A prime 14,000 sqm sand-filled commercial waterfront property available for long-term lease of up to 15 years, renewable for a further 15 years.
KEY FEATURES
• Approximately 14,000 sqm of sand-filled commercial land
• Direct waterfront with jetty development potential
• Adjacent to an operational container terminal used by multinational companies
• Excellent road access from the Lagos-Badagry Expressway via a well-interlocked road
• Close to bonded terminals, tank farms, and Nigeria Flour Mills' facility, which has a draft exceeding 12 metres
• Suitable for container terminal development, bonded terminal operations, logistics yards, bulk cargo handling, maritime services, warehousing, truck parking, and other commercial activities
LEASE TERMS
• Lease duration: Up to 15 years, renewable for another 15 years
• Lease price to be mutually agreed upon based on the lease duration and proposed improvements or structures
• Reasonable and investor-friendly terms
PROPERTY CONDITION
The property is a sand-filled, open commercial yard with a boundary wall. Site works are ongoing, and the property is available for development by a serious lessee.
INVESTMENT OPPORTUNITY
An excellent opportunity for investors and businesses seeking commercial waterfront land for maritime, logistics, shipping, and industrial-related operations outside the congestion of Apapa and Tin Can Island ports.
SERIOUS, CASH-READY ENQUIRIES ONLY.
Physical inspection is available by appointment. Contact us for further details and inspection arrangements.
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