Residential Properties for Sale Ref AL-764

Distress Sale: Uncompleted 2-Storey Residential Building at Avu, Owerri

Ovu, Owerri, Imo State, Nigeria
₦45,000,000
AL-764
Reference

Overview

This is a rare distress sale opportunity located in the fast-developing residential area of Avu, along the Avu–Oforola Road, Owerri. The property consists of an uncompleted 2-storey building with the first floor already decked and designed for spacious 2-bedroom flats.

Strategically positioned just 2 minutes from the Owerri–Port Harcourt Road via Avu Junction and very close to Avu Market, this property offers excellent accessibility and strong investment potential.

The neighborhood is rapidly appreciating, with a standard plot of land within the area currently valued from ₦30 million and above, making this an exceptional value deal for developers, investors, or buyers looking to complete and customize a residential project.

Property documentation includes Power of Attorney, Survey Plan, and Building Plan.

Key Features

  • Uncompleted 2-storey residential building
  • First floor already decked
  • Designed for 2-bedroom flats
  • Prime location along Avu–Oforola Road
  • Close proximity to Avu Market
  • 2 minutes drive to Owerri–Port Harcourt Road
  • Fast-growing residential environment
  • Excellent investment opportunity
  • Available documents:
    • Power of Attorney
    • Survey Plan
    • Building Plan

Price

₦50,000,000 Net

Now Selling for ₦45,000,000 Net

Land is suitable for

  • Residential Development

Location

Ovu, Owerri, Imo State, Nigeria Open in Maps

Looking for something else?

Browse properties to buy, rent, lease or develop across Africa, or tell us what you need and we will send matching options.

© 2026 African Land. Real estate investment across Africa. Capital at risk. Privacy · Risk warning · Modern Slavery Act · Terms
WhatsApp Chat