Nigeria Property Centre

Mixed-use land joint venture

Waterfront Land Alert - 20, 000 SQM

Lekki Phase 1, Lekki, Lagos
₦30,000,000,000
#351-662-0 27 Jun
WhatsApp
20,000 m² Plot size
Mixed-use Property type
30000 spaces Parking

About this property

*WATERFRONT JV ALERT -- LEKKI PHASE 1 EXTENSION 20,000 sqm Off Ladipo Latinwo > LEKKI PHASE 1 60:40 Split

Rare waterfront parcel on the new dual carriageway linking Lekki Foreshore to Lekki Phase 1. Certified survey available.

*Location:* Off Ladipo Latinwo Crescent, Lekki Phase 1 Extension. Directly on the dual road from Lekki Foreshore Estate
*JV Land Size Only :* 20,000 sqm [Owner holds 30,000 sqm total]
Type: Waterfront. Part requires sandfilling
*Land Value*: ₦1.5M/sqm = ₦30Billion for 20,000 sqm
*Entry Premium*: ₦900M non-refundable
*Sharing:* 60:40 [Developer 60%, Landowner 40%]
*Facilitation Fee:* 10%

*Why this is a play*:
- Location: On the dual road connecting Lekki Foreshore to Phase 1. High visibility and future traffic
- Waterfront: Direct access to water for premium residential, hospitality, or mixed-use
- Scale: 20,000 sqm allows for a master-planned estate or phased development
- Docs: Certified survey plan in place. Clean for
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Property details

Reference ID #351-662-0
Listed by Realtor
Property type Mixed-use Land
Listing status Mixed-use land joint venture
Parking spaces 30000
Plot size 20,000 m²

Area guide — Lekki

Lagos

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 o...

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 i...

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 alway...

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, Lagos

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