Premium
₦650,000,000
Residential land joint venture
700 SQM Residential Land
Lekki, Lagos
700 sqm
Premium
Residential land joint venture
1000 SQM Residential Land
Lekki Phase 1, Lekki, Lagos
₦950,000,000
Ref ID: #366-394-2
Posted 8 Sep 2026
8 Sep 2026
Added today
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Best Grand Masters Realty
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1,000 m²
Plot size
Residential
Property type
50 spaces
Parking
About this property
Joint venture opportunity -- lekki freeshore Location: Lekki Freeshore, Lagos Land Size: 1,000 sqm Position: Facing the Orange Island side Development Proposal The proposed development consists of:
- 16 Units of 2-Bedroom Flats
- 2 Units of Penthouses
- Development Structure: Ground + 3 Floors (G+3)
Joint venture terms Transaction Type: Joint Venture JV Agreement: Must be signed today Sharing Formula: As agreed between the parties. Land value ₦950,000,000 (nine Hundred and Fifty Million Naira) Facility fee 10% --- Non-Negotiable Completion period Approximately 13 months (1 year + 1 month) Opportunity summary A strategic 1,000 sqm Joint Venture opportunity inside Lekki Freeshore, directly facing the Orange Island side. The site is suitable for a well-planned residential development comprising 16 units of 2-bedroom apartments and 2 penthouses in a G+3 structure. Land Size: 1,000 sqm Location: Lekki Freeshore Facing: Orange Island side Development: 16 × 2-Bedroom Flats + 2 Penthouses Structure: G+3 Land Value: ₦950,000,000 Million Facility Fee: 10% (Non-Negotiable) Completion: Approximately 13 months JV: Immediate execution/signing OD
Property details
Reference ID
#366-394-2
Listed by
Best Grand Masters Realty
Property type
Residential Land
Listing status
Residential land joint venture
Parking spaces
50
Plot size
1,000 m²
Built-up area
1,000 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
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