Location: Mixed-Use Zone, Banana Island, Ikoyi, Lagos
Land Size: 3,000 sqm (Plots L13C and L13D)
Title: Government-Issued Certificate of Occupancy (C of O)
Status: Available for Direct Joint Venture (JV)
Introduction: A Rare JV Offer in Nigeria’s Most Prestigious Neighbourhood
Banana Island, Ikoyi is not just any location—it is widely recognized as the most exclusive residential and commercial district in Nigeria. Known for its high-end developments, world-class infrastructure, and premium real estate value, opportunities to acquire or develop land here are extremely limited.
Today, a unique Joint Venture (JV) opportunity is open to reputable developers and investors who want to create a landmark luxury development in one of Lagos’ most valuable waterfront environments.
This offer covers 3,000 square meters of prime mixed-use land strategically positioned to accommodate high-rise luxury apartments and premium lifestyle developments.
📍 Property Overview
⚡ Location:
Mixed-Use Axis, Banana Island, Ikoyi, Lagos
A secure, serene, and fully serviced community with:
- 24/7 power and water supply
- Underground drainage and fiber-optic connectivity
- Paved roads and dedicated security
- Proximity to high-net-worth residents, embassies, and blue-chip companies
📐 Land Specifications
- Plot Size: 3,000 sqm
- Plot Numbers: L13C & L13D
- Topography: Dry and ready for immediate development
- Zoning: Mixed-Use (Residential + Limited Commercial)
- Title: Certificate of Occupancy (C of O) – a highly secure and verifiable title
This land profile makes it ideal for luxury multi-storey residential apartments, corporate serviced apartments, premium rentals, or commercial high-rise uses.
🏗 Proposed Development Concept
The recommended development plan includes two blocks of luxury high-rise apartments, each standing at 15 floors, featuring:
🏘 Apartment Mix
- 2-Bedroom Luxury Apartments
- 3-Bedroom Premium Units
- 4-Bedroom Executive Residences
- Maisonettes
- Penthouses with panoramic views of Ikoyi & the waterfront
This concept is designed to maximize:
- ROI for both developer and landowner
- Market demand for high-end residences
- Efficient land utilization
- Luxury lifestyle appeal that attracts HNIs and expatriates
Estimated development value: ₦12 Billion
💰 JV Terms & Financial Structure
💎 Land Value:
₦12,000,000,000 (₦12 Billion)
🔥 Premium:
No Premium Required
This makes the project highly attractive to developers with capital strength and proven track records.
💼 Broker Fee:
10% of Land Value
Payable upon successful closure of the Joint Venture.
📊 Sharing Formula:
To Be Determined (TBD)
Final sharing ratio will be agreed during negotiation after reviewing the developer’s proposal, capacity, and project model.
📑 Required Documentation and Procedure
Developers or companies interested in this Joint Venture must follow the verified process below:
1️⃣ Letter of Intent (LOI)
A formal expression of interest from your company.
2️⃣ Company Profile
Including previous developments, financial capacity, and corporate documentation.
3️⃣ Inspection
Physical site visit to inspect the land.
4️⃣ Comprehensive Proposal
A full development and financial model detailing:
- Number of units
- Construction timeline
- Funding structure
- Profit-sharing model
- Architectural concept
5️⃣ Proof of Funds (POF)
Mandatory—to confirm financial capability.
6️⃣ Meeting With the Landowner
Direct meeting to finalize expectations, discuss terms, and move toward signing.
7️⃣ Closure
Execution of JV Agreement and commencement of project planning.
🎯 Who Should Apply?
This JV is ideal for:
- Reputable Real Estate Developers
- Institutional Investors
- Property Development Firms
- International Developers seeking presence in Nigeria
- High-net-worth individuals
- Companies expanding into premium real estate projects
🌇 Why Invest in Banana Island?
- One of the most expensive neighbourhoods in Africa
- High rental yield and resale value
- Strong infrastructure and peaceful environment
- Constant demand from HNIs and expatriates
- Ideal for long-term cash flow and premium ROI projects
Developers completing luxury projects here often achieve excellent financial returns due to consistent market demand.
📞 Contact for Inspection & JV Discussions
For direct enquiries, inspections, proposal submissions, or developer meetings, contact:
📞 Phone/WhatsApp: 08034139285
✔ Final Note
Opportunities like this rarely become available in Banana Island.
If your company is positioned for a high-value, landmark development with strong investment returns, this JV offer represents an unmatched entry point into Nigeria’s most prestigious residential zone.