Prime Joint Venture Land Opportunity in Ikate, Lekki – Ideal for Luxury Apartment Development
Overview
An excellent joint venture development opportunity strategically located in the highly sought-after Chisco axis of Ikate, Lekki, Lagos. This prime 475sqm parcel is positioned behind Enyo/AP Filling Station along the Lekki corridor, offering exceptional accessibility, strong investment potential, and proximity to major residential and commercial hubs.
The property is suitable for the proposed development of a modern block of 10 units of premium 2-bedroom or 3-bedroom apartments, making it ideal for developers seeking a high-demand residential project in one of Lekki’s fastest-growing neighborhoods.
With a proposed 50/50 sharing formula and no premium attached, this presents a rare opportunity for serious developers and investors to partner on a profitable real estate venture in a prime urban location.
Property Highlights:
- Land Size: 475sqm
- Strategic location in Ikate, Lekki
- Suitable for luxury apartment development
- Proposed Development: 10 units of 2/3-bedroom apartments
- Sharing Formula: 50/50
- Premium: Nil
- Title: Governor’s Consent in Process
- High rental and resale potential
- Excellent road network and accessibility
Location
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