Propose 4 974 Sqm Land For Maisonettes, Blocks Of Flat
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Property Description
JOINT VENTURE IN BANANA ISLAND*
Land Size: 4,947.766sqm
Vacant land in a residential area of Banana Island, Ikoyi, Lagos.
*VALUE*:- #4m/sqm
*TITLE*:- C of O.
*PROPOSAL*:- Flats/Maisonettes and Penthouses on 6 floors
*FACILITATOR'S FEE*:- 10% of total land value.
*PREMIUM* = Nil
Proposal with Animations available on request.
*Sharing*= 50:50
Our intention is to develop the landed property, to design, build and finance the 18 Luxurious
dwelling types of
3 bedrooms apartments(6 units),
5 bedroom penthouses,(6 units),
5 bedroom maisonettes (6 units).
We are proposing that proceeds from the sale of the 2 blocks on 5 suspended floors will be shared 50:50
*Projected Revenue:*
$6m/pent, (600sqm each)..
$4m/maisonette (400sqm each) and
$2m/aparments (200sqm each)
30% discount for off-plan sales.
*PROCEDURE*
*A. BEFORE INSPECTION:*
- Letter of Intent
- Letter of facilitators fee
- Company's Profile
*B. AFTER INSPECTION:*
- Detail preliminary proposals
- Proof of Funds
- Past Projects Details
- JV Agreement
- Payment of Facilitators fee
Property Details
| Property Ref: 3312690 | Last Updated: 26 Jan 2026 | Market Status: Available |
| Type: Residential Land | Total Area: 4,947 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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