Joint Venture: 965 Sqm, Lekki Scheme 2, Off Ogombo Road, Lekki Phase 2, Lekki, Lagos (Ref: 3318276)

965 Sqm

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Property Description

Lekki Scheme 2 JV Opportunity Off Ogombo Road
965 SQM Joint Venture No Premium ₦300M Land Value C of O

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JV Opportunity Overview

- Location: Lekki Scheme 2, Off Ogombo Road, Lagos.
- Land Size: 965 SQM.
- Land Value: ₦300,000,000 (Approx. ₦310,881/SQM).
- Title: Certificate of Occupancy (C of O).
- Arrangement: Joint Venture. No upfront land premium required from the Developer.
- Status: Ready to close swiftly; owner is available and motivated.

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Key Highlights & Structure

- Immediate Closing: The mandate is clear, and the owner is available to finalize terms and agreements without delay.
- Premium Title: The property holds a Certificate of Occupancy (C of O), the most authoritative and secure land title in Nigeria, ensuring maximum security for the development partnership.
- JV Model: Landowner contributes the titled land asset. Developer contributes 100% of the construction, marketing, and sales capital. Profits are shared upon project completion based on a pre-agreed ratio.
- Strategic Location: Lekki Scheme 2 is a prime, fully developed residential zone with high demand for quality new housing, ensuring strong marketability for the finished project.

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️ Development Potential

This partnership is ideal for developing:

- A cluster of luxury detached/semi-detached houses (4-6 units).
- A medium-density apartment block offering 2 & 3-bedroom units.
- A gated community of high-end townhouses.

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Market & Partnership Context

The assessed land value of ₦300 million reflects the premium for a secure C of O title in this established Lekki location. The Joint Venture model removes the massive initial capital outlay for land purchase, allowing the Developer to deploy funds directly into construction.

Ideal For: Established development firms with strong financial capacity and a proven track record in the Lekki market, seeking a swift, secure partnership on a prime plot.

A ready-to-proceed JV on a C of O property in core Lekki Scheme 2, offering a rapid path to developing a premium residential project.


Property Details

Property Ref: 3318276Last Updated: 30 Jan 2026Market Status: Available
Type: Residential Land      

Interesting Facts

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.

Leisure and Shopping

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.

Popular Estates

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.

Day Life

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.

Night Life

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.

Schools

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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