IFITECH AND ASSOCIATES LTD - Excellent Property...

IFITECHANDASSOCIATESLTD

1May, 2017www.excellentpropertymag.com bulletin

2 May, 2017 www.excellentpropertymag.com bulletin

3May, 2017www.excellentpropertymag.com CONTENTS

HOT LINES: 07039767429,09026875008

market watch market intelligence

investors platform

architecture

interior decor

affordable homes

foreign property

Ikoyi Moves From Old To New!!!

Looking For Low-Budget Properties?

Prime property prices in central London rise quarter on quarter for first time since 2014

Have You Been Priced Out Of Top Lagos Mainland Estates?

Understanding Nigerias Law On How You Can Legally Own Land!

The Hanging Gardens of...Birmingham?

Modern TV Stand Designs for Ultimate Home Entertainment

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10 14

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LAGOS OFFICE: SUTIE B35 MAYFAIR GARDEN

SHOPPING COMPLEX, AWOYAYA, IBEJU LEKKI, LAGOS

STATE.

OWERRI OFFICE: MUNICIPAL PLAZA MCC ROAD

OWERRI, IMO STATE.

ENUGU OFFICE: SHOP B3&4, UNEGBE PLAZA

TIMBER MARKET. PLOT 553 NIKE LAKE ROAD,

ENUGU STATE.

ABUJA OFFICE: SUITE FF1, BUSY MART PLAZA,

JABI ABUJA, FCT.

OUR OFFICES:

OUR COVERAGE LAGOS

IBADAN ABEOKUTA

ABUJA P/HARCOURT

ASABAEBONYI ENUGUOWERRI

MAKURDIONITSHA

Dear Esteemed Reader,

Kindly note that EXCELLENT PROPERTY MAGAZINE is only an advertising platform for Real Estate Products and Services. We therefore advise that you make proper ver-ification and carry out all necessary due diligence before consummating a transaction as we shall not be liable for any fraudulent contract.

Please, LET THE BUYER BEWARE!!!

Thanks Management.

CAVEAT EMPTOR!!!

4 May, 2017 bulletinwww.excellentpropertymag.com

PROPERTIES FOR SALE LAGOS ISLANDTO LET Semi-Detached Bungalow at Sunny Villa, off Addo-round about N800k TO LEASE A building of 3 floors {Pent house} 2 Guest Chalets on more than 1000m2 by Budo Estate. Ajah. Price: N6M Per annum (5 years minimum).

JOINT VENTURE1. LOCATION: Adeola Odeku V/I Land Size: 3500m2 Title: C. of O. Value:

N1.4Bn Development: Block of flats 12 floors minimum of 60 flats Premium: None. Facilitators Fee: 5%.2. LOCATION: Ikate (by World Oil) Land Size: 3000m2 Title: C. of O. Value: N50M/600m2 Development: Terrace Premium: None. Facilita-

tors Fee: 5%.3. LOCATION: Royal Garden Land Size: 4.193 Hectares Title: Lagos State Letter of Allocation with C. of O. Value: N25M per 550m2 Development: Open Proposal Owner wants to sell 2 Acres (12 plots)

before J/V Premium: None. Facilitators Fee: 5%.4. LOCATION: Abraham Adesanya (by Lekki Scheme 2 Road) Land Size: 25

Hectares Value: N15M/plot Development: Mixed Development Premium: None Facilitators Fee: 5%.5. LOCATION: Sugar Land, VGC. Land Size: 20,000m2 Title: C. of O. Value: N90M/1000m2 Development: Open Proposal Premium: N150M Facilitators Fee: 5%.6. LOCATION: Off Spar Rd, Ikate Lekki. Land Size: 4,500m2 Title: C. of O. Value: N350M Development: Open Proposal Facilitators Fee: 5%.7. LOCATION: Gerrald Road Ikoyi Land Size: 7,100m2 Title: C. of O. Value:

N3.5Bn Development: Terrace (with shoreline protection) Premium: None Facilitators Fee: apply8. LOCATION: Osborne Road Ikoyi Land Size: 2,800m2 Title: Lag. C. of O. Value: N650M Development: Drawing and approval for terraces High

rise of 3 storey building. Premium: None Facilitators Fee: 5%.9. LOCATION: Park View Estate Ikoyi Land Size: 1092m2 Title: Lag. C. of O.

Value: N800M Development: 12 Units of 5 floors of 3-BR Facilitators Fee: 5%.

FOR SALE V/ISLAND,1. 23,000m2 at Oniru Title: C. of O PriceN:3.5Bn2. 5000m2 Adeleke Adedoyin by Kofo Abayomi V/I with Lag. C. of O. N1.8B

asking.3. 2000sqm on Adeola Odeku VI with Fed. CofO. Price: N1.2B asking4. 1100sqm with 5bedroom semidetached duplex on Onilegbale off Ger-

rard Ikoyi with Lagos C. of O. Price: N450m.5. 18000sqm W/F at Water Corporation, Oniru, VI. Price: N130,000/sqm.

asking.

IKOYI/BANANA ISLAND1. 2,500m2 Kingsway Rd, Title Fed. C. of O. Price:N1.6Bn2. 3,400m2 Glover Rd, Title Fed. C. of O. Price:N1.6Bn3. 8,000m2 18a Thompson Avenue, Title: Land Cert. Ikoyi N2.8Bn4. 7100sqm on Gerrard Road Ikoyi with Fed CofO. Price: N3.5B asking5. 2100m2 on Bourdillon Ikoyi with Fed C. of O. Price: N800M asking6. 28,000sqm on Bourdillon, Ikoyi, Price: N12Bn ONO7. 950m2 W/F detached duplex on Ademola Ikoyi. N500m asking8. 4050m2 on Kingsway Ikoyi with Fed. C. of O. Price: N3.5B asking9. 5100m2 on Rumens by Bourdillon with Lagos Title. Price: N2.5B asking.

LEKKI 1. 2,600m2 by KICC Osapa London, Title: Gov. Cons N350M (asking)2. 5000m2 opp. Agungi Bus Stop. Title: C of O and Gov. Cons. Price:N650M

3. 20,000m2 sand-filled by Julius Berger fenced with Chevron, Gov. Cons. N3.5Bn

4. 10,000m2 at Altern. Rd, Beside Chevron, Gov. Con. N1.4Bn5. 50 acres of land at Conservation Park Rd, near Chevron Price:N30M per

plot6. 2 Acres of land by Conservation foundation Lekki N30M per plot.7. A plot of land at Olugborogan Villa, Chevron Lekki, N35M.8. 5,276m2 land at Grace Field Estate behind Chevron/VGV, C. of O N68M

per plot9. 4 plots at Lekki County Estate (Resettlement Scheme) C. of O. N20M p/p10. 5-BR Dup. furn. Kitchen with Gas cooker, 9 A/C at Lekki County Est. Ajah,

N65M11. 20 Acres on Ogombo Rd, Lekki 2 beside Abraham Adesanya Estate C.of

O N2Bn12. 50 Hects. of land along Abraham Adesanya- Ogombo Rd, C.of O. N300M

/ hect.13. 5 Acres at Abijo C. of O. and Gov. Consent N550M (asking)14. 15 Hects. of land at Lekki Scheme 2 Title: Excision; N7M per plot.15. 2 acres (12 plots) at Royal Garden (letter of Allocation) N25M per

N550m216. Blk 22 plot 16, 900m2, N25M (b) Blk 62 plot 36A, 965m2, N18M17. 20 Acres behind Shoprite Sangotedo. C.of O. with approved layout.

N12M p/p18. 952m2 land at Abijo Kingdom Hall C. of O N25M19. 2 Acres of land at Shapati opp. Beachwood Estate, N2.5M per plot20. 30 plots at Alahun after Bogije. Excision, N5M per plot21. 7 Acres by Eleko, along Eleko-Akodo Rd, behind Amen Estate, Excision

N3M p/p22. 30 Hects. of land behind Eko Akete, along Lekki-Epe Exp. Awoyaya.

N3M/ plot.23. 34.882 Hectares(86.193 Acres) Abijo GRA Title: Regd. Deed Price:N5M

per plot24. 132.094 Hectares (326.401 Acres) Abijo GRA : Regd. Deed Price:N5M /

plot25. 1 Hect. of land At Abijo G.R.A facing the Express Road Title C. Of. O

N120M26. 1 Hect. of land At Abijo before G.R.A facing the Express Road N160M 27. 1 Hect. Facing Exp. After Shoprite Shangotedo Title Land Gazette N15M

Per Plot28. 10 Hect. land behind Greenspring School & Coscharis Motors C.of O.

N1.2Bn29. 15 Hect. Land Beside Dangote Refinery site Free Trade Zone C. of O

N700M30. 10 Acres of land facing Atlantic Ocean C. of O. and Consent N10M31 6 plots of land along Okun Ajah C. of O and Consent N10M per plot32. 10 Acres of land directly opp. Lagos FTZ, W/F, along Eleko Rd, N6M per

plot.33. 2.9 Hects (45 plots) behind French Coloney Estate and facing Pinnock

Estate C. of O. N1.66Bn34. 4 Plots of land at Ajah by Nepa and Addo Rd, corner piece, Gov. Con.

N250M35. 1,700m2 along Badore Rd, Gov. Cons. N60M36. 2 plots at Badore Rd, Ajah, Mixed Dev. Over 600m2 Title: Gazette N30M37. 5 plots of land along Badore Rd, Eti-Osa LGA, Price:N6.5M per plot38. 1,300m2 at Cooperative Villa Phase 2 Badore C. of O. N25M39. 570m2 at Cooperative Villa Phase 2 Badore C. of O. N17M

IKEJA 2.681 Acres (1000m2) 33000sq ft 2 Bay Warehouse, Title C. of O. N1.7Bn1. 4,000m2 land at Remi Fani-Kayode Str. Lagos C. of O. N750M2. 2,100m2 at Adekunle Fajuyi Way Lagos C. of O. N400M3. 1,500m2 at Ladoke Akintola Str. Fed. C. of O N300M (Net)

- For more visit our website:www.osagimachambers.org

08085403754 E-Mail: [email protected], [email protected]: www.osagimachambers.org.

OSAGIMA CHAMBERS (LAGOS)27 Akinnagbe Str. Addo-Ajah.Tel: 08056425856, Whatsapp 09080423910.

ABUJA OFFICEShop A12 FCDA Shopping ComplexKubwa. Abuja. F.C.T.08033482548, 08079775828.


