance/reserve fund to preserve asset value until transfer. key next steps (recommended) 1. confidentiality: sign an nda to share any further sensitive documents (title docs, site survey). 2. site visit & survey: confirm plot size, setbacks, soil conditions and maximum developable area. 3. concept design & feasibility: architect + qs to prepare a concept plan, boq and budget. 4. term sheet: negotiate bot structure, operating period, revenue sharing and transfer conditions. 5. due diligence: developer & owner legal, technical and financial due diligence. 6. final agreement: execute bot/concession agreement, construction contract and security documents. 7. mobilization & construction: commence once permits and financing are in place. what i can share immediately (upon your confirmation) - copies of title documents (gov. consent & registered survey). - high‑resolution photos of the plot and immediate environs. - suggested concept layouts for a 2‑storey block (preliminary). - a draft term sheet for bot partnership for review by developers. contact: mr. kola adesina (edba) 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 referrals & third party agents: 2.5%-comm ref: ak...

for sales newly built 4 bedroom semi detached duplex with bq location: obanikoro,lagos price: 300m title: c of o features: - all rooms ensuite - pop ceilings - fitted kitchen - chandeliers - dining area - guest room - family lounge - balconies - bq - water heaters - water closets - walk-in closet - walk-in showers - bath tub - garden at the b...

For sale obanikoro lagos n220m(asking) fantastic newly built 4 bedroom terraced duplex plus bq in a well developed and secured estate. features newly built gated estate fantastic serene environment spacious living area all rooms ensuite inbuilt pop sound systems beautiful woodworks great ambiance fully fitted kitchen beautiful chandeliers balcony clean water water heaters pop ceiling bq title: global c of o/cons...

Block of 4flats( 3 bedrooms in front, 2 bedrooms at the bac...

Half plot of land in a serene environment which is vaca...

A bareland on a full plot fenced around with g...

For sale --- demolishable building on 800 sqm plot --- morocco road, shomolu ₦300,000,000 overview: still available --- urgent sale: sizeable development plot on morocco road, shomolu. the site contains an existing demolishable building and sits on an 800 sqm parcel, offering an immediate redevelopment opportunity for commercial or residential projects in a busy mainland location. priced at ₦300m (asking). property summary - address: 28 morocco road, shomolu, lagos - land area: 800 sqm - current condition: existing building (demolishable) --- sold as‑is - asking price: ₦300,000,000 (three hundred million naira) - title: to be confirmed --- buyer's solicitor should verify title and chain of ownership key benefits & suitability - good-sized urban plot ideal for redevelopment --- suitable for mixed‑use, commercial plaza, multi‑unit residential or boutique office. - mainland location with strong local demand and good transport links. - demolishable structure provides a clear site for mobilisation and new construction (shorter lead time than complex retrofits). suggested uses (subject to planning consent) - mid‑rise residential apartments or terrace development - commercial building / offices with ground‑floor retail - serviced apartments or guest house - mixed‑use development (retail / office / residential) due diligence & recommended checks - legal: ask seller for title documents (c of o / deed / receipt) and instruct solicitor to confirm chain of ownership and any encumbrances. - survey: obtain certified site survey and confirm boundary pegs on site. - planning: confirm permissible uses, coverage and setback requirements with local planning authorities. - technical: demolition cost estimate, structural appraisal of existing building (if any salvageable elements), geotechnical and drainage checks. - utilities: verify power, water and drainage connection points and service upgrade costs. sale process & viewing - viewings: by appointment only for pre‑qualified buyers. proof of funds will be requested before full documentation and site access are provided. - offers: submit a letter of intent (loi) with buyer details and proof of funds. shortlisted buyers will receive the title pack and be invited to inspect. - transfer: standard solicitor‑led conveyancing; buyer to budget for legal fees, stamp duty and registration. note: information is provided in good faith and should be independently verified by prospective purchasers and their advisers. price and availability are subject to prior sale. contact: mr. kola adesina (edba) 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: nn...

To let an up floor and down mini flat for rent at off pedro rd shomolu rent : 1.8m caution 200k features: band a electricity tarred road smart lock at central gate. car park cabinet water hea...

2bedroom apartment, at shomolu, lagos. lease term: 18 years price: 25m note: 5% legal fee, 5% agency fee rental value: 2. 5 to...

Rent fully completed newly built completed one-bed apartment in a secured neighborhood in shomolu. features: - prepaid meter - ⁠two toilets - ⁠parking space - ⁠kitchen cabinets - ⁠security guard - ⁠well ventilated rooms - ⁠easy accessibility to notable locations - ⁠etc...

A halfplot of land measuring 25 by ...

A halfplot of land in a very calm a...

A standard plot of dry land measuring 446.4sqm in a gated and secure environment. its also perfect for residential ...

Block of 4 flats in a storey building on a very dry full plot of land at a decent and calm neighbourh...

Exquisite and newly launched one bedroom apartment with state of art facilities location: shomolu, lagos price: 65k per night refundable caution fee : 40k facilities: - ps5 - 24/7 security - 24hrs light - fully fitted kitchen - unlimited wifi - en-suite room and bathroom - guest toilet - smart tv - dstv - netflix - air conditioners - available guest support - clean water supply nb: minimum of night bookings discounts available on long bookings foe more information and bookings call : 08107464...

To let 2 no's of decent mini duplex all room en-suite with guest toilet all round tilled with kitchen cabs pop n all the house holds inside just 4 occupant to share compound with smart lock in a secured gated community *by pedro/ shomolu lagos* features **chairs **2 air conditioner both sitting room n the room **microwave **burner **2 smart tv ** fan *3m pa/1yr *utility 50k monthly yearly 600k per ann...

*fresh sales description: *units of two bedroom apartment with enough parking space in a gated street on a tarred road location: off pedro road shomolu, lagos. document: register conveyance with survey plan price: ₦220m asking. *bring your client for inspecti...

Property for sale!!! a redevelopable prime commercial property sitting on a plot of land within a choice area of durosimi street, shomolu, lagos. it's consisting of: -4 units of 2 bedroom flats up -6 units of large office spaces down. property is suitable for both residential and commercial redevelopments such as hotels, school, head office, hospital, healthcare, supermarket, restaurant, church, factory service company, printing press, etc title: registered deed. price: ₦200 million contact psl on 08087850228, 08105703...

Selfcon ️ location : off bajulaye, somolu benefits: - water heater - kitchen cabinet - personal prepaid meter - car park - secure community - security - full pop - screeded wall rent: 1.5m agreement: 300k commission: 300k caution: 150k service charge: 200k book an appointment for inspection call/ whatsapp 09028402...