Joint Venture: Exceptional Joint Venture Opportunity In Oniru, Oniru Market Road, Oniru, Victoria Island (VI), Lagos | 200 Beds (Ref: 3030897)

Exceptional Joint Venture Opportunity In Oniru

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Property Description

FOR SALE: Joint Venture Opportunity in Oniru, Lekki

Property Overview:
We are pleased to present an exceptional joint venture opportunity for developers and investors in the prime location of Oniru Market Road, Lekki. This property spans an expansive 2.875 acres and is ideal for high-rise development, offering significant potential for growth and profitability.

Key Features:

- Property Size:
- Total Area: 2.875 acres
- Location:
- Located on Oniru Market Road, Lekki, a rapidly developing area known for its commercial viability and upscale residential communities.
- Documentation:
- Title: Certificate of Occupancy (C of O), ensuring secure ownership and a seamless transaction process.
- Valuation:
- Valuation Rate: ₦1.200 Million per square meter
- Profit Sharing:
- Profit Sharing Structure: 50/50
- Premium:
- Premium: ₦100 Million (Negotiable)
- Agency Fee:
- Agency Fee: 10% of land value
- Development Potential:
- Preferred Construction: 10 to 12 floors, offering lucrative opportunities for residential or commercial projects.

Investment Highlights:
This joint venture opportunity is perfect for investors looking to capitalize on the booming real estate market in Lekki. The property's strategic location and development potential make it an attractive proposition for substantial returns on investment.

Contact Information:
For further inquiries or to discuss this joint venture opportunity in detail, please contact us at [Your Contact Information].

Don't miss out on this chance to partner in a promising development in one of Lagos's most sought-after areas!
Ref: Wale


Property Details

Property Ref: 3030897Last Updated: 13 Aug 2025Market Status: Available
Type: Flat / ApartmentBedrooms: 200Total Area: 2,873 sqm

Interesting Facts

You might be wondering if Victoria Island is an actual island based on its name. No, it is not right now, but it used to be.

Victoria Island was once completely surrounded by water until the colonial government sand-filled the eastern part to prevent mosquito breeding in the swampy area. It ended up with land areas connecting Victoria Island to Lekki Peninsula after it was sand-filled.

Leisure and Shopping

Victoria Island is home to the SPAR shopping mall, which is a one-stop shop for all of your retail needs. Goodies Supermarket is another well-stocked supermarket that sells a wide variety of items such as beverages, cosmetics, wine, toys, and so on. Other shopping options include Mega Plaza, Hubmart Store, Landmark Boulevard, XYLO, and Bijoux Mall.

Popular Estates

1004 Estate, the current largest single luxury high rise estate in Sub-Saharan Africa, is located on Victoria Island.

1004 Housing Estate is an 11-hectare housing estate with over 1000 apartments that was originally owned by the Federal Government before being purchased by private investors in 2007. The estate is located in the business and recreational district of Victoria Island.

There are four swimming pools on the estate for relaxation, as well as tennis courts for sports enthusiasts. The estate is also secure, and power is always available.

Day Life

Known for being an entertainment hub, Victoria Island has numerous places to hang out, eat, chill and have a great time.

Silverbird and Filmhouse cinemas are recommended for moviegoers. Oniru Beach, located on Victoria Island, is one of the most popular beaches in Lagos. Ocean Basket is the Mediterranean's seafood mecca. The Red Door Gallery is a must-see for art enthusiasts. It can be found within the Silverbird Galleria.

Kappadocia Lagos is Lagos' first and only cave restaurant. The architectural design creates the illusion that you are in a cave.  

Night Life

In Victoria Island, the night is always young. Get your dancing shoes on and choose from any of the bubbling spots to experience the nightlife here.

If you live in Lagos, you have probably heard of Club Quilox. This is one of the hottest clubs in Lagos, and many celebrities frequent it.

Othello's Lounge is located in the heart of Victoria Island. Here you can get reasonably priced drinks and chops.

At LiVE! Lounge, you can expect to see live bands, karaoke, and comedy nights. They have both indoor and outdoor seating options, depending on your preference.

Schools

If you live on Victoria Island, you will not have to look far for good schools. American International School of Lagos is an international school that serves students from preschool to grade 12. Boston Academy, Crescent Schools, Cranberry School, White Oak Preparatory School, and Kuramo College are also popular primary and secondary schools. The Nigerian Law School and the Now Open University are also located on Victoria Island (NOUN).

Read the full area guide for Victoria Island (VI), Lagos.

Interested in this property?

Call 0902 XXXX Show Phone
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