For enquiries on the above listed properties, please contact; LETTING (LEKKI AXIS): 08159193954, 08053696304, 08053696307, 08053696300

SALES: 08053696304, 08053696396, 08053696300, 08059193954SALES& LETTING (IKOYI & MAINLAND):08053696303, 08053696310

SALESIKOYI 1. A fenced plot of land measuring 4,500sqm. Price

N1.5 billion2. Atastefullyfinishedsemidetachedhouseof5bed-

rooms with a room BQ, 2 sitting room and ample parking space. Price: N250 million

3. One hecter of land. Price: N4 billion 4. A land measuring 3000sqm. Price: N2 billion5. A empty land measuring 5000sqm. Price: Open6.2unitsoftastefullyfinished4bedroomdetached

housewithfittedkitchenandampleparkingspace.Price: N180 million and N230 million respectively.

VICTORIA ISLAND1. A land measuring 2200sqm at Ahmadu Bello way

beside silver bird gallery.Price 700m Title C of O.

ONIRU ESTATE1. Tastefullyfinished6nosof4bedroomterrace

house with a room Bq attached, ample parking space, swimming pool and play court. Price: N100 million per each

LEKKI PHASE 11. A parcel of land measuring approximately 4100sqm.

Price: N4 billion Title: Deed of Transfer2. 8 units of 4 bedroom terraces with a room BQ each,

swimming pool, and common gym. Price: N120M each. Title: Governors Consent.

3. Anewlybuilt5bedroomdetachedwithfullyfittedkitchen and swimming pool with ample parking space. Price: N255million

4. Newlybuilt5bedroomdetachedhousewithfittedkitchen, a room BQ and ample parking space. Title: C of O. Price: 120 million

5. 2 units of modern design 4 bedroom detached house,moderncinema,exceptionallyfittedkitchen,tastefullyfinishedlighting,2sittingroom+aroomBQ allotted to each Price:N230 million each

6. 7 bedroom massion with 1rm BQ and spacious rooms and can accommodate 10 cars, Price:N130m asking

7. Tastefully built 7 bedroom duplex with 2 bedroom BQ,fittedkitchen,moderninteriorfitting,suspendedspeakers and ample parking space. Price: N275 Million. Title: C of O

8. Luxury 6 bedroom town house with BQ, club house, swimming pool, Gym and ample parking space. Price: N180 million. Title: C of O

9. Aunit4bedroomluxuryflatwithluxuryfacilitysitu-ated in a serene estate. Price: N60 Million Title: C of O

10.Ablockof8unitsof3bedroomluxuryflatwithampleparking space. Price 80m Each

11. Newlybuilttastefullyfinished5bedroomdetachedhousewithpersonalswimmingpool,fittedkitchen,a room BQ and ample parking space. Price: N185 million. Title: C of O

CHEVY VIEW ESTATE1. Tastefullyfinished5bedroomsdetachedwitha

roomBQandfittedkitchen.Price:N65MillionTitle:C of O

2. Tastefullyfinished4bedroomsemidetachedhousewith a room BQ and ample parking space. Title: C of O. Price: N55 Million

3. 4 units of newly built 4 bedroom semi detached housewithfittedkitchenandaroomBQinaspa-cious compound. Price: 70 million each

4. Tastefullyfinished8unitsof4bedroomsemidetachedhousewithfittedkitchenandaroomBQeach. Price: 65 million. Title: C of O

IDDADO ESTATE1. 4 units of 4 bedroom semi detached house with

fittedkitchen,speakerfittedceiling,aroomBQandample parking space. Price: N50 million.

2. 5bedroomdetachedhousewithfittedkitchen,Jacuzzi in master bedroom, family lounge, a room BQ and ample parking space. Price: N67 million

AGUNGI1. A well-built 2 (NO) 5Bedroom semi-detached house

withfittedkitchenandaroomBQeach,amplepark-ing space, security doors. Price: N60 Million each. Title: Governors Consent.

2. 2nosof4bedroomtastefullyfinishedduplex+1room BQ attached to each,

Price: N48 million3. 2 units of luxury terrace house of 4 bedrooms with a

room boys quarter, common swimming pool, invert-er, gym and club house. Price: 57million each. Title: Governors consent

OSAPA - LONDON Anewlycompleted6(nos)4Bedroomterraceswith

water treatment plant. Title: Governors Consent. Price: N45M each Tastefullyfinished5bedroomduplexwitharoom

BQ and ample parking space. Price: N70 million per wing

Tastefullyfinished4bedroomterracewithseparategarage,aroomboysquarter,fittedkitchenandample parking space. Price: N48 million naira

Exceptionalfinishedduplexof4bedroomwitharoomBQ,fittedkitchenandampleparkingspace.Price: N75 million per wing

Exceptionalfinished4unitsof4bedroomterracewitharoomBQ,separategarageandfiitedkitchen.Price: N50M each

Newlybuilt5bedroomdetachedhousewitharoomBQ,fittedkitchen,swimmingpool,exceptionallycoatedfloorandampleparkingspaceinVictorypark estate. Price: N150 million. Title: C of O

IKATE ELEGUSHI 10unitsof3bedroomluxuryflatsinasereneand

gated mini Estate.Price:55m each. Title: Global C of O.

5unitsof4semidetachedhousefittedkitchenandample parking space. Price: 65 million. Title: C of O

8unitsof5bedroomdetachedhousewithfittedkitchen and a room BQ and ample parking space. Price: 75 million each. Title: C of O

CHARLTON GATE ESTATE: 4bedroomwell-furnishedduplexwith1roomBQon

500sqm.Price:N160M asking. Title:Governors Consent.

IKOTA Tastefullyfinished2nosof4bedroomsemi-de-

tachedhousewithfullyfittedkitchen,aroomBQand ample parking space. Price: N47million asking

Title: Governors consent 5bedroomdetachedhousewitharoomboysquar-

ter,fittedkitchenandampleparkingspace.Price: N62 million, Title: Deed of Assignment

4bedroomsemi-detachedhousewitharoomBQand ample parking space. Price: N45 million, Title: Deed of Assignment

IBEJU-LEKKI 6 Plots of land located on a strategic location. Price:

N6M per plot.

LETTINGLEKKI PHASE 11. AtastefullyfinishedBlockof4(Nos)3Bedroomflat

with all rooms ensuite, ample parking space. Rent: N3M P/A.

2. 2BedroomFlatwithallroomsensuiteatdifferentlocations. Rent ranges from: N2M 2.5M P/A.

3. 2 units of 6bedroom town house with 1rm BQ. Rent: 7million, S/C: 2million

4. Atastefullyfinished5bedroomsemi-detachedwithminiflatattachedandampleparkingspaceRent:5million per annum

5. Tastefullyfinishedandfullyfurnished3bedroomluxuryflatw2ithfullyfittedkitchen,swimmingpool,gazebo, a room BQ and ample parking space. Rent: N3.5 million/ annum. S/C: 1.5 million deposit

6. 4 bedroom semi-detached house with a study room, a room BQ, security post and ample parking space. Rent: N4.5 million per anuum

7. Easily accessible open shop in service mall with ample parking space.Rent ranges from N1.5mil-lion-3.4 million.Service charge:N600k per annum @ Admiralty way

8. 4unitsof2bedroomservicedflatwithamplepark-ing space. Rent: N2.3 million per annum. S/C: not yet determined

9. 2 units of 2 bedroom bungalow in a spacious park-ing space and children play area. Rent: 2.5 million

10.3unitsofminiflatandampleparkingspace.Rent:N1.5 million per each

11. Tastefullyfinished3bedroomluxuryflatwitharoomBQattachedwithelevator,a/cfittedrooms,common swimming pool, common relax area, 20 hours power supply and ample parking space. Rent: 4 million. service charge; 2 million per annum

12.Exceptionallybuilt2unitsof2bedroomflatwitharoom BQ and ample parking space. Rent: N7 million each

13.Exceptionallyfinishedluxury3bedroomflatwitharoomBQ,swimmingpool,fullyfittedkitchenandample parking space. Rent: N7.5 million per annum each

ABIJO Abeautifullyfinishedblockof6units3bedroom

flatwithallroomEnsuiteandveryspaciouspark-ing space with spacious children play area. Rent: N900k

MAINLANDa.VarioussizesofofficespacesatTheLordReigneth

Plaza, Apapa. Rent: N600,000 N2m P/A.b. 2 units of 5bedroom duplex with a room bq and

ample parking space.Rent:2.5m per annum.

AFFORDABLE PROPERTY FOR SALE ! !! !!!5 units of Fully furnished and service 3 bedroom luxury flat with fitted kitchen, TV, CCTV, DSTV, Internet, Standby Generator, Swimming Pool, Boys quarter, Recreation point, Children play area, Settee, Dinning set, Cutleries, refrigerator, Gas Cooker,

Microwave and all room fitted with air conditions.SALE: N 60 MILLION EACH

LOCATION: ISABEL COURT, HAKEEM DICKSON, LEKKI PHASE 1


FOR SALE: OAK HOMES AVAILABLE PROJECTS: ONIRUNICOLES PLACE is a development of 19units (15units of 3bedroom luxury apartment. Price65M.2bedroomluxuryapartment55Mand2unitsof4bedroompenthouse)price:125MallattachedtoBQ.Location:LawanioduloyestreetoffpalaceroadOniruLagos.

ONIRUKAYLASHAVEN1isadevelopmentof16unitsofsemidetached(12unitssemidetached of 5bedroom all attached to a BQ. price: 130M. While 4units for Terraces of 4bedroom Apartment all attached to a BQ 110M). Location: Oba Yusuf road (opposite city of David church by four points by Sheraton Hotel oniru) To be delivered by Dec 2017). Payment plan: can be spread one year.

ONIRUKAYLASHAVEN2isadevelopmentof6unitsofTerraceDuplexesof4bedroomallattached to a BQ. Price 100M. Location: Jakande crescent, oniru Lagos. Minutes drive from 4points by Sheraton Hotel) . To be delivered by April 2018. Payment plan: can be spread one year.

IKOYILUSSO a development of 5units gated Terraces of 4bedroom all attached to a BQ. Price:210M.Location:TurnbullroadikoyiLagos.50%completedtobedeliveredbyAugust 2017. Payment plan: 50% down payment then spread the remaining across 6months.

VICTORIA ISLANDOAK RESIDENCE is a development of 14units (12 units of 3bedroom Luxury Apartment allattachedtoaBQ.Price:100M.And2unitsof5bedroompenthouseprice:250M).Location:Musayaraduaroad,VILagos.TobedeliveredbyMarch2018.Paymentplan: can be spread one year.

