Land joint venture
Land joint venture
4, 417.598 SQM Prime Land Available for JV
About this property
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
Property details
Area guide — Ikoyi
Interesting Facts
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?
Leisure and Shopping
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.
Popular Estates
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.
Day Life
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 sop...
Night Life
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.
Schools
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 rec...
Read the full area guide for Ikoyi, Lagos
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