Prime Residential Opportunity
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Property Description
* back to the market*
*prime residential joint venture (jv) opportunity off freedom way, lekki phase 1, lagos. *
*_semi brief:_*
*serious cash-ready developers only:* residential bare land available for a joint venture off freedom way, lekki phase 1. *property highlights:*
* land size:* 805. 469 sqm
* title document:* deed of assignment from elegushi family & survey (governor's consent in progress). * current land value:* ₦500 million
* jv proposal:* a block of 14 units of flats, preferably 2-bedroom units, with a 3-bedroom penthouse. Building can be up to four (4) floors
* sharing ratio:* 50:50 *non-negotiable*
*🪙 facilitators fee:* 10%
*formal inspection of this property listed above will be arranged strictly with the developer on-site, after following all necessary procedures. No documentation will be presented without the presence of the developer. *
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Property Details
| Property Ref: 2791743 | Last Updated: 28 Mar 2025 | Market Status: Available |
| Type: Mixed-use Land | Total Area: 805 sqm | Covered Area: 805 sqm |
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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Disclaimer
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31, Olorunlogbona Street, Lagos, Lagos State, Nigeria
0906 XXXX Show Phone
09065544257
Registered 1 year ago
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