There are 34 land joint venture in Ikoyi as of 17 Aug 2026. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
Joint Venture Land for a Serious and Ready to Close Developer
Joint venture location banana island ikoyi land size 1200 SQM proposal block of high rise mixed zone development land value 4.5M per SQM facilitators fees 10%
Banana Island, Ikoyi, Lagos
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Ambuiltech Project & Services Ventures LTD
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₦18,000,000,000
Mixed-use land joint venture
Joint Venture in Banana Island Serious and Ready to Close Investor Nee
Joint venture location banana island land size 4000SQM proposal block of high rise mixed zone land value 4.5M per SQM facilitators fees 10%
Mix Zone, Banana Island, Banana Island, Ikoyi, Lagos
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Ambuiltech Project & Services Ventures LTD
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₦4,500,000
Mixed-use land joint venture
Joint Venture
Hot Ikoyi JV JV 4,000sqms Just on Cameron/Kingsway Road ikoyi Land size: 4000sqms with structure. Land value: ₦4.5million/sqm Proposal: Open Title: C of O Sharing ratio: 50/50. Facilitators fees 10% Mixed developments. But that area is designated for a minimum amount of floors The best joint Venture available in Ikoyi
Kingsway, Ikoyi, Lagos
4000 sqm
Booma Properties
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₦18,000,000,000
Mixed-use land joint venture
Bareland Measuring 4000SQM
Hot Ikoyi JV JV 4,000sqms Just on Cameron/Kingsway Road ikoyi Land size: 4000sqms with structure. Land value: ₦4.5million/sqm Proposal: Open Title: C of O Sharing ratio: 50/50. Facilitators fees 10% Mixed developments. But that area is designated for a minimum amount of floors Call Rutavin Company Limited [email protected] 08036181613
Cameron/Kingsway Road Ikoyi, Old Ikoyi, Ikoyi, Lagos
4000 sqm
Rutavin Company Limited
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₦15,728,000,000
Mixed-use land joint venture
A Prime 3, 932 SQM Land
Exclusively for direct clients only JV opportunity ikoyi Location: Off Alfred Rewane Road, Ikoyi, Lagos Land Size: 3,932 Sqm Title: C of O Land Value: ₦15,728,000,000 (₦4,000,000 Per Sqm) (No Premium) Development Partnership Summary: - Prime 3,932 Sqm Development Site - Existing Approved 17-Floor High-Rise Design - Land Already Piled for the Proposed Development - Landowner Seeks a Competent Developer to Complete the Existing Approved Design - Straightforward JV Structure - Cooperative and Developer-Friendly Landowner - Suitable for Developers with Strong Delivery Track Record in Ikoyi and Victoria Island - Facilitator's Fee: 10% Survey Plan: Survey plan will be released upon receipt of the Letter of Intent and Company Profile. Requirements to Proceed: Letter of Intent Company Profile Agency Letter Development Proposal Inspection: Strictly by Appointment Ref:00109 important notice: Only serious and financially capable direct clients are invited to proceed with this opportunity. Inquiries from third parties or intermediaries will not be entertained. For Private Viewing & Confidential Acquisition Enquiries:
Off Alfred Rewane Road, Ikoyi, Lagos
3932 sqm
Knight Angels Realties LTD
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₦2,500,000
Mixed-use land joint venture
2766 Bare Land in a Serene Environment
Joint Venture Development Partnership Of 2766 Sqm Bare Land Situated At Awolowo Road Southwest Ikoyi , Lagos. Owners want Luxury development of mixed used high rise apartments, 80-90% Residential and 10-20% Commercial, and also a reputable construction company to build the property, Land value is N2.5m per sqm , 10% Brokerage fee of the land value to the Brokers, Title documents is Federal Government And Lagos State . For more information please contact us 08023388329 07064570479 Ymoj
Awolowo Road, Ikoyi, Lagos
2776 sqm
J Ola Toriola Properties
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₦17,694,000,000
Mixed-use land joint venture
3, 932 SQMS Land with Pilling Structure
