Now selling is a 5-plot of land measuring 600SQM per plot at 6th Avenue FESTAC Town, Amuwo-Odofin Local Government Area of Lagos State.
- Price: N11,000,000/plot
- Title: Survey
- Size: 600SQM per plot
- Location: 6th avenue
The 6th avenue is found in a portion of the town accessible through a bridge from the 1st Avenue, consisting of cul-de-sacs or closes which are named in an alphabetical format.
It is accessible from the Lagos-Badagry Expressway through three main gates that open into the 1st, 2nd and 7th avenues and are called the First, Second and Third gates respectively. It is also accessible through the Festac Link Bridge.
Where is FESTAC?
Anyone who is very familiar with Lagos, Nigeria’s commercial city, will know that FESTAC town is a federal housing estate situated along the Lagos-Badagry Expressway.
The town’s name is derived from the acronym FESTAC, meaning Second World African Festival of Arts and Culture which was held there in 1977 during the military administration of Gen Olusegun Obasanjo (rtd). The first festival was held in 1966 at Dakar, Senegal.
Brief history of how it came about
During the festival, the town played host to participants of the second world Festival of Black Arts ad Cultures.
It was called originally called “Festival Town” or “Festac Village” (festac77), consisting of 5,000 contemporary housing units and seven major avenues.
The unique thing about FESTAC Town is that it was designed to accommodate more than 40,000 visitors PLUS Nigerian employees and officers working at the Festival.
Accommodating police stations, banks, fire service station, hospitals, and other essential facilities and services, festac village was intended to evoke the modern age and the promise of state-sponsored economic development.
After the Festival, the military government of Nigeria allocated the housing and landed properties to eventual winners who took part in a ballot.
Initially, government regulations forbade such winners from renting and disposing-of the properties to third parties, but that has changed.
Important documents to posses when buying property in FESTAC Town
Third parties can now buy and build apartment in FESTAC town, however, the buyer, just like in other place in a competitive city like Lagos, is advised to ensure he processed all the necessary documents like:
- Certificate of Ownership,
- Transfer of Ownership Document
- Purchase receipt
- Deed of Assignment (you can consult property lawyer)
- Government approved plan (if such property only comes with Survey)
Layout:
The town consists of seven major roads/boulevards or avenues from which minor roads extend.
The avenues are identified by their numbers:
- 1st avenue,
- 2nd avenue
- 3rd avenue,
- 4th avenue
- 5th avenue
- 6th avenue
- 7th Avenues
The 1st, 2nd, 4th and 7th Avenues surround a portion of the town in what seems like an almost rectangular road network which are connected and accessible through each other. The 3rd and 5th avenues run parallel within the town.
Above all, FESTAC Town houses recreational centres, gym centre, financial institutions to cater for the needs of its habitats.
So, buying one out of the 5 Plots of land at 6th Avenue FESTAC Town means you are investing in an environment you’ll be proud of.
Property ID: BLL1031
Are you ready for inspection?
Call Opeyemi Quadri on 08065277758
Check the video of the land below. The video was done for a Yoruba client. The message is that the area is fast developing. Buyers are building and developing their property in the area.
It’s a good place to be.
