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Waterfront Land
About this property
"An exceptional waterfront land joint venture opportunity is available at the prestigious Orange Island, Lekki Phase 1. With a minimum land allocation of one hectare and over 100 hectares available, this opportunity is ideal for developers seeking to execute premium residential, mixed-use, or other suitable waterfront developments within an emerging luxury destination. The proposal offers flexibility to accommodate the developer's concept, creating room for innovative development schemes that align with the location and the wider estate's vision. Key Property Details Location: Orange Island, Lekki Phase 1, Lagos Land Size: Minimum of 1 hectare (10,000sqm) Land Value: ₦1,500,000 per sqm Minimum Land Value: ₦15,000,000,000 (₦15 Billion) Joint Venture Sharing Ratio: 50/50 Premium: ₦500,000,000 (₦500 Million) Facilitators' Fees: To be determined Development Proposal: Flexible, subject to the developer's concept Total Availability: Over 100 hectares Infrastructure & Development Responsibilities Landowner's Responsibility Delivery of external infrastructure to the neighbourhood Road networks Independent Power Provision (IPP) Developer's Responsibility Internal infrastructure within the proposed development Development planning and execution in line with the agreed concept and JV terms Proposed Estate Amenities The wider Orange Island development is planned to feature premium waterfront lifestyle amenities, including: Marina Jetty Water park Kayaking facilities Road network infrastructure Independent power provision These amenities are intended to position the wider estate as a premium waterfront destination, offering potential for high-value residential and mixed-use developments. Joint Venture Structure Sharing Ratio: 50% Landowner / 50% Developer Premium: ₦500 Million Development Concept: Flexible, subject to mutual agreement Minimum Land Allocation: 10,000sqm This opportunity is suited to established real-estate developers and investment groups seeking substantial waterfront land for a large-scale project in the Lekki Phase 1 axis. Over 100 hectares available for 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
Property details
Area guide — Lekki
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety o...
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time i...
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are alway...
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki, Lagos
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