Residential land joint venture
Premium Residential or Mixed-Use (Open to Developer's Proposal) .
Joint Venture Opportunity -- Prime Land in Lekki Phase 1, Lagos 3,100 SQM Off Hakeem Dickson C of O Title JV Terms Open for Discussion Property & JV Overview - Location: Off Hakeem Dickson, Lekki Phase 1, Lagos. - Land Size: 3,100 Square Metres. - Title: Certificate of Occupancy (C of O). - Deal Type: Joint Venture (JV). - Proposed Development: Premium Residential or Mixed-Use (Open to Developer's Proposal). - JV Terms: Land Value, Sharing Ratio, and Premium are open for discussion with serious, qualified developers. Key Highlights - Unrivaled Lekki Phase 1 Address: Off Hakeem Dickson is a highly prestigious, serene, and well-developed street in the heart of Lekki Phase 1, surrounded by luxury homes and high-value estates. - Massive Development Footprint: 3,100 SQM is an exceptionally large, contiguous parcel for Lekki Phase 1. This allows for a landmark development, extensive amenities, and excellent economies of scale. - Strong C of O Title: Full government-issued Certificate of Occupancy ensures legal security, bankability, and smooth partnership structuring. - Flexible JV Structure: The landowner is open to discussing the terms. This presents a unique opportunity for a developer to negotiate a favourable sharing formula, premium, or land value based on their development model. - High Rental & Resale Demand: Lekki Phase 1 consistently attracts high-net-worth tenants and buyers, ensuring strong potential returns on any premium development. Development Potential Given the large size and prime location, ideal projects include: - Luxury Residential Tower(s): A high-rise or mid-rise block of premium 2- and 3-bedroom apartments, plus penthouses. - Gated Estate of Terraces/Maisonettes: A boutique community of luxury terrace duplexes or semi-detached homes. - Mixed-Use Complex: Ground-floor retail or office spaces with residential apartments above. - Serviced Apartments: Targeting expatriates and corporate executives. Location Benefits -- Off Hakeem Dickson, Lekki Phase 1 - Prestige & Privacy: A quiet, tree-lined street with 24/7 security presence, offering a serene environment away from the main road noise. - Central Connectivity: Minutes from Admiralty Way, Freedom Way, Victoria Island, Ikoyi, and major business hubs. - Proximity to Amenities: Close to top schools, hospitals, shopping centres, restaurants, and leisure spots. - High Appreciation: Land and property values in Lekki Phase 1 have shown exceptional resilience and long-term capital growth due to limited supply and high demand. Next Steps for Interested Developers This is a strategic opportunity for a developer looking for a large, titled parcel in a prime location with negotiable terms. To proceed, submit: 1. Letter of Intent (LOI) -- expressing interest and outlining your proposed development vision. 2. Company Profile -- with verifiable evidence of luxury residential or mixed-use projects completed in prime Lagos locations. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale. 4. Preliminary Concept Note -- initial thoughts on design, unit mix, and a proposed JV structure (sharing ratio/premium) to kickstart negotiations. Due Diligence: - Upon signing an nda, title documents, survey, and site access will be provided for verification and inspection. Ideal Partner Profile: - A reputable real estate development firm with a proven track record in high-end residential or mixed-use projects. - Strong financial capacity and ability to fund construction without sole reliance on off-plan sales. Lekki Phase 1 JV -- 3,100 SQM, C of O, Off Hakeem Dickson. Terms open for discussion -- let's build something exceptional. Serious developers and investors only.
