6,000 Sqm Of Land
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Property Description
*prime joint venture opportunity in ikoyi, lagos*
*location* : alexandra road, ikoyi
*land size* : 6,000 sqm
*title* : c of o
*land value:* ₦15b
*proposed development:* 15 units of 6-bedroom luxury detached mansions
*profit sharing:* to be mutually agreed upon
*facilitator fee:* 10%
*the jv concept here is not a profit sharing type but sales development type. *
*the developer takes on the project with part payment and a deferred balance for the land over a period from off takers closure and the developer/investor have the entire project there after. *
_
*project synopsis*
Cost of land=#15b
Cost of building *15nos* fully detached fully automated 6-br mansions (each on 3 suspended floors)= *#12b*
Total investment=. *#27b*
*projected revenue*
Each 6 bedroom mansion on 4 floors sells at $4m usd each on completion. == *$60m* usd
=== *100b* naira
High roi
Excellent investment. *"attached above is a visual representation of the jv development concept for the alexander land. *
Kindly share this with your developer. If he's comfortable with it, please have him get back to us. "
Let me know if you want it to sound more formal or more casual. Fat
Property Details
| Property Ref: 2811982 | Last Updated: 12 Apr 2025 | Market Status: Available |
| Type: Land | Total Area: 6,000 sqm | Covered Area: 6,000 sqm |
Interesting Facts
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Leisure and Shopping
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
Popular Estates
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
Day Life
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Night Life
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Schools
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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