Residential land joint venture
Residential land joint venture
30 Hectares Waterfront Reclamation, Minimum of 5 Hactares.
About this property
For sale/jv: 30 Hectares ikate waterfront reclamation Lagos' next billion-dollar waterfront orange island -- lekki foreshore corridor Available for JV / Outright Acquisition Location: Ikate Waterfront, Lekki, Lagos -- Sharing boundaries with Orange Island and Lekki Phase 1 Foreshore. Prime reclamation corridor with direct lagoon frontage. Land size: 30 Hectares Total Area: 300,000 SQM (1 Hectare = 10,000 SQM) Minimum Allocation: 5 Hectares per Investor / Developer Pricing: Selling Price: ₦1.2 Million per SQM Total Land Value: 300,000 SQM x ₦1.2M = ₦360 Billion Premium: To be discussed in detail directly between the Developer/Investor and the Owner. Sharing formula: To be discussed in detail directly between the Developer/Investor and the Owner (Applicable for JV structure). Per hectare breakdown: 1 Hectare = 10,000 SQM x ₦1.2M = ₦12 Billion 5 Hectares = 50,000 SQM x ₦1.2M = ₦60 Billion _(Exclusive of Premium)_ Documents available: 1. Lagos State Waterfront Approval 2. Bathymetric & Hydrographic Survey Report 3. Sand Search Report 4. Environmental Impact Assessment (EIA) Report 5. Traffic Impact Assessment (TIA) Report 6. Drainage Clearance 7. Registered Survey Plan Title in view: Federal Certificate of Occupancy (C of O) & Governor's Consent (Under Process) Investor requirements: Verifiable Proof of Funds (POF) + Track Record of Similar Large-Scale Projects. Expression of Interest (EOI) required prior to inspection. Agency: 5% Facilitation Fee (Cash) + 10% Facilitation (Land) -- Payable by Investor/Developer. Protocol: Direct Investors/Developers Only. No brokers chain.
Property details
Area guide — Lekki
Interesting Facts
Because of its proximity to popular destinations and attractions in Lagos, Ikate is a very interesting neighbourhood. It is also a popular destination for celebrities and businesses.
Leisure and Shopping
Ikate has just the right number and variety of markets and malls to make your shopping experience as easy and enjoyable as possible. Lekki Arts and Crafts Market, Pearl Market, The Lennox Mall, Blenco African Market, Ite...
Popular Estates
There are numerous good estates in Ikate to choose from, all of which offer its residents a peaceful living environment. Brown State Lekki Estate, Abiola Court 6 Estate, Richmond Gate Estate, SpringVille Estate, Horizon...
Day Life
Despite being primarily a residential neighbourhood, Ikate has a good number of recreational and entertainment options. Leisure sports park, Kos Lagos, Family affairs plaza, Bambooka, Komfort Wellness Place, Hungrybelly...
Read the full area guide for Lekki, Lagos
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