Joint Venture: 948 Sqm Of Land At Lekki Phase 1, Off Bisola Durosinmi Etti Drive Lekki Phase 1, Lekki Phase 1, Lekki, Lagos | 20 Beds (Ref: 3536099)

948 Sqm Of Land At Lekki Phase 1

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Flats / Apartmentss joint venture in Lekki, LagosFlats / Apartmentss joint venture in Lekki Phase 1, Lekki, Lagos
  • 20 Bedrooms
  • 984 sqm Total Area
  • 984 sqm Covered Area

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Property Description

*FOR JV: LEKKI PHASE 1 ABIKE ANIMASHEUN OFF DUROSIMI-ETI 948 SQM 18-UNIT BLOCK OF FLATS 50/50 SPLIT*

Prime Lekki Phase 1 land off Durosimi-Eti. Build 18 units of 2 and 3 bedroom flats in a high-demand pocket with clean Governor's Consent.

*THE JV:*
- *Location:* Abike Animasheun, off Durosimi-Eti, Lekki Phase 1
- *Land Size:* 948 SQM
- *Proposal:* Block of flats. 18 units of 2 or 3 bedroom apartments
- *Title:* Governor's Consent
- *Land Value:* ₦1.8 Billion
- *Premium:* ₦110 Million
- *Sharing Formula:* 50% Developer / 50% Landowner
- *Facilitators Fee:* 8% net. Non negotiable

*THE UPSIDE:*
Lekki Phase 1 delivers instant tenant demand and premium rents. 50/50 split with Governor's Consent in place means fast mobilization and clean exit. Build to market, lease to corporate tenants, capture Phase 1 yields.

Developers ready to move, this is your Lekki Phase 1 entry.


Property Details

Property Ref: 3536099Last Updated: 20 Jun 2026Market Status: Available
Type: Flat / ApartmentBedrooms: 20Total Area: 984 sqm
Covered Area: 984 sqm      

Interesting Facts

Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum? 

Leisure and Shopping

There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.

Popular Estates

Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.

Day Life

Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.

Night Life

Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.

Schools

Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.

Read the full area guide for Lekki Phase 1, Lekki, Lagos.

Interested in this property?

Call 0803 XXXX Show Phone
View Similar Property
Flats / Apartmentss joint venture in Lekki, LagosFlats / Apartmentss joint venture in Lekki Phase 1, Lekki, Lagos
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Advanced Orients & Co

 No 26 Bisola Durosinmi Etti Drive Lekki Phase 1, Lekki, Lagos, Nigeria

  0803 XXXX Show Phone

  +2348033842143

  Registered 8 years ago

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