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CWL1490
Land Measuring 1600sqm in Ikoyi
A rare joint venture opportunity is available on the prestigious Bourdillon Road, Ikoyi---one of Lagos' most exclusive luxury residential corridors. Sitting on 1,600sqm of prime land, this project is ideal for developers with a proven track record in delivering high-end developments within Ikoyi or Victoria Island.
The proposed development is suitable for luxury apartments, maisonettes, and penthouses, catering to the growing demand for premium residences in Ikoyi. This partnership structure offers an attractive profit-sharing arrangement and the opportunity to develop a landmark residential project in a highly sought-after location.
Development Details
Location: Bourdillon Road, Ikoyi, Lagos
Land Size: 1,600sqm
Title: Lagos State Title
Land Value: ₦4,500,000 per sqm
Estimated Land Value: ₦7.2 Billion
Proposed Development
Luxury Apartments
Maisonettes
Penthouses
High-End Residential Development
Joint Venture Terms
Developer must have a proven development track record in Ikoyi or Victoria Island
Premium Payment: ₦550,000,000
Profit Sharing Ratio: 45:55 (in favour of the developer)
Landowner Contribution: Land
Developer Contribution: Development and Project Execution
Ideal Development Partner
This opportunity is best suited for experienced real estate developers, development firms, investment consortiums, and institutional investors with a strong portfolio of luxury residential projects in Lagos.
Broker's Fee
10%
Location
Bourdillon Road, Ikoyi, Lagos
Property Type
Joint Venture Development Opportunity
Land Size
1,600sqm
FOR MORE INFORMATION, PRICING AND PRIVATE VIEWING
Please Contact:
Emmanuel: 09088072106
Lilian: 09062511340
Email: [email protected]
Website: www.cwlagos.com
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| Property Ref: 3526988 | Last Updated: 15 Jun 2026 | Market Status: Available |
| Type: Land |
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?
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.
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.
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.
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.
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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