Property Type: Commercial Land
Land Size: 9,800sqm (0.98 hectares)
Location: Along the new dual carriageway from Wuye to the beginning of Daikibiyu, Abuja
Investment Option: Joint Venture (JV)
Title: Verified documentation ready for credible developers
Sharing Formula: 60% Developer / 40% Landowner
Annual Value: ₦750,000,000
Contact / WhatsApp: 08034139285
Overview
An exclusive commercial real estate opportunity has emerged near Wuye, Abuja, offering 9,800 square meters of prime land strategically positioned along the new dual carriageway connecting Wuye to the Daikibiyu axis. This property is ideal for developers seeking to establish commercial real estate projects, including office complexes, retail spaces, or mixed-use developments.
The land is available primarily for joint venture development, giving serious developers the chance to partner with the landowner under a 60/40 sharing ratio. This ensures both parties benefit from the project’s success without the full upfront capital outlay.
Land Details
- Total Land Area: 9,800sqm (approx. 0.98 hectares)
- Land Use: Commercial
- Location Highlights:
- Directly along the new dual carriageway connecting Wuye and Daikibiyu
- High-visibility frontage ideal for commercial development
- Well-connected to major roads, residential neighborhoods, and business hubs
- Facilities & Features:
- Ready for commercial development
- Proximity to growing residential and business communities
- Suitable for office complexes, shopping centers, hotels, or mixed-use buildings
- Legal Documentation:
- All necessary documents are available for inspection
- Verified ownership ensures a secure and credible transaction
Investment and Joint Venture Terms
- Joint Venture Proposal: Open to credible developers with prior experience in commercial real estate
- Sharing Formula: 60% to the developer, 40% to the landowner
- Annual Land Value: ₦750,000,000
- Premium: None required upfront
- Facilitator’s Fee: Negotiable, typically 10% of agreed value
- Proposal: Developer may propose commercial projects such as:
- Office buildings
- Retail malls
- Hotels or serviced apartments
- Mixed-use complexes
Why This Land is a Smart Investment
- Strategic Location: Positioned along a newly developed dual carriageway, the land enjoys excellent visibility and accessibility, enhancing the commercial potential.
- Joint Venture Flexibility: The 60/40 sharing model allows developers to maximize profit without committing the full capital upfront.
- High Development Potential: With 9,800sqm, there’s ample space to develop multi-story commercial properties, ensuring strong return on investment (ROI).
- Secure Ownership: Verified land documents ensure legally safe transactions, giving investors confidence.
- Growing Area: Wuye and Daikibiyu are rapidly expanding commercial corridors, promising long-term capital appreciation and rental yield.
How to Proceed
Interested developers should follow these steps to secure the joint venture:
- Send a Letter of Interest (LOI): Express intent to participate in the JV.
- Provide Company Profile: Demonstrating past commercial development experience.
- Site Inspection: Visit the land to verify size, location, and suitability for proposed projects.
- Meeting with Owner: Discuss the sharing formula, JV agreement, and project proposals.
- Sign JV Agreement: Secure your partnership officially and commence development planning.
LOI / Contact Address:
The Landowner
Near Wuye – Daikibiyu Axis, Abuja
WhatsApp / Call: 08034139285
Pricing and Value
- Annual Land Value: ₦750,000,000 per year
- Sharing Formula: 60% Developer / 40% Landowner
- Premium: None
- Facilitator’s Fee: 10% (negotiable)
- Project Proposal: Open for multi-story commercial or mixed-use developments
Key Takeaways
- High Visibility: Direct access to the dual carriageway enhances commercial prospects.
- Flexible Joint Venture: 60/40 sharing formula minimizes upfront capital requirement.
- Ample Land Size: 9,800sqm allows for large-scale commercial development.
- Legally Secured: All ownership documents are ready and verifiable.
- Growth Potential: Area is strategically located in a fast-growing Abuja corridor.
This prime commercial JV opportunity near Wuye is ideal for experienced developers looking to launch high-return real estate projects in Abuja.
Act fast – serious developers only!
Contact / WhatsApp: 08034139285
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