Unique Jv Opportunity
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Property Description
JV Investment Opportunity
Off Freedom Way, Lekki Phase 1
Block A -- Ongoing Development
-- 16 Units of 2 Bedroom Apartments -- ₦250M each
-- 2 Units of 3 Bedroom Penthouses (with BQ, Private Cinema & Jacuzzi) -- ₦475M each
Unique Edge
Only mid-rise in the area with fire & sound-proof windows & doors
Luxury finishing, private cinemas & jacuzzis (penthouses)
Sales Update
-- 10 of 18 Units already sold
-- Remaining: 7 Units (2 Beds) + 1 Penthouse
-- Price increase imminent
Revenue Projection
-- 16 Units of 2 Beds = ₦4 Billion
-- 2 Penthouses = ₦950 Million
Total Sales Value (Block A) = ₦4.95 Billion
Block B -- Upcoming Development
An identical block will commence shortly, replicating the same unit mix, pricing, and ROI potential.
Projected Sales Value (Block B) = ₦4.95 Billion
Funding & ROI Example
We are seeking equity partners or funding support for both phases.
Options:
Equity stake in the project
Fixed interest returns
Sample ROI Illustration
-- Investor provides ₦500M
funding
-- At conservative
25% ROI within cycle ₦625M return
-- Larger funding participation scales proportionally
Two Phases = Double Opportunity
Block A (ongoing cashflow) + Block B (pipeline project) together create a ₦9.9 Billion gross sales potential.
Property Details
| Property Ref: 3121794 | Last Updated: 30 Sep 2025 | Market Status: Available |
| Type: Land | Total Area: 2,000 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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Marketed by
Plot 100, Orchid Road, Lekki, Lagos, Nigeria
+234 XXXX Show Phone
+2349129830303
Registered 3 years ago
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