A rare Joint Venture (JV) opportunity has emerged in Old Ikoyi, one of Lagos’ most prestigious residential and investment hubs. This is a high-potential property, ideal for developers looking to deliver luxury apartments or penthouses in a prime location with strong market demand.
This is not a listing from multiple brokers — my direct link is engaging with the company in charge, meaning communication is direct, the process is fast, and the opportunity can close quickly for serious investors.
📍 Location
Reeves Road, Old Ikoyi, Lagos
Old Ikoyi remains one of the most sought-after neighborhoods in Lagos due to:
- Proximity to the financial districts and Lekki-Epe expressway
- Prestigious residences and luxury estates
- Easy access to Victoria Island, Ikoyi, and major commercial hubs
- Established infrastructure, utilities, and security
- High capital appreciation and rental demand
The property is positioned to deliver both strong returns and long-term value.
📐 Land Details
Size: 1,899.94 sqm
Type: Dry land, fenced, ready for construction
This property is immediately ready for development, eliminating common delays in site preparation or clearance. The land configuration allows for optimal building layout and maximum utilization for luxury residential projects.
💰 Land Value & Premium
Value: ₦3.3 Million per sqm
Premium: ₦500 Million
Given its prime location, ready-to-build status, and prestigious neighborhood, the land pricing reflects both the strategic value and the development potential for luxury residential projects.
📜 Title
Certificate of Occupancy (C.O. of O)
The land comes with a clear and bankable title, making it suitable for financing, JV structuring, and legal due diligence.
🏗 Proposed Development
Luxury Block of Flats & Penthouses – 11 Floors
The JV structure allows developers to build a high-end, multi-floor luxury apartment project with penthouses, targeting:
- Corporate executives
- High-net-worth individuals
- Diplomats and expatriates
- Investors seeking premium rental income
This property is ideal for projects that combine modern design, luxury finishes, and prime Old Ikoyi location, which are consistently in high demand.
💼 JV & Facilitator Details
Sharing: To Be Determined (TBD)
Facilitator’s Fee: 10%
Prerequisite Documents: Letter of Intent (LOI), Company Profile, etc.
This ensures that only serious, capable, and financially ready developers engage, making the process smooth and professional.
✨ Why This JV is Exclusive
- Direct Link to the Company in Charge: Quick negotiation and fast closure
- Prime Location: Old Ikoyi, a neighborhood synonymous with luxury and high returns
- Ready-to-Build Fenced Land: Minimal site preparation required
- Luxury Development Opportunity: Perfect for high-rise apartments and penthouses
- Strong Market Demand: High rental and resale values in the area
📞 Contact / WhatsApp
Serious developers can reach out directly for inspection, proposal, and JV discussion:
Contact/WhatsApp: 08034139285