Residential land joint venture
Land joint venture
Prime 7500SQM Development Land on Offer
About this property
Prime JV opportunity within the secure and highly sought Abraham Adesanya Estate --- ideal for a high‑quality residential development targeting the mid‑to‑upmarket market in Lekki‑Ajah. Property Summary
- Location: Abraham Adesanya Estate, Lekki‑Ajah, Lagos
- Land Size: 7,500 sqm (0.75 hectares)
- Title: Certificate of Occupancy (C of O)
- Land Value: ₦2,500,000,000 (Two Billion Five Hundred Million Naira)
- Proposed Development Yield: 32 units --- thirty‑two (32) three‑bedroom terrace duplexes (layout noted as 8 x 4)
- Premium: Nil (owner indicates no premium)
- Facilitator's Fee: 10%
Opportunity overview
- Strategic JV proposition: Turnkey residential scheme already concepted by the owner. This provides a developer partner with a near‑ready design and floor plan, significantly reducing lead time to planning and delivery.
- High demand location: Abraham Adesanya Estate is a mature, well‑serviced estate with strong appeal to professionals, families and investors seeking secure residential addresses in Lekki‑Ajah.
- Attractive density: The proposed 32 units on 7,500 sqm offers a balanced scheme with comfortable plot allocation per unit, enabling attractive unit sizes and landscaping/amenity provision.
- Flexible arrangement: Sale or joint‑venture structures can be discussed --- owner is presenting the land for JV with no premium requested; detailed equity/return arrangements to be agreed between parties.
Advantages & selling points
- Clear title: C of O in place for immediate verification and due diligence.
- Design ready: Owner has an approved design and floor plans available for review --- faster move to approvals and construction.
- Estate amenities & security: Location within Abraham Adesanya Estate ensures access to estate infrastructure, security and existing community facilities---enhancing marketability and resale value.
- Developer economics: Low entry friction (design + title ready) and strong demand profile in Lekki‑Ajah improves project feasibility and exit options (sale or rental).
Next steps & due diligence
- Site inspection and review of C of O and design documentation available by appointment.
- Interested developers/investors should submit expression of interest outlining proposed JV structure (equity split, development timeline, funding plan).
- Standard due diligence recommended: title confirmation, estate consent process, planning approvals, and technical surveys.
Serious developers and investors only. All discussions confidential; facilitator fee of 10% applies. #daka
Property details
Area guide — Ajah
Interesting Facts
Do you know that Ajah is the best option for people who want to stay on the island but don't have the financial means to live in Ikoyi or VI? If you're looking for a place to stay on the island of Lagos that won't break...
Leisure and Shopping
Ajah caters to the needs of its residents by offering a plethora of shopping opportunities as the city grows in popularity. The neighbourhood is littered with shops, markets, malls, supermarkets, and stalls.
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Day Life
Fair Acres, located in Awoyaya, is a world-class park. It is a private country club that offers a variety of activities to its members, guests, families, and children. There is a kayaking lake, a world-class pool, a play...
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Schools
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