Residential land for sale
1 Mile From Bannex Bridge, Wuse 2, Abuja
Property for sale --- mabuchi district, abuja
property type: development plot (land for residential redevelopment)location: mabuchi district --- plot no. 1201 (close proximity to bannex bridge, wuse ii)land area: 1,850 sqmasking price: ₦1,000,000,000 (one billion naira)agency fee: 5% payable to the selling agent
property summary
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well‑located development site on a tarred road in the mabuchi district, offering a rare opportunity for residential development in a high‑demand zone. the 1,850 sqm parcel (plot 1201) is suited for medium‑density development and can accommodate approximately nine (9) terrace duplex units, subject to regulatory approvals and design optimization.
key selling points
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- strategic location with immediate access to a tarred road --- excellent visibility and site accessibility.
- short distance to bannex bridge / wuse ii --- proximity to commercial and civic amenities.
- parcel size (1,850 sqm) suited for a small gated estate of 9 terrace duplexes or alternative medium‑density residential scheme.
- strong development upside in mabuchi due to steady demand for quality housing in the area.
development potential & recommended uses
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- proposed scheme: 9 units of terrace duplexes (subject to local planning and layout approvals).
- alternative uses: apartment cluster, executive townhouses, mixed residential/commercial podium.
- opportunity for value addition through phased development, pre‑sales, or jv with a developer.
title & legal considerations
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- title documentation: not specified. prospective buyers must request and verify the land title (c of o, deed of assignment, governor's consent, etc.) and confirm the survey plan and boundary coordinates.
- recommended due diligence prior to purchase: title verification, boundary confirmation by a licensed surveyor, land use/zoning confirmation with fct/lga authorities, soil test and topographic survey, and confirmation of statutory compliance.
- the vendor and buyer should formalize the sale with solicitors; stamp duties, levies and any regularisation costs are the buyer's responsibility unless otherwise agreed.
location & accessibility
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- situated in mabuchi district with easy vehicular access via a tarred road.
- convenient connection to wuse ii and nearby commercial nodes, improving tenant and buyer demand for developed units.
- access to utilities to be confirmed (water, power, drainage); buyers should verify availability and required take‑off costs.
investment highlights
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- large land parcel in an appreciating residential district --- strong potential capital appreciation post‑development.
- feasible for either direct development or inclusion in a joint venture with a developer to unlock value.
- close proximity to bannex bridge and wuse ii enhances marketability to professionals and families seeking proximity to commercial centres.
sale terms & viewings
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- asking price: ₦1,000,000,000 (one billion naira).
- agency fee: 5% of sale price payable to the selling agent on successful completion.
- viewings strictly by appointment; prospective purchasers should provide proof of funds and valid id prior to site inspection.
- reservation deposit and formal sale terms to be agreed upon offer acceptance; all sales subject to satisfactory due diligence and legal completion.
what we can provide on request
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- certified copy of the survey plan and any available title documents (upon vendor consent).
- site photographs and basic site plan.
- introduction to surveyors, architects and solicitors for due diligence and planning advice.
- preliminary feasibility commentary based on the buyer's intended development...
More details
Added Yesterday
₦1,000,000,000
The Build Centre Properties
09028190510