A fresh Joint Venture (JV) opportunity has just come to market at Royal Garden Estate, Ajah, one of the most reputable and well-organized residential estates within the Lekki–Ajah corridor of Lagos.
This opportunity is ideal for credible real estate developers and investors looking to deliver high-end residential units in a secure estate environment with strong buyer demand and long-term value appreciation.
📍 Location Overview – Royal Garden Estate, Ajah
Royal Garden Estate is known for its:
- Strategic position within Ajah, Lekki axis
- Easy access to Lekki–Epe Expressway
- Well-planned internal road network
- Gated and secured residential environment
- Proximity to schools, shopping malls, healthcare facilities, and business hubs
Detached duplexes within this estate consistently attract premium buyers and tenants, making it a highly desirable development location.
📐 Property Details
- Land Size: 1,000 square meters
- Transaction Type: Joint Venture (JV)
- Land Value: ₦400 Million
- Premium: Nil
The absence of a premium significantly reduces upfront financial exposure, allowing the developer to focus resources on construction quality and timely delivery.
🏘 Proposed Development (Landowner’s Preference)
The landowner has clearly stated a preferred development concept, which helps streamline discussions and approvals:
- Proposed Development: Residential
- Unit Mix:
• 2 units of 4-bedroom fully detached duplexes
• Each unit with a Boys’ Quarters (BQ)
This unit type aligns perfectly with the current demand for luxury family homes within estate environments on the Lekki–Ajah axis.
🤝 Joint Venture Structure
- Sharing Ratio: To Be Determined (TBD)
The final sharing arrangement will be agreed after:
- Development feasibility review
- Cost and revenue analysis
- Mutual alignment between the landowner and the developer
This provides flexibility for experienced developers to propose a bankable and mutually beneficial JV structure.
📑 Title & Documentation
- Title: Certificate of Occupancy (C of O)
A clean and recognized title ensures:
- Smooth due diligence
- Easier financing and approvals
- Reduced transaction risk
👷 Who Should Consider This JV?
This opportunity is best suited for:
- Developers experienced in luxury residential projects
- Investors seeking estate-based developments
- Firms looking to deliver premium detached homes
- Developers with strong execution and finishing capacity
Only serious and financially capable developers are encouraged to engage.
📞 Inspection & Enquiries
Site inspection and detailed discussions are strictly by appointment.
For enquiries, inspections, and further information:
📱 Call / WhatsApp: 08034139285
Conclusion
With a prime estate location, clean C of O title, zero premium, and a clear proposal for luxury 4-bedroom fully detached duplexes, this Joint Venture opportunity in Royal Garden Estate, Ajah represents a solid and low-risk development option for serious developers.
Early engagement is advised, as quality JV opportunities within established estates like Royal Garden are increasingly limited.
Real