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Residential land joint venture

1,000 SQM Residential Land

Ilasan, Lekki, Lagos
₦900,000,000
#370-691-4 2 Oct 2026 Added today
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1,000 m² Plot size
Residential Property type

About this property

For joint venture (JV) Ilasan, lekki --- Prime Residential Development Opportunity A 1,000 SQM development opportunity strategically located on Ilasan New Road, Lekki, by Address Homes, within a sought-after residential environment suitable for a quality apartment project. The property is available for a structured Joint Venture partnership with a proposed development of 20 units of 2-bedroom apartments. Property Details Location: Ilasan New Road, Lekki Landmark: By Address Homes Land Size: 1,000 SQM Title: Governor's Consent Price: ₦900,000 per SQM Land Value: ₦900 Million ️ Development Proposal Proposed Project: 20 Units of 2-Bedroom Apartments The proposed development is designed to take advantage of the site's strategic location and create a well-positioned residential project within the Ilasan/Lekki axis. JV structure Sharing: 50/50 Premium: Nil Facilitator's Fee: 10% Proposed Units: 20 Units of 2-Bedroom Apartments Land Size: 1,000 SQM Title: Governor's Consent Key highlights Prime Ilasan, Lekki location Strategic access via Ilasan New Road 1,000 SQM development site Governor's Consent No premium Clear 50/50 sharing structure Proposed 20-unit 2-bedroom apartment development Suitable for serious developers and investment partners Investment Opportunity This is an opportunity for a qualified developer or investment partner seeking a structured residential development project within the Lekki corridor, with the landowner offering a 50/50 sharing arrangement and no premium. Serious Developers / investors only. Ilasan New Road, Lekki --- By Address Homes ₦900K/SQM 1,000 SQM Governor's Consent ️ 20 Units of 2-Bedroom Apartments 50/50 Sharing 10% Facilitator's Fee Premium: Nil

Property details

Reference ID #370-691-4
Listed by 316mediamarketing Agency
Property type Residential Land
Listing status Residential land joint venture
Plot size 1,000 m²

Area guide — Lekki

Lagos

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

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Disclaimer

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