Distress Sale: Uncompleted 2-Storey Residential Building at Avu, Owerri
Owerri, Imo State, Nigeria
Price: ₦45,000,000
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
