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CWL1492
Prime Joint Venture Development in Old Ikoyi
An exceptional Joint Venture development opportunity is available within one of Lagos' most prestigious residential corridors. Strategically positioned on Adeleke Adedoyin Street, off Kofo Abayomi Road, Old Ikoyi, this premium development site offers investors and developers the rare chance to create a landmark luxury residential project in a highly sought-after location renowned for exclusivity, prestige, and strong capital appreciation.
Property Details
Land Size: 2,600sqm
Prime Residential Development Site
Suitable for Luxury Apartment Development
Located in a High-Value Residential Neighborhood
Excellent Accessibility and Infrastructure
Ideal for Premium Residential Investment
Development Proposal
Proposed Luxury Apartment Scheme
Owner's Allocation -- 17 Units
2-Bedroom Apartments -- 8 Units
3-Bedroom Apartments -- 8 Units
Penthouse -- 1 Unit
Developer's Allocation -- 21 Units
Unit Mix: Developer's Preference
Special Requirement
Two (2) of the Owner's allocated 2-Bedroom Units are to be merged and converted into a Maisonette occupying the 1st and 2nd Floors.
Location
Situated on Adeleke Adedoyin Street, off Kofo Abayomi Road, in the heart of Ikoyi, this development site enjoys proximity to major corporate headquarters, diplomatic missions, luxury residences, premium retail destinations, international schools, healthcare facilities, and high-net-worth residential communities.
Title Documentation
Land Certificate
Financial Details
Premium: ₦300,000,000 (Slightly Negotiable)
Land Value: ₦2.5 Million Per Square Metre
Facilitator's Fee: 5%
Investment Highlights
Prime Old Ikoyi Address
Premium Residential Development Corridor
Strong Demand for Luxury Apartments
Flexible Developer Unit Mix
Significant Capital Appreciation Potential
Attractive Joint Venture Structure
Excellent Access to Ikoyi and Victoria Island Business Districts
Ideal for High-End Residential Development
Clear Development Framework Already Established
This is a rare opportunity to participate in a high-value luxury residential development within one of Lagos' most prestigious neighborhoods. With its strategic location, attractive allocation structure, and strong market demand for premium residences, the project offers substantial upside for developers seeking a landmark presence in the luxury real estate market of Ikoyi.
FOR MORE INFORMATION, PRICING AND PRIVATE VIEWING
Please Contact:
Emmanuel: 09088072106
Lilian: 09062511340
Email: [email protected]
Website: www.cwlagos.com
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| Property Ref: 3529144 | Last Updated: 16 Jun 2026 | Market Status: Available |
| Type: Land | Total Area: 2,600 sqm |
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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