Commercial Joint Venture Development Opportunity – Prime Residential Site in Lekki Phase 1
Overview
An exceptional commercial joint venture opportunity in the highly sought-after Lekki Phase 1, offering approximately 1,130 sqm of prime land ideal for a premium residential development. The property is strategically located within one of Lagos’ most established high-value neighborhoods, surrounded by luxury residences, commercial hubs, and excellent road connectivity.
The site comes with a valid Certificate of Occupancy (C of O), providing secure title documentation for development. The current owner has already completed piling works designed to support a 5-floor structure, significantly reducing early-stage construction costs and project lead time.
The proposed development is for blocks of flats, making it suitable for developers targeting the high-demand residential market in Lekki. This is strictly available for capable developers with proven track records in premium residential construction. The sharing formula is structured at 50/50, with premium to be determined upon negotiation.
Location
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