Residential land joint venture
1,225 SQM Residential Land
Joint Venture Development Opportunity 1,225 SQM of Prime Land -- Lekki Scheme 2, Ogombo Location: George Adiele Crescent, Lekki Scheme 2, Ogombo, Lagos An exceptional Joint Venture (JV) development opportunity is available on approximately 1,225 sqm of land strategically located on George Adiele Crescent, Lekki Scheme 2, Ogombo. The property presents an opportunity for a reputable and experienced developer to partner with the landowner to unlock the development potential of the site and create a high-quality residential project within one of the rapidly developing areas of the Lekki corridor. Project highlights - Land Size: 1,225 sqm - Location: George Adiele Crescent, Lekki Scheme 2, Ogombo - Transaction: Joint Venture Development - Property Type: Residential development - Development: Subject to mutually agreed design, feasibility and planning approvals - Access: Located within an established residential neighbourhood - Ideal Partner: Reputable and experienced property development company Proposed JV structure The landowner is seeking a reliable and financially capable development partner with proven experience in residential property development. The proposed partnership will involve the developer undertaking the development of the property in accordance with an agreed development concept, budget, timeline and profit/ownership-sharing structure. The exact JV terms, including development contribution, unit allocation, profit-sharing, construction timeline, responsibilities and exit arrangements, are open for discussion and will be agreed upon by both parties following due diligence and feasibility assessment. Development Potential The 1,225 sqm site provides sufficient land area for a well-planned residential development, subject to the applicable planning regulations, setbacks, density requirements and development approvals.
