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JOINT VENTURE, IKOYI*
SPEAKING TO MANDATE
Location---Bourdillon Road, Ikoyi
Land Size-4,417sqm
Land Value-#4.5m/sqm
Land Title---Fed C of O
Sharing Formula---64% for Developer & 36% for property owner
Premium: #1.3b net
Proposal---28 floor highrise comprising of 50 units :
*30 units of 4 bedroom apartments
*16 units of 5 bedroom apartments
*4 units of 5 bedroom penthouses
Facilitator's Fee : 10% of the land value.(negotiable)
Construction company to be used for the construction:
* EL-ALAN CONSTRUCTION COMPANY LTD
OR
*CAPPA & D'ALBERTO PLC
JOINT VENTURE, IKOYI
Location---Bourdillon Road, Ikoyi.
Land Size---2,281sqm
Land Value:---#4.5m/sqm
Land Title---Fed C of O
Proposal---19 floors : 34 units comprising of 32 units of 4 bedroom apartments & 2 units of 5 bedroom penthouses
Sharing Formula:developer-60% land owner---40%
Premium: #1.1b Net
Facilitator's Fee : 10% of the land value
Construction Company to be used for the construction:
*EL-ALAN CONSTRUCTION COMPANY LTD
OR
*CAPPA & D'ALBERTO PLC
| Property Ref: 3333204 | Last Updated: 09 May 2026 | Market Status: Available |
| Type: Residential Land | Total Area: 44,172 sqm |
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?
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.
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.
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.
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.
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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