Lekki Phase 1 remains one of the most prestigious, secure, and development-driven neighborhoods in Lagos. With high demand for luxury apartments, waterfront living, and modern mixed-use developments, opportunities in this axis rarely stay long in the market — especially waterfront properties with strong titles and zoning approval.
Today, we present a high-value Joint Venture (JV) opportunity right in the heart of Lekki Phase 1, suitable for top-tier developers looking to build premium high-rise units in one of Lagos’ most profitable property corridors.
📍 PRIME LOCATION: LEKKI PHASE 1 (WATERFRONT)
This property sits within one of the most sought-after enclaves in Lekki Phase 1, offering:
- Direct waterfront access
- A serene, secured, and upscale environment
- Close proximity to Admiralty Way, Freedom Way & the Lekki Link Bridge
- High market demand for luxury high-rise apartments
- Excellent road connectivity and infrastructure
- A vibrant community surrounded by high-income earners
Lekki Phase 1 remains a preferred location for:
- Corporate executives
- Expatriates
- High-net-worth individuals
- Investors seeking premium rental yield
This makes the location perfect for high-rise luxury development.
📐 PROPERTY DETAILS
✔ Land Size: 2,700 sqm (Fenced & Gated Table Land)
The land is already:
- Fully fenced
- Gated
- Dry table land
- Direct waterfront
- Easily accessible for construction mobilization
This saves the developer initial preparation costs and eliminates typical Lekki land challenges such as reclamation or piling complexities.
📄 TITLE
✔ C of O (Certificate of Occupancy)
The property comes with a valid Certificate of Occupancy, making it:
- Legally secure
- Bankable for project financing
- Safe for development due diligence
- Suitable for high-value real estate construction
💰 LAND VALUE
✔ ₦3.7 Billion (Asking Price)
Considering its waterfront positioning, title, land condition, and Lekki Phase 1 zoning, the asking price represents a strong investment value compared to other waterfront plots in the axis.
🏗 DEVELOPMENT POTENTIAL
🚨 IMPORTANT NOTE: This Land Cannot Be Shared
This means the JV structure will be based on a build-and-share model or another mutually agreed development structure — not land splitting.
✔ Zoning Approval: Up to 11 Floors
This makes the property ideal for:
- Luxury high-rise apartments
- Waterfront penthouses
- Executive suites
- Mixed-use vertical developments (where applicable)
- Boutique luxury condos
A typical development concept could include:
- 2–4 bedroom luxury apartments
- Penthouses with waterfront balconies
- Smart-home designs
- Rooftop lounge or recreation area
- Underground or ground-level parking
- Waterfront decking or relaxation area
- Premium finishing for high-value rental and sales market
Lekki Phase 1 high-rise apartments continue to deliver exceptional ROI due to limited supply and overwhelming demand.
💼 WHY THIS JV IS EXTREMELY VALUABLE
1️⃣ Rare Waterfront Availability
Waterfront plots in Lekki Phase 1 are extremely limited and expensive. This deal is uncommon.
2️⃣ High-Rise Approval for 11 Floors
Few plots come with zoning height clearance, especially near the water.
3️⃣ Strong Title — C of O
No legal encumbrances, perfect for top developers.
4️⃣ Fully Fenced & Gated
Saves millions in site prep.
5️⃣ Premium Location with Strong Market Demand
Lekki Phase 1 luxury apartments sell fast and command high rental yield.
📌 WHO SHOULD TAKE THIS OPPORTUNITY?
This JV is perfect for:
- Established real estate developers
- Construction companies looking for flagship waterfront projects
- Investors seeking high-rise luxury development
- Developers specializing in premium apartments
Due to the nature of the property, only serious and financially capable developers are encouraged to reach out.
📞 For Enquiries, JV Discussion, and Inspection
For inspection scheduling, proposal presentation, or JV conversation:
📞 Contact/WhatsApp: 08034139285