Interested in this property?
HOT JOINT VENTURE OPPORTUNITY -- AJAYI-APATA ESTATE, SANGOTEDO
Location:
Ajayi-Apata Estate, beside Fara Park Estate, Emperor Estate, and close to Shoprite Sangotedo, Lekki Axis.
Land Size:
10,026 sqm (Approx. 30 plots)
Terrain:
Very dry, firm land -- ready for immediate development
Title:
Certificate of Occupancy (C of O) / Governor's Consent
Current Land Value:
₦1.2 Billion
Proposed Development:
️ Luxury Block of Terrace Duplexes
Premium:
₦40 Million
Sharing Formula:
To Be Determined (TBD)
Facilitator's Fee:
10%
ROI & INVESTMENT HIGHLIGHTS
High Rental & Sales Demand:
Sangotedo is a fast-growing residential hub with strong demand for luxury terrace duplexes from professionals working in Lekki, Ajah, and Victoria Island.
Projected Sales Value:
Luxury terrace duplexes in this axis currently sell between ₦180m -- ₦250m per unit, depending on finishing and unit mix.
Strong Capital Appreciation:
Land values in Sangotedo have appreciated by 20--30% annually due to infrastructure, commercial expansion, and proximity to malls, estates, and major road networks.
Low Entry JV Structure:
Joint Venture eliminates upfront land acquisition cost, significantly improving developer cash flow and profit margins.
Fast Project Absorption Rate:
Completed terrace units in comparable estates are absorbed within 6--12 months, ensuring quick turnover.
Scalable Development Potential:
Large land size allows phased construction, reducing risk and enabling early cash recovery from initial sales.
Secure Title:
C of O / Governor's Consent reduces legal risk and improves bankability for institutional funding.
REQUIREMENTS FROM INTERESTED DEVELOPERS
Company Profile
Proof of Funds (POF)
Letter of Intent (LOI)
Serious Developers & Strategic Investors Only
08034694258
| Property Ref: 3272569 | Last Updated: 31 Dec 2025 | Market Status: Available |
| Type: Terraced Duplex | Bedrooms: 4 | Bathrooms: 4 |
| Toilets: 4 | Total Area: 10,026 sqm |
Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Complex, Olad Plaza, and many more enrich the leisure and shopping choices available in Sangotedo.
Read the full area guide for Sangotedo, Ajah, Lagos.
Interested in this property?
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.