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Joint Venture Development Opportunity -- Lekki Foreshore, Lagos
2,000 SQM 40 Units of 2-Bedroom Flats C of O Title Land Value: ₦1.6 Billion
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Property Overview
- Location: Lekki Foreshore, Lagos
- Land Size: 2,000 SQM
- Land Value: ₦1.6 Billion
- Price per SQM: ₦800,000
- Title: Certificate of Occupancy (C of O)
- Proposed Development: 40 units of 2-bedroom flats
- Partnership Type: Joint Venture (Landowner + Developer)
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Joint Venture Structure
- Landowner's Contribution: Land valued at ₦1.6 Billion
- Developer's Contribution: Full construction financing and project execution
- Ownership & Profit Share: To be negotiated based on land value vs. construction cost
- Facilitator's Fee: If applicable, to be discussed separately
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️ Development Vision
A modern residential apartment block consisting of 40 units of 2-bedroom flats, targeting middle-to-high-income tenants and buyers in the growing Lekki Foreshore corridor. The project aims to maximize returns through efficient design and quality construction.
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Key Highlights
- Lekki Foreshore Location -- Emerging premium area with strong rental and resale demand
- Clear Title (C of O) -- Ensures legal security and smooth transaction
- Turnkey Development Vision -- Project scope already defined for quick commencement
- High-Yield Potential -- 2-bedroom flats are highly sought after in Lekki's rental market
- Scalable Project -- Suitable for phased development or outright delivery
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Location Benefits
- Lekki Foreshore Growth -- Rapid infrastructure development and rising property values
- Proximity to Key Areas -- Easy access to Lekki Phase 1, Ajah, and Victoria Island
- Scenic Environment -- Many parts of Lekki Foreshore offer waterfront or green views
- Future Appreciation -- Ongoing road and bridge projects enhancing connectivity
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Investment Value
- Land Value: ₦1.6 Billion
- Price per SQM: ₦800,000
- Development Scale: 40 units offer significant revenue potential
- Strong Market Demand -- Steady demand for quality 2-bedroom apartments in Lekki
- Joint Venture Advantage -- Shared risk and resources between landowner and developer
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Ideal Development Partner Profile
- Experienced real estate developer with completed residential projects
- Strong financial capacity to fund construction
- Proven ability to deliver quality apartments on time
- Open to structured, transparent joint venture agreements
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Next Steps for Interested Developers
Submit a formal proposal including:
- Company profile and portfolio of similar projects
- Proof of financial capability
- Proposed JV structure and profit-sharing model
- Preliminary project timeline and cost estimates
Contact to arrange:
- Site inspection
- Title verification
- Meeting with landowner
- Detailed terms negotiation
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A ready-to-build joint venture opportunity in Lekki Foreshore --- ideal for a developer looking to expand in one of Lagos' most promising corridors.
Serious inquiries only.
| Property Ref: 3286166 | Last Updated: 09 Jan 2026 | Market Status: Available |
| Type: Residential Land | Total Area: 2,000 sqm |
Many energy services, petroleum, and gas companies are located in Lekki Phase 2. Many tourists visit the 'Lekki Conservation Centre' to climb and experience the suspended canopy. One of Nigeria's largest oil producers, Chevron, is also located in the area.
Lekki Phase 2 is now open and ready to enhance your shopping experience. The Circle Mall is shaped like a circle, and it has a lot of stores within its walls. It is one of the largest SPAR branches in Lagos, with plenty of parking.
Crown Estate is a great place to live if you enjoy tree planting or want to live in an environment with a lot of trees and plants. The majority of the homes are duplexes (semi- and fully detached), and the residents are upper-class.
Lekki Conservation Centre is the longest canopy walk in Africa. Dream World Africana offers children and adults the opportunity to play various outdoor and indoor games. If you are up for paintball action, check out Leisure Sports Paintball at Lekki Phase II.
Xovar is a club that has an indoor and an outdoor bar. FoliXx Lounge is the place to go if you want to "chill" with Lekki Phase 2 big boys and girls. Windlounge gives you a good view from its rooftop outdoor restaurant.
Some of the top-rated schools in the country are in Lekki Phase2. The schools provide quality education, experienced teachers and conducive environments. Other great and top schools are Glowfield International School,. Dolton International School, Silversands Hall School and Covenant Hall School.
Read the full area guide for Lekki Phase 2, Lekki, Lagos.
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