Joint Venture Residential Land in Lekki Phase 2, Lekki, Lagos

Joint venture *lekki phase 2* strategic 1,306m2 @ road 14, lekki scheme 2 with cofo (owner want 10 units of terrac...

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 --- 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) --- 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 --- ️ 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. --- 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 --- 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 --- 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 --- 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 --- 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 --- 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 on...