Are you a real estate developer or investment company looking for a new project in one of Lagos’ fastest-growing residential corridors? Here is a highly strategic Joint Venture (JV) opportunity in the heart of Sangotedo, located within two reputable and rapidly developing communities — Treasure Estate and Hope Ville Estate.
This listing offers a unique chance to collaborate with the landowner on a development project that will capitalize on the continuous growth, demand, and expansion happening within the Sangotedo–Ajah axis, home to several megaprojects and high-value estates.
📍 LOCATION: TREASURE ESTATE & HOPE VILLE ESTATE, SANGOTEDO
Sangotedo is one of the most attractive development zones in the Lekki–Ajah corridor. With ongoing infrastructure upgrades, rising property demand, and rapid population growth, this area is ideal for mid–high income residential projects, commercial hubs, or mixed-use developments.
Major nearby landmarks include:
- Novare Mall (Shoprite Sangotedo)
- Emperor Estate
- Lagos Business School
- Crown Estate
- Several gated residential communities
- Access to Lekki–Epe Expressway
The location is perfect for developers aiming to create residential apartments, terraces, duplexes, short-let units, or community-based projects that appeal to the growing demand in the area.
📐 LAND DETAILS
Land Size:
1,910 sqm
This land size is ideal for a well-planned residential development, multi-unit housing project, or a mixed-use layout depending on the developer’s proposal.
Title:
Registered Survey & Deed
All documentation is valid, verifiable, and ready for due diligence. This gives developers confidence and clarity during the JV process.
Current Land Value:
Market Value – Based on Recent Area Pricing Trends
The landowner is open to proposals and negotiations depending on the development plan presented by the developer.
📑 JV PROPOSAL TERMS
Proposal:
Open
Developers are free to present well-structured proposals reflecting their vision for the project—whether residential, semi-commercial, or mixed-use.
Sharing Formula:
To Be Determined (TBD)
The sharing structure will be decided after reviewing the developer’s proposal, capacity, and project concept.
Broker’s Fees:
10% of Current Land Value
This applies to all agencies or intermediaries involved.
📝 JV PROCEDURE & REQUIRED DOCUMENTATION
To ensure professionalism, transparency, and suitability, all interested developers must follow the outlined process below:
1. Letter of Intent (LOI)
A formal expression of interest stating the developer’s intention to enter a Joint Venture.
2. Company Profile
A portfolio detailing the company’s background, development experience, management team, and corporate details.
3. Letter Acknowledging Broker’s Fee
A signed agreement that the broker’s fee of 10% will be honored upon closing the deal.
4. Proof of Funds (POF)
Evidence showing the developer’s financial capability to execute the proposed development.
5. Comprehensive Project Proposal
A detailed plan that outlines:
- Development concept
- Architectural intentions
- Estimated budget
- Project timeline
- Expected ROI
- Sharing formula recommendation
This helps both parties align expectations before moving to the next stage.
⚠️ IMPORTANT NOTE FOR INTERESTED DEVELOPERS
Before any physical meeting with the landowner can be scheduled, the developer must provide verifiable evidence of past projects. This may include:
- Completed project portfolios
- Ongoing development photos/videos
- Certificates of completion
- Company achievements
- Track record details
This requirement ensures that only capable and experienced developers are shortlisted for discussions.
🌟 WHY THIS JV OPPORTUNITY IS HIGHLY ATTRACTIVE
- Located in one of Lagos’ most competitive and fast-growing real estate corridors
- Surrounded by functional estates and high-demand residential clusters
- Flexible proposal structure (Open to creative concepts)
- Strong documentation (Registered Survey & Deed)
- Growing land value in Sangotedo offers excellent project profitability
- Ideal for medium-scale residential or multi-unit development projects
- Transparent JV process with clear documentation and verification steps
📞 CONTACT FOR JV DISCUSSIONS & SUBMISSION
For developers ready to submit proposals or begin the process:
📞 Call / WhatsApp: 08034139285
You may request additional verification documents or site inspection once the preliminary requirements are met.