Joint Venture: Hot Joint Venture Land Measuring 409sqm Cornerpiece, Obalende, Lagos Island, Lagos (Ref: 3443692)

Hot Joint Venture Land Measuring 409sqm Cornerpiece

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Land joint venture in Lagos Island, LagosLand joint venture in Obalende, Lagos Island, Lagos
  • 409 sqm Total Area

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Property Description

HOT JOINT VENTURE LAND MEASURING 409SQM CORNER PIECE IN OBALENDE, LAGOS

This is a hot joint venture opportunity in the bustling commercial hub of Obalende, Lagos Island, strategically positioned on a corner piece plot; offering excellent visibility and access.

This project is ideal for developers seeking a high-yield mixed-use development in a busy, high-traffic commercial zone.

Proposal: 9units of 2bedrooms on 3 suspended floors with 6 lock up shops.

WHY THIS PROJECT?
Prime commercial location
Strong retail + residential income potential
Perfect mixed-use development
High foot traffic & visibility (corner piece advantage)
Fast rental yield & turnover

IDEAL FOR
Experienced developers
Investors targeting rental income (shops + apartments)
Those looking for quick ROI projects in Lagos Island

Land value: N400,000,000

Sharing formula: 50/50

Relocation fee N10,000,000

Facilitators fees. 10% of the land value.

Title Registered Deed.

Image code: CPP LD352

To schedule a viewing, send a dm or call,
+234 813 868 2907 or, +234 911 064 9112


Property Details

Property Ref: 3443692Last Updated: 23 Apr 2026Market Status: Available
Type: LandTotal Area: 409 sqm   

Interesting Facts

Lagos Island holds a treasure trove of interesting facts. Historically, it was the vibrant hub of the Brazilian Quarter in Lagos. Moreover, it's the exclusive host of the culturally significant Eiyo Festival. Adding to its charm, Lagos Island is also home to the transformed Freedom Park, originally a colonial-era prison. Notably, it serves as the esteemed headquarters for many Nigerian banks.

Leisure and Shopping

Lagos Island presents an exciting array of leisure and shopping opportunities. Those seeking unique finds can delve into the lively markets, including Balogun Market, where a wide range of items, from textiles to souvenirs, await exploration. Moreover, the island features contemporary shopping destinations such as The City Mall, Onikan Shopping Complex, and Mandillas Mall. As for leisure, Freedom Park and The Tom Jones Memorial Library offer tranquil retreats from the city's bustling pace, ensuring a diverse array of options to escape the urban hustle.

Popular Estates

Lagos Island is graced by a selection of distinguished residential estates, each presenting a unique lifestyle. From the luxurious ambiance of Banana Island to the contemporary conveniences of Oniru Estate, these upscale communities cater to a variety of preferences. Additional notable estates include The Address Homes, Gold Coast Estate, Parkview Estate, Dolphin Estate Phase II, LSDPC Housing Estate Phase 1, and Barnabas Gemade Housing Estate, further enhancing the island's reputation as a haven for exclusive living.

Day Life

Lagos Island comes alive during the day, providing a wide range of activities to captivate and entertain visitors. Whether you're in search of cultural immersion, a journey through history, or a glimpse into local life, this dynamic urban hub has something for everyone. You can venture to Freedom Park, Tinubu Square, Astro Soccer Nig Ltd, Harmony Garden, and when it's time to savor delicious food, options like Amala Place and Lagos Kitchen await your taste buds, among many other choices.

Night Life

Lagos Island boasts a vibrant nightlife scene with numerous entertainment options. From high-energy nightclubs like Quilox to beach parties at Tarkwa Bay, rooftop bars with panoramic views, live music venues like Terra Kulture, street food markets, cultural events, comedy clubs, karaoke bars, art galleries, and even boat parties along the coastline, there's something for everyone to enjoy. Just be sure to stay safe and soak in the lively atmosphere of this bustling nightlife hub.

Schools

Lagos Island boasts a rich educational landscape, encompassing esteemed institutions such as Dolphin High School, The Nectary Schools, Adebabs Inland Montessori School, King Ado Senior High School, and King's College, all of which play a pivotal role in shaping a promising future for the youth.

Read the full area guide for Lagos Island, Lagos.

Interested in this property?

Call 0707 XXXX Show Phone
View Similar Property
Land joint venture in Lagos Island, LagosLand joint venture in Obalende, Lagos Island, Lagos
Disclaimer

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Casa Prime Realty

 No 2 Wema Terrace Udi Street Osborne Foreshore Estate, Ikoyi, Lagos, Nigeria

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  +2347074597214

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