ONIRUOAKHEIGHTisadevelopmentof2blocksof22units3bedroomluxuryapartmentallattached to a BQ. Price 65M. Location: Abisogun street oniru 5 minutes drive from 4 points by Sheraton Hotel. To be delivered by April 2018. Payment plan: can be spread one year.

Note: 3D pictures are available for all the projects on request.

For inspection or Queries callNelson - 08050695489. Keke - 08082646690

Oak Homes

...LuxuryyoucanAfford


LAND Plots of land at Mainland Estate, Mowe-Ofada 2.5m per plot 3acres of land close to the express at Mowe 75m 2plots of land at Okun Mopo, after Atican, Ajah 3m per plot Plots of land Opp LBS, after Abraham Adesanya-Ajah 25m per plot 250sqm of land at Destiny Homes Estate, Abijo 2m Plots of land at Abijo-Ajah 4m-7m per plot 2plots of land at Eputu, Ibeju-Lekki 10m per plot Plots of land at Awoyaya, Ibeju-lekki 7m-12m per plot 1 acre of land behind Daviteck, Oribanwa, Ibeju-Lekki 8m per plot 32plots of land behind Pan Africa University Eleko, Ibeju-Lekki 1m per plot 2acres of land at Elerangbe, Ibeji-Lekki 900k per plot 1acre of land at Ibeju-Agbe 1.5m 2.5m per plot Acres of land Oshoroko, Free Trade Zone, Ibeju-Lekki 1.2m per plot Hectares of land after LaCampagn, Lekki free trade zone 650 per plot 17acres of land behind WAKAS, Igando, Ibeju-Lekki 3.5m per plotPROPERTIES FOR SALE 3bedroom bungalow with 3miniflat and 6 shops at Ikotun 2m asking Uncompleted 5bedroom bungalow on a plot of land at Akute, Ifo 7m 4nos newly built 3bedroom flats at Ikate, Lekki 150m 4nos 3bedroom flats at Badore, Ajah 60m asking 2nos 4bedroom bungalow at Ogidan, Ajah 30m 2bedroom with a mini-flat at Sangotedo-Ajah 10m Newly built 6nos 2bedroom flat at Majek, Ajah 55m asking Bungalow with 2bed, 2nos miniflat & Roomself at Lakowe, Ibeju 15m asking 2nos uncompleted 3bedroom flat at Lakowe, Ibeju 13m Bungalow with 2bed and 2nos miniflat at Shapati, Ibeju 12m askingPROPERTIES FOR RENT Newly built executive 3bedroom flats at Mairan, Abule-Egba 400k Newly built 4nos 3bedroom flat at Ikate, Lekki 1.6m 6bedroom duplex with 2nos 3bedroom bq at Ajah 6m 3bedroom flats at Abraham Adesanya Estate, Ajah 800 1.3m 3bedroom flat at Graceland Estate, Ajah 900k Newly built 2bedroom flat at Ogumbo, via Abraham Adesanya 500k newly built 6nos 3bedroom serviced apartment at Olokonla 1.5m Newly built 6nos 3bedroom flat at Awoyaya, Ajah 600k Newly built 2nos 2bedroom flats behind mayfair, Awoyaya 400k 3bedroom flat behind Golden Park, Ogidan-Ajah 650k Office space opp splash restaurant, Ogidan, facing express 500k 6nos 3bedroom flats at Lakowe, Ibeju-Lekki 600k 300sqm of office space facing express at Oribanwa, Ibeju 2m Filling station on more than 2000sqm along Lekki-Epe express 20m

In the 70s, 80s and early 90s, Old Ikoyi was mainly a Government Reserved Area, dominated by sin-gle unit bungalows and one sto-rey buildings on large plots of land (3,000sqm and above). But all that has changed; influenced by the massive sale of Federal Government landed properties in the area over the last two decades. Also, the rising prices of plots and procedures need-ed to perfect land title documents in Old Ikoyi has led to a situation where developers have to go as high as they can or add more units to their devel-opments on these large plots of land in other to get reasonable returns from their investments.

The recently released approval or-der for buildings in Ikoyi by the Lagos State Government has made it possi-ble for developers to go as high as 30 floors and also build up to 15 apart-ment units on a 1,000sqm of land. The developers have been respond-ing effectively to the gesture and the skylines and face of Old Ikoyi over the last two decades have changed enormously. A recent check on some of the newly completed and ongoing projects in the area got me really fas-cinated by the ingenuity of modern day Ikoyi developers. There is a com-petition that is translating into excel-lence amongst the developers.

For example, Hotels of interna-tional standard are currently being developed in the area. One of them is the Transcorp Hilton Hotel on Glov-er Road, opposite Lagos Prep School. The new Transcorp Hilton, Ikoyi is to come with a minimum of 300 rooms and is jointly owned by Transcorp Ho-tels Plc. and Heirs Holdings. Other ho-tel developments include the one by Chelsea Hotel, Abuja on the Osborne Road and Alfred Rewane Road junc-tion and that of Chief Sunny Odogwu at the exit point from Inner Crescent to Gerrard Road whose construction is presently stalled. When eventually completed, the impact of these mas-sive developments on the character of Old Ikoyi can be predicted. Already, hotels like Southern Sun and Wheat Baker have continued to significantly impact on the traffic situation of their immediate environment when host-ing events.

In-between Modupe Alakija Cres-cent (formerly Ikoyi Crescent) and Inner Crescent are several other ongoing mammoth developments in Old Ikoyi. Dayspring Properties Limited owned by Mrs. Folorunsho Modupe Alakija now revered as the richest black woman on earth has an ongoing gigantic development on Modupe Alakija Crescent, while Chartwell Africa Limited and Project

Scope Limited also have massive res-idential developments going on in the area.

The number of completed and ongoing commercial and mixed use high-rise developments have also increased in Old Ikoyi. There are cur-rently about ten new developments on and off Alfred Rewane Road (for-merly Kingsway Road); they include: Heritage Mall on 15 floors, Kingsway Towers on 16 floors, Alliance Place on 12 floors, Temple Place on 15 floors, Glover Towers on 12 floors and the BAT Rising Sun Towers on 12 floors. Apart from helping to change the skylines of Old Ikoyi, these develop-ments are expected to put extreme pressure on public utilities in the area.

On the high-streets of Gerrard and Bourdillon are several ongoing mammoth residential developments. At the junction of Gerrard Road and Oloto Road is the ongoing re-con-struction of a ten storey building by Cobblestone Properties and Estates Limited, while the projects on Bour-dillon Road include: a ten storey lux-ury residential apartment by Eltees Properties Limited, a residential de-velopment known as Gordon Wilson Court by Cadwell by McDonald Road and the 25 storey No. 4 Bourdillon by Kaizen Properties Limited and El-Alan Group; expected to be the tallest tower in Ikoyi when completed.

Cooper Road is also expected to have a total change of face with sev-eral ongoing and newly completed developments. They include: Oak-wood Place on Plot 23 Cooper Road

by Heroes Properties Limited with construction work by HFP Engineer-ing, a 6floor residential development by Kaiser Properties Limited, a resi-dential development by Jubilee Gar-den Limited and another 6 floor resi-dential development being marketed by Cortts Real Estate Limited. The trend is unending and with more of these kinds of developments expect-ed to continue springing up as the term Old Ikoyi may soon change to New Ikoyi. Pictured here is the artis-tic impression of the new Transcorp Hilton, Lagos.

9May, 2017www.excellentpropertymag.com market watch

Ikoyi Moves From Old To New!!!

The recently released approval order for buildings in Ikoyi by the Lagos State Government has made it possible for developers to go as high as 30 floors and also build up to 15 apart-ment units on a 1,000sqm of land

JNL MBAH AND PARTNERS ESTATESURVEYORSANDVALUERS.

ADDRESS IS No. 21 Moses Majekodunmi Crescent Utako Abuja, close to Edo Line behind old Arab contractors.

Email : [email protected] Phone: 07052422505, 08060752315

TO LET:1). Description; Superblyfinished4bedroomdetachedduplexwith2roomsBQLoca-

tion; ALD Estate Gwarinmpa Rent: 2.5 million per annum2). Description; 5 bedroom semi-detached duplex with 1 room BQ with air condition-

ers. Location; kings park estate, close to Games village Rent: 3.5 million per annum

3). Description; 4 bedroom semi detached duplex with 2 rooms BQ Location; Amina Court Estate, Apo Rent: 3 million per annum S/C 450k (covers water, electricity, waste disposal, security )

4). Description: 3 bedroom bungalow plus 2 Units of self contain Location: Sun city Estate Lokogoma Rent : 2.5 million asking

5). Description; Superblyfinished4bedroomdetachedduplexwith1bedroom BQ. Location; ALD Estate Gwarinmpa Rent: 3 million per annum

6). Description; Nicelyfinishedandspacious3bedroomflat,withtwolivingroomsandself contained BQ. Location; Accord Estate Life Camp. Close to Efab Estate Life camp.Rent; 2.2 million per annum

7). Description; 1bedroomflatLocation; ALD Estate Gwarinmpa Rent; 600k per annum

8). Description; One self contain Location; Utako Rent; 400k 9). Description;2bedroomflatLocation; kuje Rent; 550k per annum 10). Description; 2 bedroom bungalow Location; kubwa Rent: 600k per annum11). Description; 5Nos.ShopspecificallyforprovisionsshopLocation; New kubwa

Modern market Rent: 250k per annum12) Description; OnebedroomflatLocation; Apo Mechanics village Estate.Rent; 400k13). Description; 2bedroomflatLocation; Area 1 Rent; 1m/year14). Description; 3bedroomflatLocation; Area 1 Rent; 1.2/year 15). Description; 5 bedroom semi-detached duplex with 2 room BQ, air conditioners and

Generator, Location; Guzape Price; 180m/ unit 16). Description; 1,2&3bedroomflatLocation; Durumi Rent; 600k, 900k and 1.4m

FOR SALE1). Description; 5 bedroom semi-detached duplex with 1 room BQ with air condition-

ers. Location; kings park estate, close to Games village Price : 90 million2). Description; 3 bedroom Bungalow Pengassan Estate Lokogoma Price: 18 million

10 May, 2017 www.excellentpropertymag.com affordable homes

Looking For Low-Budget Properties?here are the best locations to put your money in Lagos!

