Joint Venture: Prime 7700sqm Of Development Land, Abraham Adesanya, Ajah, Lagos (Ref: 3360741)

Prime 7700sqm Of Development Land

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Property Description

FLEXIBLE JOINT‑VENTURE OPPORTUNITY --- EDEN GARDEN ESTATE (ABRAHAM ADESANYA)
Prime JV parcel: 15 contiguous plots (7700sqm) on a paved street, close to the estate gate --- ready for immediate development and structured partnerships.
Location: Eden Garden Estate, Abraham Adesanya (Lekki/Ajah axis)Holding: 15 plots sold together (contiguous)
Valuation: ₦200,000,000 per plot ---
Total land value: ₦3,000,000,000
Title: Government Consent --- bankable and suitable for JV/financing
Facilitator fee: 10% (payable as agreed)
Proposal: Open --- sharing formula, developer roles and delivery models to be discussed

Opportunity overview
This is a strategic JV offering within a fast‑growing estate on a well‑paved street and only a short walk from the main estate gate --- perfect for developers seeking a scalable, low‑entitlement parcel in a high‑demand Lekki/Ajah corridor. The 15‑plot block provides immediate scale, simple servicing logistics and unified master‑planning potential.

Why this JV stands out
- Contiguous scale: 15 plots together removes fragmentation and simplifies infrastructure, layout and phasing.
- High‑quality placement: located on a paved street and near the estate gate for easy access and marketability.
- Clean title: Government Consent enhances bankability and speeds up JV financing and offtake.
- Flexible commercial model: landowner open to multiple JV structures --- equity split, revenue share, fixed returns plus profit share, build‑to‑sell, or phased roll‑out.
- Strong market: Abraham Adesanya corridor continues to attract mid-to-high end residential demand, making townhouse, terrace or serviced‑plots schemes highly saleable.

Suggested development options
- Townhouse/terrace scheme (medium density)
- Serviced plots sold to HNW end‑users
- Boutique gated mini‑estate or executive bungalows
- Mixed‑use pocket with ground‑floor retail and residential above (subject to approvals)

Commercial mechanics (flexible / negotiable)
- Land valuation basis: ₦200m per plot (total ₦3bn) --- used as land contribution for JV calculations.
- Premium: Nil indicated (landowner carries no premium demand).
- Facilitator fee: 10% --- to be detailed in Heads of Terms (timing and payment milestone negotiable).
- Sharing formula: To be agreed --- typical models include land-for-equity, profit sharing after project costs, or revenue splits after sales.

Next steps (how to progress)

1. Register interest with company profile and proof of capacity/funding.
2. Execute NDA to access full data pack (Government Consent, survey, site plan and estate documentation).
3. Site inspection and concept meeting to review build envelope and market strategy.
4. Submit JV proposal with preferred sharing formula and delivery timeline.
5. Agree Heads of Terms, execute JV Agreement and mobilise.

Due diligence & documentation
Full documentation is available for qualified parties on proof of interest and completion of confidentiality arrangements. Professional conveyancing and project structuring recommended.

Act now
A rare block of scale in Eden Garden Estate on a main paved street --- ideal for a developer looking to execute a closeable JV in a prime Lekki/Ajah location. For immediate access to documents, to arrange a site visit or to submit a JV proposal, contact us with proof of funding/partner credentials. Serious developers and institutional partners only.
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Property Details

Property Ref: 3360741Last Updated: 25 Feb 2026Market Status: Available
Type: LandTotal Area: 7,700 sqm   

Interesting Facts

Do you know that Ajah is the best option for people who want to stay on the island but don't have the financial means to live in Ikoyi or VI? If you're looking for a place to stay on the island of Lagos that won't break the bank, Ajah is the place to go.

Leisure and Shopping

Ajah caters to the needs of its residents by offering a plethora of shopping opportunities as the city grows in popularity. The neighbourhood is littered with shops, markets, malls, supermarkets, and stalls.

Popular Estates

Seaside Estate, Ocean Palm Estate, Peninsula Estate, Peaceville Estate, Royal Gardens Estate, Sunview Estate, Divine Homes, and others are notable estates.

Day Life

Fair Acres, located in Awoyaya, is a world-class park. It is a private country club that offers a variety of activities to its members, guests, families, and children. There is a kayaking lake, a world-class pool, a play area, a picnic area, a gym, a volleyball court, a restaurant, a bar, and an event venue, among other things.

Night Life

There are lounges, bars, and nightclubs all over the place. Simply choose your favourite....

Schools

Crane College, Busy Minds College, Jesilo High School, Lakefield Schools, Edidot College, Alpha Covenant Heritage School, Lakewood British School, Learning Ladder Montessori Schools, Readington School, Amber Ville School, Goldenline School, and others are among the schools that have made quality education accessible.

Read the full area guide for Ajah, Lagos.

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