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Land joint venture in Ikoyi, Lagos Mixed-use Land joint venture in Ikoyi, Lagos Land joint venture in Banana Island, Ikoyi, Lagos
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Mixed-use land joint venture

511.66 Acres Waterfront Reclamation Investment

Banana Island, Ikoyi, Lagos
₦5,000,000,000
#359-064-1 26 Jul 2026 Added yesterday
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Mixed-use Property type

About this property

511.66 Acres Waterfront Reclamation Investment This is a rare opportunity for experienced investors and reclamation developers to partner on one of Lagos' most significant waterfront projects. Key Highlights: Location: Banana Island Estate, Ikoyi, Lagos Land Size: 511.66 Acres (Reclaimable) Title: Survey & Registered Supreme Court Judgment Premium: ₦5 Billion JV Structure: Sharing Formula -- To Be Agreed Facilitators' Fee: ₦2 Billion + 10% land allocation (or monetised equivalent) Water Access: Accessible via the Marina Waterway Investor Responsibilities:

  • Perfect the property's title.
  • Obtain all required reclamation approvals and permits from the relevant government agencies.

Transaction Process:

  • Letter of Intent (LOI)
  • Company Profile
  • Fee Protection Agreement (FPA)
  • Bank Comfort Letter

Property details

Reference ID #359-064-1
Listed by Jonela Concept
Property type Mixed-use Land
Listing status Mixed-use land joint venture

Area guide — Ikoyi

Lagos

Interesting Facts

Banana Island is steeped in fascinating historical facts that enhance its allure. The area's captivating history, status as an artificial island, exclusivity, and prestigious address all contribute to its legendary reput...

Leisure and Shopping

Banana Island offers a plethora of leisure and shopping options that cater to the refined tastes of its esteemed residents. Residents of Banana Island can indulge in high-end retail therapy, embrace the tranquility of lu...

Popular Estates

Banana Island proudly showcases a collection of prestigious estates that embody the essence of lavish living. These highly coveted residential developments feature architectural masterpieces that provide awe-inspiring vi...

Day Life

Throughout the daytime, Banana Island buzzes with vitality, boasting a diverse selection of dining establishments, enjoyable venues such as the Banana Island Sports Field for families, and captivating establishments like...

Night Life

Banana Island provides a serene and exclusive residential atmosphere, making it an ideal place for residents seeking a peaceful lifestyle. It is primarily known for its residential properties and luxurious lifestyle rath...

Schools

Banana Island not only boasts of magnificent residential estates and top-tier amenities but also grants residents access to exceptional educational institutions. Families seeking a world-class education for their childre...

Read the full area guide for Ikoyi, 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 Jonela Concept. 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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