Property in Estates, Lagos

Introducing an exclusive waterfront address in lekki phase 1 welcome to a luxury waterfront estate designed for those who understand value, prestige, and long-term growth. this isn't just land, it's a lifestyle. enjoy direct lagoon access with a state-of-the-art jetty, an exclusive boat club, and a premier fishing club, creating a private waterfront experience reserved for a select few. built for luxury living, the estate features: ️ fully paved road network ️ centralized water treatment system ️ bio-digester sewage system ️ underground drainage ️ reliable power distribution ️ solar-powered streetlights location: lekki phase 1 plot sizes: 500--1,200 sqm current price: ₦1,250,000 per sqm projected roi: 50--75% in 2 years with complete government approvals (governor's consent & building/layout approvals), this is a secure and strategic investment positioned in one of lagos' most prestigious districts. smart investors move early. waterfront properties don't stay undervalued for long. for inspection and enquiries: ️ queeneth 08147876929 [email protected] [email protected] get updated for more listings on @urbanquestrea...

Joint venture opportunity -- lekki foreshore estate, lekki 1,026 sqm lagos c of o land value: ₦1 billion (₦974,658 per sqm) proposal: block of flats (g+3) 50/50 sharing ratio --- property overview - location: lekki foreshore estate, off freedom way, lekki phase 1, lagos -- a prestigious waterfront-adjacent residential enclave offering serenity, security, and proximity to lekki's best amenities. - land size: 1,026 sqm. - title: lagos state certificate of occupancy (c of o) -- the highest form of title security in nigeria. - land value: ₦1,000,000,000. - price per sqm: ₦974,658. - jv structure: 50/50 profit sharing between landowner and developer. - proposal: block of flats (ground + 3 floors) -- optimized for this prime location. - status: bare land, ready for immediate development. --- key highlights - prime lekki foreshore location: one of lekki phase 1's most exclusive neighborhoods, offering quiet, secure living with easy access to freedom way, chevron, victoria island, and the lekki-epe expressway. - superior title security: lagos c of o provides absolute ownership certainty -- bankable, transferable, and ready for jv financing without title perfection concerns. - optimal development scale: 1,026 sqm is perfectly sized for a g+3 block of flats -- maximizing density while maintaining quality and livability. - developer-friendly terms: 50/50 sharing with land valued at ₦974,658/sqm offers attractive economics for a well-executed flat project. - clear proposal: landowner is open to a block of flats -- a proven product type in this high-demand rental and sales market. --- ️ development potential -- block of flats (g+3) 1,026 sqm in lekki foreshore is ideal for: - luxury apartment block: ground + 3 floors of high-end flats. - estimated built-up area: approx. 3,000--3,500 sqm (depending on design and floor plates). - unit mix potential: - 2-bedroom flats - 3-bedroom flats (duplex-style or single-level) - select penthouses on top floor - estimated unit count: 12--18 luxury flats, depending on unit sizes and configuration. - amenities: secure parking, gym, concierge, landscaped courtyard. - target market: young professionals, expatriates, corporate tenants, and downsizing executives seeking luxury rental accommodation in a prime lekki location. --- jv structure & market context component details land contribution 1,026 sqm (valued at ₦1b) developer role 100% construction funding sharing ratio 50/50 of completed units/sales title status lagos c of o (perfected) per sqm valuation ₦974,658 proposed development block of flats (g+3) - per sqm benchmark: lekki foreshore land with c of o typically ranges from ₦900,000--₦1.2m/sqm. at ₦974,658/sqm valuation, this is competitively positioned. - title premium: lagos c of o provides maximum security and bankability -- a significant advantage over deed of assignment jvs. - jv appeal: 50/50 is a balanced split in this micro-market, incentivizing quality development while rewarding landowner contribution. - rental & sales demand: lekki foreshore commands premium rents and sales prices due to its exclusivity and proximity to key employment hubs. --- next steps for interested developers 1. letter of intent (loi) -- express interest and capacity. 2. company profile -- demonstrate track record in luxury flat developments. 3. proof of funds -- evidence of construction financing capability. 4. site inspection -- physical viewing of the property. 5. development proposal -- detailed concept, unit mix, floor plans, financial projections. 6. meeting with owner -- direct negotiation and jv finalization. --- ideal for: established developers seeking a well-located jv opportunity in lekki phase 1's most desirable residential enclave, with perfected c of o title and a clear focus on luxury flat development. a prime 1,026 sqm c of o parcel in lekki foreshore -- ready for a 50/50 jv partnership to deliver a landmark g+3 block of luxury fla...

