Mixed-use land joint venture
1,300 SQM Waterfront Land
Joint Venture Opportunity Admiralty Waterfront, Lekki Phase 1Lagos Nigeria. A rare institutional development opportunity in one of Lagos' most prestigious waterfront locations. Location: Admiralty Way & Waterfront, Lekki Phase 1, Lagos. Land Size: 1,300 SQM Title: Federal & State Certificate of Occupancy (Bankable Title)Development . Potential: Proposed 10-Storey Luxury Residential DevelopmentJV Structure: 50:50 Joint Venture with Landowner Investment Highlights Land Value: ₦4 Billion Landowner Premium: ₦500 Million Facilitator Fee: ₦400 Million Prime dual frontage along Admiralty Way and the waterfront Prestigious address with strong demand for luxury residential developments Clean, bankable title suitable for institutional financing This asset presents an exceptional opportunity for experienced developers seeking a landmark luxury residential project in Lekki Phase 1. Its prime waterfront location, dual frontage, and flexible 50:50 joint venture structure offer strong potential for premium pricing and attractive development returns. Developer Qualification To arrange a site inspection and meeting with the landowner, interested developers should provide: Company profile highlighting completed projects Letter of Intent (LOI) or development proposal outlining the proposed scheme, commitment to the ₦500 Million premium, and projected returns Company letter on official letterhead confirming commitment to the agreed facilitator fee Proof of Funds (POF) or evidence of financing capacity Serious institutional developers and investment partners are invited to engage. Contact n.e.w.s Realty Limited [email protected] +234 803 811 1032 +234 813 714 3886