Nigeria Property Centre

Joint Venture Property on Bourdillon Road, Ikoyi, Lagos

There are 23 flats, houses, land and commercial properties joint venture in Bourdillon Road as of 5 Sep 2026. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

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2nd Avenue Estate 3rd Avenue Abacha Estate Abdullahi Adamu Estate Awolowo Road Banana Island Bourdillon Road Cooper Road Dolphin Estate Estates Gerrard Road Grenadines Skyvilla Mojisola Onikoyi Estate Osborne Foreshore Estate Osborne Phase 1 Osborne Phase 2 Queen's Drive Shoreline Estate

1–20 of 23 properties joint venture

Bare Land Ideal for High Rise Apartments — Bourdillion Road, Ikoyi, Lagos
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1
₦11,406,455,000

Mixed-use land joint venture

Bare Land Ideal for High Rise Apartments

Bourdillon Road, Ikoyi. Joint Venture. 2,281.291 SQM. Federal C of O. Survey Available. 20-Floor Luxury Residential Development. 34 Units. Premium ₦1.4B. Same Road, Same Pattern as Its Sibling Listing: Priced Above Every Comparable Found for This Exact Size. The problem There's a category of Bourdillon Road JV land where 2,281sqm parcels --- a specific, common size on this exact road --- get quoted at meaningfully different land values and premiums depending on which facilitator is representing the deal, even when the title, location, and general terms are functionally identical. This is precisely that pattern. Multiple independently listed 2,281sqm parcels on Bourdillon Road, all Federal C of O, show land values clustering at ₦4.5 million per sqm with premiums between ₦1.1 billion and ₦1.3 billion. This listing states ₦11,406,455,000 total, which works out to exactly ₦5,000,000 per sqm, plus a ₦1.4 billion premium on top --- above every comparable found at this exact size and address. The agitation Here's the direct comparison, and it echoes almost precisely what shows up on the larger 4,417sqm parcel on this same road. A 2,281sqm Bourdillon Road parcel, Federal C of O, is listed at ₦4.5 million per sqm with a ₦1.1 billion premium and a 60/40 developer-favored sharing split. A separate 2,281sqm Bourdillon Road parcel, same title, is listed at ₦4.5 million per sqm with a ₦1.3 billion premium instead. A distress-sale 2,281sqm Bourdillon parcel, also Federal C of O, is priced at ₦5,000,000 per sqm net --- but is explicitly marked as a motivated below-market sale, not a standard asking rate. A separately described "Elim/Alfred" JV parcel matching this exact size (2,281m²) and title also confirms a ₦4.5 million per sqm land value as the standard rate quoted for this specific parcel elsewhere. This listing's implied ₦5,000,000/sqm matches only the distress-sale outlier --- a price point that exists specifically because that seller needed to move fast, not because it reflects the going rate for a standard, non-distressed Bourdillon Road JV. Layer on the ₦1.4 billion premium, which is the highest premium figure found among the standard (non-distress) comparables at this exact size, and the total cost basis here sits meaningfully above what a developer would pay by anchoring to the ₦4.5M/sqm plus ₦1.1B--₦1.3B premium cluster that multiple other facilitators are quoting for what appears to be the same or a functionally identical parcel. This matters directly to the equity split. The stated sharing here is landowner 38% (13 units) to developer 62% (21 units) --- already a slightly less developer-favorable split than the 60/40 comparable found elsewhere on the same road. Combined with the elevated land value and premium, a developer proposing terms here without first anchoring to the documented ₦4.5M/sqm rate risks giving away meaningfully more equity value than the land itself justifies. The solution 2,281.291 square metres, Bourdillon Road, Ikoyi. Federal Certificate of Occupancy. Survey available. Stated land value implying ₦5,000,000/sqm. Premium: ₦1.4 billion. Development: 20-floor luxury residential development, 34 units. Sharing: Landowner 38% (13 units), Developer 62% (21 units). Developer funds 100% of construction and execution costs. Amenities: swimming pool, gym, padel courts, residents' lounge, kids' playground. Preferred contractors: El-Alan or Cappa & D'Alberto. Timeline: 36 months. Proof of funds required. Here is what's genuinely verified and what a developer should negotiate before signing anything: Verified: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law, consistent across every comparable Bourdillon parcel found. Verified: address and amenity package. Bourdillon Road remains one of Ikoyi's most established addresses, and the stated amenity list --- pool, gym, padel courts, residents' lounge, kids' playground --- is a genuinely complete package for a 34-unit residential tower. Needs negotiation: land value. Multiple comparable 2,281sqm Bourdillon Road parcels, same title, are quoted at ₦4.5 million per sqm --- a developer has clear, documented grounds to negotiate this parcel's implied ₦5,000,000/sqm down toward that established rate. Needs negotiation: the ₦1.4B premium. This exceeds the ₦1.1B--₦1.3B premium range found on directly comparable 2,281sqm Bourdillon parcels --- treat it as a starting position, not a fixed figure. Needs negotiation: the 38/62 sharing split. A comparable 2,281sqm Bourdillon parcel offers a 40/60 split in the developer's favor --- two percentage points better than what's proposed here, which compounds with the elevated land value and premium to meaningfully affect total project economics. Why this beats going in without asking. A developer who raises the documented ₦4.5M/sqm rate, the ₦1.1B--₦1.3B premium range, and the 60/40 split precedent found on comparable Bourdillon Road parcels is negotiating from genuine market evidence, not guesswork --- and stands to materially improve the deal's economics before committing proof of funds. The call to action 2,281.291sqm. Bourdillon Road, Ikoyi. Federal C of O. Implied ₦5,000,000/sqm plus ₦1.4B premium --- both above the documented range for comparable 2,281sqm parcels on the same road. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask directly: can the land value and premium be negotiated toward the ₦4.5 million per sqm and ₦1.1B--₦1.3B premium range documented on comparable Bourdillon Road parcels of this same size? Serious developers only. Proof of funds required. Independent verification of land value and sharing terms strongly recommended before proposal. The address is already Bourdillon Road --- that part isn't in question. The title is already Federal C of O --- that part checks out. The number and the split are both above what's documented elsewhere on the same road, and both are worth negotiating before anything else. Land Type: Mixed-use Land --- Joint Venture Size: 2,281.291 sqm Stated Total Price: ₦11,406,455,000 (implies ₦5,000,000/sqm --- flagged as above comparable range) Premium: ₦1,400,000,000 (flagged as above comparable range) Title: Federal Certificate of Occupancy Survey: Available Development: 20-floor luxury residential development, 34 units Sharing: Landowner 38% (13 units) / Developer 62% (21 units) Developer Funding: 100% of construction and execution costs Amenities: Swimming pool, gym, padel courts, residents' lounge, kids' playground Preferred Contractors: El-Alan / Cappa & D'Alberto Timeline: 36 months Requirement: Proof of funds required Location: Bourdillon Road, Ikoyi, Lagos Market Comparable Context (Bourdillon Road, 2,281sqm-tier JV land): 2,281sqm, Bourdillon Road, Fed C of O --- ₦4,500,000/sqm + ₦1.1B premium, 60/40 split 2,281sqm, Bourdillon Road, Fed C of O --- ₦4,500,000/sqm + ₦1.3B premium 2,281m², Bourdillon Road, Fed C of O ("Elim/Alfred" listing) --- ₦4,500,000/sqm 2,281sqm, Bourdillon Road, Fed C of O, distress sale --- ₦5,000,000/sqm net (below-market motivated sale) This listing: 2,281.291sqm, Bourdillon Road --- implied ₦5,000,000/sqm + ₦1.4B premium, 38/62 split Posted: 5 September 2026 Listed by: Smilebay Realties Limited --- Ref: #365-859-6

