Prime 2,349.800SQM Land

A strategic Joint Venture (JV) opportunity is available for a 2,349.800sqm development site in Victoria Island, Lagos. The property is backed by a Lagos State Certificate of Occupancy (C of O) with 55 years unexpired lease, offering an excellent platform for a premium residential development. Property Details Location: Victoria Island, Lagos Land Size: 2,349.800sqm Title: Lagos State C of O Unexpired Lease: 55 Years Transaction: Joint Venture (JV) Net Land Value: ₦5,750,000,000 Proposed Development & Owner's Share The proposed JV is structured for residential development, with the property owner to receive: 13 Units of 3-Bedroom Flats 2 Units of 2-Bedroom Flats Total Owner's Allocation: 15 Units The final development structure and sharing arrangement remain subject to mutual agreement between the property owner and developer. Key Highlights Prime Victoria Island location Substantial 2,349.800sqm development site Lagos State C of O 55 years unexpired lease ₦5.75B net land value Clearly defined owner's unit allocation Suitable for premium residential development Brokerage / Facilitation Fee 10% of Net Land Value --- ₦575,000,000 The agreed facilitation fee is ₦575 Million, payable upon successful conclusion of the transaction. This opportunity is suitable for an established developer seeking a sizeable, strategically located residential development site in Victoria Island with a structured landowner consideration. For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate