Premium Joint Venture (JV) Opportunity in Ikoyi, Lagos
Location: Ikoyi, Lagos
Land Size: 2,281 sqm
Transaction: Joint Venture (JV)
Development Capacity: 10--15 Floors
JV Premium: ₦1,000,000,000
Estimated Land Value: ₦3,800,000 per sqm
Estimated Outright Land Value: ₦8,667,800,000
Presenting a premium Joint Venture opportunity in the heart of Ikoyi, offering developers an exceptional platform to create a landmark high-rise development in one of Lagos' most prestigious and sought-after locations.
Spanning approximately 2,281 sqm of prime land, the property has the potential to accommodate a 10--15 floor development, subject to the relevant planning and regulatory approvals. Its strategic location, strong demand for premium real estate, and significant capital appreciation potential make it an attractive proposition for experienced developers and investors.
Development Potential
The site is well suited for a range of premium developments, including:
- Luxury high-rise residential apartments
- Serviced residences
- Corporate office complex
- Boutique hotel
- Mixed-use development
- Premium investment project
Property Highlights
- 2,281 sqm prime land
- Joint Venture development opportunity
- Potential for 10--15 floors
- Prestigious Ikoyi location
- Excellent accessibility
- Established and highly desirable neighbourhood
- Strong demand for premium real estate
- Significant investment and capital appreciation potential
- Suitable for residential, commercial, or mixed-use development
Financial Overview
JV Premium: ₦1,000,000,000
Estimated Land Value: ₦3,800,000 per sqm
Estimated Outright Land Value: ₦8,667,800,000
An exceptional opportunity for developers seeking to establish a high-value landmark project in Ikoyi, combining strategic location, substantial development potential, and long-term investment value.