Joint venture opportunity -- lekki foreshore off freedom way 2,000 sqm deed of assignment 50/50 sharing ratio land value: ₦1.7 billion (₦850,000 per sqm) proposal: blocks of luxury flats --- property overview - location: lekki foreshore estate, off freedom way, lekki phase 1, lagos -- a prestigious waterfront-adjacent residential enclave offering serenity, security, and proximity to lekki's best amenities. - land size: 2,000 sqm. - title: deed of assignment (developer to facilitate perfection to governor's consent). - land value: ₦1,700,000,000. - price per sqm: ₦850,000. - jv structure: 50/50 profit sharing between landowner and developer. - proposal: blocks of luxury flats -- designed for maximum roi in this prime location. - status: bare land, ready for immediate development. --- key highlights - prime lekki foreshore location: one of lekki phase 1's most exclusive neighborhoods, offering quiet, secure living with easy access to freedom way, chevron, victoria island, and the lekki-epe expressway. - substantial scale: 2,000 sqm provides excellent flexibility for a landmark residential development -- rare in this established locale. - developer-friendly terms: 50/50 sharing with land valued at ₦850,000/sqm offers attractive economics for a well-executed luxury flat project. - clear proposal: landowner is open to blocks of luxury flats -- a proven product type in this high-demand rental and sales market. - strong title pathway: deed of assignment provides a clear path to governor's consent -- a standard process that enhances bankability. --- ️ development potential -- blocks of luxury flats 2,000 sqm in lekki foreshore is ideal for: - luxury apartment block: 15--20 high-end flats across 4--5 floors. - unit mix potential: - 2-bedroom flats - 3-bedroom flats (duplex-style or single-level) - select penthouses on top floor - amenities: secure parking, gym, concierge, landscaped courtyard. - target market: young professionals, expatriates, corporate tenants, and downsizing executives seeking luxury rental accommodation in a prime lekki location. --- jv structure & market context component details land contribution 2,000 sqm (valued at ₦1.7b) developer role 100% construction funding sharing ratio 50/50 of completed units/sales title status deed of assignment -- developer to perfect to gov's consent per sqm valuation ₦850,000 proposed development blocks of luxury flats - per sqm benchmark: lekki foreshore land with good title typically ranges from ₦800,000--₦1.1m/sqm. at ₦850,000/sqm valuation, this offers a fair entry point for a jv partnership. - jv appeal: 50/50 is a balanced split in this micro-market, incentivizing quality development while rewarding landowner contribution. - rental & sales demand: lekki foreshore commands premium rents and sales prices due to its exclusivity and proximity to key employment hubs. --- next steps for interested developers 1. letter of intent (loi) -- express interest and capacity. 2. company profile -- demonstrate track record in luxury flat developments. 3. proof of funds -- evidence of construction financing capability. 4. site inspection -- physical viewing of the property. 5. development proposal -- detailed concept, unit mix, floor plans, financial projections. 6. meeting with owner -- direct negotiation and jv finalization. --- ideal for: established developers seeking a well-located jv opportunity in lekki phase 1's most desirable residential enclave, with a clear focus on luxury flat development. a fresh 50/50 jv mandate on 2,000 sqm in lekki foreshore -- ready for serious engagement from capable develope...

