Unfurnished Joint Venture Property in Ikoyi, Lagos
There are 94 flats, houses, land and commercial properties joint venture in Ikoyi. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.
Closable Osborne jv Newly out for immediate closure Size: 700 sqm for JV Location: Osborn 2 Proposal: 7 units of appartments with penthouse Value: 2m per sqm Premium: TBD Title: Lagos State C of O Fee:10%.. survey available on request for serious clients pls
Osborne, Ikoyi, Lagos
Gzerky Lands & Properties Limited (GLP)
Premium
₦2,000,000
Land joint venture
700SQM JV Newly Out for Immediate Closure
Closable Osborne jv Newly out for immediate closure Size: 700 sqm for JV Location: Osborn 2 Proposal: 7 units of appartments with penthouse Value: 2m per sqm Premium: TBD Title: Lagos State C of O Fee:10%.. survey available on request for serious clients pls
Osborne, Ikoyi, Lagos
Gzerky Lands & Properties Limited (GLP)
Premium
₦5,500,000
Residential land joint venture
2300SQM Land for Sale at Residential Area of Banana Island, Lagos
2300sqm land for sale at Residential area of Banana Island, Lagos Title, ₦5.5m / m²
Banana Island, Ikoyi, Lagos
Charis Top Luxury Properties
Premium
₦5,500,000
Residential land joint venture
2300SQM Land for Sale at Residential Area of Banana Island, Lagos
2300sqm land for sale at Residential area of Banana Island, Lagos Title, ₦5.5m / m²
Banana Island, Ikoyi, Lagos
Charis Top Luxury Properties
Premium
1
₦888,650,000
Residential land joint venture
Just - in Joint Venture Development 300SQM Land
*just - In Joint Venture Development 300SQM land, ikoyi *Prime Land Open Development Serious Principals Only* Location: Alagbon Close, Ikoyi, Eti-Osa lga, Lagos State land details: Surveyed Area:* 296.216 sqm Land Value: ₦3M per sqm Indicative Land Value*: ₦888.65M Premium*: ₦50M Proposal:*Open development -- build to suit This is a rare Ikoyi land opportunity with clear survey and direct access off James George Street. Ideal for luxury residential or boutique commercial development
Ikoyi, Lagos
Plushy Homes
Premium
1
₦888,650,000
Residential land joint venture
Just - in Joint Venture Development 300SQM Land
*just - In Joint Venture Development 300SQM land, ikoyi *Prime Land Open Development Serious Principals Only* Location: Alagbon Close, Ikoyi, Eti-Osa lga, Lagos State land details: Surveyed Area:* 296.216 sqm Land Value: ₦3M per sqm Indicative Land Value*: ₦888.65M Premium*: ₦50M Proposal:*Open development -- build to suit This is a rare Ikoyi land opportunity with clear survey and direct access off James George Street. Ideal for luxury residential or boutique commercial development
Ikoyi, Lagos
Plushy Homes
Premium
1
₦16,800,000,000
Mixed-use land joint venture
Open Proposal Joint Venture Available with C of O at Bourdillon
*joint venture, ikoyi* Location: Bourdillon Road, Ikoyi Land Size: 4,417.598sqm Land Value: ₦3.8m/sqm Land Title: Fed C of O Proposal: Open Sharing Formula: To be discussed Premium: 1.1B Facilitator's Fee : 10% of the land value. Elim/Alfred *terms & conditions for joint venture partnership at NO 50 bourdillon road, ikoyi, lagos.* Prospective partner: A proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments. Plot size: 4417m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 50 units *30 units of 4 bedroom apartment *16 units of 5-bedroom apartments *4 units of 5 bedroom penthouse Height: 28 floors or more permissible by lasg building authorities but without crowding... Architects: Paradigm/Rumis. (Developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.) Construction firm: Elalan, Cappa & D'Alberto, etc. In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred contractors. Sharing formula: Developer 64%Landowner 36% Premium: N1.3B net Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents: landowners will provide detailed finishing documents to be applied to their units & common areas if finishing documents by the JV partner is not mutually agreed upon. Facilitators' fee: 10% of land value (neg.)
Bourdillon Road, Ikoyi, Lagos
4417 sqm
Temosh Global Properties LTD
Premium
1
₦16,800,000,000
Mixed-use land joint venture
Open Proposal Joint Venture Available with C of O at Bourdillon
*joint venture, ikoyi* Location: Bourdillon Road, Ikoyi Land Size: 4,417.598sqm Land Value: ₦3.8m/sqm Land Title: Fed C of O Proposal: Open Sharing Formula: To be discussed Premium: 1.1B Facilitator's Fee : 10% of the land value. Elim/Alfred *terms & conditions for joint venture partnership at NO 50 bourdillon road, ikoyi, lagos.* Prospective partner: A proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments. Plot size: 4417m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 50 units *30 units of 4 bedroom apartment *16 units of 5-bedroom apartments *4 units of 5 bedroom penthouse Height: 28 floors or more permissible by lasg building authorities but without crowding... Architects: Paradigm/Rumis. (Developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.) Construction firm: Elalan, Cappa & D'Alberto, etc. In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred contractors. Sharing formula: Developer 64%Landowner 36% Premium: N1.3B net Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents: landowners will provide detailed finishing documents to be applied to their units & common areas if finishing documents by the JV partner is not mutually agreed upon. Facilitators' fee: 10% of land value (neg.)
