📍 Location: Ilasan, Ikate, Lekki, Lagos
📐 Land Size: 3 Plots (available individually, in pairs, or all three)
💰 Land Value: ₦400 Million per plot (subject to revaluation)
📄 Title: Elegushi Deed
🏗️ Proposed Development: Block(s) of Flats
🤝 Sharing Ratio: To Be Determined (TBD)
💸 Premium: Negotiable
💼 Facilitator’s Fee: 10%
🌇 Project Overview
We present an exclusive joint venture opportunity in the rapidly developing Ilasan area of Lekki, Lagos.
The property consists of 3 plots of land, with the first plot being a prime corner piece, offering exceptional visibility and design flexibility. Developers have the flexibility to acquire 1 plot, 2 plots, or all 3 plots depending on their investment capacity and project scope.
This site is ideal for residential blocks, providing an opportunity to maximize rental and resale income in a high-demand area of Lekki.
🏗️ Proposed Development Concept
The JV is open for block of flats development, and the landowner welcomes creative proposals from competent developers.
Potential Project Ideas Include:
- Luxury 2–3 bedroom flats
- Serviced apartments for short or long-term rentals
- Modern mixed-use residential developments with small retail spaces
- High-end finishes and amenities to attract premium tenants
Developer Flexibility: You may submit proposals tailored to maximize ROI and market demand.
📊 Financial Snapshot
| Item | Description |
|---|---|
| Land Size | 3 plots (1 corner plot + 2 additional plots) |
| Land Value | ₦400 Million per plot (subject to revaluation) |
| Proposed Development | Block(s) of Flats |
| Premium | Negotiable |
| Sharing Ratio | TBD |
| Facilitator’s Fee | 10% |
| Potential ROI | High, based on Lekki residential market trends |
🧾 Developer Requirements
Interested developers must demonstrate competence and experience in residential real estate development.
Required Documents:
- Letter of Intent (LOI) – Expressing interest in the JV
- Company Profile – Demonstrating completed or ongoing projects
- Project Proposal – Detailed development plan and design concept
- Agency Letter – If applicable
Only serious and qualified developers will be considered.
🌍 Why Invest in Ilasan, Lekki?
- Strategic Location: Close to Ikate, Chevron Drive, and Lekki Phase 1
- High Demand: Residential flats and apartments are in constant demand
- Appreciating Land Values: Lekki is one of the fastest-growing real estate markets in Lagos
- Investment Flexibility: Option to take 1, 2, or all 3 plots to match your project scale and capacity
🤝 Joint Venture Terms
- Landowner Contribution: Land as equity
- Developer Contribution: Capital, technical expertise, and project execution
- Profit Sharing: To be negotiated based on proposal and scope
- Premium: Negotiable
- Facilitator Fee: 10%
This ensures a mutually beneficial partnership with room for flexible arrangements based on developer input.
📞 Contact & Next Steps
Serious developers or investors interested in this Ilasan JV opportunity are invited to submit their:
- Letter of Intent (LOI)
- Company Profile
- Detailed Project Proposal
📱 Phone/WhatsApp: 08034139285
🔑 Summary Table
| Details | Description |
|---|---|
| Location | Ilasan, Ikate, Lekki, Lagos |
| Land Size | 3 plots (corner + 2 adjacent plots) |
| Land Value | ₦400 Million per plot (subject to revaluation) |
| Proposed Development | Block(s) of Flats |
| Premium | Negotiable |
| Sharing Ratio | TBD |
| Facilitator Fee | 10% |
| Required Documents | LOI, Company Profile, Project Proposal |
🏁 Conclusion
This is a rare JV opportunity in Ilasan, Lekki, suitable for serious developers looking to capitalize on a high-demand residential market.
With flexible plot acquisition options, prime location, and negotiable premium, this JV offers significant profit potential and a chance to develop a landmark project in Lekki.
👉 Contact us today to schedule a site inspection or submit your proposal. Only verified developers will be considered.