We are thrilled to present a rare Joint Venture (JV) opportunity in Surulere, Lagos, a highly sought-after residential district known for its serene environment, excellent connectivity, and investment potential. This plot is ideal for developers seeking a profitable residential project in a secure, high-demand area.
📍 Location: Off Shaki Crescent, Aguda, Surulere
Surulere remains one of Lagos’ most strategic residential hubs, attracting both investors and end-users due to:
- Well-planned neighborhoods with cool, secure, and calm environments
- Proximity to commercial areas, schools, and shopping centers
- Excellent road networks providing quick access to the Lagos mainland and islands
- Rapidly appreciating property values
This location is perfect for residential estates, terraces, or a low-rise apartment development targeting middle to high-income tenants.
📐 Land & Development Details
- Land Size: Approximately 2,000 SQM – enough for a medium-scale residential development
- Proposed Use: Residential development (terraces, apartments, or small estate)
- Land Value: ₦800 Million
- Title: Registered Conveyance – clean, verifiable, and ready for JV or financing
- Premium: Negotiable based on JV structure (flexible depending on proposal)
The land is fully accessible, open, and suitable for immediate development, allowing developers to start their project without delays.
🤝 Joint Venture Structure
This opportunity is designed to benefit both the developer and the landowner:
- Sharing Ratio: Negotiable (standard is 50/50 or 60/40 depending on contribution)
- Facilitator’s Fee: 10% of land value, payable upon signing the JV Agreement (JVA)
- Developer Advantages: Minimal upfront cost, clear title, ready-to-build land
- Landowner Advantages: Secure JV with capable developers, smooth execution, and professional facilitation
🏗 Why This Plot is Perfect for Residential Development
- Prime Surulere Location: Close to schools, shopping, and commercial hubs, attracting high-quality tenants.
- Sizeable Plot (2,000 SQM): Sufficient for multiple residential units or small estates.
- Secure and Calm Environment: Ideal for family-oriented residential projects.
- Clean Documentation: Registered conveyance ensures smooth due diligence and financing.
- High ROI Potential: Surulere’s real estate market continues to grow, with strong demand for well-located residential units.
- Developer-Friendly Terms: Minimal upfront risk with flexible JV arrangements.
🧭 Steps to Proceed
- Submit Letter of Intent (LOI) & Company Profile – to demonstrate capacity and financial readiness.
- Conduct Physical Inspection – verify the land, accessibility, and surrounding environment.
- Negotiate & Sign Joint Venture Agreement (JVA) – outlining sharing ratios, responsibilities, and project milestones.
- Commence Project Planning – develop architectural design, approvals, and construction timeline.
Only serious developers with proven capacity and financial readiness are encouraged to participate.
📞 Contact & Expressions of Interest
For site inspection, due diligence, or JV proposals:
Contact / WhatsApp: 08034139285
Surulere is a high-demand area with limited prime plots, and opportunities like this rarely stay on the market for long. This is your chance to secure a profitable residential JV in a prime Lagos location.
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