Bourdillon Road, Ikoyi, Lagos
4417 sqm
Temosh Global Properties LTD
Premium
₦7,730,000,000
Land joint venture
Verified Closable JV Without Premium
*verified closable joint venture glover ikoyi* Land size: 1,932sqm of Land Title: Federal C of O . LocationGlover Road, Ikoyi. Land Value: 4m Per Sqm Facilitators Fee: 10% Owner is open to options on the property *PS: No Premium*
Glover Road, Ikoyi, Lagos
1932 sqm
Temosh Global Properties LTD
Premium
₦7,730,000,000
Land joint venture
Verified Closable JV Without Premium
*verified closable joint venture glover ikoyi* Land size: 1,932sqm of Land Title: Federal C of O . LocationGlover Road, Ikoyi. Land Value: 4m Per Sqm Facilitators Fee: 10% Owner is open to options on the property *PS: No Premium*
Glover Road, Ikoyi, Lagos
1932 sqm
Temosh Global Properties LTD
Premium
₦13,760,000,000
Mixed-use land joint venture
3200 SQM JV Land
*hot old ikoyi JV* *Joint Venture Development* Land measuring 3200 sqm *Location*: ilabire Rd, Old Ikoyi *Land Value*: 4.3m per sqm *Premium* - Nil *Title*: C of O *Proposal*: (Minimum of 7 -8 floors) *Facilitators fee*: 10% of the Land value. Agent fees 10 percent, and shering fomular 50 -50 Title: Lagos State C of O
Ilabire Road, Old Ikoyi, Ikoyi, Lagos
5050properties
Premium
₦13,760,000,000
Mixed-use land joint venture
3200 SQM JV Land
*hot old ikoyi JV* *Joint Venture Development* Land measuring 3200 sqm *Location*: ilabire Rd, Old Ikoyi *Land Value*: 4.3m per sqm *Premium* - Nil *Title*: C of O *Proposal*: (Minimum of 7 -8 floors) *Facilitators fee*: 10% of the Land value. Agent fees 10 percent, and shering fomular 50 -50 Title: Lagos State C of O
Ilabire Road, Old Ikoyi, Ikoyi, Lagos
5050properties
Premium
₦10,000,000,000
Residential land joint venture
Premium Parkview Joint Venture
*JV alert: Ikonyi goldmine Park View Estate 4,829 sqm C of O in Hand !!!* *This is not your regular Ikoyi land*. *Location:* Park View Estate, Ikoyi -- one of Lagos' most exclusive addresses *Size:* 4,829.953 sqm with existing structure *Title:* Clean C of O *Land Value*: ₦10Billion *Entry Premium*: ₦500M only *Deal:* Open proposal. Sharing formula negotiable *Why it moves fast:* - Prime location = instant value appreciation - Big land size = flexibility for luxury apartments, villas, or mixed-use - Owner is ready to partner with the right developer *Developer brings:* Solid track record + killer proposal + funding capacity *Owner brings:* The land + clean title *If you're not ready to move, don't waste your time. Serious developers only.* *Lock this down now!
Parkview, Ikoyi, Lagos
4829 sqm
Pathfinder Homes and Constructions Limited
Premium
₦10,000,000,000
Residential land joint venture
Premium Parkview Joint Venture
*JV alert: Ikonyi goldmine Park View Estate 4,829 sqm C of O in Hand !!!* *This is not your regular Ikoyi land*. *Location:* Park View Estate, Ikoyi -- one of Lagos' most exclusive addresses *Size:* 4,829.953 sqm with existing structure *Title:* Clean C of O *Land Value*: ₦10Billion *Entry Premium*: ₦500M only *Deal:* Open proposal. Sharing formula negotiable *Why it moves fast:* - Prime location = instant value appreciation - Big land size = flexibility for luxury apartments, villas, or mixed-use - Owner is ready to partner with the right developer *Developer brings:* Solid track record + killer proposal + funding capacity *Owner brings:* The land + clean title *If you're not ready to move, don't waste your time. Serious developers only.* *Lock this down now!
Parkview, Ikoyi, Lagos
4829 sqm
Pathfinder Homes and Constructions Limited
Premium
₦4,300,000
Residential land joint venture
Hot Joint Venture Project in Old Ikoyi
Hot old ikoyi JV joint venture development Land measuring 3200 sqm -Land Value: 4.3m per sqm -Premium: Nil -Title: C of O -Proposal: (Minimum of 7 -8 floors) -Facilitators fee: 10% of the Land value. Agent fees 10 percent, and shering fomular:50 -50 Title: Lagos State C of O Serious and ready developer to act very fast. For more info call Nechelon Property: +2347069024959
Old Ikoyi, Ikoyi, Lagos
3200 sqm
Nechelon Property LTD
Premium
₦4,300,000
Residential land joint venture
Hot Joint Venture Project in Old Ikoyi
Hot old ikoyi JV joint venture development Land measuring 3200 sqm -Land Value: 4.3m per sqm -Premium: Nil -Title: C of O -Proposal: (Minimum of 7 -8 floors) -Facilitators fee: 10% of the Land value. Agent fees 10 percent, and shering fomular:50 -50 Title: Lagos State C of O Serious and ready developer to act very fast. For more info call Nechelon Property: +2347069024959
Old Ikoyi, Ikoyi, Lagos
3200 sqm
Nechelon Property LTD
Premium
1
₦12,500,000,000
Land joint venture
Joint Venture 4500SQM of Land
*joint venture osborne phase 2* 4500sqm available for partnership Proposal of maisonette Of 2bed, 3 and 4bed 80units in total on 13 floors Premium to be discuss Value 12.5b Title: C of O Semi direct Facilitator fee 10%
Osborne, Ikoyi, Lagos
Bentol Home Plus
Premium
1
₦12,500,000,000
Land joint venture
Joint Venture 4500SQM of Land
*joint venture osborne phase 2* 4500sqm available for partnership Proposal of maisonette Of 2bed, 3 and 4bed 80units in total on 13 floors Premium to be discuss Value 12.5b Title: C of O Semi direct Facilitator fee 10%
Osborne, Ikoyi, Lagos
Bentol Home Plus
Premium
₦10,300,000,000
Land joint venture
Land with C of O in a Strategic Location
Terms & conditions for joint venture partnership at NO 54a bourdillon road, ikoyi, lagos. Talking to the mandate Prospective partner: A proven capable financier & developer for the construction of high density/high-rise top notch luxury apartments. Plot size: 2281m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 34 units *32 units of 4 bedroom apartment *2 units of 5 bedroom penthouses Architects: Paradigm/Rumis. (Developers may present their designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.) Construction firm: Elalan, Cappa & D'Alberto, Al Mansour, etc. In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred grade a contractors. Sharing formula: Developer 60% Landowner 40% Premium: N1.1B net Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents. Facilitators' fee: 10% of land value
No 54a Bourdillon Road, Ikoyi, Lagos
2281 sqm
Temosh Global Properties LTD
Premium
₦10,300,000,000
Land joint venture
Land with C of O in a Strategic Location