Orange island estate phase 1, lekki 800 sqm bare land phase 1 c of o title ₦675 million ₦843,750 per sqm --- property overview - location: orange island estate phase 1, lekki, lagos -- a prestigious, well-planned residential estate in one of lekki's most desirable corridors. - land size: 800 sqm. - title: certificate of occupancy (c of o) -- the highest form of title security in nigeria. - asking price: ₦675,000,000. - price per sqm: ₦843,750. - status: bare land, ready for immediate development. --- key highlights - premium estate address: orange island estate phase 1 is a sought-after gated community offering security, paved roads, drainage, and a serene environment -- highly valued by discerning homeowners and investors. - strongest possible title: c of o provides absolute ownership certainty -- bankable, transferable, and ready for financing. - phase 1 advantage: being in phase 1 of the estate typically means better plots, established infrastructure, and prime positioning within the community. - immediate development: bare land means no demolition or relocation costs -- construction can commence upon acquisition. - great delight for smart developers: at ₦843,750/sqm with c of o, this represents solid value in a prime estate location. --- ️ development potential 800 sqm in orange island estate phase 1 is ideal for: - luxury detached villa: spacious family home with pool, gardens, and staff quarters. - twin duplexes: two high-end units -- live in one, rent or sell the other. - boutique townhouse development: 3--4 luxury terrace units. - corporate guest house: executive accommodation in a secure, prestigious setting. --- market context metric value land size 800 sqm total price ₦675,000,000 per sqm price ₦843,750 market range (orange island) ₦800,000--₦950,000/sqm title status c of o - per sqm benchmark: at ₦843,750/sqm, this is competitively positioned within orange island estate's current land market, where c of o--titled plots typically range from ₦800,000--₦950,000/sqm depending on exact location and plot characteristics. - title premium: c of o commands a significant premium over lesser titles -- offering peace of mind and immediate bankability. - scarcity factor: phase 1 plots in established estates are increasingly rare -- most have been developed or held long-term. --- ideal for: homebuilders seeking a secure, titled plot in a prestigious lekki estate; developers targeting the mid-to-upper residential market; investors wanting a bankable asset with strong appreciation potential. a fresh 800 sqm c of o offering in orange island estate phase 1 -- ready for immediate action. great delight for smart developers inde...

Joint venture opportunity -- freedom way, lekki phase 1 2,500 sqm deed of assignment 50/50 sharing ratio land value: ₦2 billion (₦800,000 per sqm) --- property overview - location: freedom way, lekki phase 1, lagos -- one of the most prestigious and sought-after streets in lekki phase 1, offering seamless connectivity to victoria island, ikoyi, and the wider lekki corridor. - land size: 2,500 sqm. - title: deed of assignment (buyer/partner to perfect to governor's consent). - land value: ₦2,000,000,000. - price per sqm: ₦800,000. - jv structure: 50/50 profit sharing between landowner and developer. - status: bare land, ready for immediate development. --- key highlights - prime freedom way location: freedom way is a premier address in lekki phase 1, home to luxury residences, corporate offices, and high-end developments. its direct link to the lekki-epe expressway and proximity to victoria island make it a strategic choice for any development. - substantial scale: 2,500 sqm offers significant flexibility for a landmark project -- rare in this built-up, high-demand location. - developer-friendly terms: 50/50 sharing with land valued at ₦800,000/sqm provides attractive economics for a well-executed project. - strong title pathway: while currently on deed of assignment, the path to governor's consent is clear -- a standard process that enhances bankability and value. - high roi potential: freedom way's prestige and accessibility ensure strong demand for both residential and commercial developments. --- ️ development potential 2,500 sqm on freedom way is ideal for: - luxury apartment block: 20--30 high-end flats across 5--6 floors. - terrace duplex cluster: 10--12 luxury terrace units. - mixed-use development: ground-floor retail/offices + residential above (subject to approvals). - corporate headquarters: flagship office building for a multinational or financial institution. - boutique hotel: 50--60 rooms with premium amenities. --- jv structure & market context component details land contribution 2,500 sqm (valued at ₦2b) developer role 100% construction funding sharing ratio 50/50 of completed units/sales title status deed of assignment -- developer to facilitate governor's consent per sqm valuation ₦800,000 - per sqm benchmark: freedom way land with good title typically ranges from ₦750,000--₦1.1m/sqm. at ₦800,000/sqm valuation, this offers a fair entry point for a jv partnership. - jv appeal: 50/50 is a balanced split in this prime micro-market, incentivizing quality development while rewarding landowner contribution. - scarcity factor: parcels of this size on freedom way are increasingly rare -- most have been developed or subdivided. --- next steps for interested developers 1. letter of intent (loi) -- express interest and capacity. 2. company profile -- demonstrate track record in luxury developments. 3. proof of funds -- evidence of construction financing capability. 4. site inspection -- physical viewing of the property. 5. development proposal -- preliminary concept, unit mix, financial projections. 6. meeting with owner -- direct negotiation and jv finalization. --- ideal for: established developers seeking a flagship jv opportunity on one of lekki phase 1's most prestigious streets; investors wanting exposure to prime lekki real estate through a partnership model. a clear 50/50 jv mandate on 2,500 sqm on freedom way, lekki phase 1 -- ready for serious engageme...

