Commercial land joint venture
Land Development Opportunity
An exceptional joint venture development opportunity on a 2,333sqm parcel of land in the heart of Victoria Island, Lagos. This premium site comes with a Certificate of Occupancy (C of O) and an approved building permit for a 15-floor luxury residential development, offering investors and developers a ready-to-execute project in one of Lagos' most sought-after locations. Designed to deliver a high-end residential scheme, this project presents outstanding potential for strong returns and long-term value. Property Details Location: Victoria Island, Lagos Property Type: Joint Venture Development Land Land Size: 2,333sqm Title: Certificate of Occupancy (C of O) Development Approval: 15-Storey Residential Development Approved Development Scheme 25 Units of 3-Bedroom Apartments with 1-Room BQ 23 Units of 2-Bedroom Apartments with 1-Room BQ 2 Units of 4-Bedroom Maisonettes with 1-Room BQ 2 Units of 4-Bedroom Penthouses with 2-Room BQs Total Residential Units: 52 Joint Venture Terms Land Value: ₦8,000,000,000 Sharing Formula: 50:50 Premium: ₦300,000,000 (Net) Facilitator's Fee: 10% Proof of Funds: Required before engagement Development Highlights Prime Victoria Island Address Approved 15-Storey Residential Scheme Certificate of Occupancy (C of O) Ready for Immediate Development Premium Luxury Apartment Mix Excellent Investment Potential Investment Highlights Prestigious Victoria Island Location Approved Development Reduces Project Timeline High Demand for Luxury Residential Units Strong Capital Appreciation Potential Attractive Return on Investment Ideal for Experienced Developers and Institutional Investors Ideal Partner This opportunity is suitable for credible developers, institutional investors, private equity firms, and real estate investment companies with the financial capacity to execute a premium residential development. Joint Venture Structure Land Value: ₦8 Billion Sharing Ratio: 50:50 Premium: ₦300 Million (Net) Location Victoria Island, Lagos Land Size 2,333sqm