Bourdillion Road, Ikoyi, Lagos Added today
Smilebay Realties Limited
Bare Land Ideal for High Rise Apartments — Bourdillion Road, Ikoyi, Lagos
Premium
1
₦22,087,990,000

Mixed-use land joint venture

Bare Land Ideal for High Rise Apartments

Bourdillon Road, Ikoyi. Joint Venture. 4,417.598 SQM. Federal C of O. Survey Available. 27-Floor Luxury Residential Tower. 50 Units. Premium ₦1.5B. This Exact Parcel Is Being Quoted at More Than One Price Right Now --- Here's the Range a Developer Should Actually Negotiate Within. The problem There's a category of Bourdillon Road JV land where the address is genuinely elite --- but the same physical parcel gets marketed through multiple facilitators simultaneously, each quoting a slightly different land value, premium, and sharing split for what is, size for size, the identical plot. That's precisely the situation with 4,417.598sqm on Bourdillon Road. Multiple independently listed JV opportunities on this exact same road, at this exact same size, show land values ranging from ₦3.8 million to ₦4.5 million per sqm, with premiums ranging from nil to ₦1.3 billion, and sharing splits ranging from 60/40 to 64/36 in the developer's favor. A near-identical 4,417m² Bourdillon parcel described elsewhere carries the same 50-unit mix --- 30 four-bedroom apartments, 16 five-bedroom apartments, and 4 five-bedroom penthouses across 28 floors --- strongly suggesting this is the same underlying land being represented through more than one channel. This listing states a headline price of ₦22,087,990,000, which works out to exactly ₦5,000,000/sqm, plus a stated ₦1.5B premium on top. Before responding to any of the other terms, a serious developer needs to know: this is priced above every other independently found comparable for this exact size and road. The agitation Here's the actual spread of what's being quoted for Bourdillon Road land at or near this exact size, and why it matters enormously to your equity outcome. A 4,417.598sqm parcel on Bourdillon Road is separately listed at ₦3.8 million per sqm --- approximately ₦16,786,872,400 total --- with a Federal C of O and no premium stated for now. A 2,281sqm Bourdillon parcel, also Federal C of O, is listed at ₦4.5 million per sqm with a ₦1.1 billion premium and a 60/40 developer-favored split. Another 2,281sqm Bourdillon parcel with the identical title and rate structure carries a ₦1.3 billion premium instead. A 2,340sqm parcel on the adjacent Milverton Road, Lagos State C of O, is listed at ₦4.5 million per sqm with no premium. And a distress-sale 2,281sqm Bourdillon parcel --- genuinely comparable in title and location --- is priced at ₦5,000,000/sqm net, but explicitly marked as a motivated, below-market distress sale rather than a standard asking rate. This listing --- ₦5,000,000/sqm implied, plus a separate ₦1.5 billion premium --- sits at or above every one of those comparables, including the distress-sale outlier. Against the ₦3.8M--₦4.5M/sqm cluster that most standard (non-distress) Bourdillon and Milverton JV land is actually asking, this listing's implied rate is meaningfully elevated, and the ₦1.5B premium on top of it is the highest premium figure found across the comparable set. For an equity JV specifically, this isn't a minor detail. The land value and premium together set the baseline the landowner's equity share is calculated against --- in this case, a stated 36% to the landowner (18 of 50 units) versus 64% to the developer (32 units). If the underlying land value is inflated relative to genuinely comparable Bourdillon parcels, the landowner's 36% share is effectively worth more than the land justifies, and the developer's 64% share carries a correspondingly worse return before a single unit is sold. The solution 4,417.598 square metres, Bourdillon Road, Ikoyi. Federal Certificate of Occupancy. Survey available. Stated land value implying ₦5,000,000/sqm. Premium: ₦1.5 billion. Development: 27-floor luxury residential project, 50 luxury apartments. Sharing: Landowner 36% (18 units), Developer 64% (32 units). Developer funds 100% of construction costs. Preferred contractors: El-Alan or Cappa & D'Alberto. Timeline: 36 months. Proof of funds required. Here is what's genuinely verified and what a developer should negotiate before signing anything: Verified: Federal Certificate of Occupancy. The strongest individual title instrument available under Nigerian land law --- a