Premium land development opportunity kingsway close, old ikoyi 2,021 SQM proposed apartment development An Opportunity to Develop on Kingsway Close, Old Ikoyi. Situated on Kingsway Close, Old Ikoyi, Lagos, this 2,021 SQM parcel of land presents an opportunity for a proposed residential development comprising a mix of apartments. The offering is structured around a 60:40 sharing ratio, with a ₦1 Billion premium and a stated land value of ₦4.5 Million. For developers considering an apartment development in Old Ikoyi, this offering provides a defined development proposal and commercial framework, subject to the required Proof of Funds (POF) and track record. Land & Development Details - Location: Kingsway Close, Old Ikoyi, Lagos - Land Size: 2,021 SQM - Proposed Development: Apartment Mix commercial terms Land Value: ₦4.5 Million Sharing Ratio: 60:40 Premium: ₦1 Billion developer requirements - Proof of Funds (POF) Required - Track Record Required
Kingsway Close, Old Ikoyi, Ikoyi, Lagos
2021 sqm
Goget Properties
3
₦24,000,000,000
Land joint venture
Premium Land
Joint venture development land size: 4,756 SQM . title: Fed. C of O. Land value: 2 4 Billion. Proposal: 25 Floors or 2blocks of 10 floors. Picture above is the structure the landlord is proposing. Clients must used a reputable and preferred construction company. Please interested developer should forward their loi, company profile and facilitator letter. Sharing: 60/40. Facilitator's fees: 10% Negotiable premium: 1.2 billion Naira. Please note: Only serious developer with past and current project in Ikoyi, VI or Banana Island.
Old Ikoyi, Ikoyi, Lagos
4756 sqm
Donfabulous Homes
1
₦4,500,000
Residential land joint venture
2,929SQM Land for 20 Floors Residential Building or Good Proposal From Developer
JV @ gerrard ikoyi Land Size: 2,929sqm *(With Structure to demolished) Land Value: 4.5m/sqm Proposal: 20 floors Residential Building or Good proposal from developer Premium: TBD, Because the property is tenanted with annual return as Premium. The Landowner is looking at a premium covering the rental value for the construction duration. Sharing Formula: 70/30 in favor of developer. Facilitator fees: 10% Title: Fed CofO procedure: Inspection first before the survey plan loi 10% FF NET(separately) Company Profile.
Gerrald, Old Ikoyi, Ikoyi, Lagos
2929 sqm
Leaders Properties Limited
₦4,500,000
Residential land joint venture
4417SQM Land in Prime Location for a Capable Construction Company
Joint Venture in Ikoyi Value: ₦4.5M Per sqm Conditions: Julius Berger, G-Cappa or Elalan Construction Company. Location: Bourdillion Road, Ikoyi Size: 4417 sqm Premium: ₦1.3Billion Naira
Bourdillion Road, Old Ikoyi, Ikoyi, Lagos
4417 sqm
David Moren Property Services
ADVERTISEMENTResponsive
1
₦20,364,000,000
Residential land joint venture
Residential Land
Property Details Location: Queens Drive, Old Ikoyi, Lagos Property Type: Joint Venture Land Opportunity Land Size: 3,394 SQM Title: Federal C of O stated Land Value: ₦6 Million per SQM Total Stated Land Value: ₦20.364 Billion Premium: ₦700 Million Facilitators' Fee: 8% Sharing Ratio: To Be Confirmed Proposed Development The proposed development is stated to include: Apartments Maisonettes Penthouses The final development scheme, density, unit mix and applicable planning approvals are subject to confirmation. Zahari's Buyer-Focused View This joint venture opportunity involves a 3,394 SQM parcel on Queens Drive, Old Ikoyi, with a Federal C of O stated. The stated land value is ₦6 Million per SQM, giving a total stated land value of ₦20.364 Billion. A premium of ₦700 Million and facilitators' fee of 8% are also stated. The sharing ratio is yet to be confirmed. Prospective development partners should establish the agreed commercial structure, proposed development parameters, planning requirements, title documentation and all associated transaction costs before entering into the joint venture agreement. Financial Details Land Size: 3,394 SQM Land Value: ₦6 Million per SQM Total Stated Land Value: ₦20.364 Billion Premium: ₦700 Million Facilitators' Fee: 8% Sharing Ratio: To Be Confirmed For Enquiries Call/WhatsApp: +234 907 301 3359 Website: www.zaharihub.com