Predictions made so far on the Lagos prop-erty market in 2017 may have not been too good. However, in contrast to these pessi-mistic views, a number of real estate pundits are of the opinion that investors should keep an eye on some outskirt locations of Lagos because of the possibilities of their land prices rising sub-stantially before the end of the year. Here are the locations and factors identified for the promising investment outlooks.

BADAGRYSince the start of the Lagos-Badagry Expressway expansion project from a dual carriage way to ten lanes with bus rapid and mono rail tracks, the de-mand for land in the ancient city bordering Nigeria with many of the other West African nations have increased significantly. Also, the announcement by the Lagos State Government towards the end of 2015 that the first phase of the project (Eric Moore in Surulere to Mile 2) has been completed also went a long way in clearing the doubts from the minds of investors who were skeptical about the visibility of the project. Now that the pace of work on the road has increased as a result of better cooperation between the APC led Federal Government and the Lagos State Government, there are high hopes that the entire project would be completed in a good time. While a plot of land in the easily accessible parts of Badagry like Oko-Afo, Mowo, Aradagun, Ibereko and Ajara currently sell for between N500, 000 and N1million, plots in the not too accessible areas like Ilado, Imeke, Iworo-Ajido and Epe sell for between N200, 000 and N400, 000. With trav-el time from Badagry to the main parts of Lagos expected to reduce from the current two to three hours to less than forty-five minutes, demand for plots in the area are expected to continue to rise and the assumption is that current land prices will also react accordingly. Beyond the expansion of the expressway, the plan by the Lagos State Gov-ernment to build a world class Tourism Center and a Deep Sea Port in Badagry is also expected to pos-itively impact on land prices in the area.

IBEJU-LEKKIFrom a Free Trade Zone to a Deep Sea Port, Refin-ery and International Airport, many of the ongo-ing/upcoming landmark developmental projects earmarked for the Lekki axis by the Lagos State

Government are located in the Ibeju-Lekki axis. As real estate developers start to position them-selves in the area to take a reasonable share of the real estate market that will be created for the area when these projects are completed; land prices in the opinion of pundits will naturally start to rise in anticipation of these developments. Apart from these projects, a lot of would-be Lekki real estate investors that have been priced out the main Lekki property market where land prices currently stands at between N50million and N200million will likely be moving in large numbers to Ibeju-Lekki where average land prices currently stands at between N1million and N7million. The recent announce-ment by Governor Akinwunmi Ambode that a fly-over bridge will be constructed at Ajah junction to ease the traffic bottle-neck experienced by com-muters transiting from the main parts of Lekki to the Ibeju-Lekki and Ajah axis have also been tipped by pundits to have positive effects on the demand for land in the area and by extension prices in the area in 2016.

IKORODUThere is no gain saying that Ikorodu is today the most densely populated outskirt location of Lagos. Rising from less than N500, 000 to between N2mil-lion and N4million over the last decade, real estate pundits are of the opinion that average land prices in Ikorodu will continue to rise in 2016 as a result of improved transport facilities. Recently, Governor Akinwunmi Ambode commissioned the expand-ed Mile 12-Ikorodu Road with over 400 Bus Rapid Transit (BRT) fully air conditioned buses. Another project that will increase the demand for land in Ikorodu according to real estate pundits is the pro-posed 4th Mainland Bridge to link Igbogbo-Baiye-ku in Ikorodu to Badore-Ajah, in Lekki. Expected to bring Ikorodu and Lekki closer to each other in terms of travel time, a start of the project this year is expected to push up the investment prospects of Ikorodu. There is the wide belief amongst sav-vy real estate investors, that at completion, the 4th Mainland Bridge will not only bridge the travel time but also the prices of properties between Le-

kki and Ikorodu.

LAGOS-IBADAN EXPRESSWAYIn what is now known as the Lagos-Ogun Property Market, locations along the Lagos-Ibadan express-way are the most active. Over the last decade, the demand for landed properties in areas like Isheri, Arepo, Magboro, Ibafo, Mowe-Ofada-Papalanto and Shimawa all along the Lagos-Ibadan express-way has been phenomenal. One of the reasons ad-duced for the high demand, is their proximity to prime real estate locations in Lagos like Magodo GRA and Ikeja. The demand for plots in these are-as are however expected to increase significantly this year as expansion work on portions of the La-gos-Ibadan expressway linking them to the main parts of Lagos get completed. The assumption is that with improved travel time, the Lagos-Ibadan expressway property market would become more attractive to potential investors. The average price of land in the area currently stands at between N500, 000 and N7million.

ALAGBOLE-AKUTEAlthough by geographical delineation, the Alag-bole-Akute property market is located in Ogun State, the realities on ground shows that 90% of person residing in the area work and have their eco-nomic life directly connected to Lagos. On a traffic free day, travel time from the Alagbole-Akute axis to a place like Ojodu-Berger Bus Stop is less than fifteen minutes; a major reason given by pundits for the high demand for landed properties in the area by savvy real estate investors and first time home owners. However, during peak periods, trav-el time from the area to the same Ojodu-Berger Bus Stop in most cases gets to between one and two hours. That may soon end as the Ogun State Government has commenced the construction of a dual carriage way and bridge to connect the area to the Ojodu-Berger axis. The assumption is that, when the road project is eventually completed at the latter part of the year, land prices which cur-rently stands at between N2million and N5million could double in response to increased demand.

11May, 2017www.excellentpropertymag.com foreign property

Prime property prices in central London rise quarter on quarter for first time since 2014

Optimism and activity is im-proving in the prime central London property market with prices up 0.7% quarter on quarter in the first three months of the year but still down 0.5% year on year.

The 0.7% uplift in prices was the first quarterly rise since the third quarter of 2014 and marks a turning point for the market, according to the latest residential report from real es-tate firm JLL.

The research also shows that the sub 2 million market has been the most robust throughout the past two years with the stamp duty reforms less impactful at lower price points. This continued during the first quar-ter of 2017 with prices up by 1.8% in this sector of the market.

In the 2 million to 5 million sector prices increased by 0.8% and were up by 0.1% between 5 million and 10 million. Properties above 10 million, however, continued to fall, with prices down a further 1.3% in the first quarter.

However, whilst prices have ris-en, sales have fallen, down by 17% quarter on quarter, and 44% year on year. The dramatic year on year falls can partly be attributed to the stamp duty changes that added 3% onto additional homes brought in during April 2016 which created a higher volume of sales in the first quarter of 2016, the report points out.

We are encouraged by the activi-ty we have witnessed throughout the first quarter. Transactional volumes remain relatively subdued, though, particularly at the top end of the mar-ket, said Richard Barber, director of JLL sales.

However, sentiment is certainly improving. Provided the after effects of Article 50 are not too dramatic, we expect to see a steadily improving outlook over 2017, especially once the general election is over, he add-ed.

In the lettings market rents have fallen 1.5% quarter on quarter and are down by 8.5% year on year but sale were up by 5% year on year and one and two bedroom apartments remained the most sought after property types with demand par-ticularly strong for these units within new developments.

The data also shows that demand at the upper end of the market, above 3,000 per week, has been strong for the past year and increased further in the first quarter. The report suggest that many of these renters are using the lettings market as a temporary stop while waiting to buy their ideal property in the sales market.

It adds that higher levels of stamp duty have accelerated this trend with

purchasers no longer happy to make multiple moves in the sales market, preferring to bide their time in the lettings market.

Given the ongoing uncertainty, particularly around Brexit and the triggering of Article 50, it is encour-aging that transaction levels have improved in early 2017. This boost to the market has helped to put many investors minds at rest for the time being at least, said Lucy Morton, JLL head of residential agency.

It is undeniable, however, that Brexit continues to have a detrimen-tal effect on the prime central Lon-don lettings market. Tenants now firmly hold the upper hand despite the availability of properties dimin-ishing, she explained.

The two and three bedroom flat markets presently have the greatest oversupply of available properties but we expect the escalating pref-erence for corporates to house sen-ior executives in pied--terre apart-ments, rather than to relocate whole families into larger flats and houses, will help to rebalance this segment of the market during the course of 2017, she added.

The start of the year has certainly been encouraging, but further rea-lignment between supply and de-mand is needed before the market returns to a firmer footing, she con-cluded.

12 May, 2017 www.excellentpropertymag.com market intelligence

Have You Been Priced Out Of Top Lagos Mainland Estates?here are suitable and cheaper alternatives!

IKEJA GRAAs one of the oldest Government initiated estates in Lagos, land prices in Ikeja GRA are currently the exclusive preserve of the high and mighty in the society. A plot of land in Ikeja currently sell for between N170, 000 and N200, 000 per sqm (N170million-N200million for 1,000sqm land). However, for prospective land owners who have been priced out of the Ikeja GRA land market but want something not away with a very slim budget, a suitable al-ternative location is Mende in Maryland. Located on the stretch of land from the entry point of the Maryland Bridge/ Tunnel when coming from Anthony Village to its exit point at the Odo-Iya Alaro Canal en-route Ojota, Mende in terms of proximity to Ikeja GRA is less than five minutes drive through Mobolaji Bank Anthony Way during traffic free periods. A plot of land in Arowjobe Estate which is the most popular estate in Mende is between N30, 000-N35, 000 per sqm (N30million-N35million for 1,000sqm land), while in the less developed parts of Mende a plot of land could still sell for between N10million and N15million. It is however important to note that many parts of Mende is waterlogged and landowners must be ready to commit some amount of money for sandfilling before being able to build on them. Infra-structure within Mende like road network and water supply is also at an av-erage level.

OGUDU GRAOgudu GRA like most of the schemes created by the Lagos State Government in the central parts of the Mainland has over the years grown to become the choice location for the affluent in the society. This is evident in the price of land in the estate which currently sell for between N120, 000 and N150, 000 per sqm (N120million-N150million for 1,000sqm land). However, for persons looking for cheaper plots of land in locations not far away from Ogudu GRA, several options abound in some the estates within the Gbagada axis. Some of the estates include Sholuyi, Yetunde Brown, Medina and Oke Alo. In these estates a plot of land currently sell for between N35,000 and N40, 000 per sqm for already sand-filled plots (N35million-N40million for 1,000sqm land); N15,000 and N20,000 per sqm for waterlogged plots (N15million-N20million for 1,000sqm). Unlike Ogudu GRA which has fantastic road network, layout and security arrange-ment, the cheaper estates in Gbagada are still struggling to fix their infrastructure challenges.

