Mixed-use land joint venture
Waterfront Land Alert - 20, 000 SQM
*waterfront JV alert -- lekki phase 1 extension 20,000 sqm Off Ladipo Latinwo > lekki phase 1 60:40 Split Rare waterfront parcel on the new dual carriageway linking Lekki Foreshore to Lekki Phase 1. Certified survey available. Location: Off Ladipo Latinwo Crescent, Lekki Phase 1 Extension. Directly on the dual road from Lekki Foreshore Estate JV Land Size Only : 20,000 sqm [Owner holds 30,000 sqm total] Type: Waterfront. Part requires sandfilling Land Value: ₦1.5M/sqm = ₦30Billion for 20,000 sqm Entry Premium: ₦900M non-refundable Sharing: 60:40 [Developer 60%, Landowner 40%] Facilitation Fee: 10% Why this is a play: - Location: On the dual road connecting Lekki Foreshore to Phase 1. High visibility and future traffic - Waterfront: Direct access to water for premium residential, hospitality, or mixed-use - Scale: 20,000 sqm allows for a master-planned estate or phased development - Docs: Certified survey plan in place. Clean for - (Adek IkjMag))princ(Ake