Glover Road, Ikoyi. Equity Joint Venture. 3,932 SQM. Planning Approved --- 17 Floors. Piling Already Completed. Lagos State C of O. No Premium. Confirm the Number Before You Confirm Anything Else --- Here's Exactly Why. The problem There's a category of Lagos JV opportunity that looks closeable on paper --- approval secured, piling done, title clean --- right up until the numbers on the listing itself don't add up, and a buyer has to decide whether that's a typo or a real problem. This is one of those listings, and we're not going to pretend otherwise. The land value is stated at ₦4,500,000 per sqm across 3,932sqm --- which mathematically works out to roughly ₦17,694,000,000 --- while the price NPC displays at the top of the listing is ₦8,046,000,000. Those two numbers cannot both be the total land value. One of them is wrong, outdated, or refers to something the listing doesn't explain --- possibly a partial equity stake rather than full land value, possibly a stale figure from a previous version of the listing. Everything else about the opportunity is genuinely strong: Lagos State C of O, planning approval already secured for a 17-floor block of flats, piling already completed, no premium stated, survey available. But a serious equity investor doesn't proceed on a headline number that doesn't reconcile with the listing's own per-sqm math. The agitation Here's why this matters more than it might seem, and what a genuine equity partner should do before wiring anything. This is structured as an equity-based JV, not a straightforward land purchase. That means the investor's ownership stake is calculated as Investor Contribution ÷ Total Project Cost --- a formula where the accuracy of every input figure, starting with the land value, directly determines what percentage of the completed development the investor actually owns. If the land value figure feeding that calculation is unclear or inconsistent, the resulting equity percentage is unclear too. For comparable context: a separate 2,800sqm Ikoyi land JV is listed at ₦12,600,000,000 --- approximately ₦4,500,000/sqm, consistent with the stated rate on this listing. If this parcel genuinely carries the same ₦4,500,000/sqm land value across 3,932sqm, the real land value figure should sit closer to ₦17.7B, not the ₦8,046,000,000 headline shown. That gap is too large to be a rounding issue --- it needs a direct answer from the agent before an investor models their equity contribution against it. The solution 3,932 square metres, Glover Road, Ikoyi. Lagos State Certificate of Occupancy. Planning approved for a 17-floor block of luxury flats. Piling completed. Survey available. No premium stated. Equity-based JV structure. Here is what's verified and what needs confirming before proceeding: Verified: Planning approval. The 17-floor development has already cleared Lagos State's planning approval process --- typically the longest, most unpredictable phase of a high-rise JV. Verified: Piling completed. The geotechnical foundation work has already been done against this site's actual soil conditions --- a real, de-risked head start on construction. Verified: Lagos State C of O. A recognized title instrument, ready for solicitor review. Needs confirmation: total land value. Before contributing equity, request the agent's clarification, in writing, on whether the total land value is ₦8,046,000,000, approximately ₦17,694,000,000, or a different figure entirely --- and how that figure feeds into the Investor Contribution ÷ Total Project Cost equity formula. Needs confirmation: full project cost basis. An equity JV's real value to an investor depends on the total development cost, not just the land value --- construction budget, timeline, and projected exit value all belong in the same conversation as the land figure. Why this beats going in without asking. A developer or investor who proceeds on the unclarified headline number risks either overpaying for equity or misunderstanding their actual ownership stake once the real land value is confirmed. Asking the question upfront costs nothing and protects the entire equity calculation downstream. The call to action 3,932sqm. Glover Road, Ikoyi. 