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Flagship 20,000 SQM dual-road waterfront JV lekki phase 1 ext ₦30B value ₦3B facilitation fee 60:40 split ₦900M premium prime water frontage on new dual carriageway linking lekki foreshore to phase 1 certified survey high-end mixed-use zone
Rare 20,000 sqm waterfront parcel for Joint Venture off Ladipo Latinwo Crescent, Lekki Phase 1 Extension. Sits directly on the new dual carriageway connecting Lekki Foreshore Estate to Lekki Phase 1. Certified survey available.
Key facts
- JV Land Size: 20,000 sqm Landowner holds 30,000 sqm total
- Location: Off Ladipo Latinwo Crescent, Lekki Phase 1
Extension. Direct frontage on dual road from Lekki Foreshore Estate
- Land Type: Premium waterfront. Part requires sandfilling
- Land Value: ₦1,500,000 per sqm = ₦30,000,000,000
- Entry Premium: ₦900,000,000 non-refundable
- JV Structure: 60:40 Developer 60%, Landowner 40%
- Facilitation Fee: 10% non-negotiable = ₦3,000,000,000
- Documentation: Certified survey plan. Clean and ready for due diligence
WHY this is a landmark deal
- Strategic Corridor: New dual carriageway is the primary link between Lekki Foreshore and Phase 1. Maximum visibility, future traffic guaranteed
- Waterfront Advantage: Direct water access unlocks luxury residential, hospitality, marina, or mixed-use concepts with premium pricing
- Massive Scale: 20,000 sqm allows for master-planned estate, phased high-rise, or luxury villa community
- De-risked Entry: Certified survey in place. Road infrastructure delivered. Only developer with capacity should apply
Note: Portion requires sandfilling. Include cost and timeline in your feasibility.
Qualification
Serious developers with waterfront project capacity only. Submit: Company profile, loi, Agency letter, pof.
Inspection & survey review
Property details
Reference ID#355-346-1
Listed byKnight Angels Realties LTD
Property typeMixed-use Land
Listing statusMixed-use land joint venture
Plot size20,000 m²
Area guide — Lekki
Lagos
Interesting Facts
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Leisure and Shopping
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Popular Estates
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Day Life
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Night Life
Ebony Lounge, Jesse Lounge, Club Mirage, Novato Night Club, and Elysium Night Club are all great places to hang out. You can also party at any of these beach clubs: Mood Beach Club, Wave Beach Club, and Moist Beach Club.
Schools
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
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