Residential land joint venture
Residential land joint venture
Prime 4,639 SQM Development Land
About this property
Exclusively for direct clients only Prime joint venture (JV) opportunity Milverton Road, Ikoyi, Lagos An exceptional Joint Venture opportunity involving two prime parcels of land in one of Ikoyi's most prestigious residential locations, ideal for a landmark luxury high-rise development. Land details & financial summary
- Location: Ikoyi, Lagos
- Plot a: Approximately 2,340 sqm
- Plot B: Approximately 2,298 sqm
- Combined Land Size: Approximately 4,639 sqm
- Land Value: ₦4,500,000/sqm
- Plot a Value: ₦10.53 Billion
- Plot B Value: ₦10.34 Billion
- Combined Land Value: ₦20.87 Billion
- Title: Lagos State Certificate of Occupancy (C of O)
- Premium: Nil
- JV Sharing Ratio: Subject to negotiation
- Facilitator Fee: 10% (Developer Pays)
Landowner's Development Preference
- Single-tower or twin-tower luxury development
- Minimum development height of 11 floors
- Premium residential high-rise concept
- Engagement of an established, technically competent and verifiable construction contractor
- Final development scheme subject to planning approvals and regulatory requirements
Property Highlights
- Prestigious Old Ikoyi residential address
- Two substantial land parcels offering development flexibility
- Suitable for landmark luxury residential towers
- Strong potential for premium residential development
- No upfront landowner premium
- Opportunity for a mutually negotiated JV structure
Documentation & engagement requirements
- Survey plans available upon submission of the developer's company profile
- Memorandum of Understanding (MOU) available where required
- Letter of Intent (LOI) and company profile required for formal engagement
- Developer's technical capacity, project portfolio and financial capability subject to verification
Ideal for: Established property developers, institutional investors and reputable construction companies seeking a strategic luxury residential development opportunity in Ikoyi. For Private Viewing & Confidential JV Acquisition Enquiries: Knight Angels Realties Limited +234 703 845 1502 +234 815 191 7169 Serious direct clients only
Property details
Area guide — Ikoyi
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 sop...
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 rec...
Read the full area guide for Ikoyi, Lagos
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Disclaimer
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