Residential land joint venture
Residential land joint venture
Residential Land with Development Potential
About this property
Joint venture opportunity -- lekki Location: Lekki, Lagos Land Size: 1,000 sqm Location Advantage: Situated directly on a major road, beside bugati apartment Development Proposal The proposed development comprises:
- 16 Units of 2-Bedroom Flats
- 2 Units of Penthouses
- Total: 18 Residential Units
Joint venture structure Sharing Formula: 50% / 50% The landowner and developer will share the completed development on a 50:50 basis, subject to the agreed JV terms. Land value ₦1,000,000,000 (One Billion Naira) Facility / agency fee 10% --- Non-Negotiable Development Timeline 18 months + 3 months grace period. Summary This is a strategic joint venture opportunity for a capable and experienced developer seeking a prime Lekki location with strong residential development potential. Land Value: ₦1 Billion Land Size: 1,000 sqm Development: 16 × 2-Bedroom Flats + 2 Penthouses JV Sharing: 50:50 Facility Fee: 10% non-negotiable Timeline: 18 months + 3 months grace O d
Property details
Area guide — Lekki
Interesting Facts
Did you know Lekki was named after a Portuguese sailor named Mr. Lecqi? I bet you didn’t.
Leisure and Shopping
Lekki has a wide range of shopping opportunities. Do you prefer to shop indoors or outdoors? Whatever you are, Lekki has you covered. With so many malls in the area, shopping in Lekki can be a lot of fun.
Popular Estates
Northern Foreshore Estate, one of the most expensive estates in Lekki, provides an adequate drainage system for its residents. It has been able to curtail the known flooding issues of Lekki environs.
Day Life
Recreational centres...check! Beaches….check! Restaurants…. check! Lekki is unquestionably a one-stop shop for fun and entertainment.
Night Life
Ebony Lounge, Jesse Lounge, Club Mirage, Novato Night Club, and Elysium Night Club are all great places to hang out. You can also party at any of these beach clubs: Mood Beach Club, Wave Beach Club, and Moist Beach Club.
Schools
Schooling in Lekki is definitely not basic. Lekki boasts of having some of the most expensive and best schools in Lagos. The thing about schools in Lekki is that they offer more than just conventional teaching.
Read the full area guide for Lekki, Lagos
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Disclaimer
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