17-floor approval. Piling completed. C of O. Equity JV --- land value and total price require direct confirmation before proceeding. Call or WhatsApp Smilebay Realties: +234 901 517 4801 and ask specifically: what is the confirmed total land value, and how does it feed the equity contribution formula? Serious equity partners only. Survey and title documentation available for review --- request written clarification on the price discrepancy before any contribution is discussed. The approval is already granted. The piling is already done. The one number that isn't yet settled is the one every equity share in this deal depends on. Land Type: Mixed-use Land --- Equity Joint Venture Size: 3,932 sqm Stated Land Value Rate: ₦4,500,000/sqm (implies ≈₦17,694,000,000 --- does not reconcile with headline price) Headline Listed Price: ₦8,046,000,000 (discrepancy flagged --- confirm with agent) Premium: Nil (stated) Title: Lagos State Certificate of Occupancy Planning Approval: Approved --- 17 floors Current Status: Piling completed Survey: Available Preferred Contractors: Grade a --- itb, Hightech, Kappa & D'Alberto, Eko Development Contractors, etc. Equity Structure: Investor Contribution ÷ Total Project Cost = Investor Equity Share Agency Fee: 10% Location: Glover Road, Ikoyi, Lagos NPC Comparable Context: 2,800sqm, Ikoyi, C of O --- ₦12,600,000,000 (≈₦4,500,000/sqm) This listing: 3,932sqm, Glover Road, Ikoyi --- Headline price ₦8,046,000,000 (per-sqm rate stated separately as ₦4,500,000/sqm --- reconcile before proceeding) Posted: 7 August 2026 Listed by: Smilebay Realties Limited --- Ref: #360-988-2
Glover Road, Ikoyi, Lagos
Smilebay Realties Limited
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₦11,900,000,000
Mixed-use land joint venture
Prime 7000 SQM Land
Joint venture & outright sale prime 7000 SQM joint venture alagbon, southwest ikoyi Location: Alagbon, Ikoyi Road, Southwest Ikoyi, Lagos Development Partnership Summary: Land Size: 7,000+ SQM Land Value: ₦1,700,000 per SQM Total Land Value: ₦11,900,000,000+ Facilitator's Fee: 10% (₦1,190,000,000+) Status: Land with Existing Structures Access: Direct Main Road Frontage with Excellent Visibility Development Potential: 🪙Outright Purchase of Selected Portions 🪙Joint Venture Development on Remaining Portions 🪙Luxury Residential Block of Flats 🪙Commercial Office Development 🪙Retail & Mixed-Use Commercial Development 🪙Excellent Main Road Visibility 🪙High Traffic Commercial Corridor 🪙Strong Capital Appreciation Potential Investment Options: Option 1 -- Outright Sale Owner is willing to sell selected portions of the property. Option 2 -- Joint Venture Owner is open to partnering with reputable developers. JV Structure, Equity Split & Premium: To Be Determined upon submission of a formal development proposal. Location Advantage: 🪙Prime Ikoyi Road Frontage 🪙Minutes from Falomo Bridge 🪙Close to Bourdillon Road 🪙Easy Access to Alfred Rewane Road 🪙Short Drive to Banana Island 🪙Quick Access to Victoria Island CBD Requirements to Proceed: Letter of Intent Company Profile Agency Letter Development Proposal Survey plans are released upon receipt of the Letter of Intent and Company Profile. Inspection: Strictly by Appointment Ref:00207 For Private Viewing & Confidential Acquisition Enquiries: Knight Angels Realties Limited
Alagbon,, Ikoyi, Lagos
Knight Angels Realties LTD
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₦4,500,000
Mixed-use land joint venture
Joint Venture Opportunity on Milverton Road, Ikoyi
Joint venture opportunity -- milverton road, ikoyi Location: Milverton Road, Ikoyi, Lagos Land Details: - 2 Plots of Land (A & B) - Plot a: 2,340.32 sqm - Plot B: 2,298.20 sqm Land Value: N4,500,000 per sqm Title: Lagos State C of O Premium: Nil Survey: Available upon submission of company profile mou: Available if required Owner's Development Preference: - Single Tower or Twin Tower Development - Minimum of 11 Floors and above - Preferred contractor to handle construction must be verified and experienced a rare Joint Venture opportunity in one of Ikoyi's most prestigious locations, suitable for a high-end luxury development. Interested developers/investors are welcome to engage.
