JV Opportunity – 2,000sqm Lekki Phase 1
Overview
African Land presents an exclusive Joint Venture development opportunity in the prestigious Lekki Foreshore Estate, Lekki Phase 1, Lagos.
The property comprises approximately 2,000sqm of prime land with a Governor’s Consent, situated within a highly sought-after residential and investment corridor of Lekki.
The landowner is seeking a development partnership for the construction of 40 units of luxury 2-bedroom apartments, designed to meet the demand for high-end residential accommodation within the Lekki Phase 1 market.
Key Development Terms:
- Location: Lekki Foreshore Estate, Lekki Phase 1, Lagos
- Land Size: 2,000sqm
- Title: Governor’s Consent
- Land Value: ₦2,000,000,000
- Development Proposal: 40 units of luxury 2-bedroom apartments
- Premium: ₦60,000,000
- Sharing Formula: 50/50 — Not Negotiable
- Construction Period: 24 months
- Facilitator’s Fee: 10%
- Mandate: Direct mandate
This opportunity is well suited for experienced developers and investors seeking a strategically positioned residential development project in one of Lagos’ most established premium neighbourhoods.
Location
Looking for something else?
Browse properties to buy, rent, lease or develop across Africa, or tell us what you need and we will send matching options.
