Residential land joint venture
Residential land joint venture
10,000 SQM Land
About this property
Strategic joint venture opportunity austria island, lagos 10,000 SQM ₦12 billion land value certificate of occupancy N.e.w.s Realty Limited is pleased to present an exclusive joint venture opportunity at Austria Island, by Orange Island Entrance, Lagoon District, Lekki Phase 1, Lagos. This is an opportunity for experienced developers, institutional investors and strategic development partners seeking a prime land position for a high-value residential, commercial or mixed-use project. Property Overview
- Location: Austria Island, by Orange Island Entrance, Lagoon District, Lekki Phase 1, Lagos.
- Land Size: 10,000 SQM
- Land Condition: Solid, dry land (as represented)
- Title: Certificate of Occupancy (C of O)
- Development Potential: Luxury residential estate, high-rise development, mixed-use or commercial project.
Joint venture financial structure Description Amount Land Value ₦12,000,000,000 JV Premium ₦500,000,000 Facilitators' Fee (10%) ₦1,200,000,000 Total Entry Requirement ₦1,700,000,000 WHY this opportunity deserves attention
- Strategic positioning within the Lekki Phase 1 growth corridor.
- 10,000 SQM development footprint.
- Potential for premium residential and mixed-use development.
- Suitable for developers and investment groups with the capacity to execute large-scale projects.
Transaction status: Open Joint Venture Proposal. Serious enquiries are welcome from qualified developers, institutional investors, investment consortiums and strategic development partners. For further information, the survey and transaction discussions: N.e.w.s Realty Limited [email protected] [email protected] +234 813 714 3886 +234 813 743 9166
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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