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Mixed-use land joint venture

Joint Venture This Is Lekki's Next Waterfront Headline.20000sqm

Off Ladipo Latinwo Crescent, Lekki Phase 1 Extension. Sitting Directly, Lekki Phase 1, Lekki, Lagos
₦1,500,000
#354-684-2 28 Jun
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Mixed-use Property type

About this property

* WATERFRONT POWER MOVE: 20,000 SQM LEKKI PHASE 1 EXTENSION DUAL CARRIAGEWAY FRONTAGE LINKING LEKKI FORESHORE TO PHASE 1 *

This is Lekki's next waterfront headline. And it is 20,000 sqm of it.

*The Location That Commands Attention:*
Off Ladipo Latinwo Crescent, Lekki Phase 1 Extension. Sitting directly on the new dual carriageway connecting Lekki Foreshore to Lekki Phase 1. High visibility today, heavy traffic tomorrow. Certified survey plan in place. Clean for due diligence.

*The Asset:*
- *JV Land Size:* 20,000 sqm. Owner holds 30,000 sqm total
- *Type:* Waterfront. Direct access for premium residential, hospitality, or mixed-use
- *Note:* Part of the land requires sandfilling. Factor this into project costing and timeline
- *Land Value:* ₦1.5M per sqm. ₦30 Billion for 20,000 sqm

*The JV Structure:*
- *Sharing:* 60/40. Developer 60%, Landowner 40%
- *Entry Premium:* ₦900M non-refundable
- *Facilitation Fee:* 10%

*Why This Is A Play:*
- *Connectivity:* On the dual road linking Lekki Foreshore to Phase 1. Future traffic and visibility locked in
- *Waterfront:* Direct water access for high-end living or hospitality
- *Scale:* 20,000 sqm allows for a master-planned estate or phased development
- *Docs:* Certified survey plan available. Ready for serious due diligence

*Who Moves Next:*
Send developer company profile, LOI, agency letter, and proof of funds.
Serious developers with capacity for waterfront projects only.
Inupa

Property details

Reference ID #354-684-2
Listed by Charis Top Luxury Properties
Property type Mixed-use Land
Listing status Mixed-use land joint venture

Area guide — Lekki

Lagos

Interesting Facts

Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum? 

Leisure and Shopping

There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.

Popular Estates

Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety o...

Day Life

Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time i...

Night Life

Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are alway...

Schools

Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.

Read the full area guide for Lekki, 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 Charis Top Luxury Properties. 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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