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JOINT VENTURE OPPORTUNITY -- IKATE, LEKKI
Location:
Ikate, Lekki, Lagos
Land Size:
700 sqm
Value:- 550m
Title:
Governor's Consent & Deed of Assignment
Proposed Development:
14 Units of 2-Bedroom Apartments
Sharing Formula:
60 / 40 (Landowner / Developer)
Premium:
₦50 Million
ROI & INVESTMENT HIGHLIGHTS
High-Demand Residential Market:
Ikate is one of Lekki's fastest-growing rental corridors, with strong demand from young professionals and families.
Attractive Sales & Rental Returns:
2-bedroom units in Ikate command strong sales prices and steady rental income, ensuring quick market absorption.
Efficient Land Use:
700 sqm allows optimal design for high-yield multi-unit residential development.
Low Entry JV Structure:
JV eliminates land purchase cost, significantly improving developer ROI and cash flow efficiency.
Fast Sales Velocity:
Comparable developments in Ikate record rapid off-plan and post-construction sales.
Secure Documentation:
Governor's Consent and Deed of Assignment ensure legal security and smooth transaction processing.
Serious Developers Only
08034694258
| Property Ref: 3272665 | Last Updated: 31 Dec 2025 | Market Status: Available |
| Type: Flat / Apartment | Bedrooms: 2 | Covered Area: 700 sqm |
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
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.
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.
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
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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