A Prime 1,950 SQM Development Land

Exclusively for direct clients only Prime Residential Development JV ikeja GRA, lagos An exceptional Joint Venture (JV) development opportunity in the prestigious Ikeja Government Reserved Area (GRA), offering prospective developers the opportunity to deliver a premium multi-unit residential project in one of Lagos' established residential neighbourhoods. Property Details

• Location: Ikeja GRA, Lagos
• Land Size: Approximately 1,950 sqm
• Landmark: Police Officers' Mess
• Title: Federal Certificate of Occupancy (C of O)

Financial summary

• Indicative Land Value: ₦5,850,000,000
• Equivalent Land Value: ₦3,000,000/sqm
• Premium: Subject to negotiation
• JV Sharing Formula: Negotiable
• Final Commercial Terms: Subject to mutual agreement
• Facilitator Fee: 10% (Developer Pays)

Proposed Development Scheme

• Approximately 70 residential apartments
• Maximum proposed building height of 7 floors
• Potential for a premium multi-storey residential development
• Final apartment configuration subject to architectural design
• Development density and building height subject to statutory planning approvals
• Final scheme subject to feasibility studies and applicable regulatory requirements

Property Highlights

• Prime Ikeja GRA residential address
• Established high-value neighbourhood
• Strategic proximity to Police Officers' Mess
• Federal C of O
• Potential for high-density residential development
• Suitable for experienced residential developers
• Opportunity for a structured landowner-developer partnership

Proposed JV structure The landowner is open to negotiating a mutually beneficial Joint Venture arrangement with a financially capable and technically competent development partner. The final sharing formula, development obligations, financial contributions, project timelines and commercial considerations will be determined through negotiations, subject to feasibility, due diligence and mutually agreed contractual terms. Ideal for Established property developers, institutional real estate investors and development companies seeking a prime residential development opportunity within Ikeja GRA. JV participation requirements Interested developers are required to submit a formal Letter of Intent (LOI), company profile and evidence of financial and technical capacity before detailed commercial discussions and property inspection. Viewing: Strictly by prior appointment. Property Reference: To Be Assigned For Private Viewing & Confidential Acquisition Enquiries: Knight Angels Realties Limited +234 703 845 1502 +234 815 191 7169 Important notice This opportunity is strictly reserved for serious, financially capable direct developers and development partners. All proposed development parameters, JV terms and commercial considerations remain subject to verification, negotiation and relevant statutory approvals.