Land joint venture
Prime 7500SQM Development Land on Offer
Prime JV opportunity within the secure and highly sought Abraham Adesanya Estate --- ideal for a high‑quality residential development targeting the mid‑to‑upmarket market in Lekki‑Ajah. Property Summary - Location: Abraham Adesanya Estate, Lekki‑Ajah, Lagos - Land Size: 7,500 sqm (0.75 hectares) - Title: Certificate of Occupancy (C of O) - Land Value: ₦2,500,000,000 (Two Billion Five Hundred Million Naira) - Proposed Development Yield: 32 units --- thirty‑two (32) three‑bedroom terrace duplexes (layout noted as 8 x 4) - Premium: Nil (owner indicates no premium) - Facilitator's Fee: 10% Opportunity overview - Strategic JV proposition: Turnkey residential scheme already concepted by the owner. This provides a developer partner with a near‑ready design and floor plan, significantly reducing lead time to planning and delivery. - High demand location: Abraham Adesanya Estate is a mature, well‑serviced estate with strong appeal to professionals, families and investors seeking secure residential addresses in Lekki‑Ajah. - Attractive density: The proposed 32 units on 7,500 sqm offers a balanced scheme with comfortable plot allocation per unit, enabling attractive unit sizes and landscaping/amenity provision. - Flexible arrangement: Sale or joint‑venture structures can be discussed --- owner is presenting the land for JV with no premium requested; detailed equity/return arrangements to be agreed between parties. Advantages & selling points - Clear title: C of O in place for immediate verification and due diligence. - Design ready: Owner has an approved design and floor plans available for review --- faster move to approvals and construction. - Estate amenities & security: Location within Abraham Adesanya Estate ensures access to estate infrastructure, security and existing community facilities---enhancing marketability and resale value. - Developer economics: Low entry friction (design + title ready) and strong demand profile in Lekki‑Ajah improves project feasibility and exit options (sale or rental). Next steps & due diligence - Site inspection and review of C of O and design documentation available by appointment. - Interested developers/investors should submit expression of interest outlining proposed JV structure (equity split, development timeline, funding plan). - Standard due diligence recommended: title confirmation, estate consent process, planning approvals, and technical surveys. Serious developers and investors only. All discussions confidential; facilitator fee of 10% applies.
