A rare Joint Venture (JV) opportunity has emerged in Kuje, Abuja, offering a 12-hectare plot of prime land for residential development. This property is ideal for developers, investors, and real estate companies seeking a strategically located, high-value project in one of the Federal Capital Territory’s fast-growing districts.
With a rectified Right of Occupancy (R of O) and no upfront premium, this JV presents an affordable entry into a large-scale housing estate development with strong long-term returns.
📍 Location: Kuje, Abuja
This 12-hectare plot is located by the major expressway in Kuje, providing:
- Excellent road frontage and accessibility for transportation and logistics
- Proximity to government offices, commercial hubs, and residential communities
- Secure and organized environment suitable for a large-scale housing estate
- Strategic positioning in a fast-growing area with rising property values
The location ensures that developers and investors benefit from early positioning in a district with high appreciation potential.
🏗️ Land Details and Development Potential
Land Size: 12 Hectares
This expansive parcel allows for the development of a comprehensive housing estate, including:
- Luxury and mid-range residential units
- Gated communities with green and recreational spaces
- Phased development options for maximum ROI
- Potential inclusion of community amenities such as schools, parks, and retail spaces
The size and layout of the land make it suitable for a high-density or medium-density housing estate, catering to various market segments.
Purpose: Housing Estate
The land is designated for a housing estate, allowing investors to:
- Build residential units tailored for families, executives, or rental markets
- Create modern, planned neighborhoods with security and lifestyle amenities
- Maximize revenue potential through phased or mixed development
- Leverage the growing demand for affordable and mid-to-upper range housing in Kuje
This ensures a profitable, long-term investment with strong market appeal.
Title: Rectified Right of Occupancy (R of O)
The property comes with a rectified R of O, ensuring:
- Full legal ownership and security for JV partners
- Eligibility for bank financing or development partnerships
- Peace of mind for investors regarding document integrity and credibility
The rectified R of O allows for smooth transaction processes and facilitates formal JV agreements with confidence.
💰 JV Terms and Financials
Land Value: ₦3.5 Billion
The land has a valuation of ₦3.5 Billion, offering a high-value investment opportunity with strong potential for capital appreciation.
Sharing Formula: 60/40
- 60% Developer
- 40% Landowner
This fair split ensures aligned interests and mutually beneficial returns from the development project.
Premium: Nil
There is no upfront premium, reducing the initial financial burden on the developer and allowing funds to be directed toward construction and project execution.
Facilitator’s Fee: 10%
A 10% facilitator’s fee applies, covering:
- Coordination between the landowner and JV partner
- Assistance with legal documentation and verification
- Ensuring a transparent and smooth transaction process
📝 JV Requirements and Conditions
The landowner requires the following to seal the deal:
- Letter of Intent (LOI) from interested developers
- Joint Venture Agreement (JVA)
- Company Profile of the developer
Once these documents are provided, the JV can proceed swiftly, ensuring a transparent and secure partnership.
🌆 Why This Kuje JV Opportunity Is Premium
✅ Large 12-hectare parcel ideal for a full-scale housing estate
✅ Prime location by the major expressway, offering high accessibility
✅ Rectified R of O title ensures legal security
✅ Fair 60/40 JV sharing formula
✅ No upfront premium reduces entry costs for developers
✅ Growing demand for residential estates in Kuje ensures strong ROI
✅ Facilitator ensures smooth, professional, and transparent process
This JV represents a unique chance for developers to participate in a high-value, high-potential housing estate in Abuja.
📞 For Enquiries and Next Steps
Serious developers and investors are encouraged to act quickly. JV opportunities of this scale in Kuje are rare and highly sought after.
📲 Call / WhatsApp: 08034139285
Submit your LOI, JVA, and company profile, schedule a site inspection, and secure this 12-hectare housing estate JV today.
Smil