Joint Venture: 8500sqm Available, Lekki, Lagos | Nigeria Property Centre (Ref: 2502916)

8500sqm Available

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Land joint venture in Lekki, Lagos
  • 8500 Parking Spaces
  • 8,500 sqm Total Area
  • 8,500 sqm Covered Area

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Property Description

*PRIME 8,500SQM LAND LEKKI PHASE 1 JOINT VENTURE OPPORTUNITY !!!*

*Project Overview*

- *Land Size: 8,500 square meters*
- Location: Heart of Lekki Phase 1, Lagos
- *Land Value: N10.2 billion*

*Joint Venture Terms*

- Sharing Ratio: 60% (Landowner) / 40% (Developer)
- Alternative Sharing Ratio: 70% (Landowner) / 30% (Developer)
- Project Duration: 3 years

*Proposal*

- 5 or 6 blocks of 3-bedroom luxury flats
- 10 floors of 20 flats each
- Amenities:
- Swimming pool
- Gym
- Basketball court
- Children's play area
- Total Units: 100 or 120

*Unit Allocation*

- Owner of land: 70 units
- Developer: 50 units
- Alternative Allocation:
- Owner of land: 60 units
- Developer: 40 units

*Sales Projections*

- Likely sales value per unit: N300 million or more
- Projected completion time: 3 years

*Requirements*

- Proof of funds or bank guarantee
- Company profile and previous work
- Landowner must be a signatory to the account with an agreed amount of money


Note: Counter offers may be considered.


Property Details

Property Ref: 2502916Last Updated: 05 Jan 2025Market Status: Available
Type: LandParking Spaces: 8500Total Area: 8,500 sqm
Covered Area: 8,500 sqm      

Interesting Facts

Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.

Leisure and Shopping

Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.

Popular Estates

Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs. 

Day Life

Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.

Night Life

Ebony Lounge, Jesse Lounge, Club Mirage, Novato Night Club, and Elysium Night Club are all great places to hang out. You can also party at any of these beach clubs: Mood Beach Club, Wave Beach Club, and Moist Beach Club.

Schools

Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.

Read the full area guide for Lekki, Lagos.

Interested in this property?

Call 0915 XXXX Show Phone
View Similar Property
Land joint venture in Lekki, Lagos
Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars.The information is provided and maintained by Lfk Ltd 2. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.

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Lfk Ltd 2

 I175 Road 5, Ikota Shopping Complex, Vgc, Ajah, Lagos, Nigeria

  0915 XXXX Show Phone

  08149696386

  Registered 4 months ago

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