Premium
₦5,600,000,000
Land joint venture
2000 Square Meters in a Very Good Location
Lekki, Lagos
2000 sqm
Residential land joint venture
Residential Land with Development Potential
Lekki Right, Updc Estate Road, Lekki Phase 1, Lekki, Lagos
₦1,500,000,000
Ref ID: #365-559-8
Posted 3 Sep 2026
3 Sep 2026
Added today
1,168 m²
Plot size
Residential
Property type
About this property
Just out --- joint venture hot! Hot! Hot! Updc Estate Road, Lekki Land details
- Land Size: 1,168.7 SQM
- Location: Updc Estate Road, Lekki
- Title: C of O
- Land Value: ₦1.5 Billion
Proposed Development
- Residential Development
- Proposed: 18 Units of 2-Bedroom Apartments
- Plus 2 Units of 3-Bedroom Apartments
- Development Potential: Up to 4--5 Floors
- Owner is open to other profitable development proposals
JV structure
- Sharing: 50/50
- Facilitator's Fee: 10%
- Premium: ₦200M -- ₦300M
- Premium is to be deducted from the Landowner's 50% share
Documentation & access
- Survey Plan Available
- Inspection Can Be Arranged Immediately
- Direct Access to Meet the Owner and Conclude
Strictly for smart & serious investors! This is a strategic development opportunity in a prime Lekki location with strong residential development potential. The mercies of God have prevailed. #mramos
Property details
Reference ID
#365-559-8
Listed by
Life's Luxury
Property type
Residential Land
Listing status
Residential land joint venture
Plot size
1,168 m²
Built-up area
1,168 m²
Area guide — Lekki
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety o...
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time i...
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are alway...
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki, Lagos
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Disclaimer
The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Life's Luxury. Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.
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