OMOLE PHASE 1Omole Phase 1 is the location of Square Ville the mansion home of pop-ular Nigerian hip-hop acts P-square. The estate is also the location of the homes of several other Nigerian celebrities; amongst them Otunba Wasiu Alabi Pasuma. Apart from the guys in the show-biz world, many influential Nigerians reside in Omole Phase 1. A plot of land in the estate currently sell for between N90, 000 and N100, 000 per sqm (N90million-N100million for 1,000sqm land). The nearby locations to Omole Phase 1 where cheap-er plots can be bought are in the Ojodu-Abiodun area down to parts of Berger Bus Stop. In estates like Budland, Yetunde Morgan, Goodland and River Valley, a plot of land still sell for between N10, 000 and N25, 000 per sqm (N10million and N25million for N1,000sqm land). While infrastructure in Omole Phase 1 like road, water supply, drainage channels and security arrangement in Omole Phase 1 are top-notch, those of the cheaper estates in Ojodu-Abiodun and Berger are on the average level. Plots in some parts of this estates are also waterlogged and will require sandfilling before houses can be constructed on them.

MAGODO GRA SHANGISHA Magodo GRA Shangisha along the Lagos-Ibadan expressway just after 7up Bus Stop almost overlooking the Lagos State Secretariat in Alausa is one of the top and extremely expensive estates on the Mainland. Recent findings show that plots of land measuring 1, 000sqm in the estate are now being advertised for as high as N140million (N140, 000 per sqm). While a few real estate pundits have called it unrealistic and unsustainable, the facts on ground show that Magodo GRA is still one of the top choice locations for prominent Nigerians and Lagos Big Boys. The rising price of land in the estate have also been attributed to shortage in supply of virgin plots amidst increasing demand. However, ten minutes drive further down the Lagos-Ibadan expressway are locations where would-be land owners who have been priced out of Magodo GRA will be spoilt for choice. In Isheri North which has a Lagos State and Ogun State side, a plot of land still sells for between N7, 000 and N15, 000 (N7million-N15million for 1,000sqm land). Close to Isheri North is Arepo which strangely has land prices sell-ing at higher prices to those of Isheri North considering both locations proximity to Lagos. The reason for that is however not farfetched, Arepo because of its construction-friendly topography is today more developed than Isheri North and has a higher number of privately developed residen-tial estates.

Owning a plot of land in some of the top estates in Lagos Mainland has become as herculean task. With average land prices in some of these estates going for as high as N200milion per plot, would-be land owners may now have no choice but settle for alternative nearby locations to their dream estates. Presented in this article is a com-plete review of land prices in the most expensive estates on the Mainland as well as those of the relatively afforda-ble locations around them.


URIM & THUMMIM PROPERTIES2KokomaClose,OffBuchananCrescent,Wuse11,Abuja

Tel: Obinna 08026042558, 07025280726Email: [email protected]

HOUSE TO LET

1)Description:1unitof2bedroomflatLocation: Wuse 11 Rent: N2.3m

HOUSES FOR SALE

1) Description: 4 Bedroom detached duplexLocation : Lokogoma Price: N70m

2) Description; 5 Bedroom semi detached duplex / 2 room BQ Location: Wuse Zone 5 Price: N170m

LANDS FOR SALE

1) Location: Jahi ( on a major road) Purpose: Commercial Size: 5,952m2 Price: N350m asking

2) Location: KubwaPurpose: Commercial Size: 2081 m2 Price: N25

3) Location: Life CampPurpose: Residential Size: 1000 m2 Price: N35Location: Lokogoma

Purpose: Residential ( Estate land 3 bedroom bungalow uncompleted )Price: N17m asking

FARMLANDS FOR SALE

Location: Gora, Nasarawa State

Size: 5 Hects, 20 Hects and 50 Hects

Price: N7m, N18m and N40m respectively

OUR PROPERTY LISTINGS FOR MONTH OF MAY

2Plots of Land Fully Fenced with a 3Bedrooom Bungalow and Uncompleted Mini-Flats directly Opposite the Deeper Life Camp Ground along the Lagos-Ibadan Expressway (Ibafo) - N12million

Several Plots of Land at Agbara (OPIC Estate) - N1.5million asking

Plots of Land at Shimawa Directly Opposite the New Redeem Audi-torium along Lagos-Ibadan Expressway-N1.5million asking

Plots of Land inside Shimawa Town behind the Redeem Camp along the Lagos-Ibadan Expressway-N300k, N500k, N700k, N1million.

LEKKI AND ENVIRONS !!! 5br luxury terrace house with bq , pool , lawn tennis court gen , etc @ north point estate chevron lekki ph1 N75m ono

4br detached house with bq on 675m2 @ Rd 12 vgc N77m

Plotmeas2300m2withahousewithbq@Rd2vgcCANBEDIVID-ED N230m

2nos2brflatswithbqon500m2withgarden@oliveparkestatebefore sangotedo ajah .... 40m

3 plots standard plots of land @ alhaji isiaka Iman str unity estate behind cooperative villa badore ajah N15m / plot .

2nos4brluxuryflatswitbq,pool,standbygenerator,fittedkitchen,borehole n water treatment plant etc @ Otunba Adeleke str lekki VACANTN60m.

2nos4brluxuryflatswithbq,spool,elevators,fittedkitchenetc@safe court lekki 4th round about. 70m / unit .

Luxurious plot of land meas 987m2 @ twin lake estate opp chevron roundabout lekki-Epe Expressway c of o N145m ONO.

Waterfront 4nos 4br luxury town hses wit bq,pool,jetty, matured [email protected]

2nos3brservicedflatswitbq,liftetconlargegrounds@elegushi4th roundabout lekki N50m /unit

LEASES !!! 4 nos 4br terrace houses with bq @ olajumoke close in a mini estate agungi N2.8m /unit pa

2 nos 2br with bq @ olive park estate before sangotedo ajah ...N800k /unit pa

4brluxuryflatswitbq,pool,standbygenerator,fittedkitchen,bore-hole n water treatment plant etc @ Otunba Adeleke str lekki N3.5m pa sc... ONO

3brservicedflatwitbqfittedkitchen,boreholenwatertreatmentplant etc @ Babatope Bejide str lekki N4m pa sc 1.5m

2nos3brservicedflatswitbq,lift,ampleparkinglotsetc@LekkiGardens Horizon 2 estate 4th round about lekki N2.5m pa

[email protected] ONO

Warehouse wit lettable area meas 1200m2 each by awoyaya lek-ki-Epe Expressway N12m pa

For enquiries/ inspections Contact :ROYAL PROPERTIES LIMITED

Tel: 08027556932, 08099419952, 09053608158

14 May, 2017 www.excellentpropertymag.com investors platform

Understanding Nigerias Law On How You Can Legally Own Land!

Since 1978, the major legisla-tion regulating land acquisi-tion within the country has been the Land Use Act of 1978 which states that all land in a State is to be held in trust by the State Gover-nor for the benefit of all Nigerians. By law, foreigners may also acquire land wherever it is located in the country from either the State governments or from other holders.

Since the Land Use Act confers all land to the respective State govern-ment, a prospective buyer can apply to the Governor of the State for a Cer-tificate of Occupancy which is for a period of 99 years. However, The Fed-eral Government of Nigeria also has power to grant Certificate of Occu-pancy in respect of lands comprised in the Federal Capital Territory (i.e., Abuja and its designated environs), or vested in the Federal Government but located in States territories.

Local Governments may also grant customary Certificate of Occu-pancy where the land in question is not in an urban area. All you have to do is apply formally to the particu-lar Government, or any appropriate agency, for the issuance of a right of occupancy which is called the Certifi-cate of Occupancy

LAND HOLDING INTERESTS UN-DER THE LAND USE ACT

Two classes of people are recog-nized by law as rightful owners of land. The first class are people who have been granted rights of occu-pancy by the State, Local or Federal Government. The second class con-sists of those who held interests in land in Nigeria before the Act came into force. According to the Act, a person in this category continues to hold those interests in the land as if a right of occupancy had actually been granted to him by the Government. Hence, a prospective investor can ac-quire land from any of these classes of holders, but each case presents its own peculiarities. If you are acquiring

land from someone who was grant-ed a Certificate of Occupancy, an in-vestigation of the previous holders title to the land would usually be conducted for verification.

If however the owner of the land falls into the second category of peo-ple who had their land before the Land Use Act was enforced, the in-terest of that holder will be based on one or more of the different systems of land tenure which existed and op-erated in Nigeria prior to the Land Use Act. Where the land was held under customary law, for instance, proof of title would not normally be by the production of a document. Even where the received English ten-ure system applied, the production of documents alone would not suffice as the relevant land registries would require to be searched, amongst oth-er things hence the need to get assis-tance from a legal source

If you as the one who wants to acquire the land is satisfied with the current holders title, the next step would be the preparation of an ap-propriate legal document transfer-ring the title to you or granting you a lease over the property. However, it is important to note that you need the consent of the State Govern-ment before the transaction can be valid. Finally, the document would be stamped and registered and the transfer of interest has effect from the date of registration. Having said this, worthy of note is the fact that by virtue of the Public acquisition of land Law, the State government may acquire land compulsorily for public purpose from individual land owners subject to the payment of compen-sation to such landowners.

Hence, the notice of land ac-quisition by the government must be served to the land owner as the courts have consistently held that non service of the Notice of Acqui-sition would render the acquisition invalid. It must also be noted that

the acquisition of private individuals interest in land can only be done by the government for public purpose as any acquisition not done for pub-lic purpose will be declared invalid by the courts on being challenged. Furthermore, as the Notice of acqui-

sition of land represents a construc-tive notice to the whole world, there is need for members of the public desirous of purchasing land to con-firm through a solicitor, whether the land/property they are purchasing is under government acquisition.

15May, 2017www.excellentpropertymag.com architecture

The Hanging Gardens of...Birmingham?

British firm Archi-tects of Inven-tion has drawn inspiration from the Hanging Gardens of Babylon, one of the Seven Wonders of the Ancient World, for its lat-est project. Envisioned for Birmingham, UK, the Garden Hill proposal consists of two wooden residential towers with an interesting stepped design and some sus-tainable features.

The Garden Hill pro-posals two connected towers would rise to 25 stories, with a total floorspace of 38,500 sq m (414,410 sq ft). They would include around 500 residences, 60 per-cent configured as one bedroom units, and 40 percent with two bed-rooms.

