5-Hectare C of O Land for Mass Housing Joint Venture in Abijo, Ibeju-Lekki
Overview
Mass Housing Joint Venture Opportunity in Abijo, Ibeju-Lekki
A substantial 5-hectare (50,071 sqm) landholding is available for a phased mass housing estate development in the strategically positioned Abijo, Ibeju-Lekki corridor, opposite Eko Akete and by Abbas Heart School.
The property benefits from a Certificate of Occupancy (C of O) through Direct Government Allocation, offering a documented title position for a structured development partnership.
The proposed transaction is a semi-direct Joint Venture with the owners' mandate, designed for developers seeking a sizeable landbank for a master-planned residential estate or mass housing scheme.
Key Details:
- Land Size: 50,071 sqm / 5 hectares
- Location: Opposite Eko Akete, by Abbas Heart School, Abijo, Ibeju-Lekki, Lagos
- Title: Certificate of Occupancy – Direct Government Allocation
- Indicative Land Value: ₦40,000,000 per plot
- Estimated Total Land Value: ₦1 billion+
- JV Structure: Semi-Direct Joint Venture
- Mandate: Owners' Mandate
- Proposed Development: Phased Mass Housing Estate
- Facilitation Fee: 10% net, approximately ₦100 million+
This opportunity is suited to qualified developers, institutional investors, and housing development partners seeking a large-scale residential development site within the growing Ibeju-Lekki axis.
Location
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