Mixed-use land joint venture
Land joint venture
Prime 1,600SQM Land
About this property
"An exceptional Joint Venture (JV) opportunity involving 1,600sqm of prime land strategically located in Oniru, Victoria Island, Lagos. The property offers developers an opportunity to undertake a premium high-rise residential development in one of Lagos's desirable residential and commercial districts. The proposed development comprises an 8--12-storey luxury residential building with approximately 24--48 units, structured under a 50/50 joint venture arrangement with no upfront land premium. Property Details Location: Oniru, Victoria Island, Lagos Land Size: 1,600sqm Title: Certificate of Occupancy (C of O) Land Valuation: ₦2,600,000,000 (₦2.6 Billion) Property Type: High-Rise Residential Development Opportunity Proposed Development Building Configuration: 8--12 Floors Residential Units: Approximately 24--48 Luxury Apartments Entrance Lobby: Proposed Podium Parking: Proposed Generator House: Proposed Recreational Deck: Proposed The proposed development configuration is subject to feasibility studies, planning approvals, and applicable building regulations. Joint Venture Terms Sharing Ratio: 50/50 Land Premium: None (₦0) Facilitator's Fee: 10% Facilitator's Fee Amount: ₦260,000,000 Investment Opportunity This JV presents an attractive opportunity for experienced developers seeking to deliver a substantial luxury residential project in Oniru without the requirement of an upfront land premium. With a stated land valuation of ₦2.6 billion, a Certificate of Occupancy, and a proposed 50/50 sharing structure, the property offers a foundation for a high-value residential development, subject to due diligence and mutually agreed terms. Inspection strictly by appointment." For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate
Property details
Area guide — Victoria Island (VI)
Interesting Facts
You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.Victoria Island was once completely surrounded by water until the colonial government sand-fille...
Leisure and Shopping
Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosm...
Popular Estates
1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned...
Day Life
Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Is...
Night Life
In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.If you live in Lagos, you have probably heard of Club Quilox. This is on...
Schools
If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent...
Read the full area guide for Victoria Island (VI), Lagos
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Disclaimer
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