JOINT VENTURE OPPORTUNITY: 1,542sqm Land in a Secured Gated Estate (Atlantic Layout, Lekki Axis

A well-structured Joint Venture (JV) opportunity is now available for credible and financially capable developers looking to execute a high-demand residential project within a fully serviced and gated estate.

This opportunity involves 1,542 square meters of land, strategically located inside Atlantic Layout (General Paint Area), before Lagos Business School, one of the fastest-growing residential corridors along the Lekki–Epe axis.


📍 Prime Location Advantage

Atlantic Layout enjoys strong residential appeal due to its proximity to major landmarks, accessibility, and infrastructure readiness. The property is located:

  • Inside a lovely gated estate
  • Before Lagos Business School
  • Within a fully developed and organized residential environment
  • Close to major commercial and lifestyle hubs along Lekki–Epe Expressway

This makes the land ideal for medium-density residential development, particularly apartments with strong rental and resale demand.


📐 Property Details

  • Land Size: 1,542sqm
  • Transaction Type: Joint Venture (JV)
  • Land Value: ₦280,000 per sqm
  • Estimated Land Value: Competitive and market-aligned
  • Premium: None

The absence of a premium significantly improves project feasibility and developer cash flow.


🏘 Proposed Development Scheme

The landowner has a clear and defined development preference, which supports faster alignment and approvals:

  • Development Type: Residential flats
  • Proposed Units: 28 units of 2-bedroom flats

This unit mix aligns perfectly with demand in the Lekki axis, especially among young professionals, families, and investors.


🤝 Joint Venture Sharing Structure

The JV terms are transparent and clearly defined as follows:

  • Landowner’s Share:
    13 units taken as carcass (without interior finishing)
  • Developer’s Share:
    15 fully finished units

This structure allows the developer to:

  • Control finishing quality for their units
  • Manage cost optimization
  • Accelerate sales or rental strategy

🌟 Estate Infrastructure & Features

The estate is already fully serviced, significantly reducing development risk and timelines. Existing infrastructure includes:

  • ✅ Interlocked internal roads
  • ✅ Stable electricity supply
  • ✅ CCTV surveillance system
  • ✅ Recreation park
  • ✅ Functional street lights
  • ✅ Private estate security
  • ✅ Well-maintained greenery and landscaping

These features enhance property value, tenant appeal, and long-term appreciation.


💼 Facilitator Information

  • Facilitator’s Fee: 10%
  • Direct coordination between landowner and developer after alignment

🔍 Who Should Consider This JV?

This opportunity is ideal for:

  • Medium-scale real estate developers
  • Development companies seeking low-risk, high-demand locations
  • Investors looking for apartment developments with fast absorption rates
  • Developers expanding their footprint in the Lekki–Ajah corridor

Only serious and capable developers are encouraged to engage.


📞 Inspection & Enquiries

Site inspections are strictly by appointment.

For further discussions, inspection scheduling, and full documentation review:

📱 Call / WhatsApp: 08034139285


Conclusion

With zero premium, a secure gated estate, clear development expectations, and a balanced sharing structure, this Joint Venture presents a solid and bankable opportunity for developers looking to deliver quality residential apartments in a high-growth location.

Early engagement is advised, as opportunities like this within Atlantic Layout are increasingly scarce.

Real

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