Queens Drive, Old Ikoyi, Ikoyi, Lagos
Zahari Properties
₦22,200,000,000
Residential land joint venture
3,700 SQM Residential Land with Federal C of O
Joint Venture Opportunity -- Old Ikoyi, Lagos 3,700 SQM Federal C of O Title Land Value: ₦6M per SQM (Subject to Valuation) Premium: ₦700M Facilitator's Fee: 8% Property & JV Overview Location: Old Ikoyi, Lagos -- one of the most prestigious and established residential districts in Nigeria. Land Size: 3,700 SQM. Title: Federal Certificate of Occupancy (C of O). Land Value: ₦6,000,000 per SQM (subject to formal valuation). Total Land Value (Indicative): ₦22,200,000,000 (≈ ₦22.2 Billion). Premium: ₦700,000,000 (payable upon JV contract signing). Proposed Development: Block of Apartments with Maisonettes & Penthouses. Sharing Formula: To be negotiated based on land valuation vs. development cost. Facilitator's Fee: 8% of land value. Key Highlights Old Ikoyi Prestige Address: A quiet, low-density, high-value neighbourhood -- home to embassies, corporate executives, and legacy families. Federal C of O Title: Strong ownership security, verified through the Federal Ministry of Lands, Housing & Urban Development. Luxury Development Vision: Proposed mix of apartments, maisonettes, and penthouses targets the ultra-luxury segment. Large Development Canvas: 3,700 SQM allows for a landmark residential project with premium amenities. Premium Commitment: ₦700M upfront at signing -- ensures a serious, well-capitalised developer. Development Potential High-end residential tower(s) with a mix of 2-, 3-, and 4-bedroom apartments. Maisonettes offering duplex living within the building. Penthouses with panoramic views, private terraces, and top-tier finishes. Amenities: Multi-level parking, gym, pool, spa, concierge, 24/7 security, backup power, and water treatment. Target Market: Ultra-high-net-worth individuals, corporate tenants, expatriates, and international investors. Location Benefits -- Old Ikoyi Prestige & Privacy: Tree-lined streets, low traffic, and a mature, high-value community. Proximity to Business Hubs: Minutes from Victoria Island, Ikoyi business district, and Lagos Island. Excellent Infrastructure: Well-maintained roads, drainage, security, and access to top schools, hospitals, and clubs. High Demand, Limited Supply: New luxury developments in Old Ikoyi are rare -- ensuring strong pre-sales and rental demand. Financial Structure Land Contribution Value: ₦22.2 Billion (indicative; subject to valuation). Premium (Upfront): ₦700 Million -- payable to landowner upon JV contract signing. Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. Profit Sharing: To be negotiated -- typically based on the ratio of land value to total development cost. Facilitator's Fee: 8% of land value, typically paid from the landowner's share upon JV execution. Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the premium payment. 2. Company Profile -- with verifiable evidence of luxury high-rise projects (15+ floors) completed in Ikoyi, Victoria Island, or Banana Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦30B--₦50B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the proposed block of apartments, maisonettes, and penthouses. Due Diligence: Upon signing an nda and facilitator fee agreement, the facilitator will provide the Federal C of O, survey, and arrange a site inspection. Title verification to be conducted through the Federal Ministry of Lands (Abuja or Lagos office). Ideal Partner Profile: Top-tier real estate development firm with a proven track record in ultra-luxury high-rises in prime Lagos locations. Strong financial capacity and access to construction finance. Experience with Federal C of O properties is advantageous. Old Ikoyi JV -- 3,700 SQM, Federal C of O, ₦6M/SQM, ₦700M premium, 8% facilitator fee. Serious, qualified developers only -- with proof of funds and luxury track record.