real, meaningful advantage, and consistent across most of the comparable Bourdillon parcels found. Verified: address and scale. Bourdillon Road is one of Ikoyi's most recognized addresses, and 4,417.598sqm is large enough to support the stated 27-floor, 50-unit development without footprint constraints. Needs negotiation: land value. Given that comparable Bourdillon and adjacent Milverton parcels are asking ₦3.8M--₦4.5M/sqm without a distress-sale discount, a developer has a strong, evidence-based case to negotiate this parcel's value down from its implied ₦5,000,000/sqm toward that established range before agreeing to any sharing formula. Needs negotiation: the ₦1.5B premium. This is the highest premium figure found across every comparable Bourdillon and Milverton listing reviewed --- several comparable parcels state nil premium, and the next-highest found was ₦1.3B. This figure should be treated as a starting position, not a fixed cost. Needs verification: whether this is the same parcel marketed elsewhere. Given the identical size (4,417.598sqm / 4417m²) and closely matching unit mix found in a separately listed Bourdillon parcel, a developer should ask directly whether this is the same underlying land being represented by a different facilitator --- and if so, treat every version's terms as points of negotiation against each other. Why this beats going in without asking. A developer who anchors negotiation to the ₦3.8M--₦4.5M/sqm range already documented on this exact road, and who explicitly raises the premium disparity, is in a materially stronger position than one who accepts this listing's implied rate and premium at face value. The call to action 4,417.598sqm. Bourdillon Road, Ikoyi. Federal C of O. Implied ₦5,000,000/sqm plus ₦1.5B premium --- both above the documented range for comparable parcels on the same road. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask directly: is this the same parcel being marketed elsewhere at ₦3.8M--₦4.5M/sqm, and is the land value and premium negotiable toward that documented range? Serious developers only. Proof of funds required. Independent verification of land value against comparable Bourdillon Road listings strongly recommended before proposal. The address is already Bourdillon Road --- that part isn't in question. The title is already Federal C of O --- that part checks out. The number that actually needs negotiating is the one this listing quotes above everything else trading on the same road. Land Type: Mixed-use Land --- Joint Venture Size: 4,417.598 sqm Stated Total Price: ₦22,087,990,000 (implies ₦5,000,000/sqm --- flagged as above comparable range) Premium: ₦1,500,000,000 (flagged as highest among comparables found) Title: Federal Certificate of Occupancy Survey: Available Development: 27-floor luxury residential project, 50 luxury apartments Sharing: Landowner 36% (18 units) / Developer 64% (32 units) Developer Funding: 100% of construction costs Preferred Contractors: El-Alan / Cappa & D'Alberto Timeline: 36 months Requirement: Proof of funds required Location: Bourdillon Road, Ikoyi, Lagos Market Comparable Context (Bourdillon Road / adjacent Ikoyi JV land): 4,417.598sqm, Bourdillon Road, Fed C of O --- ₦3,800,000/sqm, nil premium (≈₦16,786,872,400) 2,281sqm, Bourdillon Road, Fed C of O --- ₦4,500,000/sqm + ₦1.1B premium, 60/40 split 2,281sqm, Bourdillon Road, Fed C of O --- ₦4,500,000/sqm + ₦1.3B premium 2,340sqm, Milverton Road (adjacent), Lagos State C of O --- ₦4,500,000/sqm, nil premium 2,281sqm, Bourdillon Road, Fed C of O, distress sale --- ₦5,000,000/sqm net (below-market motivated sale) This listing: 4,417.598sqm, Bourdillon Road --- implied ₦5,000,000/sqm + ₦1.5B premium Posted: 5 September 2026 Listed by: Smilebay Realties Limited --- Ref: #365-857-7

Bourdillion Road, Ikoyi, Lagos Added today
4417 sqm
Smilebay Realties Limited
Premium
₦6,907,500,000

Land joint venture

Premium Land Without Premium

Joint venture development on bourdillon road, ikoyi, lagos : land size: 1,535sqm. Location: Bourdillion road, Ikoyi, Lagos. Land value: 4.5 million Naira per sqm. Premium - Nil. Title: C of O proposal: Minimum of 16 floors. Facilitators fee: 7% of the Land value. Procedure: Inspection, company profile, letter of intent, facilitators' fee letter, proof of funds(mandatory) it'll be presented on the day of meeting the land owner) . a serious developer with high-rise capacity is needed. Fivestar.

