High-Rise Residential JV Opportunity on 1,400sqm in Victoria Island
Overview
Joint Venture Opportunity – Moshood Olugbani Street, Victoria Island, Lagos
A strategic 1,400 sqm landholding on Moshood Olugbani Street, Victoria Island, available for a high-rise flats development under a joint venture arrangement.
The property is valued at ₦2.6 million per sqm, with a total indicative land value of ₦3.64 billion. The property has a Lagos State Certificate of Occupancy (C of O), while the premium is nil.
The sharing formula is to be determined between the landowner and qualified development partner.
Key Details:
- Location: Moshood Olugbani Street, Victoria Island, Lagos
- Land Size: 1,400 sqm
- Land Value: ₦2,600,000/sqm
- Indicative Land Value: ₦3,640,000,000
- Proposal: High-Rise Flats
- Title: Lagos State C of O
- Premium: Nil
- Sharing Formula: TBD
- Transaction: Joint Venture
Developer Requirement: Prior experience in similar developments and proven financial capability are mandatory.
Location
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