Property Type: Mixed-Use Land
Land Size: 20 Acres (~809,371sqm)
Location: Magodo Phase 1, Agility Estate, Lagos State
Property Use: Mixed – Residential or Commercial Development
Title: Certificate of Occupancy (C of O)
Availability: Distress Sale / Joint Venture Sponsorship Deal
Value: N3.6 Billion
Asking Price (Distress Sale): ₦250,000,000
Facilitator’s Fee: 10%
Sharing Formula: To Be Determined (TBD)
Contact / WhatsApp: 08034139285
Overview
An exceptional development opportunity has emerged in Magodo Phase 1, Agility Estate — one of Lagos’ most sought-after residential and investment locations. This is a distress sale of 20 acres of prime land, available for immediate purchase or joint venture collaboration.
The property is perfect for developers, investors, or real estate entrepreneurs who want to clear, sandfill, and resell plots for substantial profit. Its size and strategic location make it a high-potential asset for long-term capital appreciation in Lagos’ booming real estate market.
Key Highlights
- Land Size: 20 acres (~809,371sqm), ideal for large-scale residential or commercial projects
- Location: Magodo Phase 1, Agility Estate – a prestigious and fast-growing neighborhood
- Accessibility: Easy access to major roads and nearby commercial hubs in Lagos
- Development Potential: Perfect for clearing, sandfilling, and resale of residential plots or for long-term investment
- Title: C of O – providing secure legal ownership and ease of transaction
Pricing & Joint Venture Opportunities
This property offers flexibility in acquisition:
- Distress Sale: ₦250,000,000 – perfect for investors looking for a bargain in Magodo
- Joint Venture / Sponsorship Deal: Ideal for developers who can partner with the owner for clearing, sandfilling, and resale
- Total Land Value: ₦3.6 Billion
- Sharing Formula: TBD, negotiated based on developer contribution
- Facilitator’s Fee: 10% – ensures smooth transaction and project facilitation
Why This Land is a Hot Investment
- Prime Location: Magodo Phase 1 is a highly desirable residential and commercial area with high demand for developed plots.
- Large Land Area: 20 acres provide flexibility for multiple residential developments or phased reselling.
- High ROI Potential: Developers can clear, sandfill, and resell plots for significant profit in a short period.
- Secure Title: Certificate of Occupancy ensures a smooth transaction with no legal complications.
- Flexible Investment Options: Available for outright sale or joint venture, catering to different investor needs.
Development Possibilities
- Residential Plots: Clear and subdivide into individual plots for resale to homeowners or investors.
- Joint Venture Projects: Partner with developers for sandfilling, infrastructure setup, and resale.
- Commercial Use: Parts of the land can be developed into mixed-use or commercial projects for added revenue.
- Long-Term Investment: Hold the land in Magodo’s prestigious estate to benefit from continuous appreciation.
How to Secure This Land
- Schedule Inspection: Contact the facilitator for a viewing and assessment.
- Submit Proposal: Either as an outright purchase or JV sponsorship deal.
- Negotiate Terms: Discuss sharing formula, facilitator fees, and project plan.
- Execute Agreement: Formalize the JV or purchase agreement for smooth transaction.
Pricing & Contact
- Land Size: 20 Acres
- Price (Distress Sale): ₦250,000,000
- Land Value: ₦3.6 Billion
- Title: Certificate of Occupancy (C of O)
- Facilitator’s Fee: 10%
- Sharing Formula: To Be Determined
- Contact / WhatsApp: 08034139285
This is a rare opportunity to acquire a huge, prime piece of land in one of Lagos’ most prestigious neighborhoods. Whether for outright purchase or joint venture development, serious investors are encouraged to act fast before this prime Magodo property is snapped up.
Ji