Bourdillon Road, Ikoyi, Lagos
1535 sqm
Donfabulous Homes
2281 SQM of Land in a High Rise Location — Bourdillon Road, Ikoyi, Lagos
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₦10,300,000,000

Land joint venture

2281 SQM of Land in a High Rise Location

Prime Bourdillon Address for jv - 10--15 Floor Capacity Land Size: 2,281 sqm Title: C of O Land Value: ₦4.5M / sqm Premium: ₦1,000,000,000 Dev. Capacity: 10--15 Floors Facilitator Fee: 10% Requirements from developer: - Letter of Intent (LOI) - Agency Letter - Company Profile - Proposal Survey released upon receipt of loi & Company Profile. Suitable for developers active in Ikoyi / VI with strong delivery track record. Contact 09169725780

Bourdillon Road, Ikoyi, Lagos
2281 sqm
Danna Properties
Proposed 19-Floor Residential Development House — Bourdillon Road, Ikoyi, Lagos
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₦1

House joint venture

Proposed 19-Floor Residential Development House

LANDOWNER-Issued Development Offer (LIDO)* directly on bourdillon road, ikoyi, lagos. Proposed 19-Floor Residential Development Total Land Area: 2,281.291 sqm Land Title- Federal C of O 5% professional fees applies. Commercial terms Development Premium The Developer shall pay a non-refundable premium of ₦1,100,000,000 (One Billion, One Hundred Million Naira) immediately upon the execution of the Joint Venture Agreement. Unit Allocation Landowner Allocation --- 40% (14 Units) - 13 Units of 4 Bedroom Apartments - 1 Unit of 5 Bedroom Penthouses Developer Allocation --- 60% (20 Units) - 19 Units of 4 Bedroom Apartments - 1 Unit of 5 Bedroom Penthouses Developer Funding Obligations The Developer shall finance one hundred percent (100%) of: - Project construction costs - Statutory approvals and regulatory compliance - Lagos State regularisation fees - Infrastructure and utilities installation - All costs required for full project execution Landowner Contribution The Landowner shall provide: - The project land; and - Full statutory cooperation required for obtaining regulatory approvals Landowner Development Concept Within the above regulatory framework, the Landowner proposes a premium Grade-A luxury residential development configured as follows: Total Residential Units: 34 Units Composition: - 32 Units of Four (4) Bedroom Apartments - 2 Units of Five (5) Bedroom Penthouses Building Configuration The proposed development shall comprise approximately 19 floors, inclusive of: - Residential floors - Podium and parking levels if present in final designs - Amenity and service floors Parking Provision Minimum of 68 parking bays (two per residential unit), excluding additional parking for residence, visitors and service parking to be incorporated within basement and/or podium levels. Amenities Project amenities shall include, but not limited to: - Swimming pool - Padel courts - Gymnasium and wellness spa - Drivers' lounge - Reception and Residents' lounge - Supporting lifestyle facilities All amenities shall be reflected in final designs, architectural drawings, etc.

Bourdillon Road, Ikoyi, Lagos
4 beds
Exousia Shelters
Premium
₦9,124,000,000

Mixed-use land joint venture

Land Measuring 2, 281 SQM in a Very Prime Location

Joint venture (JV) bourdillon road ikoyi, lagos terms & conditions for joint venture partnership Prospective partner: A proven capable financier & developer for the construction of high density/high-rise top notch luxury apartments. Plot size: 2,281m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4m/m2 Type of Development: High density/high-rise 10 -- 15 floors mix of 26 units of contemporary top luxury 4-bedroom maisonettes & 6 units 4/5-bedroom penthouses with modern facilities & amenities. Height: Permissible by lasg building authorities but without crowding... Architects: Paradigm/Rumis. (Developers may present their designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.) Construction firm: Elalan, Cappa & D'Alberto, Al Mansour, etc. In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred grade a contractors. Sharing formula: Developer 65%/Landowner 35%. Premium: N600m (deductible from proceeds from the sale of one of landowners' maisonettes). Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents. Facilitators' fee: 10% of land value (NET).

Bourdillon Road Ikoyi, Lagos, Ikoyi, Lagos
2281 sqm
Ire-Loni International Limited
3, 932 SQMS Mixed Use Land — Glover Road Ikoyi, Ikoyi, Lagos
Premium
1
₦15,728,000,000

