Location: Simeone Akinolu Crescent, Four Point, by Sheraton Hotel, Oniru, Victoria Island, Lagos
📐 Land Area: 2,006 sqm
🏗️ Property: Existing Building Structure (Approval to demolish obtained)
📄 Title: Governor’s Consent
💰 Land Value: ₦3 Billion
💸 Premium: ₦200 Million
🤝 Sharing Ratio: Flexible (55/45 or 60/40 negotiable with owner)
💼 Facilitator’s Fee: 10%
🌇 Project Overview
This is an exclusive JV opportunity for a credible and accredited developer looking to execute a high-end residential project in Oniru, Victoria Island, one of Lagos’s most prestigious neighborhoods.
The property is strategically located along Simeone Akinolu Crescent, next to Four Point by Sheraton Hotel, providing excellent visibility, high rental potential, and premium market access.
The landowner seeks a developer with a proven track record of completed or ongoing projects in Ikoyi/Victoria Island, capable of delivering high-quality residential units with superior ROI.
🏗️ Proposed Development Concept
The landowner envisions a luxury residential project with:
- 56 units including 2, 3, 4-bedroom flats and penthouse apartments
- Modern architectural design with premium finishes
- Secure, landscaped environment with ample parking
- Rooftop amenities, gym, or pool options for added value
- High-quality construction to appeal to affluent Lagos residents and expatriates
Developer Flexibility:
- Developers can present their own proposal to maximize profitability and optimize the design for market demand
📊 Financial Snapshot
| Item | Description |
|---|---|
| Land Area | 2,006 sqm |
| Land Value | ₦3 Billion |
| Premium | ₦200 Million |
| Proposed Development | 56 Units (2, 3, 4-Bedroom Flats + Penthouses) |
| Sharing Ratio | 55/45 or 60/40 (negotiable) |
| Facilitator’s Fee | 10% of Land Value |
| Expected ROI | High, based on luxury residential demand in Oniru/Victoria Island |
🧾 Developer Requirements
The landowner requires a credible and verified developer with:
- Proven track record of completed high-end residential projects
- Ongoing projects in Ikoyi or Victoria Island demonstrating capability
- Ability to deliver a luxury project of 56 units with high-quality construction
- Capacity to provide financing, technical expertise, and project management
Required Documents for Consideration:
- Letter of Intent (LOI) – Expressing interest in the JV
- Company Profile – Demonstrating experience, capacity, and completed projects
- Project Proposal – Detailed design, financial forecast, and development plan
Only serious and verified developers will be considered for partnership.
🌍 Why Invest in Oniru, Victoria Island?
- Prime Location: Next to Four Point by Sheraton Hotel, providing high visibility
- High Rental Demand: Attracts affluent residents and expatriates
- Capital Appreciation: Oniru properties consistently show strong price growth
- Prestige & Security: Elite residential area with excellent infrastructure
This JV offers developers the chance to build a landmark luxury project in one of Lagos’s most desirable residential areas, ensuring maximum return on investment.
🤝 Joint Venture Terms
- Landowner Contribution: Land as equity
- Developer Contribution: Capital, technical expertise, and construction management
- Profit Sharing: Negotiable (55/45 or 60/40)
- Premium: ₦200 Million
- Facilitator Fee: 10%
This structure ensures a mutually beneficial partnership with high ROI potential for both parties.
📞 Contact & Next Steps
Serious developers and investors interested in this exclusive Oniru JV are invited to submit their:
- Letter of Intent (LOI)
- Company Profile
- Detailed Project Proposal
📱 Phone/WhatsApp: 08034139285
🔑 Summary Table
| Details | Description |
|---|---|
| Location | Simeone Akinolu Crescent, Oniru, Victoria Island |
| Land Area | 2,006 sqm |
| Land Value | ₦3 Billion |
| Premium | ₦200 Million |
| Proposed Development | 56 Units: 2,3,4-Bedroom Flats & Penthouse Apartments |
| Sharing Ratio | 55/45 or 60/40 (Negotiable) |
| Facilitator Fee | 10% |
| Developer Requirement | Credible, verified projects in Ikoyi / Victoria Island |
| Required Documents | LOI, Company Profile, Project Proposal |
🏁 Conclusion
This is a high-value JV opportunity in Oniru, Victoria Island for credible developers ready to deliver luxury residential units with strong ROI.
With approval to demolish existing structures, flexible sharing terms, and a prime location, this JV presents a rare opportunity to create a landmark property in Lagos.
👉 Contact us today to submit your proposal or schedule a site inspection. Only verified developers will be considered.