2400 Square Meters Of Land
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Property Description
*JOINT VENTURE DEAL*
Land Size: 2400sqrm
Land Value: ₦1.7B
Off freedom way lekki phase 1, Lagos
Nrs of unit 50 apartments plus penthouses.
Timeline 24months
Tittle: 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
Premium-50m
Sharing ratio
Land owner 40%
Developer 60%
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
Deola
08033439035
NA
Property Details
| Property Ref: 3005438 | Last Updated: 31 Jul 2025 | Market Status: Available |
| Type: Land | Total Area: 2,400 sqm | Covered Area: 2,400 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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Disclaimer
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71 Community Road Ago Okota, Lagos, Ago, Okota, Lagos, Nigeria
0813 XXXX Show Phone
+2348137964976
Registered 3 years ago
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