Oceanfront 2.63 Hectares Mega Joint Venture
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Property Description
* MEGA JOINT VENTURE OCEAN SHORELINE RESIDENCE - LEKKI PHASE 1 RHS OCEANFRONT
DIRECT DEVELOPERS ONLY*
*50/50 SPLIT PILING DONE APPROVALS SECURED NO TIME WASTERS*
*Location:* Lekki Phase 1 Right Hand Side -- One of the last oceanfront blocks left
*Land Size:* *2.63 Hectares = 26,300 sqm* of premium waterfront land
️ *Concept:* 3 Towers, 10 Floors Each -- Ocean Shore Residence
*Land Value:* *₦20 Billion* *Agency Fee:* 10%
*STRICT JV TERMS:*
- *Direct Developer Only:* No brokers, no middlemen, no marketers. Principal developer only.
- *50/50 Sharing Formula:* Land for equity. Clean 50/50 split of units and proceeds.
- *No Time Wasters:* Do not reach out without capital and a delivery team.
*DEVELOPER MUST HAVE:*
Proven track record delivering high-rise luxury in Ikoyi, Banana Island, Victoria Island, or Lekki. Past project portfolio and references required.
*WHY THIS CLOSES NOW:*
- *De-Risked:* Piling fully completed by a top Nigerian firm. Building approvals secured.
- *Plug-and-Play:* Capital goes straight into vertical construction. Zero land prep delay.
- *End-of-Line Asset:* Lekki Phase 1 RHS oceanfront is finished. This is generational inventory.
*The Plan:*
- *Type A Tower:* 44 apartments -- 3x3Bed, 4x4Bed, 1x5Bed, 2 Penthouse floors
- *Type B Towers x2:* 192 apartments per tower -- Mix of Studio, 1Bed, 2Bed, 3Bed
- *Facilities:* Gym, Pool, Tennis Court, Play Area, BBQ Pavilions, Security, Parking
Owner is on ground and ready to close immediately with a qualified direct developer.
Property Details
| Property Ref: 3527188 | Last Updated: 15 Jun 2026 | Market Status: Available |
| Type: Residential Land | Total Area: 26,300 sqm |
Interesting Facts
Who'd have guessed that Lekki Phase 1, one of Lagos' most luxurious neighbourhoods, was formerly a slum?
Leisure and Shopping
There are several types of shopping malls in Lekki Phase 1 if you want to go shopping. Restaurants, game centres, retail boutiques, cinemas, and other amenities are available at some malls.
Popular Estates
Lekki Phase 1 is a prime location for luxury estates because it is a well-planned residential government scheme. There are a number of private estates within its walls. Almost all of them are gated to ensure the safety of their occupants.
Day Life
Due to Lekki's affluent residents, the area has a lot of social hotspots. Weekends are usually jam-packed with visitors from all over who want to unwind after a long week at work. If you're looking to have a great time in Lekki Phase 1, you're definitely covered.
Night Life
Do you want to chill with the ‘Lekki Big Boys & Girls’? Then go nighttime exploring in Lekki Phase 1. Lagos is known as the city that never sleeps, and the residents of Lekki understand the assignment. They are always willing to show up at the local bars and clubs.
Schools
Aside from entertainment and recreation, Lekki Phase 1 provides quality education to its residents. It is home to some of Lagos State's most prestigious schools.
Read the full area guide for Lekki Phase 1, Lekki, Lagos.
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Disclaimer
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