Milverton Road, Ikoyi,, Old Ikoyi, Ikoyi, Lagos
4638 sqm
R.W Properties & Consultant LTD
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₦4,500,000
Mixed-use land joint venture
Joint Venture on 4638 SQM
Joint venture opportunity -- milverton road, ikoyi Location: Milverton Road, Ikoyi, Lagos Land Details: - 2 Plots of Land (A & B) - Plot a: 2,340.32 sqm - Plot B: 2,298.20 sqm Land Value: N4,500,000 per sqm Title: Lagos State C of O Premium: Nil Survey: Available upon submission of company profile mou: Available if required Owner's Development Preference: - Single Tower or Twin Tower Development - Minimum of 11 Floors and above - Preferred contractor to handle construction must be verified and experienced a rare Joint Venture opportunity in one of Ikoyi's most prestigious locations, suitable for a high-end luxury development. Interested developers/investors are welcome to engage. Vol 23 23
Milverton Road, Ikoyi, Lagos, Ikoyi, Lagos
4638 sqm
Crestforesight Homes & Properties LTD
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₦4,500,000
Mixed-use land joint venture
2340 SQMS Mixed Use Land
Joint venture] Prime 2,340 SQM High-Density JV Plot -- Milverton Road, Ikoyi Property Overview An exceptional high-density Joint Venture opportunity situated on prestigious Milverton Road, Ikoyi. This prime parcel offers maximum floor-area potential for developers seeking to construct a landmark high-rise residential or multi-use tower in one of Africa's premier real estate corridors. Transaction Type: Joint Venture (JV) Location: Milverton Road, Ikoyi, Lagos Plot Size: 2,340.32 SQM Land Value: ₦4,500,000 per SQM Title: Lagos State Certificate of Occupancy (C of O) Premium: Nil Survey Plan: Available upon verified submission of corporate profile
Milverton Road, Ikoyi, Lagos
Smilebay Realties Limited
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₦5,000,000,000
Mixed-use land joint venture
511.66 Acres Waterfront Reclamation Project
511.66 Acres Waterfront Reclamation Project This is a rare opportunity for experienced investors and reclamation developers to partner on one of Lagos' most significant waterfront projects. Key Highlights: Location: Banana Island Estate, Ikoyi, Lagos Land Size: 511.66 Acres (Reclaimable) Title: Survey & Registered Supreme Court Judgment Premium: ₦5 Billion JV Structure: Sharing Formula -- To Be Agreed Facilitators' Fee: ₦2 Billion + 10% land allocation (or monetised equivalent) Water Access: Accessible via the Marina Waterway Investor Responsibilities: - Perfect the property's title. - Obtain all required reclamation approvals and permits from the relevant government agencies. Transaction Process: - Letter of Intent (LOI) - Company Profile - Fee Protection Agreement (FPA) - Bank Comfort Letter
Banana Island, Ikoyi, Lagos
Jonela Concept
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₦15,728,000,000
Mixed-use land joint venture
3, 932 SQMS Mixed Use Land
Glover Road, Ikoyi. 3,932 SQM. Joint Venture. Planning Approved. Piling Already Completed. ₦4,000,000/SQM. No Premium. This Is Not Raw Land. This Is a Site That Has Already Cleared the Slowest Part of the Process. The problem There is a category of Lagos high-rise development conversation that most JV listings never actually reach --- the stage where planning approval is secured and the foundation work has already started. Most JV land offered to developers in Ikoyi is still theoretical. Survey pending. Approval pending. Premium undisclosed until a contractor has already spent weeks in negotiation. The genuine bottleneck for a high-rise contractor isn't finding land in Ikoyi --- it's finding land where the 12-to-18-month approval cycle has already been absorbed by someone else, and where the ground has already been tested and piled. This listing is that site. 3,932sqm on Glover Road, Ikoyi. Lagos C of O. Planning already approved for a 17-floor block of flats. Piling already completed. No premium attached to the land value. The question for a serious high-rise contractor isn't whether Ikoyi land is worth developing. It's whether this specific site --- already de-risked at the two stages that kill most JV timelines --- is worth committing to before another contractor closes it. The agitation Here is what the comparable market shows right now. A near-identical 3,900sqm parcel elsewhere in Ikoyi, also carrying an approved 17-storey high-rise development, is currently listed at ₦15,600,000,000 --- effectively the same size, the same approval status, priced at roughly ₦4M/sqm once premium and terms are factored in. A separate comparable, also close to 3,932sqm in a high-profile Ikoyi location, has been marketed as "closeable" at ₦15,728,000,000. This listing --- 3,932sqm at ₦4,000,000/sqm, no premium --- works out to approximately ₦15,728,000,000 in total land value, placing it directly inside the range both comparables