Semi-Direct Brief | High-Yield Urban Development Opportunity
A rare and highly strategic Joint Venture (JV) opportunity is now available in the heart of Yaba, Lagos, just a short distance from Fadeyi Bus Stop and behind NNPC Fadeyi. This prime land offers excellent potential for residential development, particularly blocks of flats targeted at professionals, students, and corporate tenants.
This opportunity is ideal for experienced property developers seeking a win–win JV structure in one of Lagos Mainland’s most active rental corridors.
📍 PRIME LOCATION ADVANTAGE
Location:
Very close to Fadeyi Bus Stop,
Behind NNPC Fadeyi,
Yaba, Lagos.
Why This Location Stands Out:
✔ Central Lagos Mainland location
✔ Very close to major transport routes
✔ Excellent road network and accessibility
✔ Strong and consistent rental demand
✔ Proximity to Yaba’s commercial, tech, and educational hubs
The Fadeyi–Yaba axis connects easily to Surulere, Ilupeju, Maryland, Ikeja, and Lagos Island, making it a preferred choice for tenants who want convenience and reduced commute time.
📐 LAND DETAILS
- Land Size: 1,477 Square Metres
- Title: Certificate of Occupancy (C of O)
- Land Value: ₦740 Million
- Rate: ₦500,000 per SQM
This sizable land parcel is suitable for structured residential development with optimal spacing, parking, and modern amenities.
🏗️ PROPOSED DEVELOPMENT
The recommended development plan is the construction of:
TWO (2) BLOCKS OF FLATS
- Fully self-contained units
- Designed to be modern, functional, and market-ready
- Suitable for long-term rentals or outright sales
Given the high rental demand in Yaba, this development promises strong cash flow, quick absorption, and excellent return on investment (ROI).
🤝 JOINT VENTURE STRUCTURE – A TRUE WIN–WIN
Sharing Formula: 50% / 50%
Allocation:
- Developer: Takes 1 complete block of flats
- Land Owner: Takes 1 complete block of flats
Contributions:
- Developer:
- Bears full construction and development cost
- Oversees project execution and delivery
- Land Owner:
- Contributes the land
- Transfers development rights under JV agreement
This structure allows both parties to benefit equally from the completed project without cash land acquisition by the developer.
💼 FACILITATION & PROFESSIONAL ENGAGEMENT
- Facilitator’s Fee: 10%
- Documentation: Fully backed by a Facilitator’s Fee Letter prior to engagement with the landowner
All dealings are handled transparently and professionally to ensure a smooth transaction.
✅ PROCEDURE FOR CLOSURE
Interested developers are expected to follow the outlined process:
- Submission of Letter of Interest (LOI)
- Site Inspection
- Architectural Concept & Development Proposal
- Agreement on Building Specifications and Project Scope
- JV Documentation and Execution
Only serious and capable developers are encouraged to proceed.
📈 WHY INVEST IN THIS YABA JV?
- High population density and rental demand
- Proximity to universities, tech hubs, and business centers
- Fast project absorption after completion
- Secure land title (C of O)
- Balanced JV structure with clear asset sharing
Yaba remains one of the most reliable locations for residential developments on the Lagos Mainland.
📞 CONTACT & ENQUIRIES
For JV discussions, inspection scheduling, and documentation review:
📱 Call / WhatsApp: 08034139285
🔔 FINAL NOTE
Opportunities like this—large land size, prime location, secure title, and equal JV sharing—are increasingly rare in Yaba. This is an excellent chance for developers to partner on a high-yield, low-risk urban residential project.
Real