Location: VGC Extension, Lekki, Lagos
📐 Land Size: 996.36 sqm (dry land, ready to build)
📄 Title: Certificate of Occupancy (C.O.C)
💰 Land Value: ₦1 Billion
🏗️ Proposed Development: Open – flexible for residential or commercial development
🤝 Sharing Formula: 50:50 (Developer / Landowner)
💸 Premium: ₦20 Million
💼 Facilitator’s Fee: 10% of land value
📝 Prerequisites: Letter of Intent (LOI), Company Profile, Project Proposal
🌇 Project Overview
We present an exclusive JV opportunity in VGC Extension, Lekki, ideal for developers seeking to invest in a prime, rapidly appreciating Lagos neighborhood.
This ready-to-build dry land offers flexibility for:
- Residential apartments or luxury villas
- Mixed-use developments
- Commercial office or retail spaces
The property is strategically positioned for high visibility, accessibility, and strong demand, ensuring maximum ROI for a capable developer.
🏗️ Development Concept
The landowner is open to proposals and encourages developers to submit ideas that maximize profitability. Potential developments include:
- High-end residential flats or maisonettes
- Serviced apartments for short- or long-term rentals
- Commercial or mixed-use structures tailored for the VGC market
- Luxury villas with modern amenities
Developer Flexibility: The proposal is open-ended, allowing the developer to design and execute a project aligned with market trends and profitability goals.
📊 Financial Snapshot & JV Terms
| Item | Details |
|---|---|
| Land Size | 996.36 sqm |
| Land Value | ₦1 Billion |
| Proposed Development | Open – residential, commercial, or mixed-use |
| Sharing Formula | 50:50 (Developer / Landowner) |
| Premium | ₦20 Million |
| Facilitator’s Fee | 10% of land value |
| Proof of Funds | Required (bank statements, guarantees, or institutional confirmation) |
🧾 Developer Requirements
The landowner seeks a credible, financially capable developer with:
- Proven track record in residential or commercial developments
- Ability to submit a detailed project proposal including design, budget, and timeline
- Proof of available funds to commence and complete the project
- Capacity to collaborate on JV terms and project execution
Required Documents:
- Letter of Intent (LOI)
- Company Profile & Portfolio
- Project Proposal
- Proof of Financial Capability
🌍 Why Invest in VGC Extension, Lekki
- Prime Residential & Commercial Area: High demand for luxury residences and commercial spaces
- Strategic Location: Close to major roads, schools, retail hubs, and amenities
- Strong ROI Potential: Land values and property demand in VGC are consistently appreciating
- Flexible JV Terms: 50:50 sharing and negotiable premium allows developers to optimize investment returns
🤝 Joint Venture Structure
- Landowner Contribution: Land equity
- Developer Contribution: Capital, expertise, and project execution
- Profit Sharing: 50:50
- Premium: ₦20 Million
- Facilitator Fee: 10% of land value
This structure ensures a mutually beneficial partnership while maintaining high investment potential for the developer.
📞 Next Steps
Serious developers and investors interested in this VGC Extension JV opportunity are invited to submit:
- Letter of Intent (LOI)
- Company Profile & Portfolio
- Detailed Project Proposal
📱 Phone/WhatsApp: 08034139285
🏁 Conclusion
This prime JV opportunity in VGC Extension, Lekki offers developers the chance to create high-yield residential or commercial projects in a fast-growing and prestigious area.
With flexible proposal options, transparent JV terms, and prime location, this project is perfect for developers seeking profitable, landmark developments in Lagos.
👉 Contact us today to submit your proposal or schedule a site inspection. Only serious and verified developers will be considered.