Terms & conditions for joint venture partnership at NO 54a bourdillon road, ikoyi, lagos. Talking to the mandate Prospective partner: A proven capable financier & developer for the construction of high density/high-rise top notch luxury apartments. Plot size: 2281m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 34 units *32 units of 4 bedroom apartment *2 units of 5 bedroom penthouses Architects: Paradigm/Rumis. (Developers may present their designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.) Construction firm: Elalan, Cappa & D'Alberto, Al Mansour, etc. In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred grade a contractors. Sharing formula: Developer 60% Landowner 40% Premium: N1.1B net Proof of availability of funds to start & finish the project (eg., Bank statement or guarantee or whatever the institution you plan to use). Detailed finishing documents. Facilitators' fee: 10% of land value
No 54a Bourdillon Road, Ikoyi, Lagos
2281 sqm
Temosh Global Properties LTD
ADVERTISEMENT750 × 120
Premium
₦4,300,000
Land joint venture
*joint Venture * Land Size: 3, 200 SQM
*Joint Venture Development* Land size: 3,200 sqm *Location*: ilabere Rd, Old Ikoyi *Land Value*: 4.3m per sqm *Premium* - Nil *Title*: C of O *Proposal*: (Minimum of 7 -8 floors) *Facilitators fee*: 10% of the Land value. Sharimg fomular 50 -50 Title: Lagos State C of O GM
Old Ikoyi, Ikoyi, Lagos
Bentol Home Plus
Premium
₦4,300,000
Land joint venture
*joint Venture * Land Size: 3, 200 SQM
*Joint Venture Development* Land size: 3,200 sqm *Location*: ilabere Rd, Old Ikoyi *Land Value*: 4.3m per sqm *Premium* - Nil *Title*: C of O *Proposal*: (Minimum of 7 -8 floors) *Facilitators fee*: 10% of the Land value. Sharimg fomular 50 -50 Title: Lagos State C of O GM
Old Ikoyi, Ikoyi, Lagos
Bentol Home Plus
Premium
₦1,700,000,000
Land joint venture
850 SQM
Attractive joint venture @ osborne 2, ikoyi,lagos. 850sqm land @ Osborne Phase 2. land value: 2m/ sqm. N1.7b proposal: Option 1 : 10units of 3 Bedroom Flats with ground floor parking. Option 2: 6 units of terraced duplexes sharing formula: 50/50 Facilitator's fee: 10% wal
Osborne Phase 2, Osborne, Ikoyi, Lagos
850 sqm
Cathyhills Edge Limited
Premium
₦1,700,000,000
Land joint venture
850 SQM
Attractive joint venture @ osborne 2, ikoyi,lagos. 850sqm land @ Osborne Phase 2. land value: 2m/ sqm. N1.7b proposal: Option 1 : 10units of 3 Bedroom Flats with ground floor parking. Option 2: 6 units of terraced duplexes sharing formula: 50/50 Facilitator's fee: 10% wal
Osborne Phase 2, Osborne, Ikoyi, Lagos
850 sqm
Cathyhills Edge Limited
Premium
₦13,760,000,000
Residential land joint venture
Very Attractive Joint Venture Land in Great Location
*hot old ikoyi JV* *Joint Venture Development* Land measuring 3200 sqm *Location*: ilabire Rd, Old Ikoyi *Land Value*: 4.3m per sqm *Premium* - Nil *Title*: C of O *Proposal*: (Minimum of 7 -8 floors) *Facilitators fee*: 10% of the Land value. Agent fees 10 percent, and shering fomular 50 -50 Title: Lagos State C of O Serious and ready developer to act very fast.
Old Ikoyi, Ikoyi, Lagos
3200 sqm
Ambuiltech Project & Services Ventures LTD
Premium
₦13,760,000,000
Residential land joint venture
Very Attractive Joint Venture Land in Great Location
*hot old ikoyi JV* *Joint Venture Development* Land measuring 3200 sqm *Location*: ilabire Rd, Old Ikoyi *Land Value*: 4.3m per sqm *Premium* - Nil *Title*: C of O *Proposal*: (Minimum of 7 -8 floors) *Facilitators fee*: 10% of the Land value. Agent fees 10 percent, and shering fomular 50 -50 Title: Lagos State C of O Serious and ready developer to act very fast.
Old Ikoyi, Ikoyi, Lagos
3200 sqm
Ambuiltech Project & Services Ventures LTD
Premium
1
₦4,300,000
Residential land joint venture
3200 SQM Joint Venture Development
Joint Venture Development* Land measuring 3200 sqm *Location*: ilabere Rd, Old Ikoyi *Land Value*: 4.3m per sqm *Premium* - Nil *Title*: C of O *Proposal*: (Minimum of 7 -8 floors) *Facilitators fee*: 10% of the Land value. Agent fees 10 percent, and shering fomular 50 -50 Title: Lagos State C of O Owner has a design for the project. Vol 22 47
Ilabere Rd, Old Ikoyi, Ikoyi, Lagos
3200 sqm
Crestforesight Homes & Properties LTD
Premium
1
₦4,300,000
Residential land joint venture
3200 SQM Joint Venture Development
Joint Venture Development* Land measuring 3200 sqm *Location*: ilabere Rd, Old Ikoyi *Land Value*: 4.3m per sqm *Premium* - Nil *Title*: C of O *Proposal*: (Minimum of 7 -8 floors) *Facilitators fee*: 10% of the Land value. Agent fees 10 percent, and shering fomular 50 -50 Title: Lagos State C of O Owner has a design for the project. Vol 22 47
Ilabere Rd, Old Ikoyi, Ikoyi, Lagos
3200 sqm
Crestforesight Homes & Properties LTD
Premium
₦10,000,000,000
Residential land joint venture
Joint Ventures Opportunities in a Good Location
*JV alert: Ikonyi goldmine Park View Estate 4,829 sqm C of O in Hand !!!* *This is not your regular Ikoyi land*. *Location:* Park View Estate, Ikoyi -- one of Lagos' most exclusive addresses *Size:* 4,829.953 sqm with existing structure *Title:* Clean C of O *Land Value*: ₦10Billion *Entry Premium*: ₦500M only *Deal:* Open proposal. Sharing formula negotiable *Why it moves fast:* - Prime location = instant value appreciation - Big land size = flexibility for luxury apartments, villas, or mixed-use - Owner is ready to partner with the right developer *Developer brings:* Solid track record + killer proposal + funding capacity *Owner brings:* The land + clean title *If you're not ready to move, don't waste your time. Serious developers only.* *Lock this down now*: WhatsApp: 08037278894, 08022404497
Parkview, Ikoyi, Lagos
4829 sqm
Toluwa Global Investment LTD
Premium
₦10,000,000,000
Residential land joint venture
Joint Ventures Opportunities in a Good Location
*JV alert: Ikonyi goldmine Park View Estate 4,829 sqm C of O in Hand !!!* *This is not your regular Ikoyi land*. *Location:* Park View Estate, Ikoyi -- one of Lagos' most exclusive addresses *Size:* 4,829.953 sqm with existing structure *Title:* Clean C of O *Land Value*: ₦10Billion *Entry Premium*: ₦500M only *Deal:* Open proposal. Sharing formula negotiable *Why it moves fast:* - Prime location = instant value appreciation - Big land size = flexibility for luxury apartments, villas, or mixed-use - Owner is ready to partner with the right developer *Developer brings:* Solid track record + killer proposal + funding capacity *Owner brings:* The land + clean title *If you're not ready to move, don't waste your time. Serious developers only.* *Lock this down now*: WhatsApp: 08037278894, 08022404497