Experience privacy, space, and comfort in this well-built 4-bedroom fully detached home with boys' quarters, situated within the secure and well-developed environment of lekki county estate. designed for modern family living, this residence offers generous interiors, quality finishes, and a peaceful estate setting. location: lekki county, lagos price: ₦180,000,000 title: governor's consent - building approval available features & amenities: all bedrooms ensuite - boys' quarters - spacious living areas - fully fitted kitchen - secure estate - well-maintained road network - ample parking space payment plan: outright payment upon completion of documentation. send a dm or call to arrange a private inspecti...

Step into spacious elegance with this well-crafted 5-bedroom terrace featuring a boys' quarters and a dedicated study, perfectly positioned within the secure and well-developed environment of lekki county estate. designed for modern family living, this home offers comfort, functionality, and privacy in one of lekki's most sought-after residential communities. location: lekki county, lagos price: ₦400,000,000 title: governor's consent - building approval available features & amenities: all rooms ensuite - boys' quarters - study room - spacious living areas - fully fitted kitchen - ample parking space - secure estate - well-connected road network payment plan: outright payment upon completion of documentation. send a dm or call to arrange a private inspecti...

Discover refined living in this spacious 5-bedroom fully detached residence with boys' quarters, thoughtfully positioned within the secure and well-developed environment of lekki county estate. designed for comfort and functionality, this home offers generous living spaces, privacy, and the serenity of estate living in one of lekki's most desirable communities. location: lekki county, lagos price: ₦400,000,000 title: governor's consent - building approval available features & amenities: all rooms ensuite - boys' quarters - spacious living areas - fully fitted kitchen - ample parking space - secure estate - well-connected road network payment plan: outright payment upon completion of documentation. send a dm or call to arrange a private inspecti...

Experience comfortable and luxurious living in this 5-bedroom fully detached home with boys' quarters, located in a secure and well-developed estate in ajah. perfect for families seeking space, privacy, and a serene environment. location: ajah, lagos price: ₦220,000,000 title: governor's consent - building approval available features & amenities: all rooms ensuite - boys' quarters - spacious living areas - fully fitted kitchen - ample parking - secure estate - well-connected road network payment plan: outright payment upon completion of documentation. send a dm or call to arrange a private inspecti...

Experience comfortable and secure living in this 4-bedroom terrace with boys' quarters, located in a well-developed estate in ajah. ideal for families seeking space, privacy, and convenience. location: ajah, lagos price: ₦155,000,000 title: governor's consent features & amenities: all rooms ensuite - boys' quarters - spacious living areas - fully fitted kitchen - ample parking - secure estate - well-connected road network payment plan: outright payment upon completion of documentation. send a dm or call to arrange a private inspecti...

