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Residential land joint venture

1, 400 SQM of Well Drained Residential Land

Banana Island, Ikoyi, Lagos
₦6,500,000,000
#363-232-0 20 Aug 2026 17 views · last 30 days
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Residential Property type

About this property

JV development opportunity banana island, lagos ₦6.5BN land value ₦20BN+ projected GDV 1,400 SQM There are properties you can buy. And there are development opportunities that rarely come to market. This is the latter. We are representing a confidential development opportunity in Banana Island, Lagos, involving approximately 1,400 SQM of prime land with a Federal C of O and survey documentation available for review. The Development Brief The site is suitable for a carefully positioned luxury residential development, with the current concept structured around: Option a: Luxury Apartments Option B: 4 Ultra-Luxury Terraces Indicative Land Value: ₦6.5BN Projected GDV: ₦20BN+ Indicative Unit Values: ₦1BN--₦3BN+ Proposed JV: 50/50 --- subject to negotiation Facilitator's Fee: ₦650M The opportunity is being presented strictly to qualified, financially capable developers and investment principals. WHY this deal? Banana Island is not simply another Lagos residential location. It is a globally recognisable luxury address with limited development opportunities, strong hnwi demand and a buyer profile capable of supporting premium pricing. For the right development partner, the proposition is straightforward: Prime land. Prime address. Premium product. Significant development upside. Private deal room access This is not a mass-market listing. No public circulation of the full documentation. No speculative inquiries. No intermediaries witho Access to the survey, title documentation, development information and owner discussions will be provided progressively following qualification. Qualification process 01 --- Developer / Company Profile 02 --- Proof of Funds 03 --- Site Inspection 04 --- Survey & Title Review 05 --- Development Proposal 06 --- Facilitator's Fee Letter 07 --- Owner Meeting 08 --- JV Structuring & Documentation Direct developers and qualified investment principals only. If your mandate is to secure trophy development land in Lagos' premier luxury residential market, this is an opportunity worth having a private conversation about. Confidential Pof required Private deal N.e.w.s Realty Limited +234 813 714 3886 +234 813 743 9166 Secure the land. Build strategically.

Property details

Reference ID #363-232-0
Listed by News Realty Limited
Property type Residential Land
Listing status Residential 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 News Realty Limited. 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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