Parkview, Ikoyi, Lagos
4829 sqm
Toluwa Global Investment LTD
Premium
₦4,000,000
Land joint venture
Lamd Size 2, 300 JV Just Out
Banana island JV Just out Land size 2,300SQM Land title lagos state Zone mixed Land value 4m per SQM Preferred proposal Apartment Premium 300m
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Premium
₦4,000,000
Land joint venture
Lamd Size 2, 300 JV Just Out
Banana island JV Just out Land size 2,300SQM Land title lagos state Zone mixed Land value 4m per SQM Preferred proposal Apartment Premium 300m
Banana Island, Ikoyi, Lagos
Wilson Communications Interprises
Premium
₦7,501,000,000
Mixed-use land joint venture
Exclusive Opportunities Joint Venture in a Prime Area Without Stress
Exclusive JV opportunity -- banana island, ikoyi *Prime Land for Luxury High-Rise Development* *Location:* Banana Island Estate, Ikoyi -- Nigeria's most prestigious address *Land Size:* 1,500.23 SQM *Land Value:* ₦5M per SQM *Total Land Value:* ₦7.501 Billion *Premium:* Subject to Discussion *Proposed Development:* - *Floors 1--2:* Car Park - *Floors 3--5:* Block of Luxury Apartments - *Floors 6--7:* 4 Units of 4-Bedroom Maisonettes - *Floor 8:* 2 Units of Exclusive Penthouses - Open to additional design options *JV Structure:* - *Sharing Formula:* 50/50 - *Facilitator's Fee:* 10% net *Why This Deal Stands Out:* - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi *Engagement Terms:* Strictly for *direct developers or valid mandates of developers only*. Proof of capacity required. No brokers, no middlemen. Serious engagemen
Banana Island, Ikoyi, Lagos
1500 sqm
Toluwa Global Investment LTD
Premium
₦7,501,000,000
Mixed-use land joint venture
Exclusive Opportunities Joint Venture in a Prime Area Without Stress
Exclusive JV opportunity -- banana island, ikoyi *Prime Land for Luxury High-Rise Development* *Location:* Banana Island Estate, Ikoyi -- Nigeria's most prestigious address *Land Size:* 1,500.23 SQM *Land Value:* ₦5M per SQM *Total Land Value:* ₦7.501 Billion *Premium:* Subject to Discussion *Proposed Development:* - *Floors 1--2:* Car Park - *Floors 3--5:* Block of Luxury Apartments - *Floors 6--7:* 4 Units of 4-Bedroom Maisonettes - *Floor 8:* 2 Units of Exclusive Penthouses - Open to additional design options *JV Structure:* - *Sharing Formula:* 50/50 - *Facilitator's Fee:* 10% net *Why This Deal Stands Out:* - Rare JV slot in Elite Banana Island Estate - Perfect for luxury residential development with global buyer appeal - High demand for premium Ikoyi apartments = Strong roi *Engagement Terms:* Strictly for *direct developers or valid mandates of developers only*. Proof of capacity required. No brokers, no middlemen. Serious engagemen
Banana Island, Ikoyi, Lagos
1500 sqm
Toluwa Global Investment LTD
Premium
₦6,500,000,000
Residential land joint venture
2, 600 SQM Joint Venture
Joint Venture Development Opportunity -- Adeleke Adedoyin, Off Kofo Abayomi Road, Ikoyi, Lagos 2,600 SQM Land Certificate Title Land Value: ₦2.5M per SQM (≈₦6.5 Billion Total) Premium: ₦300M (Slightly Negotiable) Facilitator's Fee: 10% --- Property & JV Overview - Location: Adeleke Adedoyin, Off Kofo Abayomi Road, Ikoyi, Lagos. A prime residential/commercial street in the heart of Ikoyi, close to major business hubs. - Land Size: 2,600 SQM. - Title: Land Certificate -- a recognized title requiring verification and potential upgrade to Governor's Consent for full bankability. - Land Value: ₦2,500,000 per SQM. - Total Land Value: ₦6,500,000,000 (≈ ₦6.5 Billion). - Premium: ₦300,000,000 (slightly negotiable), payable upon JV contract signing. - Proposed Development: Luxury Flats with a total of 38 units across 2 blocks: - Owner's Block (17 Units): 8 units of 2‑bedrooms, 8 units of 3‑bedrooms, 1 penthouse. - Developer's Block (21 Units): Developer's preference (flexible unit mix). - JV Sharing Formula: To be negotiated (likely based on land contribution vs. development cost). - Facilitator's Fee: 10% of land value (≈ ₦650 Million), payable upon JV agreement. - Owner's Special Request: One of the owners requires 2 units of the 2‑bedroom flats to be converted into a maisonette on the 1st & 2nd floors for his personal use. --- Key Highlights - Prime Ikoyi Address: Adeleke Adedoyin, off Kofo Abayomi, is a prestigious, low‑density residential area in the heart of Ikoyi -- close to Victoria Island, Falomo, and major commercial districts. - Large Development Scale: 2,600 SQM allows for a substantial luxury apartment complex with significant unit count (38 total) -- maximizing returns. - Clear Unit Allocation: The owner has a defined allocation (17 units), while the developer has full flexibility on the remaining 21 units -- a balanced partnership structure. - Premium Payment: ₦300M upfront at contract signing -- filters for serious, well‑capitalized developers. - High Demand Location: Ikoyi luxury apartments consistently attract high‑net‑worth individuals, expatriates, and corporate tenants -- ensuring strong sales and rental potential. --- ️ Proposed Development -- 38 Luxury Units Block Units Breakdown Owner's Block 17 8 x 2‑Bed, 8 x 3‑Bed, 1 Penthouse Developer's Block 21 Developer's preference (flexible mix) Special Request -- 2 units of 2‑Bed converted to Maisonette (1st & 2nd floor) for owner Total: 38 luxury units (apartments + maisonette + penthouse). Key Features: High‑spec finishes, parking, gym, pool, backup power, water treatment, and 24/7 security. --- Location Benefits -- Adeleke Adedoyin, Ikoyi - Prestige Address: Off Kofo Abayomi -- one of Ikoyi's most desirable streets, surrounded by luxury homes, embassies, and corporate offices. - Excellent Connectivity: Minutes from Victoria Island, Falomo Bridge, and Lagos Island. - Secure Environment: Low crime, well‑lit roads, and a mature, established neighbourhood. - High Demand: Properties in this area consistently achieve premium rents and capital appreciation. --- Financial Structure - Land Contribution Value: ₦6.5 Billion. - Premium (Upfront): ₦300 Million (slightly negotiable) -- payable to landowner upon JV contract signing. - Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. - Profit Sharing: To be negotiated -- typically based on the ratio of land value to total development cost. - Facilitator's Fee: 10% of land value (≈ ₦650 Million), typically paid from the landowner's share upon JV execution. --- ️ Critical Note -- Land Certificate Title - a Land Certificate is a recognised title but is weaker than a C of O or Governor's Consent. - Implication: The buyer/developer will need to conduct thorough due diligence to: - Confirm authenticity at the Lagos State Lands Bureau. - Understand the lease terms and remaining tenure. - Plan for potential upgrade to Governor's Consent (cost and timeline). - This should be factored into the JV negotiation and financial modelling. --- Next Steps for Interested Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the premium and proposed unit allocation. 