📍 Location: Okotie Eboh Street, Southwest Ikoyi, Lagos
📐 Land Size: 3,184.848 sqm
💰 Current Land Value: ₦2 million per sqm
🏢 Proposed Development: Luxury 12-Floor Highrise Residential/Commercial Tower
💸 Premium: Nil
🤝 Facilitator’s Fee: 10%
🌆 Project Overview
We present a rare and high-value joint venture (JV) opportunity located in the prestigious heart of Ikoyi, one of Lagos’s most exclusive and sought-after neighborhoods.
This 3,184.848 square meter parcel on Okotie Eboh Street is strategically positioned for the development of a 12-floor highrise tower, ideal for luxury apartments, serviced residences, or mixed-use commercial spaces.
With land prices in Ikoyi appreciating rapidly, this site offers exceptional long-term returns and unparalleled prestige for discerning investors and developers.
🧱 Development Concept
The proposed 12-floor highrise is envisioned to redefine modern luxury living and corporate sophistication in Ikoyi.
Key Highlights:
- State-of-the-art architectural design
- High-end smart home features
- Underground parking and rooftop leisure area
- Gym, spa, pool, and entertainment lounges
- Panoramic city and lagoon views
- 24-hour power and top-tier security systems
📊 Financial Snapshot
| Item | Description |
|---|---|
| Land Size | 3,184.848 sqm |
| Land Value (per sqm) | ₦2,000,000 |
| Total Land Value | ≈ ₦6.37 Billion |
| JV Model | Partnership – Developer funds construction, landowner contributes land |
| Premium (Entry Fee) | Nil |
| Facilitator’s Fee | 10% of project value or land contribution |
| Expected ROI (Developer) | 25–35% projected post-sale or lease-up period |
🏗️ JV Structure
This partnership is designed as a land-for-development joint venture, where the developer brings in:
- Project funding
- Technical and construction expertise
- Marketing and project management
And the landowner contributes:
- Prime land asset at Southwest Ikoyi
- Legal and title documentation
- Shared revenue interest upon completion
Revenue sharing and detailed terms will be discussed with qualified developers or consortiums after due diligence.
🌍 Why Invest in Ikoyi?
Ikoyi remains one of Nigeria’s most valuable real estate zones, attracting:
- Top-tier multinationals
- HNIs and expatriates
- Government and corporate tenants
Market Drivers:
- Proximity to Lagos Island, Victoria Island, and Banana Island
- High rental yields (₦15–₦25 million yearly for luxury flats)
- Low land availability – rising price trends
- Continuous demand for high-rise residential and office spaces
Investing in Ikoyi’s property market is not just profitable — it’s a gateway to sustained capital appreciation and elite real estate influence.
🧾 Ownership & Documentation
- Verified land documentation
- Registered survey plan
- Governor’s Consent (R of O available for verification)
- No encumbrance or legal disputes
All documentation will be made available to serious and verified JV partners upon signing of an MoU (Memorandum of Understanding).
💬 Facilitator’s Offer
As the facilitator of this project, a 10% facilitation fee applies to successful JV closure, payable upon final agreement between landowner and developer.
Interested partners are encouraged to reach out for a site inspection and project briefing.
📞 Contact Information
For inquiries and partnership discussions:
📱 Phone/WhatsApp: 08034139285