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Land joint venture in Lekki, Lagos Mixed-use Land joint venture in Lekki, Lagos Land joint venture in Lekki Phase 1, Lekki, Lagos
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Mixed-use land joint venture

1, 314SQM JV Land

Taiye Olowu Street, Lekki Phase 1, Lekki, Lagos
₦2,628,000,000
#354-638-0 27 Jun
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Mixed-use Property type

About this property

*EXCLUSIVE JOINT VENTURE - TAIYE OLOWU STREET, OFF ADMIRALTY WAY, LEKKI PHASE 1: BUILD ON ADMIRALTY. PROFIT ON PRESTIGE. TOTAL VALUE ₦2.628B FACILITATOR FEE ₦262.8M NON-NEGOTIABLE NO PREMIUM ATTACHED*

*1,314sqm 50/50 SHARING DIRECT MANDATE ONLY*

A rare off-market JV on Taiye Olowu Street. Develop a luxury block of flats on premium land with direct access to Admiralty Way and Lekki Phase 1's elite demand.

- *Land Size*: 1,314sqm with existing structure
- *Land Value*: ₦2M/sqm *Total Value*: ₦2.628B
- *Owner's Brief*: Luxury block of flats
- *Sharing Ratio*: 50/50
- *Facilitator's Fee*: 10% *₦262.8M Non-Negotiable*

*MANDATE TERMS*
*Long chains will not be tolerated. Only direct mandate to the developer.*

*THE LOCATION*
*Street*: Taiye Olowu Street, off Admiralty Way
*Area*: Lekki Phase 1 -- Lagos' most sought-after residential corridor
*Advantage*: Prime address, high-yield tenancy, proven capital growth

Property details

Reference ID #354-638-0
Listed by 5050properties
Property type Mixed-use Land
Listing status Mixed-use land joint venture

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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