Joint Venture Mini Flats in Ikate Elegushi, Lekki, Lagos

Joint venture development opportunity in seagate estate, ikate-elegushi, lekki 2,389.618 sqm bare land proposed block of flats ₦2.5 billion property value --- property overview - location: seagate estate, kusenla road, ikate-elegushi, lekki, lagos - land size: 2,389.618 sqm (surveyed and registered) - proposed development: block of flats - property value: ₦2,500,000,000 - facilitator's fee: 8% of property value - title: certificate of occupancy (c of o) - jv sharing formula: to be determined (tbd) --- key highlights - prime gated estate location -- situated inside seagate estate, a secure and well-maintained community - joint venture opportunity -- ideal for developers or investors seeking partnership projects - clear title & surveyed -- full c of o and survey plan (origin: u.t.m zone 31) - ready for development -- bare land with approved layout and infrastructure access - high-value area -- ikate-elegushi is one of lekki's fastest-appreciating corridors --- ️ development proposal - project type: residential block of flats - target market: mid to high-income tenants/buyers - potential units: 12--16 luxury apartments (2--3 bedrooms) - amenities: rooftop, parking, 24/7 security, gym --- location benefits - seagate estate access -- secure, gated environment with controlled entry - growing ikate-elegushi axis -- rapid infrastructure development and rising demand - proximity to key destinations -- easy access to ajah, lekki phase 1, and victoria island - strong rental & resale market -- high demand from young professionals and families --- jv investment structure - property value: ₦2.5 billion (land contribution) - facilitator's fee: 8% (₦200 million) - development cost: to be funded by jv partner(s) - profit sharing: negotiable (based on capital/resource input) --- why consider this jv? - scalable residential project in high-demand area - low-risk entry with titled land already secured - ideal for developers seeking turnkey partnership - clear path to high roi given location and market trends --- ideal jv partners - real estate developers - construction companies - high-net-worth investors - institutional funders - property investment firms --- next steps for interested partners contact to: - review full survey and title documents - discuss jv structure and sharing formula - conduct site inspection - submit development and funding proposal serious and capable partners only. a ready-to-launch jv opportunity in one of south lekki's most promising estat...