Mixed-use land joint venture

3, 932 SQMS Mixed Use Land

Glover Road, Ikoyi. 3,932 SQM. Joint Venture. Planning Approved. Piling Already Completed. ₦4,000,000/SQM. No Premium. This Is Not Raw Land. This Is a Site That Has Already Cleared the Slowest Part of the Process. The problem There is a category of Lagos high-rise development conversation that most JV listings never actually reach --- the stage where planning approval is secured and the foundation work has already started. Most JV land offered to developers in Ikoyi is still theoretical. Survey pending. Approval pending. Premium undisclosed until a contractor has already spent weeks in negotiation. The genuine bottleneck for a high-rise contractor isn't finding land in Ikoyi --- it's finding land where the 12-to-18-month approval cycle has already been absorbed by someone else, and where the ground has already been tested and piled. This listing is that site. 3,932sqm on Glover Road, Ikoyi. Lagos C of O. Planning already approved for a 17-floor block of flats. Piling already completed. No premium attached to the land value. The question for a serious high-rise contractor isn't whether Ikoyi land is worth developing. It's whether this specific site --- already de-risked at the two stages that kill most JV timelines --- is worth committing to before another contractor closes it. The agitation Here is what the comparable market shows right now. A near-identical 3,900sqm parcel elsewhere in Ikoyi, also carrying an approved 17-storey high-rise development, is currently listed at ₦15,600,000,000 --- effectively the same size, the same approval status, priced at roughly ₦4M/sqm once premium and terms are factored in. A separate comparable, also close to 3,932sqm in a high-profile Ikoyi location, has been marketed as "closeable" at ₦15,728,000,000. This listing --- 3,932sqm at ₦4,000,000/sqm, no premium --- works out to approximately ₦15,728,000,000 in total land value, placing it directly inside the range both comparables above are asking for. The difference is what this listing has that a purely land-value comparison doesn't show: piling is already completed. On a 17-floor high-rise, piling is not a minor milestone --- it's the geotechnical and structural foundation work that typically consumes months of a project timeline and carries real risk if soil conditions turn out to be difficult. That risk has already been absorbed here. Every month a qualified high-rise contractor spends evaluating a still-theoretical JV elsewhere in Ikoyi is a month this site's timeline advantage compounds. Approval delays are the single most common reason Lagos high-rise JVs stall before a foundation is even poured. This one has already cleared that stage. The solution 3,932 square metres, mixed-use land, Glover Road, Ikoyi. Lagos State Certificate of Occupancy. ₦4,000,000 per sqm, no premium. Planning approved for a 17-floor block of flats. Piling completed. Survey available. Here is what each element actually delivers to the contractor evaluating this deal: Planning approval already secured. The single longest and most unpredictable phase of a Lagos high-rise JV --- Lagos State Physical Planning Permit approval for a 17-floor structure --- has already been obtained. A contractor stepping into this deal is not waiting 12-18 months before construction can legally begin. They are stepping in at the construction phase. Piling already completed. The geotechnical risk on a 17-floor structure is real and expensive to get wrong. Piling completion means the foundation engineering has already been tested against the actual soil conditions on this specific site --- not modeled from a neighbouring parcel's data. This removes a major source of budget and timeline uncertainty before the JV contract is even signed. No premium. The land value is the land value --- ₦4,000,000/sqm, disclosed upfront. No separate negotiation over a premium figure layered on top after due diligence has already consumed time and cost. Glover Road, Ikoyi. A residential and mixed-use street inside the same Ikoyi core that includes Bourdillon, Alexander, and Awolowo Road --- established infrastructure, established demand, not a developing axis with unproven absorption. Lagos State C of O, survey available. Title documentation ready for immediate solicitor review --- a straightforward due diligence process rather than a title chain requiring reconstruction. Why this beats the alternative JV sites currently on the market. The two closest comparable parcels --- both around 3,900sqm with a 17-storey approval --- are asking a similar or higher total land value without disclosing whether piling has been completed. A contractor evaluating those sites is still pricing in the foundation-stage risk this listing has already removed. At the same approximate land value, this is the site with less remaining execution risk. The call to action 3,932sqm. Glover Road, Ikoyi. ₦4,000,000/sqm. No premium. Approved 17-floor block of flats. Piling completed. This is not an offer for a corporate professional looking to buy a home. This is a JV slot for a high-rise contractor or developer with proven capacity to take a piled, approved site to completion. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious high-rise contractors only. Survey and approval documentation available for immediate review. The approval is already granted. The piling is already done. The part of this project that usually takes a year has already happened. Land Type: Mixed-use Land --- Joint Venture Size: 3,932 sqm Land Value: ₦4,000,000/sqm (estimated market rate) Premium: Nil Title: Lagos State Certificate of Occupancy (C of O) Survey: Available Owner's Development Preference: 17-floor block of flats Planning Approval: Approved Current Status: Piling completed Contractors Preferred: Experienced high-rise contractors Agency Fee: 10% Location: Glover Road, Ikoyi, Lagos NPC Comparable Context: 3,900sqm parcel, Ikoyi, approved 17-storey high-rise --- ₦15,600,000,000 Closeable ~3,932sqm parcel, high-profile Ikoyi location --- ₦15,728,000,000 This listing: 3,932sqm, Glover Road, Ikoyi, approved + piled --- approx. ₦15,728,000,000 (₦4,000,000/sqm, no premium) Posted: 25 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-895-3

Glover Road Ikoyi, Ikoyi, Lagos
Smilebay Realties Limited
Open Proposal Joint Venture Available with C of O at Bourdillon — Bourdillon Road, Ikoyi, Lagos
Premium
1
₦16,800,000,000

Mixed-use land joint venture

Open Proposal Joint Venture Available with C of O at Bourdillon

Joint venture, ikoyi Location: Bourdillon Road, Ikoyi Land Size: 4,417.598sqm Land Value: ₦3.8m/sqm Land Title: Fed C of O Proposal: Open Sharing Formula: To be discussed Premium: 1.1B Facilitator's Fee : 10% of the land value. Elim/Alfred terms & conditions for joint venture partnership at NO 50 bourdillon road, ikoyi, lagos. Prospective partner: A proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments. Plot size: 4417m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 50 units *30 units of 4 bedroom apartment *16 units of 5-bedroom apartments *4 units of 5 bedroom penthouse Height: 28 floors or more permissible by lasg building authorities but without crowding... Architects: Paradigm/Rumis. (Developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.) Construction firm: Elalan, Cappa & D'Alberto, etc. In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred contractors. Sharing formula: Developer 64%Landowner 36% Premium: N1.3B net Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents: landowners will provide detailed finishing documents to be applied to their units & common areas if finishing documents by the JV partner is not mutually agreed upon. Facilitators' fee: 10% of land value (neg.)

