Description

This 5,000 sqm Filling Station Land is the most strategically located Filling Station Land for sale today in Abuja. It is situated after the pedestal bridge, before the Dei-Dei Junction Park, Zuba; along the Kaduna Highway, before the Head Bridge. This location is busy 24 hours. The Junction is the busiest junction in Abuja in terms of traffic load. One of the roads leads to Garki through Dei-Dei, Kubwa, and Gwarimpa; while the other end leads to Kaduna. It is the next plot after the Police Station. It is exactly opposite the Mobil Filling Station on the other side of the highway. The location will sell market because there is no real filling station on that side of the road from Gwagwalada to Zuba. This is because from SDP Junction to Giri, belongs to the University of Abuja. From Giri to Anagada belongs to the Nigerian Army. The other remaining space belongs to the College of Education, Zuba. So the only one or two stations along this long stretch of road can best be described as black market stations because they are actually mini-stations.

The land is suitable for a 24 hours mega station. Anyone who knows this place will agree with me that any petroleum station there will have 24 hours market. By my conservative estimate, the least such service station can do in a day is 33,000 liters both AGO and PMS. The pictures attached to this post can attest to the heavy traffic nature of this location.

The land has complete Title documents: C of O, R of O, AGIS Recertification Certificate, Layout Plan, and Search Report. Any smart Oilman/ woman will not hesitate to go for this 'Petroleum Station Land Jackpot!' Businessmen/women or investors can also build and lease out the station. Going by the current market leasing price, such mega service station will fly for N12m to N15m per year 'with abeg', multiplied by at least 10 years. It means that the developer will recoup almost all his/her investment capital even before the work is completed. The land can also be used for other commercial enterprises because the Land Use is Mixed-Use. It can be used for hotel, showroom, plaza, church, school, etc
The Price is N60,000,000 net.
5% Agency Fee applies.

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