Lagos continues to attract high-value real estate investors, and the Lekki axis remains one of the most sought-after locations for luxury residential development. Among its rapidly growing neighbourhoods, Igbo Efon Waterfront Estate stands out for its strategic positioning, serene waterfront ambience, and rapidly appreciating land value.
Today, a rare 1.6-hectare Joint Venture (JV) opportunity has become available—ideal for major developers looking to build a landmark luxury residential community in one of Lekki’s most premium corridors.
This offer is semi-direct, professionally structured, and open exclusively to serious and capable development partners.
📍 Property Location
Waterfront Estate, Igbo Efon, New Road, Alpha Beach Road, Atlantic View Estate, Lekki, Lagos
The location is one of Lekki’s top-performing residential zones because:
- It offers direct access to the waterfront
- It is surrounded by high-end gated estates
- It is minutes from the Lekki Expressway
- It has strong demand for mid-to-high-income homes
- It is suitable for modern luxury developments
Residents enjoy proximity to:
- Lekki Phase 1
- Chevron Drive
- Circle Mall / Shoprite
- Victoria Garden City (VGC)
- Top schools, hospitals, and recreation hubs
This makes it a perfect site for a large-scale residential community.
📐 Land Size & Development Potential
✔ Total Size: 1.6 Hectares (16,000 sqm)
This massive land size allows flexible architectural planning and full-scale residential estate development.
✔ Layout Available via Survey
The existing survey provides a clear layout, enabling developers to begin immediate feasibility studies and architectural proposals.
🏗 Proposed Development Plan
96 Units of Terrace Houses
The landowner’s preferred JV concept is a premium estate featuring:
- Luxury 3-bedroom terraces
- Modern finishing
- Ample parking
- Estate security
- Recreational areas
- Water and power infrastructure
Developers may also propose enhancements or alternate layouts during the official proposal stage.
📝 Title & Legal Standing
📄 Title: Certificate of Occupancy (C of O)
The property carries a valid and marketable C of O, making it safe and ready for immediate development planning, due diligence, and investment structuring.
💼 JV Terms & Financial Structure
✔ Land Value: ₦5 Billion
This valuation reflects the strategic value of waterfront Lekki property and the development potential of the 1.6 hectares.
✔ Premium: NIL
No upfront premium or additional compulsory fee is required—only a credible JV arrangement with validated capacity.
✔ Sharing: To Be Determined (TBD)
Final sharing ratio will be based on:
- Developer proposal
- Project cost structure
- Timeline
- Expected sales value
- Landowner considerations
This flexibility allows room for negotiation to reach the most mutually beneficial agreement.
💰 Facilitator’s Fee
10% facilitator’s fee applies.
📑 Prerequisites for Developers
To ensure only serious and capable developers participate, the following documents are required:
1️⃣ Letter of Intent (LOI)
Formal expression of interest.
2️⃣ Company Profile
Including executed or ongoing projects, management expertise, and technical capacity.
3️⃣ Evidence of Past Development Experience
Preferred for large-scale residential developers.
4️⃣ Proof of Financial Capacity
Demonstrates the developer’s ability to undertake and complete a project of this size.
5️⃣ Proposed Development Concept
A detailed plan outlining:
- Architectural concept
- Unit configurations
- Project timeline
- Cost estimates
- Expected delivery milestones
💡 Why This JV is One of the Hottest Deals in Lekki Right Now
1️⃣ Prime Waterfront Location – High Market Value
Properties near the water in Lekki consistently outperform the general market in appreciation and demand.
2️⃣ Large Land Size – 1.6 Hectares
This scale is ideal for large, profitable developments with long-term value.
3️⃣ High Demand for Terraces in Lekki
Terrace homes remain top sellers for both homeowners and investors due to affordability and ROI.
4️⃣ Flexible Sharing Ratio
Allows developers to structure a deal that supports profitability and scalability.
5️⃣ No Premium Required
More funds can be allocated to construction and infrastructure.
🚨 Important Notice
This offer is open ONLY to serious, experienced, and financially capable developers.
Time-wasters and unserious applicants will not be engaged.
📞 Contact for Enquiries, Inspection & Proposal Submission
For official communication, inspection scheduling, or project discussions:
📞 Contact/WhatsApp: 08034139285