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Mixed-use land joint venture

Sandfilled 3, 500 SQM JV Directly on Monastery Road

Monastery Road, Sangotedo, Ajah, Lagos
₦2,100,000,000
#354-444-7 26 Jun 2026
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Mixed-use Property type

About this property

Fantastic joint venture directly on monastery road fully sandfilled, fenced and gated 3,500 SQM value: Outright ₦1.75B JV ₦2.1B 10% facilitator's fee developers delight governor's consent Outright Purchase Location: Off Monastery Road, Sangotedo, Lagos Land Size: 3,500 SQM Title: Governor's Consent Price: ₦500k/SQM Total Land Value: ₦1.75 Billion Alternatively -- Joint Venture Partnership Land Size: 3,500 SQM Premium: ₦150M ️ Typology: Terrace Duplex Only Sharing Formula: 60/40 in favor of landowner Land Value: ₦600k/SQM Total Land Value: ₦2.1 Billion Facilitator's Fee: 10% = ₦210 Million

Property details

Reference ID #354-444-7
Listed by 5050properties
Property type Mixed-use Land
Listing status Mixed-use land joint venture

Area guide — Ajah

Lagos

Interesting Facts

Sangotedo boasts a captivating history intertwined with Nigeria's past, a thriving real estate market, and strategic access to key transportation routes, making it a unique and promising location.

Leisure and Shopping

Sangotedo offers a vibrant blend of both traditional markets and contemporary shopping destinations, creating a diverse leisure and retail experience. Notable places such as Novare Mall, Paris Plaza, Olasuru Shopping Com...

Popular Estates

Sangotedo boasts a diverse selection of well-known estates, each presenting distinctive attributes, safety measures, and lifestyle choices. Included among these are Westpoint Estate, Diamond Estate, Fountain Springville...

Day Life

Sangotedo provides a rich array of daytime activities, including options for dining, family-friendly amusement parks, sports facilities, restaurants, and access to quality education. Some of the enticing destinations to...

Night Life

Sangotedo awakens with vibrant energy as the night falls, offering a dynamic nightlife scene filled with nightclubs, karaoke spots, international dining, and the serene allure of Sangotedo Beach. Among the plethora of op...

Schools

Sangotedo boasts a diverse array of esteemed educational institutions, all dedicated to providing top-notch learning experiences and equipping students for a promising future. Among these prestigious schools are Crown Cr...

Read the full area guide for Ajah, Lagos

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