Properties for Sale by Bid at Asset Management Corporation of Nigeria (AMCON)

Asset Management Corporation of Nigeria (AMCON)

Head Office

3rd Floor, Murjanatu House,

1, Zambezi Crescent

Off Aguiyi Ironsi Street

Maitama – Abuja.

Tel: 0987618923, 09- 09-8122820, 8122822, 8122824

 

Lagos Office

8th Floor, Mulliner Tower

39, Alfred Rewane Road

(Old Kingsway Road)

Ikoyi, Lagos.

Tel: 01-2773100-299

The Asset Management Corporation of Nigeria (AMCON) in fulfilment of its objectives and exercise of its statutory duty of efficiently resolving eligible bank assets purchased from various eligible financial institutions in Nigeria, offers the following properties for sale to interested members of the public. Further details of the properties available for sale, can be found on the following website: https://online.amcon.com.ng/disposals/

S/N PROPERTY ADDRESS STATE DESCRIPTION LAND SIZE (SQM) PROPERTY DETAILS SALES AGENT: NAME AND PHONE NO.
1 Plot No.186, (14) Jebba Close, Off Okene Close, Garki ABUJA Flats/ Apartments 660sqm A two storey building consisting 5(nos) 3 Bedroom flats with a basement domestic staff quarters. Landel Associates Ltd. 08036001650, 08111110381, 08171875075
2 Plot No. 25,Umuoji Street, Off Ozubulu Road, Independence Layout ENUGU Private Residential Property 3,608.22sqm The property comprises a two storey 8 bedroom mansion with a pent house, guest chalet domestic staff quarters, a mini warehouse/ office block and a car port Chika Egwuatu & Partners 08037037505
3 9A Adeyemi Lawson Street, Ikoyi LAGOS Town houses 1,524.05sqm The property is a new development comprising 4(nos) town houses arranged two in a block. The common facilities include swimming pool, borehole and WTP Knight Frank Estate Agency 08033030380, 08033008377, 08139645060 Diya Fatimilehin & Co. 08037205153, 08034022985
4 Block 2, Plot 2, Okunde Blue Water Scheme, Lekki Peninsula, Eti Osa LGA. LAGOS Bare Land 7,451.93sqm “The property is a parcel of undeveloped bare land within the Lekki Tourism Zone, Okunde Blue Water Scheme. Knight Frank Estate Agency 08033030380, 08033008377, 08139645060 Diya Fatimilehin & Co. 08037205153, 08034022985
5 182, Awolowo Road, Ikoyi LAGOS Commercial building 756sqm The property is a purpose built office block consisting of 3 floors and a penthouse. Knight Frank Estate Agency 08033030380,08033008377,08139645060 Diya Fatimilehin & Co. 08037205153, 08034022985
6 53, Rasheed Babatunde Street Okokomaiko LAGOS Hostel 940.758sqm The property is a residential block of 6 units of 3 bedroom flats. Knight Frank Estate Agency 08033030380,08033008377,08139645060 Diya Fatimilehin & Co. 08037205153, 08034022985
7 82-84 Community road, Akoka Yaba LAGOS Hostel 2,600sqm The property consists of 7(nos) student hostel blocks, a restaurant, cybercafe, salon, office and a security house. Knight Frank Estate Agency 08033030380, 08033008377,08139645060 Diya Fatimilehin & Co. 08037205153, 08034022985
8 F167A, Road Five,Victoria Garden City (VGOQ, Ajah LAGOS Detached House 810.26sqm The property is a 1 -Storey 4-Bedroom detached house. Facilities on site include; gate house, generator house, in-built domestic staff quarters, swimming pool and relaxation shed. Knight Frank Estate Agency 08033030380,08033008377,08139645060 Diya Fatimilehin & Co. 08037205153, 08034022985
9 Zenon Filling Station 104/106 Apapa Oshodi expressway Cele bus stop, Okota LAGOS Filling Station 1,846.05sqm The property is a purpose built filling station with one storey building for offices and a security house. Knight Frank Estate Agency 08033030380,08033008377,08139645060 Biya Fatimilehin & Co. 08037205153, 08034022985
10 Block 7, Plot 13 & 14. Acacia Road, Osbome Phase 2. Ikoyi (Misa Court) LAGOS Town houses 2,727.S7sqm Construction on site consists of 4 one storey blocks of 2(nos) 4 bedroom semi detached units. Each unit has one room boys quarters and all bedrooms are ensuite. AMCON owns 3 of the four blocks totalling 6(nos) semi detached properties. Bids must be for all three blocks owned by the Corporation. Knight Frank Estate Agency 08033030380, 08033008377,08139645060 Diya Fatimileriin & Co. 08037205153, 08034022585

ELIGIBILITY TO PARTICIPATE

To participate in the process, an interested party must meet the following criteria:

(i)         Individual / Corporate entity must not be indebted to AMCON;

(ii)        Directors of interested companies must not be indebted to AMCON; and

(iii)       Individual must not be an AMCON employee, a relative of an AMCON employee or member of the Board of AMCON.

All bidders will be required to complete the AMCON Know Your Client (“KYC”) forms as part of the bid submission process and disclose further required information in line with AMCON’s Anti Money Laundering policy. KYC forms can be downloaded from AMCON’s website https://online.amcon.com.ng/disposals/ alternatively, they can be obtained from the respective AMCON offices or by emailing amcon.disposals@amcon.com.ng

BIDDING PROCESS;

(i)         AMCON has adopted a competitive bidding process for the disposal of the properties.

(ii)        Bids must be submitted on AMCON’s standard bidding form together with executed Know Your Client (“KYC”) forms and 10% of the bid amount in certified Bank Drafts in a sealed envelope with “Bid for Property” inscribed on the top left corner of the envelope.

(iii)       The bid must indicate the property, bid amount name, address and telephone numbers of the interested party.

(iv)      The successful bidder will be required to pay the 90% outstanding balance of the bid price within 30 calendar days of the conclusion of the bidding process, failing which the 10% deposit becomes non-refundable and AMCON is free to offer the property to other buyers.

(v)       Bids cannot be withdrawn or cancelled once submitted.

SUBMISSION OF BIDS;

(i)         All bids must be addressed to:

The Secretary, Asset Sale & Negotiation Committee

Asset Management Corporation of Nigeria

8th Floor Mulliner Towers

39, Alfred Rewane Road Ikoyi, Lagos

(ii)        The deadline for the submission of bids is 12:00 noon Wednesday July 22, 2015

OPENING OF BIDS:

(i)         All bids received will be opened in AMCON’s Lagos office at 1:00 pm on Wednesday July 22, 2015. All bidders and / or their representatives are welcome to be present at the bid opening. The highest bid for each property will emerge the winner subject to the highest bid being equal to or above AMCON’s reserve price. Results will be announced immediately after the conduct of the exercise.

(ii)        The return of the certified bank drafts to the unsuccessful bidders will be processed once the bidding closes and winners are announced. Please note that AMCON will not be liable for any delays due to circumstances outside of AMCON’s control.

Property Inspection

All interested bidders are invited to contact the Sales Agents stated in the schedule above for guided inspection of the properties and further enquiries. The properties will be sold on an “as is” basis. For further information and clarification please visit our website https://online.amcon.com.ng/disposals/ or email AMCON at

amcon.disposals@amcon.com.ng.

SIGNED:

Kayode Lambo

Head, Corporate Communications, Strategy & Research Asset Management Corporation of Nigeria

8th Floor Mulliner Towers

39, Alfred Rewane Road

Ikoyi, Lagos.