JV Opportunity: 4,829.953 SQM Development Land with Structure in Parkview, Ikoyi, Lagos
Overview
A prime Joint Venture (JV) development opportunity is available in the prestigious Parkview Estate, Ikoyi, Lagos. The property comprises approximately 4,829.953 square metres of land with an existing structure, offering an excellent opportunity for a high-end residential development in one of Lagos’ most sought-after neighbourhoods.
The proposed development is envisaged to comprise luxury terraces alongside a select number of fully detached houses, subject to final architectural design, planning approvals, and development terms.
The property is offered with a Lagos State Certificate of Occupancy (C of O). The land value is ₦10 billion, with a ₦500 million premium. The sharing ratio is to be agreed upon between the landowner and developer, while the applicable facilitators' fee is 10%.
With its strategic location, substantial land area, established neighbourhood, and premium residential positioning, this opportunity is well suited to experienced developers seeking a prestigious luxury residential project in Ikoyi.
Key Property Details
- Location: Parkview Estate, Ikoyi, Lagos
- Land Size: 4,829.953 SQM
- Property: Land with existing structure
- Land Value: ₦10,000,000,000
- Premium: ₦500,000,000
- Proposed Development: Luxury terraces + a few fully detached houses
- Sharing Ratio: To be determined
- Facilitators' Fee: 10%
- Title: Lagos State Certificate of Occupancy (C of O)
- Transaction: Joint Venture
Location
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