Land Measuring 1,101.47 Sqm
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Property Description
JOINT VENTURE (JV) DEVELOPMENT OPPORTUNITY
Location: Old Ikoyi, Lagos
1. PRIME PROPERTY DETAILS
Property 1:
Location: Maitama Sule Street, Off Awolowo Road, Ikoyi
Size: 1,101.47 sqm
Proximity: Approximately six plots away from Awolowo Road
Property 2 (Corner Piece):
Location: Ademola Street, Off Awolowo Road, Ikoyi
Size: 747.15 sqm
Feature: Corner piece (ideal for premium architectural design)
Proximity: Just one plot away from Awolowo Road
1. PROPERTY VALUATION
Property 1 Value: ₦3. 5Billion
Property 2 Value: ₦2.5 Billion
1. FLEXIBLE JV OPPORTUNITY
Investors/Developers have the flexibility to:
- Develop a single property, OR
- Take on both properties (subject to capacity and interest)
1. DEVELOPMENT PROPOSAL
High-Rise Luxury Residential Development
Suggested Features:
- Luxury 3--5 Bedroom Apartments
- Penthouses
- Underground / Multi-level Parking
- Swimming Pool
- Gym & Fitness Center
- Elevators
- Smart Home Features
- 24/7 Security & Concierge
- Recreational / Green Areas
1. JV STRUCTURE (PROPOSED)
Landowner Contribution: Land
Developer/Investor Contribution: Funding, design, approvals, and construction
Profit Sharing: Flexible and negotiable
1. INVESTMENT HIGHLIGHTS
- Prime Ikoyi location
- High demand for luxury apartments
- Strong rental yield potential
- Corner piece advantage (Property 2)
- Flexible development scope
1. TARGET OUTCOME
- Premium high-rise residential development
- Maximized investor returns
- Landmark project delivery
1. CALL FOR PARTNERSHIP
We welcome developers, investors, and construction firms for this opportunity.
FACILITATORS' FEE:10%
Pst soj
Property Details
| Property Ref: 3424198 | Last Updated: 08 Apr 2026 | Market Status: Available |
| Type: Residential Land | Total Area: 1,101 sqm | Covered Area: 747 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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