Sangotedo 1.334 hectares ₦2.4BN land value 55:45 JV
A strategically positioned 1.334-hectare development site directly fronting the Lekki-Epe Expressway, in the Sangotedo growth corridor.
Located Opposite Monastery Road By the Shoprite corridor Sangotedo, Lekki, Lagos
This is a 20-plot land assembly offering the scale required to create a meaningful real estate project---not another small residential development.
The numbers
Land Size: 20 Plots
Total Area: 1.334 Hectares
Land Value: ₦2.4 Billion
Equivalent: ₦120 Million / Plot
JV: 55% Developer / 45% Landowner
Facilitator Fee: ₦240 Million
Title: C of O in view
Documentation: Available for due diligence.
WHY this site?
01. Expressway frontage
Direct visibility onto the Lekki-Epe Expressway creates a strong platform for developments that depend on accessibility, visibility and traffic exposure.
02. Development Scale
1.334 hectares gives a developer room to think beyond individual units.
Potential concepts could include:
- Residential estate
- Mixed-use development
- Commercial destination
- Retail + residential scheme
- Hospitality concept
- Medical/office development
- Purpose-built investment property
Final use remains subject to planning, zoning and regulatory approvals.
03. Sangotedo is moving from periphery to destination
The corridor continues to attract residential, retail and infrastructure-led development.
Being positioned around the Monastery Road / Shoprite / Lekki-Epe Expressway axis gives this parcel a strategic location within that growth story.
The value creation thesis
₦2.4BN land position
1.334 Hectares of Development Scale
Strategic expressway frontage
Design + approvals + development
Targeted ₦10BN+ Development Value Potential
The ₦10BN+ figure is a development potential scenario, not a guaranteed valuation, and would ultimately depend on the approved scheme, sellable/rentable area, construction costs, financing, market pricing and execution.
This opportunity is particularly suited to:
- Experienced property developers
- Private equity / real estate investment groups
- HNWIs seeking development exposure
- Family offices
- Institutional capital partners
- Strategic JV development companies
If your investment strategy is to acquire strategic land, create development value and monetize at scale, this is worth putting through your investment committee.
Survey + due diligence available.
Call / whatsapp
+234 813 743 9166
+234 813 714 3886
N.e.w.s Realty Limited
[email protected]
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