Land joint venture
Waterfront 20,000 SQM
Waterfront power move: 20,000 SQM lekki phase 1 extension dual carriageway frontage linking lekki foreshore to phase 1 This is Lekki's next waterfront headline. And it is 20,000 sqm of it. The Location That Commands Attention: Off Ladipo Latinwo Crescent, Lekki Phase 1 Extension. Sitting directly on the new dual carriageway connecting Lekki Foreshore to Lekki Phase 1. High visibility today, heavy traffic tomorrow. Certified survey plan in place. Clean for due diligence. *The Asset: - JV Land Size: 20,000 sqm. Owner holds 30,000 sqm total - Type: Waterfront. Direct access for premium residential, hospitality, or mixed-use - Note: Part of the land requires sandfilling. Factor this into project costing and timeline - Land Value: ₦1.5M per sqm. ₦30 Billion for 20,000 sqm *The JV Structure: - Sharing: 60/40. Developer 60%, Landowner 40% - Entry Premium: ₦900M non-refundable - Facilitation Fee: 10% *Why This Is a Play: - Connectivity: On the dual road linking Lekki Foreshore to Phase 1. Future traffic and visibility locked in - Waterfront: Direct water access for high-end living or hospitality - Scale: 20,000 sqm allows for a master-planned estate or phased development - Docs: Certified survey plan available. Ready for serious due diligence Who Moves Next: Send developer company profile, loi, agency letter, and proof of funds. Serious developers with capacity for waterfront projects only. *For inspection and survey review: Contact Us SlvWil