Step into a stylish 4-bedroom semi-detached house with boys' quarters, perfectly situated in a secure and well-connected neighborhood in abraham adesanya. designed for families seeking convenience, privacy, and functional living spaces. location: abraham adesanya, lagos price: ₦130,000,000 title: governor's consent - building approval available features & amenities: all rooms ensuite - boys' quarters - generous living areas - fully fitted kitchen - ample parking - secure estate - well-maintained road network payment plan: outright payment upon completion of documentation. send a dm or call to arrange a private inspecti...

Step into refined comfort with this well-built 4-bedroom fully detached home with boys' quarters, positioned within a secure and accessible neighborhood in abraham adesanya. designed to offer privacy, generous space, and everyday convenience in a fast-growing residential hub. location: abraham adesanya, lagos price: ₦190,000,000 title: governor's consent - building approval available features & amenities: all rooms ensuite - boys' quarters - expansive living areas - fully fitted kitchen - ample parking space - secure estate - good road network payment plan: outright payment upon completion of documentation. send a dm or call to arrange a private inspecti...

Enjoy secure and convenient living in this well-designed 3-bedroom terrace, positioned within a serene and accessible neighborhood in ajah. ideal for homeowners and investors seeking comfort and value. location: ajah, lagos price: ₦120,000,000 title: certificate of occupancy (c of o) - building approval in progress features & amenities: all rooms ensuite - spacious living areas - fully fitted kitchen - ample parking space - secure estate - good road network payment plan: outright payment upon completion of documentation. send a dm or call to arrange a private inspecti...

Step into elevated comfort with this well-crafted 5-bedroom fully detached residence, situated within a secure and well-developed neighborhood in ajah. designed to offer generous space, privacy, and everyday convenience. location: ajah, lagos price: ₦180,000,000 title: governor's consent - building approval available features & amenities: all rooms ensuite - spacious living areas - fully fitted kitchen - boys' quarters - ample parking space - secure estate - good road network payment plan: outright payment upon completion of documentation. send a dm or call to arrange a private inspecti...

For sale -- prime investment property in sangotedo a luxury finished 3-bedroom apartment with 7 units of mini flats, sitting on 650sqm in a serene and fully access-controlled estate at sangotedo. price: ₦250,000,000 title: certificate of occupancy (c of o) this property is a perfect income-generating asset --- ideal for short-let business, guest house, or serviced apartments, strategically located close to the estate gate for easy accessibility. high rental yield potential. secure environment. premium finishing. whatsapp now for inspection and further detai...

