A rare Joint Venture (JV) opportunity is now open for credible developers and corporate investors seeking prime land within IDU District, Abuja—one of the Federal Capital Territory’s rapidly developing and strategically positioned areas.
This offering presents an excellent chance to partner directly with the landowner’s mandate to execute a profitable residential or mixed-use development on a well-located parcel with existing approvals and clear documentation.
Property Overview
- Location: Herbert Street, IDU, FCT Abuja
- Land Size: 2 Hectares (potentially slightly larger)
- Title: Right of Occupancy (R of O)
- Land Value: ₦2 Billion
- Premium: Nil
- Transaction Type: Joint Venture (JV)
- Facilitator’s Fee: 10%
- Mandate: Direct mandate of the landowner
- Documents: Available and verifiable
Location Advantage – Why IDU?
IDU is fast emerging as a prime investment corridor due to its:
- Proximity to Central Area, Wuye, Jabi, and Kubwa axis
- Access to major road networks
- Increasing residential and commercial developments
- High demand for quality housing and planned estates
Herbert Street, in particular, offers excellent accessibility, making it suitable for high-demand developments with strong market appeal.
Development Readiness
This property already benefits from:
- Existing building approval (which can be modified to suit the JV partner’s design and concept)
- No storey height restriction, allowing flexible architectural planning
- Papers available for window search, ensuring transparent due diligence
These features significantly reduce pre-development delays and enable faster project take-off.
JV Structure & Flexibility
The land is offered strictly on a Joint Venture basis, with:
- No premium required
- Sharing formula to be discussed during physical meetings
- Openness to innovative, bankable, and profitable proposals
- Flexibility for phased development strategies
This JV structure is ideal for developers seeking to optimize capital efficiency while partnering with a landowner who is open to structured, value-driven collaboration.
Ideal Development Options
Subject to final approvals and JV agreement, the land is suitable for:
- Residential estates
- Apartment complexes
- Mixed-use residential-commercial projects
- Serviced apartments
- Corporate housing schemes
The land size allows for efficient master planning, internal roads, parking, and shared amenities.
Documentation & Due Diligence
- R of O title
- All land documents are handy
- Available for window search
- Transaction handled through the landowner’s mandate
Interested parties are required to submit:
- Letter of Intent (LOI)
- Company profile
Addressed to:
THE LAND OWNER
Property: 2 Hectares, IDU, FCT Abuja
Who This JV Is For
- Real estate development companies
- Corporate investors
- Institutional developers
- Joint venture project sponsors
- Housing solution providers
Inspection & Enquiries
This opportunity is open to serious and qualified developers only.
📞 Contact / WhatsApp: 08034139285
Conclusion
Joint venture opportunities of this nature—2+ hectares in IDU with no premium, flexible approvals, and clear title—are increasingly rare in Abuja. This offering provides a strong foundation for a high-ROI development through a well-structured JV partnership.
Submit your LOI and company profile today to secure a strategic position in IDU’s growth corridor.
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