Prime 2,800sqm Joint Venture Land in Katampe Main, Abuja
Overview
A prime 2,800sqm residential development parcel is available for Joint Venture (JV) in the highly sought-after district of Katampe, one of Abuja’s premium residential zones. This strategic property comes with a valid Federal Capital Development Authority Certificate of Occupancy (FCDA C of O), offering secure title and suitability for high-end residential development.
The land is ideal for luxury apartments, terrace developments, or premium residential estates, surrounded by fast-rising upscale projects and excellent road access. The current valuation stands at ₦1.5 Billion net, with a non-negotiable premium of ₦80 Million payable. The proposed JV structure is 60:40 sharing ratio.
Transaction Details:
- Land Size: 2,800sqm
- Location: Katampe Main, Abuja
- Title: FCDA C of O
- Land Use: Residential
- Property Value: ₦1.5 Billion Net
- Premium: ₦80 Million Net (Non-negotiable)
- Facilitator Fee: 10% of Premium (₦8 Million)
- JV Ratio: 60:40
- Required: Letter of Intent (LOI) and Company Profile
- Facilitator fee payable on signing of JV agreement
Location
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