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EXCLUSIVE JV OPPORTUNITY -- BANANA ISLAND, IKOYI
*Prime Land for Luxury High-Rise Development*
*Location:* Banana Island Estate, Ikoyi -- Nigeria's most prestigious address
*Land Size:* 1,500.23 SQM
*Land Value:* ₦5M per SQM
*Total Land Value:* ₦7.501 Billion
*Premium:* Subject to Discussion
*Proposed Development:*
- *Floors 1--2:* Car Park
- *Floors 3--5:* Block of Luxury Apartments
- *Floors 6--7:* 4 Units of 4-Bedroom Maisonettes
- *Floor 8:* 2 Units of Exclusive Penthouses
- Open to additional design options
*JV Structure:*
- *Sharing Formula:* 50/50
- *Facilitator's Fee:* 10% net
*Why This Deal Stands Out:*
- Rare JV slot in Elite Banana Island Estate
- Perfect for luxury residential development with global buyer appeal
- High demand for premium Ikoyi apartments = Strong ROI
*Engagement Terms:*
Strictly for *direct developers or valid mandates of developers only*.
Proof of capacity required. No brokers, no middlemen. Serious engagemen
| Property Ref: 3530928 | Last Updated: 17 Jun 2026 | Market Status: Available |
| Type: Mixed-use Land | Total Area: 1,500 sqm |
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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