Land joint venture
Mixed-use land joint venture
2, 000 SQM JV Land
About this property
This is VI development at its cleanest. 2,000 SQM on Adeola Odeku, landlocked between TY Danjuma and Glo HQ. Zero premium. Zero red tape. Pure upside for the right developer.
*DEVELOPMENT PROPOSAL:*
- *Proposed Development:* 13 to 15 Storey Mixed-Use or Commercial Building
- *Land Size:* 2,000 SQM
- *Sharing Formula:* 60% Developer / 40% Landowner
- *Premium:* Nil. No premium required
- *Land Value:* ₦7 Billion
- *Facilitators:* 10%
Adeola Odeku delivers instant credibility, premium tenants, and unmatched rental velocity. Build a landmark, capture VI rental rates, and exit at top dollar. Land cost is already off the table, so your capital goes straight into vertical growth. This is fantastic ROI with zero entry premium.
If you build at scale in Lagos, this is the JV you take the meeting for.
Property details
Area guide — Victoria Island (VI)
Interesting Facts
You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.Victoria Island was once completely surrounded by water until the colonial government sand-fille...
Leisure and Shopping
Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosm...
Popular Estates
1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned...
Day Life
Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Is...
Night Life
In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.If you live in Lagos, you have probably heard of Club Quilox. This is on...
Schools
If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent...
Read the full area guide for Victoria Island (VI), Lagos
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