The units would measure 40 - 75 sq m (430 - 807 sq ft), but Architects of Invention would try to mitigate any lack of space by providing multiple shared and pri-vate garden terraces at every level, plus a spacious rooftop garden. In addition, novel shared facilities include music recording studios and small rental units for startups. The brief also calls for between 120 - 200 car parking spaces and retail spaces on street-level.

The building would be constructed from cross-laminated timber (CLT), like some previous wooden towers weve reported on. Both elec-tricity and hot water would be supplied by roof-based solar panels and the architects make mention of excellent insulation and the use of pas-sive ventilation.

If it actually went ahead, the project would reference Birming-hams multiculturalism nicely and also fit in well with the citys exist-ing high-profile architecture, such as Mecanoos Library of Birmingham and Future Systems award-winning Selfridges Building (captured here by New Atlas photography expert Simon Crisp).

That said, while there have been talks between Architects of Inven-tion and a Chinese private equity fund, its still a concept with no imme-diate plans to build. Its probably also worth pointing out that nobody really knows what the Hanging Gardens of Babylon actually looked like (assuming it indeed existed), so dont think of this as a copy of the orig-inal in any way, just inspired by it.

The proposed budget for Garden Hill is 70 million (roughly US$90 million). Well let you know if anything ever comes of it.

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17May, 2017www.excellentpropertymag.com interior decor

Modern TV Stand Designs for Ultimate Home EntertainmentBathrooms are far too often a ho hum experience but we here at EXCELLENT PROPERTY MAGAZINE think they should be fierce and fabulous, especially when it comes to the most used pieces of equip-ment the bathroom sinks. We think that unusual and creative sinks can make any bathroom go from zero to hero in the decor department. They offer so much opportunity to express our own personal styles that its not a matter of is there one for me? its a matter of which of the many should I choose?

Creating a gallery for a TV isnt an easy task. Antologia Bookshelf by Studio 14 for Mogg eliminates the need for one, creating an interesting pattern around the TV and providing space for external devices. This is a perfect space-saving media center that will both take little space in an apartment and make for attractive wall decor.

While BIT and TECNO stands are minimal and sleek Odeon stands out with its massive glossy TV backdrop and a rounded wooden open cabinet. The swiveling panel allows more flexibility when it comes to TV positioning. And ample storage space is enough for both external devices and various other media.

Organic Premium Tv Console is one of the most unusual units out there. Its round TV panel is repeated by its general shape and the unconven-tional design even features drawers and floating shelves that add functionality to the appearance.

Cobra TV stand is the epitome of minimalism. Made of plywood the curved sleek panel fea-tures multiple sockets for audio-visual devices and a hidden cable inlet. Also equipped with the wheels and a shelf for various magazines and small electronics Cobra can be easily moved from room to room or corner to corner.

Jovo Bozhinovski has designed an apartment with a futuristic modern TV stand, building it into the corner of the room. Featuring a sleek black wedge shape the stand fits perfectly into the backlit wall niches. The contrast between the black TV and white walls also makes for a stylish look while the blue-ish light further promotes the futuristic aesthetic.

Conclusively, it is important to say that entertainment centers are usually big and require quite a bit of space. In return they offer a lot of additional storage and display space. These are great for spacious open layout homes as they help create a focal point in the main room and occupy all of that empty wall space. This is the beauty of the wall entertainment centers, as you dont have to think about a gallery wall to disguise your TV. Some of them come with sliding panels for hiding the thing when its not in use.

A popular freestanding modern TV stand got a new shape from Bonaldo. The circular panel with a wall mount for the TV and the built-in partially disguised shelves for the media.


3 Bedroom twins flat building in bola in Ibadan is presently available and it has 4 toilet and bathroom which is fully

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2 and half plots containing a new duplex at corri-dor independence layout,

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H I LT N G A R D E N E S TAT EL A N D @ A K O D O I S E 3 M I ND R I V E F R O M L A C A M PA G N ET R O P I C A N A P LO T S I Z E : 6 0 S Q MT I T L E : S U R V E Y / U N D E R G O I N G E X C I S O N

N 7 0 0 K /P LO T

C L A R A H O M E S & P R O P E R T Y D E V E LO P M E N T

Contact 08066840324, 08023954513 [email protected]

L A G O O N PA R K E S TAT EP LO T S I Z E : 6 0 0 S Q M

( Y O U C A N S TA R TB U I L D I N G I M M E D I AT E LY )

N 5 M /P LO T

N 5 M /P LO T

N 7 M /P LO T

N 9 . 5 M /P LO T

N 1 . 5 M /P LO T

N 8 0 0 k /P LO T

C L A R A H O M E S & P R O P E R T Y D E V E LO P M E N T

19May, 2017www.excellentpropertymag.com location

Bridge Gap in Magodo Land Prices: For over two decades, land prices in Magodo Shangisha (Phase 2) and Mago-do Isheri (Phase 1) have been miles apart. While the former commands price tags of N100million and above, the latter currently have its price tag at a lit-tle over N60million. The fact that Magodo Shangisha used to be better and easily accessible when compared to Magodo Isheri which required travelling through the then horrendous traffic of Ojodu-Berger Bus Stop was always the reason giving for the price gap of the two estates despite their carrying of sim-ilar names and existing as government schemes that are less than five min-utes drive apart when there is no traffic bottleneck. However, with Governor Ambodes regeneration of the Ojodu-Berger Bus Stop, real estate pundits say the price gaps between the two Magodos may soon be a thing of the past. The demand for land prices in Magodo Isheri will soon increase significantly as the fear of the traffic situation in Ojodu-Berger Bus Stop is no longer there. Governor Ambode has also done well to not only open-up Berger Bus Stop, he has gone ahead to improve the access road that goes into Isheri. All of these will soon make Magodo Isheri attractive to investors since it is even currently about half the price of Magodo Shangisha. Also, the fact that there are now fewer virgin plots in Magodo Shangisha will help to push up demand in Ma-godo Isheri where there are still relatively available virgin plots Segun Olani-yonu an Estate Surveyor and Valuer who resides in Magodo Isheri explained.

Exodus to Lagos-Ibadan Expressway Axis: It is already good news for those living in areas along the Lagos-Ibadan ex-pressway axis. Areas like Isheri North, Arepo, Magboro, Ibafo, Shimawa, Pa-kuro, Mowe-Ofada down to parts of Papalanto and Shagamu have already had their traffic time to parts of Lagos reduced significantly as the traffic in Ojodu-Berger Bus Stop is no more. The prediction of real estate pundits is that more and more people will be encouraged to move into these areas soon from other parts of Lagos because property prices in these areas are still rel-atively affordable. Should the mass exodus come to pass; naturally, property prices in these areas will be expected to rise significantly.

Boost Smaller Ojodu-Berger Estates: Enclaves like River Valley Estate, Ojodu Estate, Yetunde Morgan Estate, Unity

Estate and others which are not as big or well-known like the Omoles and Ma-godos of this world will be getting a boost as more people begin to explore the option of buying properties or renting houses in the Ojodu-Berger axis because of the new look and functionality. The projection is that for those who may have been priced out of Omole and Magodo, these cheaper estates around Ojodu-Berger will be the more realistic alternatives and reasonably so.

Rise in Akute-Alagbole Axis Property Prices: It is now almost a known fact that about 40% of the people that cluster at Ojodu-Berger Bus Stop during peak traffic periods going to their different places of Business endeavor in other parts of Lagos reside in the Akute-Alagbole axis. For renters and first time home owners in the lower end of the property ladder, Alagbole, Akute, Ajuwon, Lambe, Matogun, Oshere and Ikoyi-Oke have all been very good op-tions for these sect. Now that Ojodu-Berger has gotten a face-lift and con-tractors on the Sango-Ota-Ojodu-Berger Road project have returned to site to start skeletal work (with hopes that the project will be completed soonest by the Ogun State Government), demand for properties in these areas will rise significantly and ultimately lead to rise in prices in not too distant time. It is instructive to mention that already, land prices in the main parts of Alagbole, Akute and Ajuwon have started to move beyond the reach of persons in the lower end of the property ladder. A recent check on listings in these areas show that it is now almost impossible to get a standard plot of land in the main parts of Alagbole, Akute and Ajuwon for N5million.

General Rise in Rents/Property Prices: For all the areas that have been mentioned as possible impact areas for the revamped Ojodu-Berger Bus Stop, every pundit I have spoken to have agreed that rents in these areas would soon be on the rise. People are going to be moving into all these areas in large numbers and in droves too, they all seem to predict. The assumptions are very clear; the laws of economics (demand and supply) will set in. The higher the demand, the higher the price. The prop-erty market of these areas seem to satisfy all classes of demand (high-end, mid-end and low-end). There will be increased activity in these areas and the future definitely looks good for those who can take the bull by the horns.

5 Impacts Ambodes Ojodu-Berger Reform Will Have On The Property Market!If the last time you visited Lagos was about two years ago, it is possible that you currently may not be able to easily identify the Ojodu-Berger Bus Stop (the first entry point to Lagos). Governor Akinwunmi Ambode over the last eighteen months have transformed the entire area into a decent, functional and traffic free enclave and it is very impressive to say the least. For real estate pundits, the giant stride of Governor Ambode in the area will in no time start to have impacts on the property market of that area. We spoke with some of these pundits are here are five things they have projected will happen to the property market of that axis as a result of its recent regeneration by the Lagos State Government.

It is important to note that rela-tionships are the bane of human existence; they are what sustains us, keeps us going and makes us alive. Whether we want to or not, our very nature is woven to rely on relationships and in the course of our lives, one of the relationships we will have is the landlord-tenant one. Un-fortunately, this relationship is one of the most controversial relationships in life. Its filled with issues, conflicts and disputes and are often not ami-cable resolved even where attempts are made to resolve them. The sensi-tization of people to the fact that the law can be used to deal with a lot of the problems characterized in this re-lationship has however turned things around. Especially the mediation ap-proach where a win: win situation is usually the objective.

Once upon a time, a landlord could wake up one day and decide he wants the tenant out of his house; perhaps out of spite, perhaps because he needs the property urgently, per-haps because he has a better offer. Whatever the reason, it didnt matter. The landlord is the alpha and omega and the tenant at his mercy. Failure of the tenant to comply would often re-sult in a forced eviction. The tenant is forcibly removed from the premises with his or her things thrown out and sometimes, the tenants property is removed from the premises in his or her absence. Call it Jankara or OPC method, some landlords and quack agents have almost perfected this act of illegality. The trend has however been abated with the realization that such actions is frowned at by the law.