Bourdillon Road, Ikoyi, Lagos
4417 sqm
Temosh Global Properties LTD
Premium
₦10,300,000,000

Land joint venture

Land with C of O in a Strategic Location

Terms & conditions for joint venture partnership at NO 54a bourdillon road, ikoyi, lagos. Talking to the mandate Prospective partner: A proven capable financier & developer for the construction of high density/high-rise top notch luxury apartments. Plot size: 2281m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 34 units *32 units of 4 bedroom apartment *2 units of 5 bedroom penthouses Architects: Paradigm/Rumis. (Developers may present their designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.) Construction firm: Elalan, Cappa & D'Alberto, Al Mansour, etc. In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred grade a contractors. Sharing formula: Developer 60% Landowner 40% Premium: N1.1B net Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents. Facilitators' fee: 10% of land value

No 54a Bourdillon Road, Ikoyi, Lagos
2281 sqm
Temosh Global Properties LTD
Featured
₦10,264,500,000

Land joint venture

2281 Square Meters Land in a Luxury Neighborhood

Joint venture opportunity in an exclusive neighborhood. Location : Bourdillon Road, Ikoyi, Lagos land size: 2,281 sqm. Document : C of O land value: ₦4.5M/sqm proposal : 10--15 Floors premium: 1 B To proceed, developers are required to submit: Letter of Intent Company Profile Agency Letter Development Proposal Survey plans released upon receipt of loi and Company Profile. We are looking for a developer with a verified track record in Ikoyi and Victoria Island. If that is you --- the conversation starts with a message. Thank you. V

Bourdillon Road, Ikoyi, Lagos
2281 sqm
Withosa Limited
Featured
₦19,876,500,000

Land joint venture

4417 Square Meters in an Exclusive Neighborhood

Joint venture opportunity in an exclusive neighborhood. Location: Bourdillon Road, Ikoyi Lagos. Land size: 4,417 Square Meters. Land title: C of O. Land value: 4.5 Million Naira per Square Meter. Proposal: 20 Floors. Premium: 1.5 Billion Naira. Title: Certificate of Occupancy title. Cooperative landowners. Straightforward JV structures. Sharing ratios open to negotiation. To proceed, developers are required to submit: - Letter of Intent - Company Profile - Agency Letter - Development Proposal Survey plans released upon receipt of loi and Company Profile. We are looking for a developer with a verified track record in Ikoyi and Victoria Island. If that is you --- the conversation starts with a message. Thank you. V.

Bourdillon Road, Ikoyi, Lagos
4417 sqm
Withosa Limited
Featured
₦4,500,000

Land joint venture

Land Measuring 1600SQM

CWL1490 Land Measuring 1600sqm in Ikoyi a rare joint venture opportunity is available on the prestigious Bourdillon Road, Ikoyi---one of Lagos' most exclusive luxury residential corridors. Sitting on 1,600sqm of prime land, this project is ideal for developers with a proven track record in delivering high-end developments within Ikoyi or Victoria Island. The proposed development is suitable for luxury apartments, maisonettes, and penthouses, catering to the growing demand for premium residences in Ikoyi. This partnership structure offers an attractive profit-sharing arrangement and the opportunity to develop a landmark residential project in a highly sought-after location. Development Details Location: Bourdillon Road, Ikoyi, Lagos Land Size: 1,600sqm Title: Lagos State Title Land Value: ₦4,500,000 per sqm Estimated Land Value: ₦7.2 Billion Proposed Development Luxury Apartments Maisonettes Penthouses High-End Residential Development Joint Venture Terms Developer must have a proven development track record in Ikoyi or Victoria Island Premium Payment: ₦550,000,000 Profit Sharing Ratio: 45:55 (in favour of the developer) Landowner Contribution: Land Developer Contribution: Development and Project Execution Ideal Development Partner This opportunity is best suited for experienced real estate developers, development firms, investment consortiums, and institutional investors with a strong portfolio of luxury residential projects in Lagos. Broker's Fee 10% Location Bourdillon Road, Ikoyi, Lagos Property Type Joint Venture Development Opportunity Land Size 1,600sqm for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Ikoyi, Lagos
C W Real Estate
₦1,500,000,000

Land joint venture

Prime 4,417SQM Land

CWL1751 a rare direct landowner Joint Venture opportunity is available in Ikoyi, Lagos, offering a prime development site for a landmark 27-floor luxury residential project. With a substantial 4,417.598 SQM land area, Federal C of O, available survey, and a clearly defined unit-sharing structure, this opportunity is strategically positioned for experienced developers with the financial capacity to execute a premium high-rise development. Land & Title Details Location Ikoyi, Lagos Land Size 4,417.598 SQM Title Federal Certificate of Occupancy (C of O) Survey Available JV Premium ₦1,500,000,000 Development Brief Proposed Development 27-Floor Luxury Residential Project Total Units 50 Luxury Apartments Development Timeline 36 Months JV Sharing Structure Party Allocation Units Landowner 36% 18 Units Developer 64% 32 Units Developer's Obligation The developer will be responsible for 100% of the project's construction costs, including the funding required to execute and complete the development within the agreed 36-month timeline. Developer Requirements Proven experience in luxury/high-rise residential development Strong financial capacity and project execution capability Proof of Funds Required Ability to fund 100% of construction costs Demonstrable track record of successful project delivery Capacity to execute the project within 36 months Investment Highlights Prime Bourdillon Road, Ikoyi location Expansive 4,417.598 SQM development site Federal C of O Available survey 27-floor luxury residential project 50 luxury apartments Developer allocation of 32 units Landowner allocation of 18 units Attractive 64% / 36% development sharing structure Direct landowner JV Significant development potential in one of Lagos' most prestigious neighbourhoods This is a direct landowner JV opportunity designed for a capable developer seeking to deliver a landmark 27-floor luxury residential development in Ikoyi. Serious Developers & Investors Only. Proof of Funds Required. JV Premium ₦1,500,000,000 Development 27-Floor Luxury Residential Project 50 Apartments Timeline 36 Months JV Structure Landowner --- 36% / 18 Units Developer --- 64% / 32 Units For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected]

