Nigeria Property Centre

Commercial land for sale

Exclusive Land Development Opportunity

Ikoyi, Lagos
₦5,000,000
#367-959-7 16 Sep 2026 Added yesterday
WhatsApp
1,500 m² Plot size
Commercial Property type

About this property

A rare Joint Venture opportunity to develop a premium luxury residential tower in the prestigious Banana Island, Ikoyi. This prime 1,500.23sqm land parcel is strategically positioned within Lagos' most exclusive residential enclave, offering exceptional potential for a world-class high-rise development. The proposed development is designed to cater to the growing demand for ultra-luxury residences, featuring luxury apartments, maisonettes, and penthouses with premium lifestyle appeal. Property Details Location: Banana Island, Ikoyi, Lagos Land Size: 1,500.23sqm Land Value: ₦5,000,000 per sqm JV Structure: 50/50 Sharing Formula Premium: To Be Discussed Facilitator's Fee: 10% Proposed Development Concept 1st & 2nd Floors: Dedicated Car Parking 3rd, 4th & 5th Floors: Luxury Apartments 6th & 7th Floors: Four (4) Units of 4-Bedroom Maisonettes 8th Floor: Two (2) Luxury Penthouses Open to Additional Development Options Investment Highlights Prime Banana Island Location Elite Luxury Residential Neighborhood Ideal for High-Rise Residential Development Strong Demand for Premium Apartments Exceptional Capital Appreciation Potential Attractive roi Opportunity Global Market Appeal Ideal Developer / Partner This opportunity is strictly suitable for credible, experienced, and financially capable developers with proven track records in luxury real estate development. Requirements Proof of Development Capacity Required Serious Developers and Investors Only Due Diligence & Engagement Subject to Qualification Location Banana Island, Ikoyi, Lagos Land Size 1,500.23sqm Development Type Luxury High-Rise Residential Development JV Structure 50/50 Sharing Formula

Property details

Reference ID #367-959-7
Listed by C W Real Estate
Property type Commercial Land
Listing status Commercial land for sale
Plot size 1,500 m²

Area guide — Ikoyi

Lagos

Interesting Facts

You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?

Leisure and Shopping

Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.

Popular Estates

If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.

Day Life

You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sop...

Night Life

Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.

Schools

Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track rec...

Read the full area guide for Ikoyi, Lagos

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Disclaimer

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