Bulk land investment -- jakande, lekki corridor 17 hectares dual expressway & coastal road frontage government setback ₦5 billion per hectare ₦500,000 per sqm price increasing soon --- property overview - location: jakande, lekki-ajah corridor, lagos -- strategically positioned facing both the lekki-epe expressway and the coastal road, with government-standard setbacks. - total land size: 17 hectares (170,000 sqm). - sale structure: available per hectare (10,000 sqm units). - price per hectare: ₦5,000,000,000. - price per sqm: ₦500,000. - access: excellent connectivity to victoria island, lekki phase 1, and emerging lekki free zone developments. - status: prime bulk land with dual road frontage -- rare and highly valuable. --- key highlights - dual expressway & coastal road frontage: facing both major arteries -- a rare configuration that maximizes visibility, access, and development value. government-standard setbacks already observed. - strategic location: jakande sits at the heart of lekki's growth corridor, with seamless access to victoria island, lekki phase 1, chevron, and the lekki free zone. - bulk purchase advantage: acquire from 1 hectare upward -- ideal for phased development, land banking, or large-scale projects. - urgent pricing window: at ₦500,000/sqm, this is attractively priced for bulk land with dual frontage. price increase imminent -- early entry recommended. - infrastructure-linked: proximity to the coastal road project and lekki-epe expressway ensures long-term appreciation and connectivity. --- ️ development potential per hectare (10,000 sqm) and across the full 17 hectares, suitable for: - gated residential estate: phased development of luxury homes, terraces, and apartments. - mixed-use township: retail, commercial, and residential integration. - logistics & industrial park: leveraging expressway access. - educational institution: campus development with road frontage. - healthcare city: hospital, clinics, and medical facilities. - entertainment hub: cinema, retail, food court, and recreational spaces. --- market context metric value price per hectare ₦5,000,000,000 price per sqm ₦500,000 total site (17 hectares) ₦85,000,000,000 market range (jakande corridor) ₦450,000--₦650,000/sqm frontage premium dual expressway + coastal road - per sqm benchmark: at ₦500,000/sqm, this is competitively positioned within the jakande--lekki corridor, where bulk land with good title and road frontage ranges from ₦450,000--₦650,000/sqm. - dual frontage value: facing both the lekki-epe expressway and coastal road adds significant premium -- rarely available in a single parcel. - appreciation trajectory: with ongoing coastal road construction and lekki free zone expansion, this corridor is poised for substantial value growth. --- urgency note price will increase soon. current pricing represents an entry window for smart investors and developers. key in now to secure at ₦500,000/sqm before revision. --- ideal for: large-scale developers, investment consortia, institutional buyers, land banking funds, and strategic investors seeking prime lekki corridor exposure with dual road frontage. a rare 17-hectare offering with dual expressway and coastal road frontage -- buy per hectare or bulk. price increasing short...

For sale -- lekki phase 1 proper 2,394 sqm mixed-use development land with existing structure governor's consent title ₦4 billion ₦1.67 million per sqm --- property overview - reference: l - p/26 - 20 - location: lekki phase 1 proper, lagos -- the most established and prestigious residential and commercial address on the lekki peninsula. - land size: 2,394 sqm. - current improvements: structure on site (can be renovated, leased, or demolished for redevelopment). - title: governor's consent -- perfected, bankable, and ready for transfer. - purpose: mixed-use (residential/commercial development potential). - asking price: ₦4,000,000,000. - price per sqm: ₦1,670,000 (approx.). --- key highlights - lekki phase 1 proper: not phase 1 extension -- this is core lekki phase 1, commanding premium value, instant recognition, and proximity to the peninsula's best amenities. - superior title security: governor's consent provides absolute ownership certainty -- bankable, transferable, and ready for financing. - substantial scale: at nearly 2,400 sqm, this is one of the largest available development parcels in built-up lekki phase 1 -- a rare institutional-grade asset. - mixed-use zoning: flexibility for residential, commercial, or combined development -- maximizing roi potential. - existing structure adds value: the structure on land offers immediate utility (rental income, caretaker accommodation) while planning redevelopment. - prime demographics: surrounded by high-net-worth residents, corporate offices, and luxury amenities -- ensuring strong demand for any development. --- ️ development potential 2,394 sqm in lekki phase 1 proper offers exceptional flexibility: residential options: - luxury apartment block: 25--35 high-end flats across 5--6 floors. - terrace duplex cluster: 10--12 luxury terrace units. - gated mini-estate: 6--8 detached or semi-detached villas. commercial/mixed-use options: - boutique hotel: 40--50 rooms with amenities. - mixed-use complex: ground-floor retail/offices + residential above. - corporate headquarters: flagship office building for a multinational or financial institution. --- market context metric value land size 2,394 sqm total price ₦4,000,000,000 per sqm price ₦1,670,000 market range (lekki ph1) ₦1.5m--₦2.2m/sqm title status governor's consent - per sqm benchmark: at ₦1.67m/sqm, this is competitively positioned within lekki phase 1's current land market (₦1.5m--₦2.2m/sqm depending on exact street and plot characteristics). - scarcity factor: parcels exceeding 2,000 sqm with governor's consent in lekki phase 1 proper are increasingly rare -- most have been developed or subdivided. - structure value: the existing building provides immediate rental income potential during the approval and planning phase for redevelopment. --- investment angles - for the developer: acquire, demolish, and build a flagship mixed-use project in prime lekki phase 1. - for the investor: hold, collect rental income from existing structure, and sell later with planning approval uplift. - for the owner-occupier: renovate and occupy while developing portions of the land, or build a dream home with commercial component. --- ideal for: developers seeking a sizable, titled parcel for a landmark mixed-use project; investors wanting a bankable asset with immediate income and long-term appreciation; corporate entities seeking a flagship lekki phase 1 address. a rare 2,394 sqm governor's consent parcel in lekki phase 1 proper -- with existing structure and mixed-use potenti...

