Prime Development Land For Joint Venture On Offer
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Property Description
JV OPPORTUNITY --- CAMERON, IKOYI
Prime Development Site: 4,000 sqm
Asking Price: ₦3,000,000 per sqm (Indicative Total: ₦12,000,000,000)
Document: Lagos State CFO
Transaction Type: Joint Venture opportunity
Overview
An exceptionally rare JV proposition in the heart of Ikoyi's Cameron / Kingsway corridor --- a 4,000 sqm parcel with Lagos State CFO, designed for a landmark twin high‑rise development. One tower is conceived as a luxury residential block fronting Cameron; the sister tower is a commercial high‑rise facing Kingsway Road. Dual frontage on two premium arteries creates unrivalled visibility, separate access lanes and maximises commercial and residential value.
Key Selling Points
- Strategic Ikoyi location: High-profile address on Cameron with direct exposure to Kingsway Road --- prime for affluent residents and corporate occupiers.
- Size & entitlement: Generous 4,000 sqm landbank suitable for high-density, mixed-use high‑rise development (subject to planning approvals).
- Clear documentation: Lagos State CFO in place to support a smooth JV structuring and eventual conveyance.
- Twin-tower concept: Distinct residential and commercial towers enable tailored design, separate ingress/egress and diversified income streams.
- Commercial upside: Kingsway-facing tower ideal for premium offices, serviced offices, hotel or retail podium, commanding top rentals.
- Residential appeal: Cameron-facing tower perfect for luxury apartments, penthouses and amenity-rich living --- strong demand from expatriates and high-net-worth buyers/tenants.
- Flexible JV structure: Attractive for developers seeking equity partnerships, design-build arrangements or phased development strategies.
- Value creation: Opportunity to optimise plot ratio, podium activation and vertical mix to maximise returns.
Development Opportunities
- Luxury residential apartments and penthouses with premium finishes and private amenities.
- Grade-A office accommodation or corporate suites in the Kingsway tower.
- Mixed-use podium with retail, F&B, wellness facilities and secure basement parking.
- Serviced apartment or boutique hotel conversion of one tower to diversify revenue.
- Phased delivery to de‑risk and accelerate ROI.
Investment Highlights
- Strong rental and capital appreciation potential given Ikoyi's scarcity of large developable sites.
- Dual-market exposure (residential + commercial) reduces single-sector risk.
- CFO title simplifies legal processes for JV structuring and project financing.
Next Steps
Serious developers and equity partners invited to request site pack, concept masterplan and legal/title documentation. Viewings and negotiations by appointment.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
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Ref: Remi HV World
Property Details
| Property Ref: 3034304 | Last Updated: 15 Aug 2025 | Market Status: Available |
| Type: Mixed-use Land | Total Area: 4,000 sqm |
Interesting Facts
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Leisure and Shopping
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
Popular Estates
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
Day Life
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
Night Life
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Schools
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track record of academic success.
Read the full area guide for Ikoyi, Lagos.
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21 Mojidi Street, Ikeja, Lagos, Nigeria
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