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Residential land joint venture

Exclusive 3900 SQM Land

Glover Road, by Thompson Traffic Light, Old Ikoyi, Ikoyi, Lagos
₦20,280,000,000
#367-221-9 12 Sep 2026 Added today
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3,900 m² Plot size
Residential Property type

About this property

Glover road joint venture ready to close in 48 hours 7% facilitator fee = ₦1.4196BN net & non-negotiable approved 17-storey julius berger piled ₦20.28BN land value To close, WE require: 1. _*facilitator fee*:_ 7% net = ₦1.4196 billion - non-negotiable 2. _*Construction Partner*:_ Elelane, Julius Berger, Kapa D'bato, or Dubai-based Tier-1 Contractor 3. _proof of funds:_ pof Required __*location*_:_ Glover Road, by Thompson Traffic Light, Old Ikoyi, Lagos __*size_:* 3,900 SQM 80M x 50M __*title_:* bankable certificate of occupancy - C of O __*land value*_:_ ₦5.2M per SQM = _₦20.28 billion_ High-value deal highlights _*De-risked & Shovel Ready_:* Existing Approved Plan for 17-Floor High-Rise _*Capex Saved_:* Julius Berger Piling Completed. Cost Refundable Per Terms _*Time Arbitrage*_: Skip 18 Months Approvals. Go Straight To Superstructure _*Location Scarcity*_: Old Ikoyi. Zero New Land Supply. Premium Trophy Address _*Bankable Exit*_: New Builds in Ikoyi Sell ₦3M - ₦5M Per SQM Off-Plan Mandate requirements `Direct Developers / principals only. 1. Letter of Intent - loi 2. Company Profile + Proven Track Record

Property details

Reference ID #367-221-9
Listed by 5050properties
Property type Residential Land
Listing status Residential land joint venture
Plot size 3,900 m²

Area guide — Ikoyi

Lagos

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 sop...

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 rec...

Read the full area guide for Ikoyi, Lagos

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