Joint Venture Opportunity Admiralty Waterfront, Lekki Phase 1Lagos Nigeria.
A rare institutional development opportunity in one of Lagos' most prestigious waterfront locations.
Location: Admiralty Way & Waterfront, Lekki Phase 1, Lagos.
Land Size: 1,300 SQM
Title: Federal & State Certificate of Occupancy (Bankable Title)Development .
Potential:
Proposed 10-Storey Luxury Residential DevelopmentJV Structure: 50:50 Joint Venture with Landowner
Investment Highlights
Land Value: ₦4 Billion
Landowner Premium: ₦500 Million
Facilitator Fee: ₦400 Million
Prime dual frontage along Admiralty Way and the waterfront
Prestigious address with strong demand for luxury residential developments
Clean, bankable title suitable for institutional financing
This asset presents an exceptional opportunity for experienced developers seeking a landmark luxury residential project in Lekki Phase 1.
Its prime waterfront location, dual frontage, and flexible 50:50 joint venture structure offer strong potential for premium pricing and attractive development returns.
Developer Qualification
To arrange a site inspection and meeting with the landowner, interested developers should provide:
Company profile highlighting completed projects
Letter of Intent (LOI) or development proposal outlining the proposed scheme, commitment to the ₦500 Million premium, and projected returns
Company letter on official letterhead confirming commitment to the agreed facilitator fee
Proof of Funds (POF) or evidence of financing capacity
Serious institutional developers and investment partners are invited to engage.
Contact
N.e.w.s Realty Limited
[email protected]
+234 803 811 1032
+234 813 714 3886
