Land Size 2400sqrm
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Property Description
Pre-condition for the JV
Land Size 2400sqrm
Land Value 1.7B
Nrs of unit 50 apartments plus penthouses.
Timeline 24months
title Cofo completed. and Governor consent processing & all fees will be taken care by land owner
Developer will be responsible for building approval processing & all fees
Proof of fund 1.5B
Sharing ratio
Land owner 40%
Developer 60%
*Location: Freedom Way Lekki.*
Signing bonus 50M
Penalty
Rental income on each unit after grace period of 120 days from supposed delivery date.
Once the above is agreeable,kindly go ahead and do a preliminary drawings for the project clearly showing the site layout and typical floor plans of the Typology
30501
Property Details
| Property Ref: 2988034 | Last Updated: 21 Jul 2025 | Market Status: Available |
| Type: Land |
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
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.
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Disclaimer
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