Commercial land for sale
Commercial Land with Global C of O
Prime Commercial/Residential Land For Sale or Joint Venture in Sangotedo, Lagos 1,500 SQM Facing Monastery Road, Beside ShopRite Global C of O & Registered Survey Sale: ₦450M Property Overview - Location: Facing Monastery Road, beside ShopRite, Sangotedo, Lagos. - Land Size: 1,500 SQM. - Title: Global Certificate of Occupancy (C of O) & Registered Survey Plan. - Land Worth (Sale): ₦450,000,000 (≈ ₦300,000 per SQM). - Deal Structure: Available for Outright Sale - Status: Vacant, titled land in a high-traffic commercial hub. Key Highlights - Unmatched Visibility & Footfall: Directly facing Monastery Road and sharing proximity with ShopRite (a major retail anchor), guaranteeing massive daily vehicular and pedestrian traffic. - Developer-Favourable JV: The rare 60/40 sharing formula in favour of the developer makes this an exceptionally lucrative partnership opportunity, rewarding the developer's capital and execution risk. - Strong Title Security: A Global C of O with a Registered Survey Plan ensures a secure legal foundation for either outright purchase or a JV partnership. - Flexible Acquisition: Whether you want to buy outright for ₦450M or partner via a JV with a low ₦50M premium, the choice is yours. - Commercial Goldmine: The location is primed for a high-yield commercial or mixed-use development. Development Potential Given the prime location beside a major supermarket, the land is ideal for: - Shopping Plaza / Retail Complex: To complement the existing ShopRite traffic. - Mixed-Use Development: Ground-floor retail/food court with luxury apartments above. - Event Centre or Banquet Hall: High visibility for guests. - Corporate Office Complex: A prominent business address in Sangotedo. - Hospitality (Hotel/Serviced Apartments): Catering to the bustling Ajah/Sangotedo corridor. Location Benefits -- Monastery Road, Sangotedo - Commercial Epicenter: Beside ShopRite, one of the busiest retail destinations in the Lekki-Ajah axis. - Excellent Connectivity: Direct access to Monastery Road and a short drive to the Lekki-Epe Expressway. - High Population Density: Surrounded by rapidly developing residential estates, ensuring a ready market for any commercial or residential project. - Future Appreciation: The Sangotedo corridor continues to experience massive infrastructure upgrades, driving land and property values upward. Financial Structure Option 1: Outright Sale - Total Price: ₦450,000,000 (₦300k/SQM). - Fees: Facilitator's fee applies. Next Steps for Interested Buyers/Developers For Outright Purchase: Submit a Letter of Intent (LOI) and Proof of Funds. Due Diligence: - Upon execution of an nda and Facilitator Fee Agreement, all title documents (Global C of O, Survey) will be provided, and a site inspection will be arranged. Beside ShopRite, Monastery Road + 1,500 SQM + Global C of O + 60/40 Developer-Favoured JV -- a golden ticket for retail or mixed-use development. Direct mandate -- serious buyers and developers only.
