Residential land joint venture
Residential land joint venture
Premium Residential or Mixed-Use (Open to Developer's Proposal) .
About this property
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.
Property details
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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