Nigeria Property Centre

Flat / apartment joint venture

948 SQM of Land at Lekki Phase 1

Off Bisola Durosinmi Etti Drive, Lekki Phase 1, Lekki, Lagos
₦1,800,000,000
#353-609-9 20 Jun 2026
WhatsApp
20 Bedrooms
984 m² Plot size
Flat / Apartment Property type

About this property

For JV: Lekki phase 1 abike animasheun off durosimi-eti 948 SQM 18-unit block of flats 50/50 split Prime Lekki Phase 1 land off Durosimi-Eti. Build 18 units of 2 and 3 bedroom flats in a high-demand pocket with clean Governor's Consent. The JV: - Location: Abike Animasheun, off Durosimi-Eti, Lekki Phase 1 - Land Size: 948 SQM - Proposal: Block of flats. 18 units of 2 or 3 bedroom apartments - Title: Governor's Consent - Land Value: ₦1.8 Billion - Premium: ₦110 Million - Sharing Formula: 50% Developer / 50% Landowner - Facilitators Fee: 8% net. Non negotiable The upside: Lekki Phase 1 delivers instant tenant demand and premium rents. 50/50 split with Governor's Consent in place means fast mobilization and clean exit. Build to market, lease to corporate tenants, capture Phase 1 yields. Developers ready to move, this is your Lekki Phase 1 entry.

Property details

Reference ID #353-609-9
Listed by Advanced Orients & Co
Property type Flat / Apartment
Listing status Flat / apartment joint venture
Bedrooms 20
Plot size 984 m²
Built-up area 984 m²

Area guide — Lekki

Lagos

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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