Mixed-use land joint venture
1.334 Hectares of Land
Sangotedo 1.334 hectares ₦2.4BN land value 55:45 JV a strategically positioned 1.334-hectare development site directly fronting the Lekki-Epe Expressway, in the Sangotedo growth corridor. Located Opposite Monastery Road By the Shoprite corridor Sangotedo, Lekki, Lagos This is a 20-plot land assembly offering the scale required to create a meaningful real estate project---not another small residential development. The numbers Land Size: 20 Plots Total Area: 1.334 Hectares Land Value: ₦2.4 Billion Equivalent: ₦120 Million / Plot JV: 55% Developer / 45% Landowner Facilitator Fee: ₦240 Million Title: C of O in view Documentation: Available for due diligence. WHY this site? 01. Expressway frontage Direct visibility onto the Lekki-Epe Expressway creates a strong platform for developments that depend on accessibility, visibility and traffic exposure. 02. Development Scale 1.334 hectares gives a developer room to think beyond individual units. Potential concepts could include: - Residential estate - Mixed-use development - Commercial destination - Retail + residential scheme - Hospitality concept - Medical/office development - Purpose-built investment property Final use remains subject to planning, zoning and regulatory approvals. 03. Sangotedo is moving from periphery to destination The corridor continues to attract residential, retail and infrastructure-led development. Being positioned around the Monastery Road / Shoprite / Lekki-Epe Expressway axis gives this parcel a strategic location within that growth story. The value creation thesis ₦2.4BN land position 1.334 hectares of development scale strategic expressway frontage design + approvals + Development Targeted ₦10BN+ Development Value Potential The ₦10BN+ figure is a development potential scenario, not a guaranteed valuation, and would ultimately depend on the approved scheme, sellable/rentable area, construction costs, financing, market pricing and execution. This opportunity is particularly suited to: - Experienced property developers - Private equity / real estate investment groups - HNWIs seeking development exposure - Family offices - Institutional capital partners - Strategic JV development companies If your investment strategy is to acquire strategic land, create development value and monetize at scale, this is worth putting through your investment committee. Survey + due diligence available. Call / whatsapp +234 813 743 9166 +234 813 714 3886 n.e.w.s Realty Limited [email protected] [email protected]
