A rare Joint Venture (JV) opportunity is available in Lekki Phase 1 proper, one of Lagos’ most prestigious and rapidly appreciating neighborhoods. This is an ideal project for developers looking to deliver high-rise luxury apartments or blocks of flats in a prime location with exceptional market appeal.
This opportunity is corner-lot, high-visibility, and fully cleared for development, making it perfect for serious developers with a track record in upscale residential projects.
📍 Location
Lekki Phase 1 Proper, Lagos
The property is strategically positioned in a thriving and secure residential district, offering:
- Excellent connectivity to major roads and the Lagos-Ajah expressway
- Proximity to commercial centers, schools, retail, and recreational facilities
- High-end neighborhoods with strong demand for residential housing
- Rapidly appreciating land values and strong rental income potential
Being in Lekki Phase 1, this property attracts top-tier tenants and buyers, ensuring high returns for developers.
📐 Land Details
Size: 1,600 sqm
Title: Lagos State Certificate of Occupancy (C.O.O)
Key Features:
- Corner property: Maximum visibility and flexibility in building design
- Dual-gate access: Enhances security, traffic flow, and project functionality
- Exceptional car parking: Under-deck parking provision to maximize usable space
- Ready for high-rise development: Ideal for luxury blocks of flats
This layout is perfect for developers seeking to combine efficient land use with premium residential design.
💰 Land Value & Investment
Land Value: ₦2.5 Billion
Considering the prime Lekki Phase 1 location, corner plot status, and readiness for high-rise development, this is a highly attractive investment with excellent long-term appreciation potential.
🏗 Proposed Development
High-Rise Residential Blocks (A & B)
The landowner envisions blocks of flats with modern architecture, targeting:
- Young professionals and executives
- Families seeking upscale residences
- Investors interested in high-yield rental properties
The property allows for flexible design planning, and its corner location ensures optimal natural lighting, ventilation, and accessibility for all units.
💼 Joint Venture & Facilitator Details
Facilitator’s Fee: 8–10%
Prerequisites for Engagement:
- Letter of Intent (LOI)
- Comprehensive Proposal outlining development plans
- Facilitator’s Fee Letter
The landowner is specifically looking for credible developers with a proven track record in luxury or high-rise residential projects.
✨ Why This JV Stands Out
- Corner Plot with Dual Gates: Rare in Lekki Phase 1, provides flexibility and premium accessibility.
- Exceptional Car Parking: Under-deck parking optimizes land use and adds value for future tenants.
- Ready for High-Rise Development: Ideal for blocks of flats, maximizing ROI.
- High Visibility: Prime location ensures strong demand and long-term capital appreciation.
- Fast-Track JV Possibility: Serious and credible developers can respond and move the project forward immediately.
📞 Contact / WhatsApp
Serious developers ready to explore this high-potential JV opportunity can reach out directly:
Contact/WhatsApp: 08034139285