CLOSEABLE JOINT VENTURE (JV) OPPORTUNITY – PRIME CORNER PIECE LAND IN IKATE, LEKKI

We are seeking a high-profile, reputable, and capacity-driven real estate developer to partner on a large-scale, high-rise residential project in Ikate, Lekki, Lagos State. This is a closeable Joint Venture (JV) opportunity with a serious and cooperative landowner who is readily available for direct engagement.

This project is strictly for experienced developers with a strong corporate profile, proven delivery capacity, and a track record of executing high-rise residential developments in prime Lagos locations.


Project Overview

  • Location: Ikate, Lekki, Lagos State, Nigeria
  • Land Size: 10,000 SQM
  • Position: Corner piece, fully fenced and gated
  • Transaction Type: Joint Venture (JV)
  • Land Value: ₦1.2 Million per SQM
  • Sharing Formula: Negotiable
  • Premium: Nil
  • Facilitator’s Fee: 10%
  • Title Document: Certificate of Occupancy (C of O)

Proposed Development Concept

The landowner is open to a high-rise residential development, with the following preferred parameters:

  • Building Type: High-rise residential
  • Floors: 10 to 15 storeys
  • Unit Mix:
    • 2-bedroom apartments with BQ
    • 3-bedroom apartments with BQ
  • Target Market: Upper-mid to premium residential buyers and renters
  • Development Scope: Contemporary apartments with shared amenities and structured parking

Developers may propose enhanced or alternative concepts, provided they align with high-rise residential use and maximize the site’s full potential.


Why Ikate, Lekki Is Ideal for High-Rise Development

Ikate is one of Lekki’s most strategically positioned and high-demand districts, offering:

  • Proximity to Lekki Phase 1, Victoria Island, and key commercial hubs
  • Strong demand for mid- to high-rise residential apartments
  • Excellent road networks and accessibility
  • Consistent rental yields and resale demand
  • A proven market for 10–15 storey developments

This location supports fast absorption rates and strong long-term investment returns.


JV Structure & Engagement Requirements

This JV is structured for efficiency, transparency, and seriousness:

  • No premium required
  • Sharing formula is negotiable, subject to developer capacity and proposal
  • Facilitator’s fee: 10%
  • All discussions are direct with the landowner
  • No documents (including survey) will be released until:
    • Developer submits a Company Profile
    • Developer submits a Letter of Intent (LOI)

The landowner is keen on quality, credibility, and delivery, and will only engage developers with verifiable capacity and experience.


Developer Qualification Criteria

This opportunity is strictly for developers who can demonstrate:

  • Strong corporate profile
  • Proven experience in high-rise residential developments
  • Financial capacity to deliver a 10–15 storey project
  • Clear project execution and funding strategy
  • Willingness to engage directly with the landowner

Unserious developers will not be entertained.


Documentation & Closing Assurance

  • Title: C of O
  • All documents are intact and verifiable
  • The JV is closeable without stress
  • Mandate, semi-mandate, and facilitators are aligned under mutual agreement
  • Direct access to the landowner ensures swift decision-making

Submission & Enquiries

Interested developers should submit:

  • Company Profile
  • Letter of Intent (LOI)
  • Summary of relevant completed or ongoing projects

📞 Contact / WhatsApp: 08034139285


Conclusion

This 10,000sqm corner-piece JV opportunity in Ikate, Lekki is a rare chance to deliver a landmark high-rise residential project in one of Lagos’ most profitable districts. With no premium, negotiable JV terms, clear title, and a cooperative landowner, this deal is structured for speed, seriousness, and success.

If you have the capacity, credibility, and vision to deliver—this JV can be closed without stress.

Real

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