Semi-Direct Mandate | Prime Island Location | Secure Title
A rare Joint Venture development opportunity is now available within Gracefield Island, one of the most desirable and fast-growing residential enclaves along the Chevron Drive axis of Lagos. This offering is under a semi-direct mandate and is structured to engage serious, capacity-driven developers interested in delivering a high-quality residential or mixed-use project.
📍 LOCATION: GRACEFIELD ISLAND, CHEVRON – LAGOS
The land is strategically located:
- Within Gracefield Estate (Gravitas)
- At the end of Chevron Drive
- Beside Northern Foreshore Estate
This axis is known for:
- High demand from professionals and expatriates
- Gated estates and premium residential developments
- Easy access to Lekki, Victoria Island, and Ikoyi
- Strong rental yields and capital appreciation
Gracefield Island continues to attract developers focused on modern apartment blocks and serviced residences.
📐 LAND DETAILS
- Land Size: 8,000 square metres
- Property Type: Bare land
- Topography: Suitable for immediate development
- Environment: Secure, residential, and well-planned estate setting
📄 TITLE & DOCUMENTATION
- Title: Lagos State Certificate of Occupancy (C of O)
- Documentation is clean, secure, and available for verification, ensuring confidence and transparency for all JV partners.
🏗️ DEVELOPMENT PROPOSAL
The land is ideal for:
- Blocks of flats
- Serviced apartments
- Residential or mixed-use apartment development
The size allows for efficient architectural planning, parking provision, and modern amenities tailored to the Chevron market.
🤝 JOINT VENTURE STRUCTURE (KEY TERMS)
- JV Type: Joint Venture Development
- Sharing Formula: To Be Determined (TBD) – subject to discussion and agreement
- Premium: Nil
- Land Rate Reference: ₦650,000 per square metre
- Facilitator’s Fee: 10%
The JV structure is flexible and open to professional negotiation, allowing room for mutually beneficial terms based on development scope and funding capacity.
🎯 IDEAL PARTNERS
This opportunity is best suited for:
- Experienced real estate developers
- Corporate development firms
- Consortia with proven funding and execution capacity
- Developers with a track record in apartment or estate projects
❗ Only serious, verifiable developers should engage.
🌟 WHY THIS JV OPPORTUNITY STANDS OUT
- ✔ Prime Gracefield Island location
- ✔ Secure Lagos State C of O
- ✔ No premium required
- ✔ Flexible JV structure
- ✔ Ideal size for apartment development
- ✔ High demand rental and sales corridor
- ✔ Semi-direct mandate
🔍 INSPECTION & ENGAGEMENT
Inspections and detailed discussions will be arranged only with qualified and serious developers.
📞 Contact / WhatsApp: 08034139285
FINAL NOTE
This Joint Venture opportunity presents a strategic entry into the Chevron / Gracefield Island market, offering strong development potential and long-term returns. Developers with the right capacity and vision are encouraged to engage promptly.
Serious enquiries only.
ALL