I have about 8 hectres of land bordering a stream in Karu L.G.A, 22 KM from Abuja. The business ideas I have in mind include:

1. Building a secondary school
2. A Reort
3. An Estate (using alternative buiding materials).
4. An Integrated Farm (Fish, Snail, etc), as the land is bordering a stream.

For any of the above, I can only raise an initial investment capital of about N15.00 million.

The last option being to sell the land (the original owner had designed a layout of about 70 plots with road network (a plot of land in the area goes for about N400,000) and investthe money elsewhere.

Please I need a sincere advice.

Personally, I will start building an estate bit by bit. You can't go wrong with real estate. But, if you want to sell 4 plots, holla. My husband and I are looking to buy NOW. Abujabooks@gmail.com.

Firstly is the land buildable? I f not then i think fishing farming or a cool joint would be suitable at the interim.(Joints seem to be thriving so well in Abuja!)
As for building an Estate in Karu, well it depends on which Karu, is it New or Old because i think that the population density in old Karu is quite high, if you would ask me, i think the secondary school would be quite nice!

I will advise you to try your best combine 2 or 3 of your options into that pice of land. You can never predict those businesses at all. Abuja and its environs are quite dynamic. Please dont focus on only one option because 2 are better than 1 and a connection of 3 can not be easily broken.

@LoanBroker
Thanks for your advice. I'll consider other options but if I eventually decide to sell, I'll let you know.

@babycoo
Thanks too. The land is in a developed area of Uke, the HQ of Karshi Development area of Karu L.G.A, so it's quite buildable. But I was thinking of limiting development to some 50 ft from the bank of the stream. That is to say an area of say 50 X 500 ft along the bank of the stream may be reserved for a garden, fish farm, etc.

@father ab
Thanks also for the advice. I'll try to get someone to look at the plot and come up with a design at a reasonable fee.

Once again,Thank you all