Well Positioned Plots In The Serene Location Of Ikoyi
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Property Description
JOINT VENTURE (JV) DEVELOPMENT OPPORTUNITY
Prime Luxury Residential Development -- Awolowo Road Corridor, Ikoyi, Lagos
OVERVIEW
A rare opportunity to participate in the development of two prime properties located within the prestigious Awolowo Road corridor, Ikoyi---one of Lagos' most sought-after luxury real estate destinations.
The offering is open to:
- Joint Venture Development
PROPERTY DETAILS
Location: Awolowo Road Corridor, Ikoyi
Size: Approx. 1,100 sqm
Title : C of O
Value: ₦4,000,000,000
Property 2 (Corner Piece):
PROPERTY DETAILS
- Location: Awolowo Road Corridor, Ikoyi
- Size: Approx. 1,100 sqm
- Proximity: Short walk from Awolowo Road
- Value: ₦4,000,000,000
DEVELOPMENT CONCEPT & FEATURES
- High-rise luxury residential development
- Luxury 3--5 bedroom apartments
- Exclusive penthouses
- Smart home integration
- Multi-level / underground parking
- Swimming pool
- Gym & wellness center
- High-speed elevators
- 24/7 security & concierge
- Landscaped recreational areas
DEVELOPMENT PARAMETERS / PLANNING GUIDELINES
(Indicative, subject to Lagos State approvals)
- Zoning: Residential (High Density)
- Building Height: High-rise permissible within Ikoyi planning framework
- Plot Utilization: Optimized for maximum yield
- Setbacks & Compliance: In line with regulatory standards
DEVELOPMENT
PROJECT TIMELINE (INDICATIVE)
- Design & Approvals: 4--6 months
- Construction: 18--24 months
- Completion: 24--36 months
KEY INVESTMENT HIGHLIGHTS
- Prime Ikoyi location within Awolowo Road corridor
- High demand for luxury apartments
- Strong rental yield & capital appreciation
JOINT VENTURE TERMS (SUMMARY)
- Land provided by owner
- Developer/Investor provides funding & execution
- Facilitator Fee: 8%
- Developer Premium: Applicable (negotiable)
- Profit-sharing structure: Flexible
EXPRESSION OF INTEREST (EOI)
Interested parties should submit:
- Development profile / capacity
- Preferred structure (JV Investment)
- Evidence of similar project experience
NEXT STEPS
- Submit Expression of Interest (EOI)
- Access due diligence documents
- Schedule site inspection
- Proceed to JV
NOTE
This is a high-value, time-sensitive opportunity in one of Lagos' most exclusive real estate corridors, suitable for serious developers, investors, and corporate entity
Property Details
| Property Ref: 3429100 | Last Updated: 10 Apr 2026 | Market Status: Available |
| Type: Residential Land | Total Area: 1,100 sqm |
Interesting Facts
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Leisure and Shopping
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
Popular Estates
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
Day Life
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Night Life
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Schools
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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Disclaimer
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