Prime 3,000sqm Land at Awolowo Way / Aromire Junction
A premium Joint Venture (JV) development opportunity is now available in Ikeja, Lagos, strategically located at Awolowo Way / Aromire Junction—a highly sought-after axis known for strong rental demand, excellent accessibility, and consistent capital appreciation.
This JV is strictly open to experienced developers with proven track records and solid financial capacity who can deliver a high-quality residential development in a prime urban location.
📍 LOCATION ADVANTAGE – IKEJA (AWOLOWO WAY / AROMIRE JUNCTION)
Ikeja remains one of Lagos’ most valuable real estate districts due to:
- Proximity to Allen Avenue, Maryland, Opebi, and GRA Ikeja
- High concentration of corporate offices, banks, hotels, and malls
- Excellent road network and public transport access
- Strong demand for quality residential apartments
- Central position within Lagos Mainland
Properties along Awolowo Way and Aromire enjoy fast leasing, premium rents, and high occupancy rates.
📐 LAND DETAILS
- Location: Awolowo Way / Aromire Junction, Ikeja, Lagos
- Land Size: 3,000 square metres (sqm)
- Land Title: Certificate of Occupancy (C of O)
- Land Value: ₦3.5 Billion
This land size is ideal for a medium- to large-scale residential development with excellent market absorption.
🏗️ PROPOSED DEVELOPMENT
The land is suitable for:
- Block of flats
- Terrace apartments
These housing types are highly in demand in Ikeja, particularly among:
- Corporate tenants
- Working professionals
- Short-let and serviced apartment operators
🤝 JOINT VENTURE STRUCTURE
- JV Type: Residential Development Joint Venture
- Premium: ₦100 Million
- Facilitator’s Fee: 10% of Land Value
The premium serves as a commitment fee while allowing the developer to channel the bulk of funds into construction and project delivery.
👷 DEVELOPER REQUIREMENTS
This opportunity is strictly for capable developers who can demonstrate:
- A verifiable development track record
- Strong financial capacity
- Ability to deliver quality construction
- Experience with urban residential projects
Proof of completed or ongoing projects will be required.
🔍 ENGAGEMENT & DUE DILIGENCE
- Inspection is strictly by appointment
- Detailed discussions will follow expression of interest
- Documentation review and negotiation will precede JV execution
📞 CONTACT DETAILS
For inspection scheduling, document review, and JV discussions:
📲 Contact / WhatsApp: 08034139285
When reaching out, kindly include:
- Company name
- Development experience
- Financial readiness
⭐ WHY THIS IKEJA JV IS A TOP-TIER OPPORTUNITY
✔ Prime Awolowo Way / Aromire Junction location
✔ Large 3,000sqm land size
✔ C of O title
✔ High-demand residential corridor
✔ Ideal for flats and terraces
✔ Strong rental and resale value
✔ Central Lagos Mainland location
Final Note
JV development opportunities in Ikeja, especially along Awolowo Way, are increasingly scarce. This offer provides a solid platform for experienced developers to deliver a profitable, high-quality residential project in one of Lagos’ most active real estate markets.
📲 Contact / WhatsApp: 08034139285
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