Joint Venture: Superb 1296sqm Of Strategic Premium Land Seeking Partnership, Palm City- Captains Court, Lekki, Lagos (Ref: 3231188)

Superb 1296sqm Of Strategic Premium Land Seeking Partnership

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Property Description

JOINT VENTURE - 100% CLOSABLE IN 3 DAYS FLAT
DIRECT DEVELOPER COMMUNICATION- NO AGENTS
Size:1,296 sqm at
Location: Lekki Palm City, Ajah
Land Vauation: N360m
Premium: Nil
Facilitation: 10% Land Value
Sharing formula: 50:50
Title: Governor's Consent

Quick Snapshot
Opportunity: Joint Venture --- landowner seeking developer partner
Size: 1,296 sqm
Location: Lekki Palm City, Ajah --- prime, fast‑growing estate with strong developer activity and high‑quality residential build‑up
Title: Governor's Consent (clean and transferable)
Valuation: ₦360,000,000
Proposed Development: 4 x fully detached luxury residences
Equity Split: 50/50 Landowner : Developer
Facilitator's Fee: 10% (payable on successful close)
Closing: 100% closable --- target completion of JV execution within 3 days

Why This Deal Is Irresistible
Rapid close: All documentation is ready for immediate review and execution --- this JV can be legally agreed and mobilized in as little as 72 hours, enabling developers to start value creation almost immediately

- Strong, clean title: Governor's Consent provides credible, market‑accepted security for lenders and partners --- minimal title risk and quick transfer/registration processes.

- Prime estate dynamics: Lekki Palm City is experiencing a visible, high‑quality build‑up --- developers are erecting superb detached properties and estate amenities, creating strong demand, premium pricing, and excellent resale/rental prospects.

Compact, high‑value parcel: 1,296 sqm is ideal for four luxury detached homes --- efficient site use, high per‑unit value, and strong margins in the Ajah/Lekki corridor.
True JV upside: 50/50 equity split means the developer retains substantial returns while the landowner maintains long‑term upside; attractive for both build‑to‑sell and build‑to‑let strategies.

Suggested Quick JV Structure (Designed for 3‑Day Close)

Day 1 --- Submit LOI, Proof of Funding of financial capability, Engage facilitators letter bound by IMFPA

Day 2 --- Land inspection by developer then to the site office to sit face to face with landowner. Legal documentation due diligence check by developer finalize & sign JV Agreement and development timelines; agree on cost recovery mechanics and profit distribution; confirm mobilization plan with landowner

Day 3 --- Execution & mobilization: exchange original title documents i, developer mobilizes procurement and site set‑up; facilitator fee (10%) payable on successful completion of transaction as agreed.

Financial Snapshot (Indicative)
Land value: ₦360M
Units: 4 detached residences --- high‑end positioning expected to command premium prices per unit in Lekki Palm City
Attractive per‑unit land cost and strong margin potential when combined with quality execution and premium positioning
Value Drivers
Immediate execution capability --- close now, build now.
Governor's Consent reduces gating issues with regulators and financiers.
High‑demand location with ongoing estate uplift and neighboring quality builds.
Flexible development model --- build‑to‑sell or build‑to‑let depending on developer strategy.

What We Need from the Developer
Proof of finance or funding plan
Track record / company profile and relevant project references
Agreement to 50/50 JV terms and facilitator fee structure
Readiness to mobilize within days of signing

Next Steps --- How to Close in 3 Days

1. Confirm interest and provide developer credentials.
2. Schedule same‑day site visit and document review.
3. Sign Heads of Terms and place agreed escrow/deposit.
4. Execute JV Agreement and exchange necessary documents.

Facilitator
Facilitator's Fee: 10% payable on successful closure of the JV.
Contact
Reply now or send your preferred contact details to receive full documentation, arrange an immediate site inspection, and lock in a 3‑day closing schedule. This opportunity is ready --- closable in a matter of days.
%victoria


Property Details

Property Ref: 3231188Last Updated: 01 Dec 2025Market Status: Available
Type: Residential LandTotal Area: 1,296 sqm   

Interesting Facts

Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.

Leisure and Shopping

Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.

Popular Estates

Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs. 

Day Life

Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.

Night Life

Ebony Lounge, Jesse Lounge, Club Mirage, Novato Night Club, and Elysium Night Club are all great places to hang out. You can also party at any of these beach clubs: Mood Beach Club, Wave Beach Club, and Moist Beach Club.

Schools

Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.

Read the full area guide for Lekki, Lagos.

Interested in this property?

Call 0902 XXXX Show Phone
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