1,630sqm Available For Jv
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Property Description
FOR SALE / JOINT VENTURE OPPORTUNITY
Location: Omole Phase 1, Lagos
Land Size: 2 Plots (1,630sqm)
Title: Certificate of Occupancy (C of O)
Outright Sale: ₦420 Million
Joint Venture (JV): Open to Proposals
Sharing Ratio: 40% (Landowner) -- 60% (Developer)
Developer's Premium: ₦15 Million
Facilitator Fee: 10% (payable upon signing the J.V.A.)
️ Note: Semi Semi
Property Details
| Property Ref: 3143937 | Last Updated: 12 Oct 2025 | Market Status: Available |
| Type: Residential Land | Total Area: 1,630 sqm | Covered Area: 1,630 sqm |
Interesting Facts
Omole Phase 1, one of Lagos's oldest and most well-known residential estates, provides estate shuttles, proper security, good roads, clean streets and drainages, dependable power supply, and powered street lights. It is not surprising that Psquare purchased a 300 million naira villa there.
Leisure and Shopping
In Omole phase 1, there are no open-air markets, but there are several indoor shopping options. Residents can shop at Old English Superstore, Riggs Plaza, Choice House, Mag Diva Boutique, Hair & Beauty Store, and other locations.
Popular Estates
Omole phase 1 is a single estate with no sub-estates. To aid identification, the estate is divided into three zones: Tioluwani's law zone, Apple zone, and Diary zone.
Day Life
Omole Phase 1 has a few interesting areas, but there are more exciting places nearby. Some notable locations include Maden Place, Sweet Sensation, Johnson Jakande Tinubu Park, and Kanu Ndubuisi.
Schools
Omole Phase 1 residents receive excellent education. Popular schools in the area include Gem Private School, Cute Twinkles School, Mind Builders School, and others.
Read the full area guide for Omole Phase 1, Ikeja, Lagos.
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