31 Acres Of Premium Lands

OFFER TO SELL 12.423 HECTARES.

We wish to formally introduce and offer for sale the above named property
for development by your organization under the following terms;

Description: Mixed Development Parcel of sand-filled land ready for
development.

Location:bordering Northern Foreshore Estate and
Pinnock Beach Estate Lekki.

Size: 12.423 Hectares (124,230sqms) or 31 Acres.

Price: =N=50,000.00 per square
meters negotiable).

Title: Registered Deed of Assignment as listed below;

1. Copy of Contract of Sale Agreement between AMCON & Diverse Concepts
Group.
2. Copy of registered Deed of Assignment between Ojomu Chieftaincy
Family and Lekki Geny Ltd (The Original Owner)

Original Title documents are available to be cited.

Registered title currently in favour of Lekki Geny Company Limited registered as No. 37 at Page 37 in Volume 2202 of the Land Registry in the Office at Lagos.



INVESTMENT CASE

1. Location: Property is located geographically amongst various other developed estates like Nicon (Chevron) Town Estate, Femi Okunnu Estate, Beach Resort Estate, Victory Park Estate, Friend's Colony Estate and particularly shares immediate boundaries on it's north, east and west with SPDC Shell Estate, Pinnock Beach Estate and Northern Foreshore Estate respectively.

2. Proximity: The property lies within 15mins drive from the Admiralty Circle Toll Gate in Victoria Island. It is not far from Lekki Phase 1 and Oniru, making it attractive investors especially following the introduction of the 2nd Toll Gate after the Chevron axis on the Lekki Expressway.

3. Nature of Land: The whole 12.423 Hectares is fully sand filled and is ready for immediate development given that it's sand filling was done over 4 years ago.

4. Price: Proposed selling is suggested at about N50,000 per square meters which brings the potential revenue to about Six Billion, Two Hundred and Eleven Million (N6,211,000,000.00). This means the property is being offered at a discount of between 24% - 41% when compared with other properties within it's neighborhood so selling it shouldn't be a problem. The following breakdown shows going rates of land in that vicinity.

Estate Name Status. Price/sqms

Northern Foreshore Estate Full infrastructure available. N91,000
Pinnock Beach Estate Full infrastructure available. N77,000
Victory Park Estate. Minimum infrastructure available. N69,000
Nicon (Chevron) Town Estate Full infrastructure available. N110,000
Lekki Phase 1. Moderate/Full infrastructure available. N100,000.

Serious Developers,organizations or Individuals should Contact Next Legends on


Mobile: 08146307394
08138484955
Email:[email protected]
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