Joint Venture Opportunity
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Property Description
JOINT VENTURE OPPORTUNITY
Location: Lekki Foreshore, Lagos
Land Size: 2,200sqm
Title: Certificate of Occupancy (C of O)
Development Proposal:
40 units of 2-Bedroom Apartments
JV Structure:
Sharing Formula: 50% / 50%
Premium: ₦200 Million
Project Status / Added Value:
Architectural drawings completed
Soil test concluded
Planning approval obtained
Two (2) 40ft containers on site for project office use
Investment Highlights
Prime Waterfront Corridor: Lekki Foreshore is a fast-growing luxury and commercial corridor with sustained demand for quality residential apartments.
High Rental & Sales Demand: 2-bedroom apartments in Lekki Foreshore enjoy strong off-plan and post-construction absorption from professionals, expatriates, and short-let operators.
Reduced Project Risk: All critical pre-development works (drawings, soil test, and approvals) already completed, significantly shortening project timeline.
Cost & Time Efficiency: Immediate construction readiness reduces holding costs and accelerates cash flow.
Attractive JV Structure: 50/50 sharing offers equitable upside for both landowner and developer.
Capital Appreciation: Lekki Foreshore land and apartment values continue to appreciate due to infrastructure expansion and proximity to business hubs.
Multiple Exit Options: Units can be sold outright, leased long-term, or optimized for short-let/Airbnb returns.
Scalable Returns: 40-unit density allows for economies of scale and strong profit margins.
Video available on demand
08034694258
Property Details
| Property Ref: 3272773 | Last Updated: 01 Jan 2026 | Market Status: Available |
| Type: Flat / Apartment | Bedrooms: 2 | Bathrooms: 2 |
| Toilets: 3 | Covered Area: 2,200 sqm |
Interesting Facts
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Leisure and Shopping
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Popular Estates
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Day Life
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Night Life
Schools
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
Read the full area guide for Lekki, Lagos.
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Dasilver Stone Int'l Ltd. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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14 Gbenga Adeleke Street Destiny Homes, Abijo, Lagos, Lagos, Nigeria
0803 XXXX Show Phone
08034694258
+2348034694258
Registered 7 months ago
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