Joint Venture: Reclamation Of 204750 Square Meters Of Waterfront Land, Imoba Itedo End Of Freedom Way By Orange Island, Lekki Phase 1, Lekki, Lagos (Ref: 2783870)

Reclamation Of 204750 Square Meters Of Waterfront Land

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Property Description

*reclamation at lekki phase one ( end of freedom way waterfront/orange island )*

*land size:* 21hectares (315plots) to be reclamated at imoba itedo (end of freedom way) beside orange island, lekki phase one, lagos. *owo iwoko* *250m*

*present value of land in the area: 350k naira per square meter!!! *

*title:* federal c of o

*sharing formula:*
Land owner 50%
Investor 50%
Mandate 5% others 5%

*facilitators fees:*
50m cash and 10% of land from the investor
The below should be listed in your offer letter

1 owo iwoko
2 how you intend to pay the owo iwoko
3 duration of the project
4 proof of fund to be provided
5 evidence of dredger ownership
6 the names of the company's you are partnering with
7 the date you intend to have meeting with the land owner

08033439035


Property Details

Property Ref: 2783870Last Updated: 26 Mar 2025Market Status: Available
Type: LandTotal Area: 204,750 sqmCovered Area: 204,750 sqm

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.

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