Ikoyi, Lagos
C W Real Estate
₦1,500,000,000

Land joint venture

Prime 4, 417SQM Land

CWL1751 a rare direct landowner Joint Venture opportunity is available in Ikoyi, Lagos, offering a prime development site for a landmark 27-floor luxury residential project. With a substantial 4,417.598 SQM land area, Federal C of O, available survey, and a clearly defined unit-sharing structure, this opportunity is strategically positioned for experienced developers with the financial capacity to execute a premium high-rise development. Land & Title Details Location Ikoyi, Lagos Land Size 4,417.598 SQM Title Federal Certificate of Occupancy (C of O) Survey Available JV Premium ₦1,500,000,000 Development Brief Proposed Development 27-Floor Luxury Residential Project Total Units 50 Luxury Apartments Development Timeline 36 Months JV Sharing Structure Party Allocation Units Landowner 36% 18 Units Developer 64% 32 Units Developer's Obligation The developer will be responsible for 100% of the project's construction costs, including the funding required to execute and complete the development within the agreed 36-month timeline. Developer Requirements Proven experience in luxury/high-rise residential development Strong financial capacity and project execution capability Proof of Funds Required Ability to fund 100% of construction costs Demonstrable track record of successful project delivery Capacity to execute the project within 36 months Investment Highlights Prime Bourdillon Road, Ikoyi location Expansive 4,417.598 SQM development site Federal C of O Available survey 27-floor luxury residential project 50 luxury apartments Developer allocation of 32 units Landowner allocation of 18 units Attractive 64% / 36% development sharing structure Direct landowner JV Significant development potential in one of Lagos' most prestigious neighbourhoods This is a direct landowner JV opportunity designed for a capable developer seeking to deliver a landmark 27-floor luxury residential development in Ikoyi. Serious Developers & Investors Only. Proof of Funds Required. JV Premium ₦1,500,000,000 Development 27-Floor Luxury Residential Project 50 Apartments Timeline 36 Months JV Structure Landowner --- 36% / 18 Units Developer --- 64% / 32 Units For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Ikoyi, Lagos
C W Real Estate
₦1,400,000,000

Land joint venture

Prime 2, 281SQM Land

CWL1750 a rare direct Joint Venture (JV) opportunity is available in Ikoyi, Lagos, offering an exceptional development site for a landmark 20-floor luxury residential project. With a Federal C of O, available survey, defined unit allocation, and an established development concept, this opportunity is strictly suited to serious, experienced developers and institutional investors with the capacity to fully fund project execution. Land & Title Details Location Ikoyi, Lagos Land Size 2,281.291 SQM Title Federal Certificate of Occupancy (C of O) Survey Available JV Premium ₦1,400,000,000 Development Brief Proposed Development 20-Floor Luxury Residential Development Total Units 34 Units Development Timeline 36 Months JV Sharing Structure Party Allocation Units Landowner 38% 13 Units Developer 62% 21 Units Developer's Obligation The developer will be responsible for 100% of the project's construction and execution costs, including the funding required to complete the development within the agreed project timeline. Proposed Amenities The development is designed to offer a premium residential lifestyle with amenities including: Swimming Pool Fully Equipped Gym Padel Courts Residents' Lounge Children's Playground Premium Recreational Facilities Luxury Residential Finishes Modern Building Infrastructure Preferred Contractors Developer Requirements Proven track record in luxury residential development Demonstrable financial capacity Proof of Funds Required Ability to fund 100% of construction and execution costs Strong project management and delivery capability Commitment to the proposed 36-month development timeline Investment Highlights Prime Bourdillon Road, Ikoyi location Substantial 2,281.291 SQM development site Federal C of O Defined 20-floor luxury residential concept 34-unit development Clear 38% / 62% JV sharing structure Developer retains 21 units Landowner receives 13 units Premium lifestyle amenities including pool, gym, padel courts, lounge, and children's playground Direct landowner transaction Structured opportunity for experienced developers with strong funding capacity This is a direct landowner JV opportunity positioned for developers capable of delivering a landmark luxury residential development in one of Lagos' most prestigious addresses. Serious Developers & Investors Only. Proof of Funds Required. JV Premium ₦1,400,000,000 Development 20-Floor Luxury Residential Development 34 Units Timeline 36 Months Structure Landowner --- 38% / 13 Units Developer --- 62% / 21 Units For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Ikoyi, Lagos
C W Real Estate
₦1,400,000,000

Land joint venture

Prime 2, 281SQM Land

CWL1750 a rare direct Joint Venture (JV) opportunity is available in Ikoyi, Lagos, offering an exceptional development site for a landmark 20-floor luxury residential project. With a Federal C of O, available survey, defined unit allocation, and an established development concept, this opportunity is strictly suited to serious, experienced developers and institutional investors with the capacity to fully fund project execution. Land & Title Details Location Ikoyi, Lagos Land Size 2,281.291 SQM Title Federal Certificate of Occupancy (C of O) Survey Available JV Premium ₦1,400,000,000 Development Brief Proposed Development 20-Floor Luxury Residential Development Total Units 34 Units Development Timeline 36 Months JV Sharing Structure Party Allocation Units Landowner 38% 13 Units Developer 62% 21 Units Developer's Obligation The developer will be responsible for 100% of the project's construction and execution costs, including the funding required to complete the development within the agreed project timeline. Proposed Amenities The development is designed to offer a premium residential lifestyle with amenities including: Swimming Pool Fully Equipped Gym Padel Courts Residents' Lounge Children's Playground Premium Recreational Facilities Luxury Residential Finishes Modern Building Infrastructure Preferred Contractors Developer Requirements Proven track record in luxury residential development Demonstrable financial capacity Proof of Funds Required Ability to fund 100% of construction and execution costs Strong project management and delivery capability Commitment to the proposed 36-month development timeline Investment Highlights Prime Bourdillon Road, Ikoyi location Substantial 2,281.291 SQM development site Federal C of O Defined 20-floor luxury residential concept 34-unit development Clear 38% / 62% JV sharing structure Developer retains 21 units Landowner receives 13 units Premium lifestyle amenities including pool, gym, padel courts, lounge, and children's playground Direct landowner transaction Structured opportunity for experienced developers with strong funding capacity This is a direct landowner JV opportunity positioned for developers capable of delivering a landmark luxury residential development in one of Lagos' most prestigious addresses. Serious Developers & Investors Only. Proof of Funds Required. JV Premium ₦1,400,000,000 Development 20-Floor Luxury Residential Development 34 Units Timeline 36 Months Structure Landowner --- 38% / 13 Units Developer --- 62% / 21 Units For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Ikoyi, Lagos
C W Real Estate
₦20,000,000,000