Regardless of the type of occu-pancy, whether informal settlements, lease, rental accommodation, coop-erative housing or emergency hous-ing, or the type of housing or interest of a person in a house, all occupants are entitled to a measure of security of tenure which guarantees equal protection against intimidation, har-assment, threats and forced eviction without due process of law. This means that no landlord, whether in-dividual, a corporate organization or even the government, has the right to take matters into his hands by ejecting a tenant without resorting to the law. The landlord and Tenant re-lationship is guided by Law and both parties have their cover or protection against any untoward behavior of the other party in Law.

As a tenant, it is your right by law to have adequate notice to quit if your landlord wishes to take posses-sion of his premises. No longer can the landlord come in the morning and ask you to quit by evening if he has not served the appropriate and due notice. Lawfully, the notice to quit is what puts an end to the term created by a tenancy and this is usu-ally stated in the tenancy agreement. Where it is not expressly stated, a

weekly tenancy is terminated by a weeks notice, a monthly tenancy is terminated by a months notice and a quarterly notice is given to terminate a quarterly tenancy while a yearly tenancy is terminated by six months notice. The nature of a tenancy is de-termined by reference to the time when rent is paid or demanded.

Some tenancy agreements have shorter or longer notices. Some even state that notices will not be given in the case where the landlord wish-es to eject the tenant. This is why it is important to read the tenancy agreement carefully before signing because the law honours agree-ment between parties, and in the case where you sign a lawful agree-ment that limits your rights, you will be bound by it. Claiming you didnt know holds no water because igno-rance of the law affords no excuse.

In the case where the landlord takes you to court as a tenant, the court cannot eject you without hear-ing from you. This is because the amended 1999 Constitution of the Federal Republic of Nigeria states

that all persons in the country have certain undeniable rights which in-clude the Right to Fair hearing. No person (tenant) can be tried in a com-petent court without allowing him to

be heard. As a tenant, you also have the right to sue your landlord if he does not follow the due process of the law and forcibly throws you out.

20 May, 2017 www.excellentpropertymag.com renters platform

Quit Notice: What Are The Rights Of A Tenant?

As a tenant, it is your right by law to have adequate notice to quit if your landlord wishes to take possession of his premises. No longer can the landlord come in the morning and ask you to quit by evening if he has not served the appropriate and due notice.

Acquiring a PlotYour house must be built on some-thing and that something is usually land, so the first step that sets things in motion is acquiring a plot on which to erect your structure. With the right real estate company (buying from omo onile is not always advisable), you can acquire a plot of land in your desired geographical location and get all doc-uments leading to proof of ownership of the land. Once this is done, you are set for the second step.

Building planOnce the land is in your kitty and all the necessary documentation done, next in the steps in building a house is to get the service of an architect to draw the plan of the structure (house) you plan to build.

After your taste and the request-ed facilities and rooms you wish your house to contain has been discussed with your architect, your architect gets the plan designed to fit and meet with the building standards of the authori-ties in line with the location of the plot. There are regulations regarding what can be built, where and how, the Ar-chitect is the best person to help you through the maze and marry your dream with what is possible and legal. Before a standard house is erected, involving an architect will be a very good thing to do.

Consulting with a Building Profes-sional/Quantity SurveyorOnce the Architect is done with the drawings as required before he pre-sents it for building plan approval or after he must have done so, you will need the services of a Quantity Survey-or to come up with the Bill of Quanti-ties (BoQ).

That is the determination of what building a house will cost you. Ordi-narily, it is a very good thing to have this and you will be required to even produce it for verification if you are seeking financing in funding the con-struction of your house. But if you are not required to present it probably because you are funding your struc-ture out of pocket, then this could help(motivate) or hinder(de-motivate) you depending on how your handle challenges.

Reason been that most of the time, your BOQ will be more than what you were thinking your structure will cost. Workmen, contractors, etc. even have it almost as standard practice to tell client what they think the client will want to hear in terms of what the con-struction will cost or what any stage of the construction will cost. One reason this is carried out, is to avoid losing business in case the client gets dis-couraged on knowing the near actu-al cost and concludes that he has no

means of raising such a sum and as such backs out. Either procrastination sets in or there is a total cancellation of the project.

The other it is carried out, is be-cause they know that when someone wants to do a thing most of the time, what is required is to overcome the inertia that keep people from starting. Usually, once they start, the desire to complete it fires all other areas of their being, financial provision inclusive. Therefore, they (BOQ) do that to help you overcome your inertia and start, so you cannot stop when the real cost begins to show up because you would have gathered enough momentum. Well-groomed professionals abound for consultancy with respect to the amount and quantity of various mate-rials you will need all through the stag-es of building process.

Getting a Builder/Site Inspector This person is sometimes called Con-tractor, Site Supervisor, or Foreman. Whatever he/she is called, the job is to help ensure that what you have on your plan is what is constructed on ground at not more than the estimat-ed cost except where there are rea-sons why you must deviate from your plan a little or the cost because of price movement in the market between the time you drew your plan and got your BoQ and when you moved to the site.

LabourSecuring the services of labourers/ma-sons, carpenters, electrician(s), plumb-er(s), etc. is essential in achieving your desired project. Without them, the actual implementation cannot be pos-sible.

Water SupplyWater is one building material re-quired in huge quantities during a building project and it is sometimes over looked, because the general be-lief is that water (dirty one especial-ly) can be found in most places and therefore getting water to use for your building project should not be a prob-

lem. The challenge with that is that the quality of water used for your building project can affect the integrity of your structure. During the stages of build-ing a house, water is needed in large quantity to mix materials. If this is not provided adequately, it can result in huge unwarranted cost at the end of the day. To address this issue, drilling

a borehole, digging a well or making provision for water supply to your site via a water board pipe or commercial water tanker will solve the problem a great deal.

Purchase of Building MaterialsYou need to have an answer to how you intend to procure your building materials. This is one aspect of your building project with huge poten-tials of derailing the whole exercise cost wise if not put in check. If you are a green horn and this is your first house construction, we will suggest you brace up and learn fast. You only need to know the material types, their specifications, and the places (mar-kets) where they can be found. With the knowledge of these three things, you are good to go. Better if you have the support of an honest handyman to help you. Most times, old hands and experts know how to ensure they get what they want at the prevailing mar-ket price without doing the legwork.

21May, 2017www.excellentpropertymag.com layman guide

Cost Saving Steps To Take When Personally Building Your Home!Understanding the basic steps in building a house will aid your knowledge more and always make you come out with better result especially in the area of saving costs and staying within budget. Although the steps discussed here is not arranged in any sequential order, great care was however taken at ensuring that the following will help you understand the scheme of things in housing construction.

FOR SALEDESCRIPTION: 4 Bedroom duplex with 2 room boysquaters in a serene environment.

PRICE:N30million (negotiable) LOCATION: AGBARA ESTATE

Bamo Property Nigeria Limited

08061617076, 07017365462, 08022243982


JNL MBAH AND PARTNERS, ESTATE SURVEYORS AND VALUERS.

ADDRESS; No. 21 Moses Majekodunmi Crescent Utako Abuja, close to Edo Line behind old Arab contractors.

Email: [email protected] Phone: 07052422505, 08060752315

TO LET:1) Description; Superbly finished 4 bedrooms

detached duplex. Location; ALD Estate Gwarinmpa Rent: 2.5 million per annum

2) Description; 5 bedroom semi-detached du-plex with 1 room BQ with air conditioners. Location; Kings park estate, close to Games village. Rent: 3.5 million per annum

3) Description; 4 bedroom semi detached duplex with 2 rooms BQ

Location; Amina Court Estate, Apo Rent: 3 million per annum (S/C 450k

(covers water, electricity, waste disposal, security)

4) Description; superbly finished 4 bedroom detached duplex with 1 bedroom BQ.

Location; ALD Estate Gwarinmpa Rent: 3 million per annum

5) Description; Nicely finished and spacious 3 bedroom flat, with two living rooms and self contained BQ.

Location; Accord Estate Life Camp. Close to Efab Estate Life camp.

Rent; 2.2 million per annum

6) Description; 1 bedroom flat Location; ALD Estate Gwarinmpa Rent; 600k per annum

7) Description; One self contain Location; Utako Rent; 420k

8) Description; 2 bedroom flat Location; kuje Rent; 550k per annum

9) Description; 2 bedroom bungalow Location; kubwa Rent: 600k per annum

10) Description; 5 Nos. Shop specifically for provision

Location; New kubwa Modern market Rent: 250k per annum

12) Description; One bedroom flat Location; Apo Mechanics village Estate Rent; 400k

13). Description; 2 bedroom flat Location; Area 1 Rent; 1m/year

14). Description; 3 bedroom flat Location; Area 1 Rent; 1.2/year

15). Description; 5 bedroom semi- detached duplex with 2 room

BQ, air conditioners and Generator, Location; Guzape Price; 180m/ unit

16) Description; 1, 2 & 3 bedroom flat Location; Durumi Rent; 600k, 900k and 1.4m


TO LET1. 850sqmofficespace.Location:Mosafejoclose,officequeensdrive,waterside

Ikoyi Price : #110,000 / Sqm Asking. Service charge : #10m2. ShopatEastlineshoppingcomplex(VGCIkota11).Location:AbrahamAdesan-

ya Estate round about , Lekki - Epe expressway , Ajah. Price : #500,000 / annum. Service charge :

3. Shop at Tejuosho market. Location : Tejuosho market, Yaba, Lagos. Price : #600,000 / Annum. Service charge :

4. Six (6 )Bedroom Terraced Apartment. Location : Oniru, Marwa round about, Oniru Lagos. Price : #8m / Annum. Service charge : #3m

5. Old Ikoyi town house sitting on 2,755sqm. Location : Lugard Avenue Ikoyi. Price : #12m yearly Rent payment. Service charge :

6. 2BedroomBungalow.Location:Onishonst,Onishon,LAKOWE,offAjah-EpeExpressway. Price : #400,000 /Annum

SALE1. Hectares of Land at Ikorodu Industrial Estate. Location : Ikorodu Industrial Estate,

Ikorodu Price : Tittle : C of O 2. 2,800 Sqm of Land at Ikoyi. Location : Lugard Avenue ,Old Ikoyi. Price : #850m

Asking Tittle : C of O 3. Astoreybuildingwith3unitsof3bedroomapartments.Location:Alayandest,off

Eshinlokun st, opp Fara Park Lekki Epe expressway. Price : #40m Asking. Tittle : C of O

4. A storey building at Ajao Estate / Airport Road, 1,142.343 Sqm, Big Hall for events, with 2 bedroom & 3 Bedroom Flats respectively. Location : Ajao Estate / Airport rd, Price : #110,000m Asking. Tittle : C of O

5. 2PlotsofLandsatOkota,Lagos.Location:BishopOkojist,offAgorPalaceWay,Okota, Lagos. Price : #25m / Plot Asking

6. 1010.609 Sqm Land. Location : Surulere. Size : 1010.609 Sqm. Tittle: Land Cer-tificate

Price : #700m Asking7.2Storeybuildingofficewithcarassemblyplant.Location:BurmaRoadApapa.

