Residential land joint venture
Lekki Foreshore, Lagos, Lekki Phase 2, Lekki, Lagos
Joint venture development opportunity -- lekki foreshore, lagos
2,000 sqm 40 units of 2-bedroom flats c of o title land value: ₦1.6 billion
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property overview
- location: lekki foreshore, lagos
- land size: 2,000 sqm
- land value: ₦1.6 billion
- price per sqm: ₦800,000
- title: certificate of occupancy (c of o)
- proposed development: 40 units of 2-bedroom flats
- partnership type: joint venture (landowner + developer)
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joint venture structure
- landowner's contribution: land valued at ₦1.6 billion
- developer's contribution: full construction financing and project execution
- ownership & profit share: to be negotiated based on land value vs. construction cost
- facilitator's fee: if applicable, to be discussed separately
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️ development vision
a modern residential apartment block consisting of 40 units of 2-bedroom flats, targeting middle-to-high-income tenants and buyers in the growing lekki foreshore corridor. the project aims to maximize returns through efficient design and quality construction.
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key highlights
- lekki foreshore location -- emerging premium area with strong rental and resale demand
- clear title (c of o) -- ensures legal security and smooth transaction
- turnkey development vision -- project scope already defined for quick commencement
- high-yield potential -- 2-bedroom flats are highly sought after in lekki's rental market
- scalable project -- suitable for phased development or outright delivery
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location benefits
- lekki foreshore growth -- rapid infrastructure development and rising property values
- proximity to key areas -- easy access to lekki phase 1, ajah, and victoria island
- scenic environment -- many parts of lekki foreshore offer waterfront or green views
- future appreciation -- ongoing road and bridge projects enhancing connectivity
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investment value
- land value: ₦1.6 billion
- price per sqm: ₦800,000
- development scale: 40 units offer significant revenue potential
- strong market demand -- steady demand for quality 2-bedroom apartments in lekki
- joint venture advantage -- shared risk and resources between landowner and developer
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ideal development partner profile
- experienced real estate developer with completed residential projects
- strong financial capacity to fund construction
- proven ability to deliver quality apartments on time
- open to structured, transparent joint venture agreements
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next steps for interested developers
submit a formal proposal including:
- company profile and portfolio of similar projects
- proof of financial capability
- proposed jv structure and profit-sharing model
- preliminary project timeline and cost estimates
contact to arrange:
- site inspection
- title verification
- meeting with landowner
- detailed terms negotiation
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a ready-to-build joint venture opportunity in lekki foreshore --- ideal for a developer looking to expand in one of lagos' most promising corridors.
serious inquiries on...
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Added Yesterday
₦1,600,000,000
Ac Valour International
08036503218