Land joint venture

4, 417.598 SQM Prime Land Available

JV opportunity Experienced real estate developers and joint venture partners are invited to collaborate on a landmark luxury residential tower project in one of Lagos' most prestigious addresses. The project is located on Bourdillon Road, Ikoyi, Lagos. Key Site Details: Land Area: 4,417.598 sqm Title: Federal Certificate of Occupancy (C of O) Prime Bourdillon Road frontage Proposed Development: 27-floor luxury residential tower (approx.) 50 premium residential units: + 30 × 4-Bedroom Apartments + 8 × 5-Bedroom Apartments + 8 × 5-Bedroom Maisonettes + 4 × 5-Bedroom Penthouses Luxury lifestyle amenities: + Swimming pool + Padel courts + Gymnasium + Residents' lounge + Drivers' lounge + Children's play area (subject to final design) + Approximately 150 parking spaces Planning Parameters: High-density residential zoning Maximum permissible height: approximately 35 floors (110m) Maximum site coverage: 60% Capacity for approximately 66 residential units under current planning regulations Proposed Commercial Structure: Joint Venture development Landowner allocation: 36% (18 units) Developer allocation: 64% (32 units) Developer to finance design, approvals, construction, and project delivery Target construction period: 36 months Ideal Development Partner: Expressions of Interest are invited from developers with: Proven experience delivering luxury high-rise residential developments Strong financial capacity and access to project finance Experience executing projects in Ikoyi, Victoria Island, or comparable premium markets * Institutional governance and established project delivery capability

Bourdillon Road, Old Ikoyi, Ikoyi, Lagos
Enerst Properties
₦10,300,000,000

Land joint venture

2281 SQM Prime Land Available

Joint venture - ikoyi Value: ₦4.5m/ sqm (₦10.3-Billion) Conditions: G-Cappa/ El-Alan Location: Bourdilon road Size: 2,281 sqm Premium: ₦1.1-Billion Title: Fed. C of O Sharing: Developer - 60% Owner - 40% Proposal: High-Rise, 4-bedroom apartment and 5-bedroom penthouse (19-floors) Facilitators fee: 10% not negotiable

Bourdillon Road, Old Ikoyi, Ikoyi, Lagos
Enerst Properties
₦20,000,000,000

Land joint venture

Prime Land Measuring 4417 SQM Available

Joint venture - ikoyi value: ₦4.5m/ sqm (₦20-Billion) conditions: G-Cappa/ El-Alan location: Bourdilon road size: 4,417 sqm premium: ₦1.3-Billion title: Fed. C of O sharing: Developer - 64% Owner - 36% proposal: High-Rise, 4-bedroom apartment and 5-bedroom penthouse (28-floors) facilitators fee: 10%

Bourdillon Road, Old Ikoyi, Ikoyi, Lagos
Enerst Properties
₦4,500,000

Land joint venture

Land Measuring 1600SQM

CWL1490 Land Measuring 1600sqm in Ikoyi a rare joint venture opportunity is available on the prestigious Bourdillon Road, Ikoyi---one of Lagos' most exclusive luxury residential corridors. Sitting on 1,600sqm of prime land, this project is ideal for developers with a proven track record in delivering high-end developments within Ikoyi or Victoria Island. The proposed development is suitable for luxury apartments, maisonettes, and penthouses, catering to the growing demand for premium residences in Ikoyi. This partnership structure offers an attractive profit-sharing arrangement and the opportunity to develop a landmark residential project in a highly sought-after location. Development Details Location: Bourdillon Road, Ikoyi, Lagos Land Size: 1,600sqm Title: Lagos State Title Land Value: ₦4,500,000 per sqm Estimated Land Value: ₦7.2 Billion Proposed Development Luxury Apartments Maisonettes Penthouses High-End Residential Development Joint Venture Terms Developer must have a proven development track record in Ikoyi or Victoria Island Premium Payment: ₦550,000,000 Profit Sharing Ratio: 45:55 (in favour of the developer) Landowner Contribution: Land Developer Contribution: Development and Project Execution Ideal Development Partner This opportunity is best suited for experienced real estate developers, development firms, investment consortiums, and institutional investors with a strong portfolio of luxury residential projects in Lagos. Broker's Fee 10% Location Bourdillon Road, Ikoyi, Lagos Property Type Joint Venture Development Opportunity Land Size 1,600sqm for more information, pricing and private viewing Please Contact: Emmanuel: 09088072106 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Ikoyi, Lagos
1600 sqm
C W Real Estate

Showing 1–20 of 23 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

There are 23 available flats, houses, land and commercial property joint venture on Bourdillon Road, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for flats, houses, land and commercial property joint venture on Bourdillon Road, Ikoyi, Lagos range from ₦1 to ₦22,087,990,000.

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