above are asking for. The difference is what this listing has that a purely land-value comparison doesn't show: piling is already completed. On a 17-floor high-rise, piling is not a minor milestone --- it's the geotechnical and structural foundation work that typically consumes months of a project timeline and carries real risk if soil conditions turn out to be difficult. That risk has already been absorbed here. Every month a qualified high-rise contractor spends evaluating a still-theoretical JV elsewhere in Ikoyi is a month this site's timeline advantage compounds. Approval delays are the single most common reason Lagos high-rise JVs stall before a foundation is even poured. This one has already cleared that stage. The solution 3,932 square metres, mixed-use land, Glover Road, Ikoyi. Lagos State Certificate of Occupancy. ₦4,000,000 per sqm, no premium. Planning approved for a 17-floor block of flats. Piling completed. Survey available. Here is what each element actually delivers to the contractor evaluating this deal: Planning approval already secured. The single longest and most unpredictable phase of a Lagos high-rise JV --- Lagos State Physical Planning Permit approval for a 17-floor structure --- has already been obtained. A contractor stepping into this deal is not waiting 12-18 months before construction can legally begin. They are stepping in at the construction phase. Piling already completed. The geotechnical risk on a 17-floor structure is real and expensive to get wrong. Piling completion means the foundation engineering has already been tested against the actual soil conditions on this specific site --- not modeled from a neighbouring parcel's data. This removes a major source of budget and timeline uncertainty before the JV contract is even signed. No premium. The land value is the land value --- ₦4,000,000/sqm, disclosed upfront. No separate negotiation over a premium figure layered on top after due diligence has already consumed time and cost. Glover Road, Ikoyi. A residential and mixed-use street inside the same Ikoyi core that includes Bourdillon, Alexander, and Awolowo Road --- established infrastructure, established demand, not a developing axis with unproven absorption. Lagos State C of O, survey available. Title documentation ready for immediate solicitor review --- a straightforward due diligence process rather than a title chain requiring reconstruction. Why this beats the alternative JV sites currently on the market. The two closest comparable parcels --- both around 3,900sqm with a 17-storey approval --- are asking a similar or higher total land value without disclosing whether piling has been completed. A contractor evaluating those sites is still pricing in the foundation-stage risk this listing has already removed. At the same approximate land value, this is the site with less remaining execution risk. The call to action 3,932sqm. Glover Road, Ikoyi. ₦4,000,000/sqm. No premium. Approved 17-floor block of flats. Piling completed. This is not an offer for a corporate professional looking to buy a home. This is a JV slot for a high-rise contractor or developer with proven capacity to take a piled, approved site to completion. Call or WhatsApp Smilebay Realties: +234 901 517 4801. Serious high-rise contractors only. Survey and approval documentation available for immediate review. The approval is already granted. The piling is already done. The part of this project that usually takes a year has already happened. Land Type: Mixed-use Land --- Joint Venture Size: 3,932 sqm Land Value: ₦4,000,000/sqm (estimated market rate) Premium: Nil Title: Lagos State Certificate of Occupancy (C of O) Survey: Available Owner's Development Preference: 17-floor block of flats Planning Approval: Approved Current Status: Piling completed Contractors Preferred: Experienced high-rise contractors Agency Fee: 10% Location: Glover Road, Ikoyi, Lagos NPC Comparable Context: 3,900sqm parcel, Ikoyi, approved 17-storey high-rise --- ₦15,600,000,000 Closeable ~3,932sqm parcel, high-profile Ikoyi location --- ₦15,728,000,000 This listing: 3,932sqm, Glover Road, Ikoyi, approved + piled --- approx. ₦15,728,000,000 (₦4,000,000/sqm, no premium) Posted: 25 July 2026 Listed by: Smilebay Realties Limited --- Ref: #358-895-3
Glover Road Ikoyi, Ikoyi, Lagos
Smilebay Realties Limited
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₦4,200,000
Mixed-use land joint venture
Well Positioned Property in a Prime Location
Joint Venture: Glover Road, Ikoyi Land size: 1932sqm(there is a structure on the property) Title: Fed C of O Land Value: ₦4.2m / m² Terms: - Proven track record of building higher floors in Ikoyi or Victoria Island - Sharing 45:55 in favor of the developer - - Proposal : Apartments / Maisonettes / Penthouse - - Brokers' Fee: 10% of the land value Please share the developer's profile.
