Prime 4 Plots Land

CWL1804 A prime 4-plot parcel of land is available for a Joint Venture development opportunity in the highly sought-after Ikota, Lekki axis. This is an attractive opportunity for developers and property investors seeking to secure a sizeable landholding in a strategic residential location within the Lekki corridor. The property comes with a Certificate of Occupancy (C of O) and offers a straightforward 50/50 sharing formula between the landowner and the development partner. The land can also be purchased outright on a plot-by-plot basis, providing flexibility for investors who may prefer outright acquisition rather than entering into a Joint Venture arrangement. Property & JV Details Land Size: 4 Plots Location: Ikota, Lekki, Lagos Title: Certificate of Occupancy (C of O) Land Value: ₦220 Million per Plot Total Land Value: ₦880 Million Sharing Formula: 50/50 Premium: ₦100 Million Premium Status: Refundable after 3 months Outright Sale: Plots can be sold separately Development Opportunity The sizeable 4-plot landholding offers developers the opportunity to conceptualize and execute a substantial residential development within Ikota. With four plots available, the site provides adequate space for a carefully planned project while allowing the developer to maximize the property's development potential, subject to applicable planning regulations and approvals. Ikota's strategic location within the Lekki axis makes it attractive for residential developments, with increasing demand for quality housing and continued real estate activity across the corridor. JV Structure The proposed Joint Venture arrangement is based on a 50/50 sharing formula, allowing the landowner and developer to share the proceeds or completed development according to mutually agreed JV terms. Premium: ₦100 Million The stated premium is refundable after 3 months, subject to the agreed terms and conditions of the JV arrangement. Alternative Outright Purchase For investors who prefer outright acquisition, the 4 plots are also available for separate sale. Price: ₦220 Million per plot This provides flexibility for buyers who may wish to acquire a single plot or multiple plots without participating in the JV structure. Why This Opportunity Stands Out Prime 4-plot landholding Strategic location in Ikota, Lekki Secure C of O title Attractive 50/50 JV sharing formula ₦100M refundable premium after 3 months Plots available for separate outright purchase Suitable for residential development Excellent opportunity for experienced developers Strong potential for long-term investment and value creation Ideal For This opportunity is particularly suitable for real estate developers, construction companies, property investment firms, and high-net-worth investors looking for a sizeable development site within the Lekki corridor. Whether through the 50/50 Joint Venture arrangement or outright acquisition of individual plots, this property offers flexibility for investors with different investment strategies. Financial Summary Land: 4 Plots Value: ₦220M per Plot Total Value: ₦880M JV Sharing: 50/50 Premium: ₦100M refundable after 3 months Title: C of O Outright Sale: Available per plot 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