Commercial land for sale
Exclusive Land Development Opportunity
A rare Joint Venture opportunity to develop a premium luxury residential tower in the prestigious Banana Island, Ikoyi. This prime 1,500.23sqm land parcel is strategically positioned within Lagos' most exclusive residential enclave, offering exceptional potential for a world-class high-rise development. The proposed development is designed to cater to the growing demand for ultra-luxury residences, featuring luxury apartments, maisonettes, and penthouses with premium lifestyle appeal. Property Details Location: Banana Island, Ikoyi, Lagos Land Size: 1,500.23sqm Land Value: ₦5,000,000 per sqm JV Structure: 50/50 Sharing Formula Premium: To Be Discussed Facilitator's Fee: 10% Proposed Development Concept 1st & 2nd Floors: Dedicated Car Parking 3rd, 4th & 5th Floors: Luxury Apartments 6th & 7th Floors: Four (4) Units of 4-Bedroom Maisonettes 8th Floor: Two (2) Luxury Penthouses Open to Additional Development Options Investment Highlights Prime Banana Island Location Elite Luxury Residential Neighborhood Ideal for High-Rise Residential Development Strong Demand for Premium Apartments Exceptional Capital Appreciation Potential Attractive roi Opportunity Global Market Appeal Ideal Developer / Partner This opportunity is strictly suitable for credible, experienced, and financially capable developers with proven track records in luxury real estate development. Requirements Proof of Development Capacity Required Serious Developers and Investors Only Due Diligence & Engagement Subject to Qualification Location Banana Island, Ikoyi, Lagos Land Size 1,500.23sqm Development Type Luxury High-Rise Residential Development JV Structure 50/50 Sharing Formula