Glover Road, Old Ikoyi, Ikoyi, Lagos
1932 sqm
Deherculean Enterprises
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₦7,500,000
Mixed-use land joint venture
Land Measuring 1, 500.23 SQM
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% 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 engagements only. awdsheb
Banana Island, Ikoyi, Lagos
1500 sqm
Awodd Properties LTD
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₦16,800,000,000
Mixed-use land joint venture
Open Proposal Joint Venture Available with C of O at Bourdillon
Joint venture, ikoyi Location: Bourdillon Road, Ikoyi Land Size: 4,417.598sqm Land Value: ₦3.8m/sqm Land Title: Fed C of O Proposal: Open Sharing Formula: To be discussed Premium: 1.1B Facilitator's Fee : 10% of the land value. Elim/Alfred terms & conditions for joint venture partnership at NO 50 bourdillon road, ikoyi, lagos. Prospective partner: A proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments. Plot size: 4417m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 50 units *30 units of 4 bedroom apartment *16 units of 5-bedroom apartments *4 units of 5 bedroom penthouse Height: 28 floors or more permissible by lasg building authorities but without crowding... Architects: Paradigm/Rumis. (Developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.) Construction firm: Elalan, Cappa & D'Alberto, etc. In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred contractors. Sharing formula: Developer 64%Landowner 36% Premium: N1.3B net Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents: landowners will provide detailed finishing documents to be applied to their units & common areas if finishing documents by the JV partner is not mutually agreed upon. Facilitators' fee: 10% of land value (neg.)
Bourdillon Road, Ikoyi, Lagos
4417 sqm
Temosh Global Properties LTD
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₦5,000,000,000
Mixed-use land joint venture
Reclamation Project: 511 Acres
Reclamation project at the following areas: Banana Island; 511 Acres Ikoyi-Itedo; 531 Acres Eleko; 7000 Acres Victoria Garden City; 3000 Acres Title Document: Supreme Court judgement (1914). *Bio/Roof WhatsApp number Vol 19 29
Banana Island, Ikoyi, Lagos
Crestforesight Homes & Properties LTD
Featured
₦2,630,000,000
Mixed-use land joint venture
1, 644SQM Land
Rare Ikoyi JV -- Osborne Phase 2 Federal C of O Prime 1,644sqm in one of Lagos' most exclusive estates. Demolishables on site. Build luxury flats for high-net-worth buyers. Numbers Value: ₦2.63B @ ₦1.6M/sqm Premium: ₦100M Fee: 10% Net JV terms: Open to qualified partners Why this moves fast - Location: Osborne Phase 2, Ikoyi -- proven capital appreciation - Title: Federal C of O. Clean, bankable, fast-track approvals - Demand: Luxury flats in Ikoyi sell out pre-completion For Developers Only Proven track record required. Submit loi, company profile, fee letter, and proposal. Owner meets immediately with qualified teams. If you don't have the capacity, don't waste both our time.
Osborne Phase 2, Osborne, Ikoyi, Lagos
1644 sqm
5050properties
Featured
₦20,000,000,000
Mixed-use land joint venture
A Closable Joint Venture Located in a Strategic Area with C of O.
️ 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$$
Off Alexander Road, Old Ikoyi, Ikoyi, Lagos
4800 sqm
Temosh Global Properties LTD
₦17,668,000,000
Mixed-use land joint venture
4417 SQM Land
JV land fronting bourdillon road ikoýi 4417 SQM JV land on bourdillon road ikoyi Proposal: 20 - 25 Floors high rise apartments Value: N4million per SQM Premium N1 billion Agency fee: 10% Condition for this JV is that the co-investor must engaged the service of either elalan, G. Cappa, amasor etc., For the Construction.
Bourdillon Road, Ikoyi, Lagos
4417 sqm
Casalux Global Limited
Showing 1–20 of 34 properties
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Area Guide
About Ikoyi, Lagos
By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.
Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.
Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.
