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GROUNDBREAKING JV OPPORTUNITY: 25 HECTARES PRIME LAND OPPOSITE CROWN ESTATE, SANGOTEDO
UNLOCK ₦27.5B+ DEVELOPMENT POTENTIAL - GOVT C of O SECURED - 2 UNITS/PLOT FLEXIBLE
CORE OFFERING
Landowner Partnership: Jointly develop 25 hectares (500 plots × 500sqm) in Sangotedo's golden corridor -- directly facing Crown Estate's luxury enclave.Your Role: Bring capital/expertise to build high-yield residential/commercial assets.
JV TERMS AT A GLANCE
ParameterDetailsLand Value₦55M/plot (Total Land Value: ₦27.5 Billion)TitleGovernment Allocation + C of O (Litigation-free, bankable)Development Density2 units/plot standard (Negotiable for mixed-use/towers)Profit SharingTBD -- Structured to favor active capital partners (e.g., 60:40 split)Facilitator Fee10% (Negotiable based on project scale) PROJECTED FINANCIAL UPSIDE
Conservative ROI Model (Based on Sangotedo 2024 Metrics):
- Per-Plot Investment: ₦55M (land) + ₦70M (construction) = ₦125M total
- Revenue/Plot: 2 units × ₦120M/unit = ₦240M
- Gross Profit/Plot: ₦115M (92% ROI)
- Total Project Profit: ₦57.5 Billion (500 plots)
Note: Crown Estate adjacency commands 30% premium valuations (Source: Knight Frank).
LOCATION SUPREMACY: OPPOSITE CROWN ESTATE
- Address: Sangotedo, Lagos (Lekki-Epe Expressway axis)
- Strategic Advantages:
- 5 mins to Pan-Atlantic University
- 8 mins to Novare Mall & Shoprite
- 15 mins to Awoyaya Industrial Hub
- Demand Drivers: Overflow demand from Crown Estate residents Dangote Refinery executive housing shortage Lagos' fastest land appreciation (35% YoY)
️ DEVELOPMENT FLEXIBILITY
Approved Options:
1. Luxury Mid-Rises: 8-floor residences (24 units/plot achievable)
2. Gated Community: Townhouses + amenities (clubhouse, pools)
3. Mixed-Use Hub: Retail podium + serviced apartments
4. Corporate Suites: Short-let apartments for refinery staff
Infrastructure Advantage:
- Existing road networks
- Easy drainage connectivity
- Grid power access
JV STRUCTURE & NEXT STEPS
Phase 1: Landowner Contribution
- Provides titled land (Govt Allocation + C of O)
- Handles statutory approvals (planning permits, EIA)
Phase 2: Capital Partner Commitment
- Funds construction/branding
- Manages sales/leasing
Process:
1. EOI Submission: Company profile + financial capacity
2. Term Sheet: Agree on profit share/facilitator fee
3. Feasibility Study: Jointly validate project scope
4. SPV Formation: Dedicated project vehicle
SEIZE THIS LEGACY DEAL!
For Developers/Institutions Only: Contact: [Your Name/Company] - [Phone] - [Email]Requirement: Proof of liquidity (₦5B+ minimum project capacity)
"This isn't just land---it's a generational wealth engine. Partner with us to dominate Sangotedo's elite corridor."
KEY JV INCENTIVES
- First-Mover Advantage: Only large parcel opposite Crown Estate
- Exit Flexibility: Sell developed units OR lease for cash flow
- Facilitator Fee Discount: Slashed to 7.5% for partners committing to 50+ plots
- Title Insurance: Provided at SPV formation
#daka
| Property Ref: 3223731 | Last Updated: 26 Nov 2025 | Market Status: Available |
| Type: Residential Land | Total Area: 250,000 sqm |
Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Complex, Olad Plaza, and many more enrich the leisure and shopping choices available in Sangotedo.
Read the full area guide for Sangotedo, Ajah, Lagos.
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