2. Company Profile -- with verifiable evidence of luxury apartment projects completed in Ikoyi, Victoria Island, or Banana Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10B--₦18B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the proposed 38‑unit luxury development, including the maisonette conversion. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide the Land Certificate, survey, and arrange a site inspection. Ideal Partner Profile: - A reputable real estate development firm with a proven track record in luxury multi‑unit residential projects in prime Lagos locations. - Strong financial capacity and ability to fund construction without sole reliance on off‑plan sales. --- Adeleke Adedoyin, Ikoyi -- 2,600 SQM, 38 luxury units, ₦300M premium, 10% facilitator fee. Serious developers with capacity and track record only.
Adeleke Adedoyin, Off Kofo Abayomi Road, Ikoyi, Lagos
2600 sqm
Ac Valour International
Premium
₦6,500,000,000
Residential land joint venture
2, 600 SQM Joint Venture
Joint Venture Development Opportunity -- Adeleke Adedoyin, Off Kofo Abayomi Road, Ikoyi, Lagos 2,600 SQM Land Certificate Title Land Value: ₦2.5M per SQM (≈₦6.5 Billion Total) Premium: ₦300M (Slightly Negotiable) Facilitator's Fee: 10% --- Property & JV Overview - Location: Adeleke Adedoyin, Off Kofo Abayomi Road, Ikoyi, Lagos. A prime residential/commercial street in the heart of Ikoyi, close to major business hubs. - Land Size: 2,600 SQM. - Title: Land Certificate -- a recognized title requiring verification and potential upgrade to Governor's Consent for full bankability. - Land Value: ₦2,500,000 per SQM. - Total Land Value: ₦6,500,000,000 (≈ ₦6.5 Billion). - Premium: ₦300,000,000 (slightly negotiable), payable upon JV contract signing. - Proposed Development: Luxury Flats with a total of 38 units across 2 blocks: - Owner's Block (17 Units): 8 units of 2‑bedrooms, 8 units of 3‑bedrooms, 1 penthouse. - Developer's Block (21 Units): Developer's preference (flexible unit mix). - JV Sharing Formula: To be negotiated (likely based on land contribution vs. development cost). - Facilitator's Fee: 10% of land value (≈ ₦650 Million), payable upon JV agreement. - Owner's Special Request: One of the owners requires 2 units of the 2‑bedroom flats to be converted into a maisonette on the 1st & 2nd floors for his personal use. --- Key Highlights - Prime Ikoyi Address: Adeleke Adedoyin, off Kofo Abayomi, is a prestigious, low‑density residential area in the heart of Ikoyi -- close to Victoria Island, Falomo, and major commercial districts. - Large Development Scale: 2,600 SQM allows for a substantial luxury apartment complex with significant unit count (38 total) -- maximizing returns. - Clear Unit Allocation: The owner has a defined allocation (17 units), while the developer has full flexibility on the remaining 21 units -- a balanced partnership structure. - Premium Payment: ₦300M upfront at contract signing -- filters for serious, well‑capitalized developers. - High Demand Location: Ikoyi luxury apartments consistently attract high‑net‑worth individuals, expatriates, and corporate tenants -- ensuring strong sales and rental potential. --- ️ Proposed Development -- 38 Luxury Units Block Units Breakdown Owner's Block 17 8 x 2‑Bed, 8 x 3‑Bed, 1 Penthouse Developer's Block 21 Developer's preference (flexible mix) Special Request -- 2 units of 2‑Bed converted to Maisonette (1st & 2nd floor) for owner Total: 38 luxury units (apartments + maisonette + penthouse). Key Features: High‑spec finishes, parking, gym, pool, backup power, water treatment, and 24/7 security. --- Location Benefits -- Adeleke Adedoyin, Ikoyi - Prestige Address: Off Kofo Abayomi -- one of Ikoyi's most desirable streets, surrounded by luxury homes, embassies, and corporate offices. - Excellent Connectivity: Minutes from Victoria Island, Falomo Bridge, and Lagos Island. - Secure Environment: Low crime, well‑lit roads, and a mature, established neighbourhood. - High Demand: Properties in this area consistently achieve premium rents and capital appreciation. --- Financial Structure - Land Contribution Value: ₦6.5 Billion. - Premium (Upfront): ₦300 Million (slightly negotiable) -- payable to landowner upon JV contract signing. - Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. - Profit Sharing: To be negotiated -- typically based on the ratio of land value to total development cost. - Facilitator's Fee: 10% of land value (≈ ₦650 Million), typically paid from the landowner's share upon JV execution. --- ️ Critical Note -- Land Certificate Title - a Land Certificate is a recognised title but is weaker than a C of O or Governor's Consent. - Implication: The buyer/developer will need to conduct thorough due diligence to: - Confirm authenticity at the Lagos State Lands Bureau. - Understand the lease terms and remaining tenure. - Plan for potential upgrade to Governor's Consent (cost and timeline). - This should be factored into the JV negotiation and financial modelling. --- Next Steps for Interested Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the premium and proposed unit allocation. 2. Company Profile -- with verifiable evidence of luxury apartment projects completed in Ikoyi, Victoria Island, or Banana Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10B--₦18B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the proposed 38‑unit luxury development, including the maisonette conversion. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide the Land Certificate, survey, and arrange a site inspection. Ideal Partner Profile: - A reputable real estate development firm with a proven track record in luxury multi‑unit residential projects in prime Lagos locations. - Strong financial capacity and ability to fund construction without sole reliance on off‑plan sales. --- Adeleke Adedoyin, Ikoyi -- 2,600 SQM, 38 luxury units, ₦300M premium, 10% facilitator fee. Serious developers with capacity and track record only.
