Joint Venture: 10 Hectares Estate Development, Monastery Road, Sangotedo, Ajah, Lagos (Ref: 531591)

10 Hectares Estate Development

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Property Description

*STRATEGIC FINANCIAL INVESTOR/DEVELOPER URGENTLY REQUIRED FOR AN ESTATE DEVELOPMENT OFF MONASTERY ROAD, SANGOTEDO:*

10 Hectares (150 Plots) and will entail constructing infrastructure to create:

- About 250 Living Spaces in the Residential Zone with Pedestrian-friendly Streets & Walkways;

-Shopping Mall, Restaurant & Office Blocks in the Commercial Area;

-An Artificial Lake, Water Fountains, Field Games & Greenery in the Recreational Park.

The Proposed Estate will be State-of-the-Art beating Nicon Town & Twin Lakes.

*Already the promoter who was Ex-V.P. Chevron Africa, has sunk about N2.5Billion into the project which covered Land Acquisition, Drawings & Approvals, Fencing, Site Electrification, Acquisition of a 200K.W. Transformer, Purchase of Project Vehicles and Project Payroll Costs.

*Commitments from Chevron Cooperative were in place (few years ago) but can be updated if required.*

*Already we had over N600Million in subscription as offtake from Chevron but had to be refunded as the Landowner does not want to hold funds without a clear end-game. He also has interests from Exxon & Addax Cooperatives.

*Note that he's willing to work in phases with your investors if they are interested.*

*Cashflow projections are with me and would be sent if interested. Building plans have already been concluded with foremost American architects. With offtake on ground, all we need now is the right investor/partner.*

*Contact: +2348139096910; +2348123173582.*


Property Details

Property Ref: 531591Last Updated: 24 Nov 2020Market Status: Not Available
Type: Residential Land      

Interesting Facts

Sangotedo boasts a captivating history intertwined with Nigeria's past, a thriving real estate market, and strategic access to key transportation routes, making it a unique and promising location.

Leisure and Shopping

Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Complex, Olad Plaza, and many more enrich the leisure and shopping choices available in Sangotedo.

Popular Estates

Sangotedo boasts a diverse selection of well-known estates, each presenting distinctive attributes, safety measures, and lifestyle choices. Included among these are Westpoint Estate, Diamond Estate, Fountain Springville Estate, Pearl Gardens, Happy Land Estate, COOP LEGACY Estate, Royal Palm Villa Sangotedo, Woodlands Park Estate, and numerous additional esteemed residential communities in the area.

Day Life

Sangotedo provides a rich array of daytime activities, including options for dining, family-friendly amusement parks, sports facilities, restaurants, and access to quality education. Some of the enticing destinations to explore in Sangotedo encompass Giwa Gardens, Lufasi Nature Park, Tiger Active Sports Complex, Funworld, H & Y Restaurant And Cafe, and Planet Restaurant, among many others.

Night Life

Sangotedo awakens with vibrant energy as the night falls, offering a dynamic nightlife scene filled with nightclubs, karaoke spots, international dining, and the serene allure of Sangotedo Beach. Among the plethora of options, you can discover memorable nighttime experiences at venues like O'bar Lounge, Nucleus Bar & Lounge, Lounge 107, O.richy Restaurant And Lounge, WoodHouse Beers n' Grills, 1401 Lounge, and The Chess Bar & Lounge. These establishments promise an unforgettable evening after a long day.

Schools

Sangotedo boasts a diverse array of esteemed educational institutions, all dedicated to providing top-notch learning experiences and equipping students for a promising future. Among these prestigious schools are Crown Crest School, Kayron International School, Splendid Steps School, Glybridge Schools, Debiruss College, Progresso School, The White Dove Schools, and numerous others.

Read the full area guide for Sangotedo, Ajah, Lagos.

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