Joint Venture: Unlock N25b+ Development Of 250000sqm Of Prime Land, Opposite Crown Estate, Sangotedo, Ajah, Lagos (Ref: 3223731)

Unlock N25b+ Development Of 250000sqm Of Prime Land

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Property Description

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 Details

Property Ref: 3223731Last Updated: 26 Nov 2025Market Status: Available
Type: Residential LandTotal Area: 250,000 sqm   

Interesting Facts

Sangotedo boasts a captivating history intertwined with Nigeria's past, a thriving real estate market, and strategic access to key transportation routes, making it a unique and promising location.

Leisure and Shopping

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.

Popular Estates

Sangotedo boasts a diverse selection of well-known estates, each presenting distinctive attributes, safety measures, and lifestyle choices. Included among these are Westpoint Estate, Diamond Estate, Fountain Springville Estate, Pearl Gardens, Happy Land Estate, COOP LEGACY Estate, Royal Palm Villa Sangotedo, Woodlands Park Estate, and numerous additional esteemed residential communities in the area.

Day Life

Sangotedo provides a rich array of daytime activities, including options for dining, family-friendly amusement parks, sports facilities, restaurants, and access to quality education. Some of the enticing destinations to explore in Sangotedo encompass Giwa Gardens, Lufasi Nature Park, Tiger Active Sports Complex, Funworld, H & Y Restaurant And Cafe, and Planet Restaurant, among many others.

Night Life

Sangotedo awakens with vibrant energy as the night falls, offering a dynamic nightlife scene filled with nightclubs, karaoke spots, international dining, and the serene allure of Sangotedo Beach. Among the plethora of options, you can discover memorable nighttime experiences at venues like O'bar Lounge, Nucleus Bar & Lounge, Lounge 107, O.richy Restaurant And Lounge, WoodHouse Beers n' Grills, 1401 Lounge, and The Chess Bar & Lounge. These establishments promise an unforgettable evening after a long day.

Schools

Sangotedo boasts a diverse array of esteemed educational institutions, all dedicated to providing top-notch learning experiences and equipping students for a promising future. Among these prestigious schools are Crown Crest School, Kayron International School, Splendid Steps School, Glybridge Schools, Debiruss College, Progresso School, The White Dove Schools, and numerous others.

Read the full area guide for Sangotedo, Ajah, Lagos.

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