Mixed-use land joint venture
Mixed-use land joint venture
4, 600 SQM Prime Corridor Half Outright, Half JV for Luxury Flats
About this property
Unlock 4,600 sqm of high-value land on Ikota School Gate Tarred Road, just four plots off Lekki-Epe Expressway. This is direct access to Ajah, Sangotedo, and the new Lekki axis, sitting on a double tarred road with heavy traffic and rapid development.
Ikota School Gate is one of Eti-Osa's fastest-growing residential and rental corridors. Surrounded by schools, estates, and new commercial builds, this site puts you at the center of demand for luxury flats with strong occupancy rates.
*Key Details:*
- *Land Size:* 4,600 sqm. Survey shows 1,604.14 sqm + 3,085.40 sqm
- *Location:* Road 1, Ikota School Gate, Eti-Osa LGA
- *Title:* Governor's Consent, fully verifiable
- *Value:* ₦600,000 per sqm
- *Total Land Value:* ₦2.76 Billion
- *2,300 sqm Outright Sale* to a capable developer
- *2,300 sqm Joint Venture* for construction of luxury flats
- *Sharing Formula:* To be discussed with credible partner
- *Facilitator's Fee:* 10% of total land value = ₦276 Million, payable on successful close
Property details
Area guide — Lekki
Interesting Facts
Ikota's ability to welcome residents from both the upper and lower classes is one of its most intriguing features. This means that anyone can live in Ikota, regardless of socioeconomic status.
Leisure and Shopping
Ikota is a residential area with a variety of businesses, complexes, and shopping malls to meet the needs of its residents. Ikota Shopping Complex, Funderland Mall, Prolific Shoppers Supermarket, and Ebeano Supermarket a...
Popular Estates
Within Ikota, there are several magnificent estates to choose from. Lekki County Estate, Ikota Villa Estate, and Melrose Park Estate are a few examples.
Day Life
Visit The Place Restaurant, Mega Chicken, Paradise Spa, and Funderland to unwind. Popular nearby attractions include the Lekki Conservation Centre and Avista Beach.
Night Life
Visit Askamaya Nightclub, Gravity Nightclub, Club Mirage, Just Ask Club, Empire Lounge, or Heks Lounge to enjoy Ikota's nightlife.
Schools
You can rely on Ikota's excellent schools to provide your children and wards with the necessary education. Schools such as Master Moulders International Academy, St's Mary School, Jesilo High School, Sureville Montessori...
Read the full area guide for Lekki, Lagos
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