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Mixed-use land joint venture

A Closable Joint Venture Located in a Strategic Area with C of O.

Off Alexander Road, Old Ikoyi, Ikoyi, Lagos
₦20,000,000,000
#347-095-2 8 May 2026
4,800 m² Plot size
Mixed-use Property type

About this property

️ Old ikoyi JV off alexander RD 4,800SQM 10-floor twin towers NO premium N20BN > land value !!! Location: Off Alexander Road, Old Ikoyi Land Size: 4,800 sqm Prime Old Ikoyi Title: Federal C of O 99 Years Unexpired Best Title Land Value: N20BN N4.17M/sqm Premium: N0 Zero Premium Sharing: 40:60 Owner 40% Developer 60% Proposal:!Luxurious 10-Floor Twin Towers Facilitator Fee:!10% = N2BN Owner's terms - Wants Reputable Construction Firm --- Track record in Ikoyi/V.I/Banana required - No Premium --- Owner trades premium for speed + quality dev 99yr Fed C of O --- Cleanest title. -!Fast approval, bank finance ready Why This Deal: - Off Alexander Rd --- Old Ikoyi's billionaire row. Neighbors: Dangote, Otedola - 4,800sqm + No Premium --- Last big site in Old Ikoyi. N4.17M/sqm is entry price - 60% to Developer --- Unusual. Owner wants legacy project, not max profit - Twin Towers 10 Floors --- Build - 50-60 luxury units. Old Ikoyi = - N1.5BN-N2.5BN per unit Project Angle: - Build: 10-Floor Twin Towers 4/5-Bed Luxury Flats + Penthouses - Old Ikoyi Comps: N1.8BN-N2.8BN per unit - GDV Potential: N90BN-N140BN Dev's 60% = N54BN-N84BN Mandatory: Reputable firms only. Evidence of pof + 10-floor+ projects delivered in Lagos required. Owner will verify capacity. @iyaja_mailliw$$

Property details

Reference ID #347-095-2
Listed by Temosh Global Properties LTD
Property type Mixed-use Land
Listing status Mixed-use land joint venture
Plot size 4,800 m²

Area guide — Ikoyi

Lagos

Interesting Facts

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?

Leisure and Shopping

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.

Popular Estates

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.

Day Life

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 sop...

Night Life

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.

Schools

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 rec...

Read the full area guide for Ikoyi, Lagos

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Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Temosh Global Properties LTD. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.