Adeleke Adedoyin, Off Kofo Abayomi Road, Ikoyi, Lagos
2600 sqm
Ac Valour International
Premium
₦7,500,000,000
Residential land joint venture
1, 500.23 SQM Joint Venture
Exclusive Joint Venture Opportunity -- Prime Land on Banana Island, Ikoyi, Lagos 1,500.23 SQM Land Value: ₦5M per SQM Proposed: Luxury High-Rise Development 50:50 Sharing Facilitator's Fee: 10% --- Property & JV Overview - Location: Banana Island Estate, Ikoyi, Lagos -- Africa's most exclusive residential enclave. - Land Size: 1,500.23 SQM. - Title: To be verified (C of O / Governor's Consent expected for Banana Island). - Land Value: ₦5,000,000 per SQM. - Total Land Value: Banana Island Estate, Ikoyi, Lagos (≈ ₦7.5 Billion). - Premium: To be discussed (payable upon JV contract signing). - Proposed Development: Luxury high-rise with the following configuration: - 1st & 2nd floors: Car park. - 3rd, 4th & 5th floors: Block of luxury apartments. - 6th & 7th floors: 4 units of 4‑bedroom maisonettes. - 8th floor: 2 units of penthouse. - JV Sharing Formula: 50:50 (landowner : developer). - Facilitator's Fee: 10% of land value (≈ ₦750 Million), payable upon JV agreement. --- Key Highlights - Banana Island Address -- Ultimate Prestige: The most sought‑after residential address in Nigeria -- home to billionaires, diplomats, and top executives. Unparalleled security, underground utilities, and waterfront living. - Prime Land Value: At ₦5M per SQM, this reflects the scarcity and premium of titled land on Banana Island -- a sound investment with strong appreciation potential. - Clear Development Proposal: A defined 8‑floor luxury scheme with parking, apartments, maisonettes, and penthouses -- providing a ready‑made vision for developers. - 50:50 Equal Partnership: Transparent and balanced sharing structure aligns the interests of landowner and developer. - Global Market Appeal: Properties on Banana Island attract international buyers and investors -- ensuring strong sales and rental demand. --- ️ Proposed Development -- 8 Floors of Luxury Living Floor(s) Use Details 1st & 2nd Car Park Multi‑level parking for residents and guests. 3rd, 4th & 5th Luxury Apartments Block of high‑spec flats (unit mix to be finalised). 6th & 7th Maisonettes 4 units of 4‑bedroom duplex apartments. 8th Penthouses 2 units of ultra‑luxury penthouses with private terraces. Additional Options: The developer may propose alternative configurations (e.g., more floors, mixed‑use, branded residences) -- subject to landowner approval and planning consent. Target Market: Ultra‑high‑net‑worth individuals, corporate executives, expatriates, and luxury investors. --- Location Benefits -- Banana Island, Ikoyi - Unmatched Prestige & Security: 24/7 estate security, underground utilities, paved roads, and waterfront views. - Proximity to Business Hubs: Minutes from Ikoyi, Victoria Island, and Eko Atlantic. - High Demand, Low Supply: New developments on Banana Island are exceptionally rare -- ensuring strong pre‑sales and rental interest. - World‑Class Infrastructure: Reliable power, water, drainage, and estate management. --- Financial Structure - Land Contribution Value: ₦7.5 Billion. - Premium: To be discussed (payable upon JV contract signing). - Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. - Profit Sharing: 50% Landowner / 50% Developer -- after recovery of agreed development costs. - Facilitator's Fee: 10% of land value (≈ ₦750 Million), typically paid from the landowner's share upon JV execution. --- Transaction Requirements for Interested Developers This opportunity is strictly for capable, credible, and competent developers. Proof of capacity is required. Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the 50:50 sharing structure. 2. Company Profile -- with verifiable evidence of luxury high‑rise projects (8+ floors) completed on Banana Island, Ikoyi, or Victoria Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10B--₦20B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the proposed 8‑floor development or alternative vision. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide title documents, survey, and arrange a site inspection. Ideal Partner Profile: - A top‑tier real estate development firm with a proven track record in ultra‑luxury high‑rises on Banana Island or Ikoyi. - Strong financial capacity and access to construction finance. - Experience with high‑end residential developments targeting the global luxury market. --- Banana Island JV -- 50:50, 1,500 SQM, ₦5M/SQM, luxury high‑rise. A landmark opportunity for developers with proven capacity and vision. Strictly for serious, qualified developers -- direct engagement only.
