Residential land joint venture
Lekki Foreshore Scheme, Freedom Way, Lekki Phase 1, Lekki, Lagos
Joint venture development opportunity in lekki foreshore, freedom way
parcel b, block d, plot 7 1,002.377 sqm sand-filled governor's consent land value: ₦800m
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property overview
- location: lekki foreshore scheme, freedom way, lekki, lagos
- land size: 1,002.377 sqm (as per registered survey)
- title: governor's consent (in name of edobor ozakpolor)
- survey plan no.: utm zone 31, scale 1:1,000
- land value: ₦800,000,000
- status: sand-filled, stable, and ready for development
- jv sharing: 50/50
- facilitator's fee: 10% of land value (₦80m upon deal closure)
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key highlights
- prime foreshore position -- strategically located at the heart of lekki foreshore
- sand-filled land -- no foundation issues, construction-ready
- clear governor's consent -- legitimate title for secure ownership
- structured jv proposal -- landowner seeks developer for blocks of flats
- no premium -- straightforward 50/50 split after costs
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️ proposed development
- blocks of flats -- high-end residential apartments
- mix of units -- can include 2-bed, 3-bed, and penthouse units
- modern amenities -- secure parking, 24/7 power, swimming pool, gym, etc.
- target market -- expatriates, executives, and high-income tenants/investors
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lekki foreshore benefits
- prestigious waterfront scheme -- one of lekki's most exclusive addresses
- secure & serene -- gated estate with controlled access and security
- growing demand -- high occupancy rates for quality residential projects
- connectivity -- easy access to freedom way, lekki-epe expressway, and victoria island
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financial overview
- land value: ₦800 million
- facilitator's fee: 10% = ₦80 million (paid by landowner upon jv signing)
- jv structure: 50/50 profit sharing after cost recovery
- development funding: to be provided by the developer
- expected roi: high given lekki foreshore premium positioning
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joint venture terms
- landowner contribution: titled, sand-filled land (₦800m value)
- developer contribution: full construction funding, project management, delivery, and marketing
- profit share: 50/50
- ideal partner: established developer with experience in high-rise/flat developments
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invitation to qualified developers
this is a titled, ready, and strategically located land offering in lekki foreshore. the landowner is seeking a credible and financially capable development partner to execute a premium block of flats project.
interested developers should:
- submit company profile and track record
- conduct site and title due diligence
- present a preliminary development proposal
- negotiate jv terms and structure
a clear, titled, and actionable jv opportunity in one of lekki's most desirable waterfront estates.
ready for immediate engagement with serious partne...
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₦800,000,000
Ac Valour International
08036503218