Nigeria Property Centre

Residential land joint venture

Ostia Island, Orange Island Extension 20, 000 SQM 50:50 Sharing

Orange Island Extension, Orange Island, Lekki, Lagos
₦20,000,000,000
#348-061-8 21 Jun
WhatsApp
20,000 m² Plot size
Residential Property type

About this property

*JOINT VENTURE -- OSTIA ISLAND, ORANGE ISLAND EXTENSION 20,000 sqm 50:50 Sharing ₦1B Premium ₦20B GDV*

Prime JV opportunity in the fast-developing Orange Island extension. Build at scale in Lagos' next waterfront corridor.

*Location:* Ostia Island, by Orange Island, Lekki Phase 1 Extension
*Land Size:* 20,000 sqm
*Land Value*: ₦20Billion
*Entry Premium*: ₦1Billion
*Deal Structure:* 50:50 sharing formula
*Facilitation Fee:* 10%

*Why this is a play*:
- Location: Orange Island extension is Lagos' next high-end waterfront district, close to Lekki Phase 1
- Scale: 20,000 sqm allows for a master-planned estate, mixed-use, or high-rise development
- Terms: 50:50 sharing gives equal upside to both landowner and developer
- Entry: ₦1B premium gives access to ₦20B+ land value at a fraction of outright purchase cost

Ideal for developers with capacity to execute large-scale residential or mixed-use projects targeting high-net-worth buyers.

*Serious developers with track record and funding capacity only. LOI and company profile required.*
(Odo oku)

Property details

Reference ID #348-061-8
Listed by Realtor
Property type Residential Land
Listing status Residential land joint venture
Plot size 20,000 m²

Area guide — Lekki

Lagos

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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