Old Ikoyi, Ikoyi, Lagos
3700 sqm
Ac Valour International
₦14,000,000,000
Residential land joint venture
3000 SQM Well Drained Land
₦14 Billion old ikoyi joint venture 3,000 SQM - Premium ₦800M - 10% Facilitator fee Old ikoyi lagos a rare Joint Venture opportunity in Old Ikoyi, one of Lagos' most established luxury residential addresses. Property Details - Location: Old Ikoyi - Land Size: 3,000 SQM - Property Value: ₦14 Billion - Premium: ₦800 Million - Facilitator Fee: 10% --- ₦1.4 Billion Development Potential The site is suitable for a landmark luxury development, including: - Service Apartments - Luxury Maisonettes - Premium Residential Development - Other commercially viable high-end concepts This opportunity is positioned for institutional investors, established developers, family offices and qualified HNWIs with the financial capacity and development capability to execute at scale. Developer qualification Proof of funds is mandatory. Interested parties are required to submit: 1. Company / Developer Profile 2. Letter of Intent (LOI) 3. Proof of Funds (POF) 4. Facilitator's Fee Letter Important: Survey Plan and further property documentation will be made available after formal introduction and meeting with the owner, subject to the appropriate process. This is not a speculative opportunity and is not intended for unqualified enquiries. When you have the ₦800M premium, verifiable Proof of Funds and the capacity to deliver a landmark development in Old Ikoyi, let's discuss. N.e.w.s Realty Limited WhatsApp / Call +234 813 714 3886 +234 813 743 9166
Old Ikoyi, Ikoyi, Lagos
3000 sqm
News Realty Limited
1
₦19,500,000,000
Land joint venture
3900SQM Land Development Opportunity
JV Development Opportunity -- Glover Road, Ikoyi. Location: Glover Road, Ikoyi, Lagos. Land Size: 3,900 sqm Title: Certificate of Occupancy (C of O) An excellent Joint Venture (JV) opportunity is available in Ikoyi for a competent and reputable developer with the capacity to complete an existing approved development scheme. Key Features: - Existing approved building design - The property has already been piled for a 17-floor high-rise development - Piling works were carried out by Julius Berger - Cost incurred on the piling works will be refunded, subject to the agreed terms Requirements from Interested Developer: - Letter of Intent (LOI) - Company Profile - Agency Letter
Glover Road, Old Ikoyi, Ikoyi, Lagos
3900 sqm
Charis Best Properties
Advertisement
₦10,000,000,000
Land joint venture
2, 000 SQM of Land
Joint venture land available in old Ikoyi for capable developer. Owner want- 20 floors Premium--- #1.1 billion Size--- 2,000 SQM Facilitators fee- 10% Value --- 5m per Sqm Only ready developer with proven records SlvEliz
Burdillion, Old Ikoyi, Ikoyi, Lagos
360 Degree Properties LTD
₦4,500,000
Residential land joint venture
2 Plots of Land (a & B) - Plot a: 2, 340.32 SQM - Plot B: 2, 298.20 SQM
Joint venture opportunity -- milverton road, ikoyi Location: Milverton Road, Ikoyi, Lagos Land Details: - 2 Plots of Land (A & B) - Plot a: 2,340.32 sqm - Plot B: 2,298.20 sqm Land Value: N4,500,000 per sqm Title: Lagos State C of O Premium: Nil Survey: Available upon submission of company profile mou: Available if required Owner's Development Preference: - Single Tower or Twin Tower Development - Minimum of 11 Floors and above - Preferred contractor to handle construction must be verified and experienced a rare Joint Venture opportunity in one of Ikoyi's most prestigious locations, suitable for a high-end luxury development. Interested developers/investors are welcome to engage. Whtssey
Milverton, Old Ikoyi, Ikoyi, Lagos
Charis Best Properties
₦12,600,000,000
Land joint venture
Land Measuring 2800SQM C of O
Joint venture Land measuring 2800sqm Glover Rd, Ikoyi premium: Nil Title: Lagos C of O Proposal: (Minimum of 15 floors) Developer who can high-rise Facilitators fee: 10% of the Land value. Value: #4.5m per sqm †¶€mm.d£‡
Glover Road, Old Ikoyi, Ikoyi, Lagos
2800 sqm
Amzat Odu LTD
1
₦2,500,000
Residential land joint venture
Prime Plots of Land
We have 1000 sqm to 4000 sqm plot for joint venture development We can close within one week Let's talk if you have direct developer Oct
Old Ikoyi, Ikoyi, Lagos
Vallecano Ventures
2
₦2,500,000,000
Residential land joint venture
Prime 1000 SQM Plot of Land
Gated estate with access code entry for visitors 2nd avenue Flats We can close within one week Let's talk if you are capable Bigger sizes available Oct
Old Ikoyi, Ikoyi, Lagos
Vallecano Ventures
₦3,500,000
Residential land joint venture
6326SQM Land
Joint venture ikoyi Land size:- 6,326sqm Location:- it's directly on Gerrard road, residential zone, Ikoyi, Lagos. Title: Lasg C of O Land value ₦3.5m/sqm Proposal : owner wants minimum of twin 15 floors with good car park spaces. Premium:- Nill Sharing ratio:- TBD Facilitators' fee:- 10% of total land value net. For more details, pls contact; Oakland Realtors 08155952653, 08168808462
Gerrard Road, Old Ikoyi, Ikoyi, Lagos
6326 sqm
Oakland Realty
2
₦4,500,000
Residential land joint venture
Prime Plots of Land
We have 1800ms/4000ms Looking for capable developers For high rise structures Different sizes Different locations Let's talk Bourdillon Glover Milverton Aug2026
