Residential land joint venture
Land joint venture
Prime 1,300SQM Land
About this property
CWL1803 A prime 1,300sqm parcel of land is available for a Joint Venture (JV) development opportunity in the highly sought-after Ikota, Lekki axis. The property is strategically positioned within a rapidly developing residential corridor, making it an attractive proposition for developers seeking to undertake a quality residential project in an established and desirable part of Lekki. The proposed development is for Blocks of Flats / Terrace Units, offering the opportunity to maximize the site's development potential while creating quality residential accommodation targeted at the growing demand within the Lekki market. Property & JV Details Land Size: 1,300sqm Location: Ikota, Lekki, Lagos Title: Governor's Consent Land Value: ₦500 Million Premium: TBD Development Proposal: Blocks of Flats / Terrace Units Agency Fee: 10% Development Potential With 1,300sqm of land, the property provides a substantial development footprint for a well-planned residential project. The proposed blocks of flats or terrace development can be designed to maximize the available space while incorporating essential features such as parking, landscaped areas, adequate access, and modern residential amenities, subject to applicable planning and development approvals. Ikota's strategic position within the Lekki corridor further enhances the opportunity, with the area benefiting from increasing residential demand and continued real estate development. Why This JV Opportunity Stands Out Prime 1,300sqm development site Located in Ikota, Lekki Secure Governor's Consent title Suitable for residential development Clear development proposal Strong demand for quality housing within the Lekki axis Attractive opportunity for experienced developers Suitable for blocks of flats or terrace development Significant potential for value creation Ideal JV Partner This opportunity is best suited to an experienced real estate developer or investment partner with the capacity to execute a quality residential development. Developers with a strong track record in multi-unit residential projects can leverage the property's size and strategic location to create a commercially viable development tailored to the Ikota/Lekki market. Financial Details Land Value: ₦500,000,000 Premium: TBD Agency Fee: 10% Development Proposal: Blocks of Flats / Terrace Units For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate
Property details
Area guide — Lekki
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
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Disclaimer
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