Unfurnished Residential Land in Nigeria

Quick Filters Categories

Subtypes

Show all land types

Areas

Premium Plus Listing

Prime Residential Land Opportunity

Residential land joint venture

Awolowo Way, Ikeja, Lagos

Prime jv opportunity --- awolowo way / allen avenue, ikeja, lagos location: awolowo way (allen avenue), ikeja, lagos state asset: raw land for residential jv land size: 2,900 sqm title: certificate of occupancy (c of o) land value: ₦2,300,000,000 asking premium: n100m broker fee: 10% binded by imfpa executive summary a rare joint‑venture opportunity on awolowo way / allen avenue --- one of ikeja's most sought‑after corridors for residential development. the 2,900 sqm c of o land parcel is being offered for a residential jv. the owner is open to flexible structuring: partial outright sale of 900 sqm or a straight jv on the remaining land, or a full‑parcel jv with a defined premium. this is ideal for developers, private equity/platform investors, and institutional partners seeking prime land in ikeja. key investment highlights - premium location on awolowo way / allen avenue --- high demand for residential and mixed‑use development. - clear title: certificate of occupancy (c of o). - flexible deal structuring: sale of a portion or jv on remaining/full parcel. - attractive economics: land value indexed at ₦2.3b; negotiable premium for jv. - opportunity to deliver high‑value residential units or mixed residential product targeting professionals, executives and high‑net‑worth occupiers. pricing & deal scenarios 1. partial sale + jv (owner's preferred flexibility) - owner willing to sell 900 sqm outright for ₦900,000,000. - if 900 sqm is sold, remaining 2,000 sqm will be made available for jv without a separate premium. - this creates immediate liquidity for the owner and a jv platform on 2,000 sqm. 2. full‑parcel jv (no sale) - if the 2,900 sqm is retained for jv, the owner requires a premium of ₦100,000,000 (net) to structure the jv on the full parcel. - land value remains ₦2.3b; broker fee - standard broker fee: 10% of land value. - example calculation: 10% of ₦2,300,000,000 = ₦230,000,000. - an official imfpa breakdown for intermediaries & facilitators will be required as part of the procedure. suggested jv models - equity jv (land for equity): owner contributes land; developer provides design, approvals and construction finance. profits shared per agreed equity split. - development management jv: developer funds and manages construction; owner retains equity stake and receives developer fee plus profit share. - sale + joint development: buyer acquires 900 sqm (as proposed) and partners with owner on remaining 2,000 sqm for jv development. required documents & procedure (to commence discussions) 1. letter of intent (loi) from interested party. 2. company profile of the prospective developer/partner. 3. past project details / portfolio and references. 4. detailed jv proposal (proposed structure, capital plan, timeline, exit strategy). 5. then official imfpa breakdown for intermediaries & facilitators will be required to pre-negotiations between land owner & developer. next steps / how to proceed - submit loi and required documents listed above. - arrange a site inspection and meeting with the owner and kdl properties. - receive information pack: site plan, c of o copy, topography and preliminary survey (available on request). - negotiate jv term sheet: equity splits, premium mechanics, development timetable, approvals and exit terms. - proceed to legal and technical due diligence. note - premium for the full 2,900 sqm jv is currently stated as ₦100m (net) if the parcel is not split; owner remains open to negotiation. - broker fee acceptance (10%) is required in writing as part of the transaction process. - all figures and terms are subject to confirmation during due diligence. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties* ref: ef...

More details

₦2,300,000,000 The Build Centre Properties
09028190510

2,900 sqm Total Area
Save

Unfurnished Residential Land in Nigeria

Prime Residential Land Opportunity

Residential land joint venture

C Of O Land In A Prime Location

Residential land for sale

Lovely 3,500sqm Land Available

Residential land for sale

Lovely 2,900sqm Land Available

Residential land for sale

Lovely 5,913sqm Land Available

Residential land for sale

Lovely 2,024sqm Land Available

Residential land for sale

Lovely 500sqm Land Available

Residential land for sale

Lovely 966sqm Land Available

Residential land for sale

Lovely 1,000sqm Land Available

Residential land for sale

Lovely 592sqm Land Available

Residential land for sale

Lovely 800sqm Land Available

Residential land for sale

Lovely 1,200sqm Land

Residential land for sale

Lovely 4,000sqm Land

Residential land for sale

Lovely 2,500sqm Land Available

Residential land for sale

2 Plots Of Land Together

Residential land for sale

A Plot Of Land With Old Structure

Residential land for sale

1585 M2 Land

Residential land for sale

Land Available For Joint Venture

Residential land joint venture

1,230sqm, Residential, C Of O

Residential land for sale

1,773.81sqm, Residential, C Of O, Good Access Road.

Residential land for sale

Land

Residential land for sale

FAQs

How many furnished residential land in Nigeria are available?

Advanced Filter Options

Available land

Currently available land in Nigeria

Share this property list

Useful Links

Advertise/market your property on Nigeria Property Centre

Sign in or register to save