A Standard, Massive Land
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Property Description
*JV IKATE*
Pre-condition for the JV
Ikate land beside Veri tasi homes terraces
Land Size *2,400sqm*
Land Value 1.7B
Nrs of unit: 50 apartments plus penthouses.
Timeline 24months
CofO and Governor's consent processing & all fees will be taken care by land owner
Developer will be responsible for building approval processing & all fees
Buy 3units upfront with 50% payment upon signing and balance upon completion of the foundation
Proof of fund 1.5B
Sharing ratio
Land owner 40%
Developer 60%
Signing bonus 50M
Penalty
Rental income on each unit after grace period of 120 days from supposed delivery date.
Once the above is agreeable,kindly go ahead and do preliminary drawings for the project clearly showing the site layout and typical floor plans of the Typology
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#Rokeebat#Boss(Nkem)
Property Details
| Property Ref: 2972627 | Last Updated: 13 Jul 2025 | Market Status: Available |
| Type: Mixed-use Land | Total Area: 2,400 sqm |
Interesting Facts
Because of its proximity to popular destinations and attractions in Lagos, Ikate is a very interesting neighbourhood. It is also a popular destination for celebrities and businesses.
Leisure and Shopping
Ikate has just the right number and variety of markets and malls to make your shopping experience as easy and enjoyable as possible. Lekki Arts and Crafts Market, Pearl Market, The Lennox Mall, Blenco African Market, Itedo Market, and Elegushi Modern Market are among the markets and malls to visit.
Popular Estates
There are numerous good estates in Ikate to choose from, all of which offer its residents a peaceful living environment. Brown State Lekki Estate, Abiola Court 6 Estate, Richmond Gate Estate, SpringVille Estate, Horizon Court Estate, Haven home, Spring Bay Estate, and Vintage Park Estate are just a few examples.
Day Life
Despite being primarily a residential neighbourhood, Ikate has a good number of recreational and entertainment options. Leisure sports park, Kos Lagos, Family affairs plaza, Bambooka, Komfort Wellness Place, Hungrybelly restaurant, Stories Lounge, and Upbeat bites are some of these locations.
Read the full area guide for Ikate, Lekki, Lagos.
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