Banana Island Estate, Ikoyi, Lagos
1500 sqm
Ac Valour International
Premium
₦7,500,000,000
Residential land joint venture
1, 500.23 SQM Joint Venture
Exclusive Joint Venture Opportunity -- Prime Land on Banana Island, Ikoyi, Lagos 1,500.23 SQM Land Value: ₦5M per SQM Proposed: Luxury High-Rise Development 50:50 Sharing Facilitator's Fee: 10% --- Property & JV Overview - Location: Banana Island Estate, Ikoyi, Lagos -- Africa's most exclusive residential enclave. - Land Size: 1,500.23 SQM. - Title: To be verified (C of O / Governor's Consent expected for Banana Island). - Land Value: ₦5,000,000 per SQM. - Total Land Value: Banana Island Estate, Ikoyi, Lagos (≈ ₦7.5 Billion). - Premium: To be discussed (payable upon JV contract signing). - Proposed Development: Luxury high-rise with the following configuration: - 1st & 2nd floors: Car park. - 3rd, 4th & 5th floors: Block of luxury apartments. - 6th & 7th floors: 4 units of 4‑bedroom maisonettes. - 8th floor: 2 units of penthouse. - JV Sharing Formula: 50:50 (landowner : developer). - Facilitator's Fee: 10% of land value (≈ ₦750 Million), payable upon JV agreement. --- Key Highlights - Banana Island Address -- Ultimate Prestige: The most sought‑after residential address in Nigeria -- home to billionaires, diplomats, and top executives. Unparalleled security, underground utilities, and waterfront living. - Prime Land Value: At ₦5M per SQM, this reflects the scarcity and premium of titled land on Banana Island -- a sound investment with strong appreciation potential. - Clear Development Proposal: A defined 8‑floor luxury scheme with parking, apartments, maisonettes, and penthouses -- providing a ready‑made vision for developers. - 50:50 Equal Partnership: Transparent and balanced sharing structure aligns the interests of landowner and developer. - Global Market Appeal: Properties on Banana Island attract international buyers and investors -- ensuring strong sales and rental demand. --- ️ Proposed Development -- 8 Floors of Luxury Living Floor(s) Use Details 1st & 2nd Car Park Multi‑level parking for residents and guests. 3rd, 4th & 5th Luxury Apartments Block of high‑spec flats (unit mix to be finalised). 6th & 7th Maisonettes 4 units of 4‑bedroom duplex apartments. 8th Penthouses 2 units of ultra‑luxury penthouses with private terraces. Additional Options: The developer may propose alternative configurations (e.g., more floors, mixed‑use, branded residences) -- subject to landowner approval and planning consent. Target Market: Ultra‑high‑net‑worth individuals, corporate executives, expatriates, and luxury investors. --- Location Benefits -- Banana Island, Ikoyi - Unmatched Prestige & Security: 24/7 estate security, underground utilities, paved roads, and waterfront views. - Proximity to Business Hubs: Minutes from Ikoyi, Victoria Island, and Eko Atlantic. - High Demand, Low Supply: New developments on Banana Island are exceptionally rare -- ensuring strong pre‑sales and rental interest. - World‑Class Infrastructure: Reliable power, water, drainage, and estate management. --- Financial Structure - Land Contribution Value: ₦7.5 Billion. - Premium: To be discussed (payable upon JV contract signing). - Developer's Role: Provide 100% of construction financing, bank guarantee, project management, and sales/letting. - Profit Sharing: 50% Landowner / 50% Developer -- after recovery of agreed development costs. - Facilitator's Fee: 10% of land value (≈ ₦750 Million), typically paid from the landowner's share upon JV execution. --- Transaction Requirements for Interested Developers This opportunity is strictly for capable, credible, and competent developers. Proof of capacity is required. Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest and acceptance of the 50:50 sharing structure. 2. Company Profile -- with verifiable evidence of luxury high‑rise projects (8+ floors) completed on Banana Island, Ikoyi, or Victoria Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10B--₦20B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with the proposed 8‑floor development or alternative vision. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide title documents, survey, and arrange a site inspection. Ideal Partner Profile: - A top‑tier real estate development firm with a proven track record in ultra‑luxury high‑rises on Banana Island or Ikoyi. - Strong financial capacity and access to construction finance. - Experience with high‑end residential developments targeting the global luxury market. --- Banana Island JV -- 50:50, 1,500 SQM, ₦5M/SQM, luxury high‑rise. A landmark opportunity for developers with proven capacity and vision. Strictly for serious, qualified developers -- direct engagement only.
Banana Island Estate, Ikoyi, Lagos
1500 sqm
Ac Valour International
Premium
₦3,307,500,000
Residential land joint venture
1, 323 SQM Joint Venture
Joint Venture Opportunity -- Ademola Street South West, off Awolowo Road, Ikoyi, Lagos 1,323 SQM Governor's Consent Title Land Value: ₦2.5M per SQM Proposed: 10 Floors (Blocks of Flats) Sharing: 55/45 Premium: ₦200M Facilitator's Fee: 10% (NET) --- Property & JV Overview - Location: Ademola Street South West, off Awolowo Road, Ikoyi, Lagos. A prime, quiet residential street in one of Ikoyi's most prestigious neighbourhoods. - Land Size: 1,323 SQM. - Title: Governor's Consent -- strong, state‑granted title ensuring legal security and bankability. - Land Value: ₦2,500,000 per SQM. - Total Land Value: ₦3,307,500,000 (≈ ₦3.31 Billion). - Proposed Development: 10 floors of residential flats (blocks of flats). - JV Sharing Formula: 55% Landowner / 45% Developer. - Premium: ₦200,000,000 (payable immediately upon JV contract signing). - Facilitator's Fee: 10% (NET) of land value (≈ ₦330.75 Million), payable upon JV agreement. --- Key Highlights - Prime Ikoyi Address: Ademola Street, off Awolowo Road, is a highly sought‑after residential enclave -- quiet, secure, and minutes from Falomo, VI, and major business hubs. - Strong Governor's Consent Title: Provides confidence for financing, partnerships, and future resale. - 10‑Floor Development Potential: Optimises land value in a low‑density area where high‑rise approvals are valuable. - Clear 55/45 Sharing Ratio: Favours the landowner, reflecting the prime location and existing approvals. - Upfront Premium: ₦200M payable at signing -- filters for serious, well‑capitalised developers. - Net Facilitator Fee: 10% Net implies no deduction for taxes or other costs -- the landowner bears the fee. --- ️ Development Potential - a 10‑storey residential block of flats -- likely comprising 2‑ and 3‑bedroom luxury apartments. - Estimated unit count: 20--30 flats (depending on design, floor plates, and setbacks). - Typical amenities: Ground floor lobby, parking, gym, swimming pool, backup power, water treatment, and 24/7 security. - Target market: Professionals, expatriates, and families seeking upscale rental or ownership in Ikoyi. --- Location Benefits -- Ademola Street, Ikoyi - Off Awolowo Road: One of Ikoyi's main arteries, providing excellent connectivity. - Proximity to Key Areas: Close to Ikoyi Club, Parkview Estate, Victoria Island, and Lagos Island. - Secure Environment: Low crime, well‑lit roads, and a prestigious community. - High Demand: Developments in this area consistently achieve premium rents and capital appreciation. --- Financial Structure - Land Contribution Value: ₦3.3075 Billion. - Premium (Upfront): ₦200 Million -- payable to landowner immediately upon JV contract signing. - Developer's Role: Provide 100% of construction financing, bank guarantee (likely), project management, and sales/letting. - Profit Sharing: 55% Landowner / 45% Developer -- after recovery of agreed development costs. - Facilitator's Fee: 10% Net of land value (≈ ₦330.75 Million), typically paid from the landowner's share upon JV execution. --- Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming acceptance of the 55/45 sharing ratio and premium payment. 2. Company Profile -- with verifiable evidence of luxury high‑rise (10+ floors) projects in Ikoyi, VI, or Banana Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦8B--₦15B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with a 10‑floor block of flats. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide the Governor's Consent document, survey, and arrange a site inspection. Ideal Partner Profile: - A reputable real estate development firm with a proven track record in multi‑storey residential projects in prime Lagos locations. - Strong financial capacity and ability to fund construction without sole reliance on off‑plan sales. Ademola Street, Ikoyi -- 55/45 JV, 10 floors, Governor's Consent, ₦200M premium. Serious developers only with proof of funds and luxury track record.
