Mixed-use land joint venture
Banana Island, Ikoyi, Lagos
For sale reclamation opportunity
100 hectares waterfront land
banana island boundary -- adjacent to lekki phase 1, lagos
a rare large-scale reclamation opportunity in one of lagos' most prestigious and highest-value corridors.
️ price
₦1,000,000 per square meter
(buyer to reclaim)
documentation & approvals
environmental impact assessment (eia)
drainage impact assessment
bathymetric survey
niwa approval
dredging permit
certificate of occupancy (c of o)
governor's consent in view
access
️ direct access via freedom road, lekki phase 1
investment highlights
prime location advantage: bordering banana island & lekki phase 1 --- two of the most exclusive real estate zones in lagos.
massive land size: ideal for luxury estates, mixed-use developments, marina projects, high-rise waterfront apartments, or commercial hubs.
reclamation upside: buying at water-level pricing allows investors to unlock significant value post-reclamation.
high demand corridor: continuous influx of hnwis, expatriates, corporates, and institutional investors.
limited supply: large contiguous waterfront parcels in this axis are extremely scarce.
post-reclamation value projection
comparable reclaimed waterfront lands in banana island / ikoyi axis currently trade between ₦3m -- ₦6m per sqm (and higher depending on use).
potential capital appreciation: 200% -- 500%+ post-reclamation and infrastructure development.
strong exit options: sale in plots, jv with developers, or full-scale estate development.
ideal for:
institutional investors
large-scale developers
land bankers
jv & ppp projects
serious buyers only
08034694...
More details
₦1,000,000
Dasilver Stone Int'l Ltd
08034694258