900sqm Joint Venture Development Opportunity in Osapa London, Lekki, Lagos

An exceptional Joint Venture (JV) development opportunity is available in the prestigious Osapa London axis of Lekki, Lagos. The property is strategically located within a secure gated and access-controlled estate, offering a prime environment for residential development.

The land spans approximately 900sqm with an existing structure on the site, which is suitable for demolition and redevelopment. This opportunity is ideal for investors and developers looking to create a high-value residential project such as luxury terraces, semi-detached duplexes, fully detached duplexes, or a block of flats, depending on the preferred development strategy.

With a current estimated land value of ₦870 million, the owner is offering a flexible JV arrangement with a premium of only ₦30 million, which can be paid in two installments. The proposed sharing structure is 60/40, providing a profitable partnership opportunity for serious investors.

Property Highlights:

Property Type: Joint Venture Development Opportunity

Land Size: 900sqm

Location: Osapa London, Lekki, Lagos

Existing Structure: Available (to be demolished)

Development Options: Terraces, Semi-Detached Duplexes, Fully Detached Duplexes, Block of Flats

Land Value: ₦870 Million

Premium: ₦30 Million

Payment Plan: Premium payable in two installments

Sharing Ratio: 60/40

Title: Consent Processing

Facilitator Fee: 10%

This is a rare opportunity for developers seeking a strategic location with strong appreciation potential in one of Lekki’s most sought-after residential districts.