This is a contemporary residential development located in the serene and highly sought-after seagate estate, lagos. designed for comfort, elegance, and smart investment returns, this modern development offers spacious 2-bedroom apartments(carcass). price: ₦200,000,000 initial deposit: ₦60,000,000 flexible payment plan: spread balance over 7 months features & amenities: 24 hours security 24 hours uninterrupted power supply elevator access fully equipped gym swimming pool professional concierge service ample parking space modern architectural design why invest? excellent rental income potential secure gated estate environment high appreciation value. ideal for homeowners and investors whether you're looking for a stylish home or a smart real estate investment in lekki, it offers the perfect blend of luxury, location, and value. contact teabson homes today to schedule an inspection or secure your un...

Joint venture opportunity -- banana island, ikoyi 4,947.766 sqm prime residential land c of o title land value: ₦4,000,000 per sqm (₦19.79 billion total) proposal: flats, maisonettes & penthouses on 6 floors --- property overview - location: banana island, ikoyi, lagos -- africa's most exclusive waterfront residential enclave. - land size: 4,947.766 sqm (approximately half a hectare of prime banana island land). - zone: residential area -- surrounded by lagos's most elite homes and residents. - title: certificate of occupancy (c of o) -- the highest form of title security. - land value: ₦4,000,000 per sqm. - total land value: ₦19,791,064,000 (approx. ₦19.79 billion). - proposal: luxury flats, maisonettes, and penthouses across 6 floors. - jv structure: open to partnership between landowner and capable developer. --- key highlights - ultimate banana island address: the most prestigious residential address in nigeria -- home to billionaires, captains of industry, and diplomatic elite. - massive scale: at nearly 5,000 sqm, this is one of the largest available development parcels on banana island -- a true landmark opportunity. - superior title security: c of o provides absolute ownership certainty -- bankable and ready for jv financing. - premium residential zone: surrounded by existing high-value homes, ensuring immediate prestige and long-term value appreciation. - 6- floor development potential: flats, maisonettes, and penthouses -- a mix that caters to different luxury buyer profiles while maximizing returns. - rare offering: land of this size on banana island is virtually extinct -- this is a generational opportunity. --- ️ development potential 4,947.766 sqm -- 6 floors of luxury residential - total built-up area: approx. 20,000--25,000 sqm (depending on design and floor plates). - unit mix potential: - luxury 2/3/4-bedroom flats - spacious maisonettes (duplex-style units) - premium penthouses with private terraces - estimated unit count: 40--60 luxury units, depending on unit sizes and configuration. - amenities: swimming pool, gym, concierge, secure parking, lush landscaping. - target market: ultra-high-net-worth nigerians, diaspora buyers, expatriates, diplomatic corps. --- market context metric value land size 4,947.766 sqm per sqm valuation ₦4,000,000 total land value ₦19.79 billion market range (banana island) ₦3.5m--₦6m/sqm jv sharing to be negotiated - per sqm benchmark: at ₦4m/sqm, this land is competitively positioned within banana island's current market range (₦3.5m--₦6m/sqm depending on waterfront access, exact location, and plot characteristics). - scarcity value: parcels exceeding 4,000 sqm in banana island's residential zone are exceptionally rare -- most have been developed or subdivided. - development upside: a well-executed luxury development on this site could achieve gross development value (gdv) of ₦40b--₦60b+, depending on unit mix and market conditions at completion. --- ️ jv structure (typical) party contribution sharing (negotiable) landowner land (c of o, valued at ₦19.79b) 40--50% of completed units/sales developer 100% construction funding 50--60% of completed units/sales - facilitator's fee: applicable as agreed with introducing agent. --- requirements for interested developers 1. letter of intent (loi) -- formal expression of interest. 2. company profile -- track record in luxury, large-scale developments. 3. proof of funds -- evidence of construction financing capacity (minimum ₦15b--₦20b project cost). 4. development proposal -- preliminary concept, unit mix, architectural vision, financial projections. 5. site inspection -- physical viewing of this landmark parcel. 6. jv negotiation -- direct engagement with landowner to finalize terms. --- ideal for: top-tier developers with proven experience in ultra-luxury, large-scale residential projects; institutional investors seeking a flagship banana island development. a once-in-a-generation opportunity -- nearly 5,000 sqm of c of o--titled land on banana island, ready for a world-class luxury residential development. serious and capable developers only. this is the pinnacle of nigerian real esta...

