Nigeria Property Centre

Commercial land for sale

3932SQM Joint Venture Development Site in Ikoyi

Ikoyi, Ikoyi, Lagos
₦4,000,000
#367-961-2 16 Sep 2026 Added yesterday
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3,932 m² Plot size
Commercial Property type

About this property

Presenting a prime Joint Venture (JV) opportunity in one of Ikoyi's most prestigious locations. This exceptional development site spans 3,932sqm and comes with piling already completed and planning approval in place for a 17-floor development, significantly reducing project commencement time and construction costs. With zero premium required, this is a rare opportunity for developers to partner on a high-rise project in one of Lagos' most lucrative real estate markets. Property Highlights 3,932sqm land size Joint Venture (JV) opportunity Development capacity of up to 17 floors Piling completed Planning approval already secured Prime location in Ikoyi Suitable for luxury residential, commercial, or mixed-use development Excellent accessibility Prestigious and high-demand neighborhood Strong investment and capital appreciation potential Development Potential Luxury high-rise apartments Serviced residences Corporate office tower Hotel or hospitality development Mixed-use development Landmark investment project Financial Overview JV Premium: ₦0 (Zero Premium) Estimated Market Rate: ₦4,000,000 per sqm Estimated Land Value: ₦15,728,000,000 Agency Fee (10%): ₦1,572,800,000 Ideal Partner This opportunity is ideal for experienced real estate developers, institutional investors, private equity firms, and corporate organizations seeking to develop a premium high-rise project in one of Lagos' most prestigious locations. Location: Ikoyi, Lagos

Property details

Reference ID #367-961-2
Listed by C W Real Estate
Property type Commercial Land
Listing status Commercial land for sale
Plot size 3,932 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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