By Magistrate Court | Central Location | Ideal for High-Value Development
A strategic Joint Venture (JV) opportunity is now available in Wuse Zone 6, one of Abuja’s most commercially vibrant and centrally located districts. Situated by the Magistrate Court, this property offers strong visibility, accessibility, and development potential, making it ideal for developers seeking a high-return project in a core urban zone.
📍 Location: Wuse Zone 6, Abuja
Wuse Zone 6 is a premium urban district known for its proximity to:
- Government institutions
- Commercial offices and legal facilities
- Banks, hotels, and retail centers
- Major road networks connecting to CBD, Maitama, and Garki
The Magistrate Court axis is a high-activity area, making the location suitable for:
- Residential apartments
- Serviced apartments
- Mixed-use developments
- Professional office buildings
📐 Land Details
- Land Size: 1,235.34 sqm
- Topography: Suitable for immediate development
- Zoning: In line with urban high-value development standards
This land size supports a well-structured medium-scale project with excellent revenue potential.
💰 Landowner’s Valuation
- Landowner’s Value: ₦850 Million
🤝 Joint Venture Structure
- Sharing Formula: 50% Landowner / 50% Developer
- Balanced partnership designed for transparency and shared project success
💼 Financial Terms
- Upfront Premium:₦200 Million
- Payable upon signing
- Refundable, subject to agreed JV terms
- Facilitators’ Fees:
- 5% – Developer side
- 5% – Landowner side (Landowner’s portion is refundable)
🏗 Development Obligations
- The developer must clearly indicate the value of the proposed units in the Joint Venture Agreement (JVA)
- All financial, construction, delivery timelines, and unit valuation must be expressly captured in the JVA
NB: Clarity in the JVA is mandatory to ensure transparency, smooth execution, and risk mitigation for all parties.
🧭 Transaction Procedure
To proceed with this JV opportunity, the following steps apply:
- Submission of Letter of Intent (LOI)
- Execution of Joint Venture Agreement (JVA)
Only developers with clear development plans and financial capacity will be considered.
⭐ Why This JV Opportunity Is Highly Attractive
- Prime Wuse Zone 6 location
- Central, high-demand environment
- Fair 50/50 JV structure
- Refundable premium reduces risk exposure
- Suitable for residential, serviced, or mixed-use development
- Strong rental and resale demand
This opportunity is best suited for experienced developers, real estate firms, and investment groups with a clear execution strategy.
📞 Contact & Expression of Interest
For inspection arrangements, document review, or formal engagement:
Contact / WhatsApp: 08034139285
Only serious and capable developers are encouraged to reach out.
Reg