Joint venture opportunity -- lekki phase 1 proper 1,154.48 sqm lagos c of o land value: ₦1.8 billion prime location high roi potential 50/50 sharing (tbd) --- property overview - location: lekki phase 1 proper, lagos -- the gold standard of lekki living, offering unmatched prestige, security, and proximity to the peninsula's best amenities. - land size: 1,154.48 sqm. - title: lagos state certificate of occupancy (c of o) -- the highest form of land title in lagos. - land value: ₦1,800,000,000. - price per sqm: ₦1,559,000 (approx.). - jv structure: profit sharing between landowner and developer (ratio to be negotiated -- typically 50/50). - proposal: high-roi residential or mixed-use development. --- key highlights - lekki phase 1 proper: not phase 1 extension or fringes -- this is core lekki phase 1, commanding premium value and instant recognition. - superior title security: lagos c of o provides absolute ownership security -- bankable, transferable, and ready for financing. - substantial scale: 1,154 sqm offers exceptional flexibility for a landmark development -- rare in this built-up, high-demand location. - prime demographics: surrounded by high-net-worth residents, corporate headquarters, and luxury amenities -- ensuring strong demand for completed units. - jv flexibility: open to negotiating a win-win structure with a capable developer. --- ️ development potential 1,154 sqm in lekki phase 1 proper is ideal for: - luxury apartment block: 15--20 high-end flats across 4--5 floors. - terrace duplex cluster: 6--8 luxury terrace units. - gated mini-estate: 4--5 detached or semi-detached villas. - mixed-use development: ground-floor retail/offices + residential above (subject to approvals). --- market context metric value land size 1,154.48 sqm land value ₦1,800,000,000 per sqm valuation ₦1,559,000 market range (lekki ph1) ₦1.5m--₦2.2m/sqm jv sharing to be negotiated (50/50 typical) - per sqm benchmark: at ₦1.56m/sqm valuation, this land is competitively positioned within lekki phase 1's current market range (₦1.5m--₦2.2m/sqm depending on exact street and plot characteristics). - scarcity factor: plots of this size with c of o in lekki phase 1 proper are increasingly rare -- most have been developed or subdivided. --- next steps for interested developers 1. letter of intent (loi) -- express interest and capacity. 2. company profile -- demonstrate track record in luxury developments. 3. proof of funds -- evidence of construction financing capability. 4. site inspection -- physical viewing of the property. 5. development proposal -- concept, unit mix, financial projections. 6. jv negotiation -- agree on sharing ratio and terms with landowner. --- ideal for: established developers seeking a flagship jv opportunity in lagos's most prestigious residential address; investors wanting exposure to lekki phase 1's prime real estate market. a rare 1,154 sqm c of o parcel in lekki phase 1 proper -- ready for the right developer to create something exception...