Prime 930SQM Corner-Piece Land

"An attractive Joint Venture (JV) development opportunity is available on a 930sqm corner-piece property in Millennium Estate, Lekki Phase 1. The property currently comprises an existing 5-bedroom detached house with a 2-room Boys' Quarters (BQ). The preferred arrangement is a redevelopment project, with the proposed development focused on terrace duplexes. With its corner-piece positioning and location within a sought-after residential neighbourhood, the property presents an opportunity for an experienced developer to undertake a strategic residential redevelopment. Property Details Land Size: 930sqm Property Type: Corner-piece land with existing structures Location: Millennium Estate, Lekki Phase 1, Lagos Title: Certificate of Occupancy (C of O) Existing Structure: 5-bedroom detached house Additional Accommodation: 2-room BQ Property Value: ₦2,000,000,000 (₦2 Billion) Proposed Development Redevelopment of the existing property Proposed construction of terrace duplexes Project design and specifications subject to mutual agreement and applicable planning approvals Joint Venture Terms Preferred JV Structure: Redevelopment Proposed Development: Terrace Duplexes Premium: To be structured to facilitate the relocation of the property owner Property Value: ₦2 Billion Investment Opportunity This opportunity is suited to established property developers seeking a corner-piece site in Lekki Phase 1 for a terrace housing project. The existing structures, location, and redevelopment preference provide a basis for negotiating a mutually beneficial partnership with the property owner. Note: The sharing formula, relocation premium amount, and other commercial terms are to be agreed upon by the parties." For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate