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Land joint venture

Newly Out 1, 000SQM Waterfront Joint Venture in an Estate

Lekki Foreshore Estate, Lekki Phase 1, Lekki, Lagos
₦900,000,000
#354-869-1 29 Jun
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1,000 m² Plot size
Land Property type

About this property

*S-DIRECT JOINT VENTURE*
LEKKI FORESHORE JV --- PREMIUM WATERFRONT DEVELOPMENT PLAY

A rare Joint Venture opportunity in one of Lekki Phase 1's most prestigious residential locations, structured for serious developers with capacity and vision.

Lekki Foreshore Estate, Lekki Phase 1
2,003sqm (Owner is willing to use 1000sqm for JV)
Land Value for 2,003sqm: ₦1.8Billion
Land Value for 1,000sqm: 900m
️ Premium: ₦50M (Non-Refundable)

Development Proposal:
- 17 Units of 3/2/1 Bedroom Flats
- Construction Timeline: 1yr 6 Months

Sharing Formula: 50/50
(50% Landowner 50% Developer)

Title: Governor's Consent
Facilitator's Fee: 10% of Land Value (Negotiable)

Prime location. Strong rental demand. Excellent development economics.

Property details

Reference ID #354-869-1
Listed by Gzerky Lands & Properties Limited (glp)
Property type Land
Listing status Land joint venture
Plot size 1,000 m²

Area guide — Lekki

Lagos

Interesting Facts

Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum? 

Leisure and Shopping

There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.

Popular Estates

Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety o...

Day Life

Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time i...

Night Life

Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are alway...

Schools

Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.

Read the full area guide for Lekki, Lagos

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Disclaimer

The information displayed about this property comprises a property advertisement. Nigeria Property Centre makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Nigeria Property Centre has no control over the content. This property listing does not constitute property particulars. The information is provided and maintained by Gzerky Lands & Properties Limited (glp). Nigeria Property Centre shall not in any way be held liable for the actions of any agent and/or property owner/landlord on or off this website.

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