Maitama 2, Maitama District, Abuja
₦20,000,000,000
| Property Ref: 3056745 | Added On: 26 Aug 2025 | Last Updated: 16 Sep 2025 |
| Market Status: Available | Type: Land | Total Area: 10,000 sqm |
NOTICE: *DIRECT BUYER COMMUNICATION ONLY* (NO AGENTS- NO MANDATES)
Prime 100 ha Landbank --- Maitama II, Abuja ---
For Sale at 200,000,000 / Hectare ---
R of O (Right of Occupancy)
Strategic 100 Hectares in Maitama II ---
Premium Residential & MixedUse Opportunity -
Titled (R of O) --- Immediate Availability
Key facts
- Location: Maitama II, Abuja (highend residential district; strategic proximity to government, diplomatic & commercial nodes)
- Size: 100.0 hectares = 1,000,000 sqm (contiguous landbank)
- Transaction: Outright Sale at 200,000,000 per hectare (open to structured offers)
- Total asking price (sale): 20,000,000,000 (Twenty Billion Naira)
- Title: Right of Occupancy (R of O) --- documents available for verification
- Premium: Nil (unless otherwise agreed)
- Facilitator fee: To be agreed / negotiable (specify in proposals)
- Availability: Immediate --- viewings and inspections by appointment only
Description
Transformative development land in Maitama II --- a rare contiguous 100hectare R of O landbank offered for sale at 200M per hectare.
Positioned in one of Abuja's most desirable enclaves, this parcel is exceptionally suited to a highend residential and mixeduse masterplan: luxury villa estates, gated communities, upscale apartment precincts, serviced plots, boutique retail nodes, and institutional land (schools, clubs, medical). With clear title and scale to deliver a cohesive, premium neighbourhood, this asset is ideal for institutional developers, private equity real estate funds, or consortiums seeking a trophy development in the capital.
Investment highlights
- Trophy location in Maitama II --- premium address with strong demand for highquality residential stock.
- Clean R of O title --- facilitates quicker transaction and project initiation.
- Large contiguous parcel (100 ha) enables comprehensive masterplanning, phased delivery and economies of scale.
- Flexibility: Suitable for luxury standalone estate, mixed residential precincts, or an integrated mixeduse development with commercial and institutional amenities.
- Opportunity to create a branded, high-margin product targeted to top-end buyers and institutional renters.
- Attractive institutional exit potential (offplan sales, buildtorent, REIT disposition).
Illustrative land-use split (example)
- Luxury villa precincts (low density): 30 ha (30%)
- Medium-density townhouses/serviced plots: 20 ha (20%)
- High-density apartments (premium) + mixed-use node: 20 ha (20%)
- Retail & neighbourhood commercial: 5 ha (5%)
- Institutional (school, clinic, community): 5 ha (5%)
- Parks, green corridors & public open space: 10 ha (10%)
- Primary roads, utilities & future expansion: 10 ha (10%)Total = 100 ha
Zone yields (illustrative calculations)
1. Luxury villa precinct --- 30 ha (300,000 sqm)
- Zone net efficiency 70% net buildable = 210,000 sqm
- Average plot size (high-end): 1,500 sqm Units = 210,000 1,500 = 140 villa plots
- Typical product: gated villas with private gardens, clubhouse and clubhouse amenities
1. Medium-density townhouses / serviced plots --- 20 ha (200,000 sqm)
- Net developable (70%) = 140,000 sqm
- Average plot/unit footprint 250 sqm Units = 140,000 250 = 560 townhouses/serviced plots
1. High-density residential / apartments & mixed-use node --- 20 ha (200,000 sqm)
- Net developable (70%) = 140,000 sqm
- Example FAR conservative = 2.0 GFA = 280,000 sqm
- Average unit gross size 100 sqm Units = 280,000 100 = 2,800 apartments (mix of 1--4 bed)
- Mixed-use commercial/residential within the node to support precinct amenities
1. Institutional, parks, retail & infrastructure --- remaining hectares support value and approvals (no direct residential count)
Indicative total residential units (rounded, illustrative)
- Villas: 140
- Townhouses/plots: 560
- Apartments: 2,800
- Total units 3,500 units
Illustrative GDV (Gross Development Value) --- sample
- Villas: 140 150M = 21,000,000,000
- Townhouses: 560 45M = 25,200,000,000
- Apartments: 2,800 28M = 78,400,000,000
- Total illustrative GDV 124,600,000,000
Transaction and structuring options
- Outright sale (preferred by vendor) --- purchase of entire 100 ha with clean R of O transfer.
- Bulk sale with phased handover --- buyer purchases majority and vendor retains small strategic parcels.
- Portfolio JV or partnership on selected parcels --- vendor equity piece with profit sharing.
- Purchase terms negotiable --- vendor open to credible institutional offers; details to be agreed.
Documents & due diligence (available/on request)
- Right of Occupancy (R of O) title documents --- available for certified verification
- Boundary plan & survey (to be provided)
- Topographic & preliminary geotechnical information (if available) --- recommended prior to exchange
- Environmental desk study / drainage overview (to be provided or commissioned)
- Utility capacity & existing access summary --- to be compiled for shortlisted parties
- Planning history / zoning notes (to be confirmed with FCT Authority)
Process (concise)
1. Submit expression of interest (EOI) --- indicate buyer identity, intended use, proposed structure, proof of funds.
2. We assign a relationship manager and share baseline title & survey documents to qualified buyers under an NDA.
3. Arrange confidential site visit and technical review (by appointment).
4. Agree heads of terms / sale SPA or structure and complete legal documentation with support.
5. Close transaction and coordinate transfer and mobilisation.
Call to action (Mr. Kola Adesina
For full details, title pack, site plans or to schedule a confidential inspection, contact:
Recommended technical & market studies (prepurchase)
1. Full title verification and encumbrance search.
2. Topographic, geotechnical & soils investigation.
3. Environmental & flood risk assessment.
4. Traffic & access study and required road improvements.
5. Utility capacity & connection feasibility (water, power, sewer).
6. Highlevel market & pricing study to validate GDV assumptions.
7. Highlevel QS cost plan and cashflow model with sensitivities.
Confidentiality
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA. Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
*PLEASE FEEL FREE TO BROWSE OUR OTHER FEATURED PROPERTIES*
Ref: Smart