Ademola Street South West, Off Awolowo Road, Ikoyi, Lagos
1323 sqm
Ac Valour International
Premium
₦3,307,500,000
Residential land joint venture
1, 323 SQM Joint Venture
Joint Venture Opportunity -- Ademola Street South West, off Awolowo Road, Ikoyi, Lagos 1,323 SQM Governor's Consent Title Land Value: ₦2.5M per SQM Proposed: 10 Floors (Blocks of Flats) Sharing: 55/45 Premium: ₦200M Facilitator's Fee: 10% (NET) --- Property & JV Overview - Location: Ademola Street South West, off Awolowo Road, Ikoyi, Lagos. A prime, quiet residential street in one of Ikoyi's most prestigious neighbourhoods. - Land Size: 1,323 SQM. - Title: Governor's Consent -- strong, state‑granted title ensuring legal security and bankability. - Land Value: ₦2,500,000 per SQM. - Total Land Value: ₦3,307,500,000 (≈ ₦3.31 Billion). - Proposed Development: 10 floors of residential flats (blocks of flats). - JV Sharing Formula: 55% Landowner / 45% Developer. - Premium: ₦200,000,000 (payable immediately upon JV contract signing). - Facilitator's Fee: 10% (NET) of land value (≈ ₦330.75 Million), payable upon JV agreement. --- Key Highlights - Prime Ikoyi Address: Ademola Street, off Awolowo Road, is a highly sought‑after residential enclave -- quiet, secure, and minutes from Falomo, VI, and major business hubs. - Strong Governor's Consent Title: Provides confidence for financing, partnerships, and future resale. - 10‑Floor Development Potential: Optimises land value in a low‑density area where high‑rise approvals are valuable. - Clear 55/45 Sharing Ratio: Favours the landowner, reflecting the prime location and existing approvals. - Upfront Premium: ₦200M payable at signing -- filters for serious, well‑capitalised developers. - Net Facilitator Fee: 10% Net implies no deduction for taxes or other costs -- the landowner bears the fee. --- ️ Development Potential - a 10‑storey residential block of flats -- likely comprising 2‑ and 3‑bedroom luxury apartments. - Estimated unit count: 20--30 flats (depending on design, floor plates, and setbacks). - Typical amenities: Ground floor lobby, parking, gym, swimming pool, backup power, water treatment, and 24/7 security. - Target market: Professionals, expatriates, and families seeking upscale rental or ownership in Ikoyi. --- Location Benefits -- Ademola Street, Ikoyi - Off Awolowo Road: One of Ikoyi's main arteries, providing excellent connectivity. - Proximity to Key Areas: Close to Ikoyi Club, Parkview Estate, Victoria Island, and Lagos Island. - Secure Environment: Low crime, well‑lit roads, and a prestigious community. - High Demand: Developments in this area consistently achieve premium rents and capital appreciation. --- Financial Structure - Land Contribution Value: ₦3.3075 Billion. - Premium (Upfront): ₦200 Million -- payable to landowner immediately upon JV contract signing. - Developer's Role: Provide 100% of construction financing, bank guarantee (likely), project management, and sales/letting. - Profit Sharing: 55% Landowner / 45% Developer -- after recovery of agreed development costs. - Facilitator's Fee: 10% Net of land value (≈ ₦330.75 Million), typically paid from the landowner's share upon JV execution. --- Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming acceptance of the 55/45 sharing ratio and premium payment. 2. Company Profile -- with verifiable evidence of luxury high‑rise (10+ floors) projects in Ikoyi, VI, or Banana Island. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦8B--₦15B+). 4. Bank Guarantee -- ability to provide a performance guarantee as required. 5. Preliminary Concept Note -- initial design and timeline aligned with a 10‑floor block of flats. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide the Governor's Consent document, survey, and arrange a site inspection. Ideal Partner Profile: - A reputable real estate development firm with a proven track record in multi‑storey residential projects in prime Lagos locations. - Strong financial capacity and ability to fund construction without sole reliance on off‑plan sales. Ademola Street, Ikoyi -- 55/45 JV, 10 floors, Governor's Consent, ₦200M premium. Serious developers only with proof of funds and luxury track record.
Ademola Street South West, Off Awolowo Road, Ikoyi, Lagos
1323 sqm
Ac Valour International
Showing 1–20 of 94 properties
Area Guide
About Ikoyi, Nigeria
By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.
Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.
Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.
There are 94 available furnished flats, houses, land and commercial property joint venture in Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.
