Joint Venture: 8500 Sqm Land, Lekki Phase 1, Lekki, Lagos | Nigeria Property Centre (Ref: 2511597)

8500 Sqm Land

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Land joint venture in Lekki, LagosLand joint venture in Lekki Phase 1, Lekki, Lagos
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Property Description

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

*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: 2511597Last Updated: 01 Jan 2025Market Status: Available
Type: Land      

Interesting Facts

Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum? 

Leisure and Shopping

There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.

Popular Estates

Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.

Day Life

Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.

Night Life

Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.

Schools

Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.

Read the full area guide for Lekki Phase 1, Lekki, Lagos.

Interested in this property?

Call 0913 XXXX Show Phone
View Similar Property
Land joint venture in Lekki, LagosLand joint venture in Lekki Phase 1, 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 360 DEGREE PROPERTIES LTD. 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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360 DEGREE PROPERTIES LTD

 Plot 36, Udeco Medical Road, Chevron, Lekki, Lagos, Nigeria

  0913 XXXX Show Phone

  +2349137785096

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  Registered 4 years ago

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