Size:5,382.319Sqm.Tittle:LandCertificate.Price:#4Billion8. Location:HinderedRoadApapaGRA.Size:3,156.548Sqm.Tittle:LandCertifi-

cate Price : #400m9. ShopatEastlineshoppingcomplex(VGCIkota11) Location : Abraham Adesanya Estate round about , Lekki - Epe expressway , Ajah.

Price : #7.5m

Rapidlink Group of Company Limited+2348023273903,+2348052990032

SOUTH-EAST PROPERTIES

ENUGU, ONITSHA, OWERRI ETC.

Residential land for salePhase 5, Road 22, Trans Ekulu, Enugu, Enugu

21,000,000

All Saints Global Limited08038743529

Factory for saleUmuchigbo, Abakpa Nike, Enugu, Enugu

25,000,000

Chikado Real Estate08159011811

Residential land for saleBehind Nike Police Station. Opposite Ellim Estate, Ab-akpa Nike, Enugu, Enugu3,700,000 per plot Commercial land for saleG.r.a, Trans Ekulu, Enugu, Enugu9,000,000 per plot

Residential land for saleOpposite Ekweremadu House By The Express Way Exit,, Independence Layout Phase 2, Inde-pendence Layout, Enugu, Enugu9,000,000 per plot

Residential land for saleBack Of Damija Bus Stop, Behind Enugu Styate Leg-acy Estate. By New Gra., Trans Ekulu, Enugu, Enugu1,300,000 per plot

Michi Properties Ltd07035075713

Detached duplex for saleFidelity Estate, Enugu, Enugu

56,000,000

Pat & Jeru Development.08036154620

5 bedroom house for saleAgric Bank, Enugu, Enugu

30,000,000

De-lucky Ven-tures+2348035361489

Land for saleIndependent Layout, By Agric Bank, Independ-ence Layout, Enugu, Enugu35,000,000perplot Land for saleAko And Onuogba Nike, Enugu, Enugu2,500,000De-lucky

Ventures+2348035361489

Mixed-use land for saleAbakpa Nike, Enugu, Enugu 2,000,000 per plot Hotel / guest house for sale1 Mamah Close , Eziama Nike, Abakpa Nike, Enugu, Enugu10,000,000 Chisochitech Limited08085351749

Mixed-use land for salePlot 21 And B22, Airport Road Extention Layout (phase3), Thinkers Cor-ner, Enugu, Enugu

20,000,000

Mightycube08034142100

3 bedroom detached bungalow for saleNew Haven, Enugu, Enugu20,000,000

Residential land for saleFidelity Estate, GRA, Enugu, EnuguLand measuring 1000sqm35,000,000 per plot

Plot of Land Measuring 560sqm Fenced with Gate, Thinkers Corner, Enugu, Enugu, Residential Land for Sale12,000,000 per plot

Potters Real Estate Ltd08035429600

Residential land for salePalace Road, Abakpa Nike, Enugu, Enugu

7,000,000 per plot

Mixed-use land for saleOne Day Road, Achara Layout, Enugu, Enugu

1,800,000

Legit Properties Associate08085858279

Residential land for saleIndependence Layout, Enu-gu, Enugu

20,000,000

Industrial land for saleEmene Industrial Layout, Emene, Enugu, Enugu

25,000,000

Ob Realtors And Logis-tics Limited08134093881

Mixed-use land for saleAko-nike Community Along Enugu -abuja Expressway, Opposite National Catholic Pil-grimage, Enugu, Enugu

1,500,000 per plot

Pertinence Limited08037675769

Industrial land for saleMaryland Estate Lomalinda Call 07032710198, Independence Layout, Enugu, Enugu

4,000,000 per plot Residential land for saleAbakpa Nike, Enugu, Enugu

2,500,000 per plot

Kdove Estate Ltd07032710198

4 bedroom detached bungalow for saleClose To Citadel School, Independence Layout, Enugu, Enugu25,000,000 Commercial land for saleEzillo Street, Brown & Brown Road, Independence Layout, Enugu, Enugu45,000,000 Mixed-use land for saleBy Brown & Brown, Independence Layout, Enugu, Enugu80,000,000 15.Mixed-use land for saleAfter Innoson, Beside Sunrise Estate, By Proda Junction, Enugu, Enugu7,000,000 5 bedroom detached duplex for saleGoshen Estate, Independence Layout, Enugu, Enugu50,000,000 Residential land for saleThinkers Corner, Enugu, Enugu15,000,000 3bedroomflat/apartmentforsaleThinkers Corner, Enugu, Enugu65,000,000

Residential land for salePhase 2, Independence Layout, Enugu, Enugu11,000,000

Godwin Kalu & Co08039366102

Plots of lands available for sale at Nkisi phase 2 Onitsha at N5m asking price per plot.

Chikado Real EstateNo 5 Secretraite Road, Aro-ma, Awka, Anambra, Nigeria.Tel: 08159011811, 08068573790

Functioning nylon factory with machine equipments for all sorts of nylon production, 1000kva transform-er,21.8KVAgenerator,andabout32differentmachinesfordifferentstages which includes recycling and crushing machine and 14pieces of H.D.P.A extruding machine

350,000,000

OkrisNo 4 Fumnanya Street, Asaba, Delta State, NigeriaTel: 08066084734, 08095343831

A BARE LAND MEASURING 650SQM AL STREET, Zoo Es-tate, Independence layout or GRA, Enugu.This property is located right inside a close, on road 22 Phase 5 Trans Ekulustreet,offAbachasAvenue.AsereneareainTransEkuluwithclose proximity to Enugu Shoprite, Danmija Junct, Entertainment parks, Notable hotels, Airport, Banks and other local and international amenities.

TITLE: RegisteredConveyance,dulycertified(Stamped)andregis-tered with relevant authorities.

NET PRICE: N21,000,000.00 only. Outright purchase

All Saints Global LimitedRoad 22 , Phase 5 Trans-ekulu, Trans Ekulu, Enugu State, NigeriaTel: 08038743529, 08174315930

ABUJA PROPERTIES

A 4 bedroom bun-galow/ bq, is put up for sale at Kings Estate, Life Camp.

N50m, Negotiable.Neatly built.

Grafpe Multi Resources Ltd Suite B 50 & B51, Murg Plaza, Area 10, Garki, Fct, Nigeria+2348079787105

A massive mansion in the heart of asokoro, comes with tennis court, generator and serene environment.

N800m asking.

Karl Nad LimitedSuite 305 Nwukpabi Plaza, 14 Waziri Ibrahim Crescent, Gudu, Abuja, Nigeria08063555038, 08097297178, 08116185560

5 bedroom detached duplex for saleAlong Maitama-kubwa Express-road, Karsana, Abuja

150,000,000

J. U. Uzo & AssociatesPrime Plaza, Plot 187, Adeto-kunbo Ademola Crescent, Nigeria08035414397, 08077744041, 08038807153, 09093097393

6 units of 3 bedroom flats & 6 units of 1 bedroom flat is located in Katampe Main, opposite Maitama.

The property is in a great location, close to the Kubwa Expressway and is about 75%-80% completed.

It is for sale at N100m NET, but withmyinfluence,youmayspreadpayment.

The deal here is to buy the property, complete it (allocating about N3.5m forcompletiontoeachoftheflats,assuming we are to merge the 3 bed-rooms with the 1 bedrooms for one owner) and re-sell at N32m each.

It may take around N30m to tastefully complete this project and after a sale ofatleastN32mperflat,youwillhave about N192m, giving you close to50%profit,withinayear,depend-ing on how the economies of scale are managed.

Full-scale Development Company11 Urban Planning Way, Gwarinpa, Fct, Nigeria08034704714, 08091194217

LAND FOR SALE!!!! Bare Land measuring 2,911.2sqm located at Plot 2323 along Sultan Abubakar way, near Custom Head-quarter Cadastral Zone A2,Wuse 11, Abuja. Title. Cofo. Price N450m.

Empty plots of land on 3552.98sqm at Plot 279 Cadastral Zone BO6 Abuja Cofo N250m.

URGENT SALE!!!!! 900sqm Land strategically located at Murtalla Mu-hammed Express Way, Maitama Abuja FCT. Cofo N250m.

Bare land measuring 4,155.92sqm located at plot 2325, Sultan Abubakar way, near custom headquarters, ca-dastral zone A2, Wuse II, Abuja. Cofo. N600m.

No.3plotno.815,offEbituukiweStreet, Jabi District, FCT Abuja. Multi storeystructureon10floors(uncom-pleted)suitableforofficecomplex,ho-tel or luxury. N2.5Bn .2,247sqm..HIGHVALUABLEPROPERTIES.

1) 6 IRO Dan Musa Str. Asokoro Abuja. 3_Five Bedrooms Duplexes/Buildings containing 3 rooms Boys Quarters, a club house and Swimming Pool on 4,363.20sqm.N1.8bn.

2) No. 18 A. E. Ekukinam Str. Utako DistrictAbuja.OfficeBuildingsShowroom, Workshop, Residential Quarters, Service Quarters and other ancillary structures. 3,211sqm. N3bn.

3)6DawkamacloseoffGongolaroad,Behind Royalton Hotel, Garki Area 2 Abuja. 6 nos. 3 Bedroom Flats, 1 no 2 Bedroom Flats, (Penthouse) 2 Nos. 1 Bedroom Flat (Basement) 2 nos 1 Bedroom. 1,040.50sqm. N200m.

4) Plot 2398 Maitama Cadastral Zone A05, Abuja. Bare Land. 1,792.62sqm. N100m.

5) Plot 4 75 Katampe Cadastral Zone B07, Abuja. Bare Land. 2, 615.59sqm. N100m. Direct Briefs

Rouxey Vision Limited28 (formerly 49a) Orange Drive, Crown Estate, Lekki Ajah Express Way, Lagos, Nigeria(+234)8161813556,08161813556,08028091811

Shop for saleZone B, Opposite Fish Mark

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