Commercial land for sale
Land Measuring 1600SQM
A rare joint venture opportunity is available on the prestigious Bourdillon Road, Ikoyi---one of Lagos' most exclusive luxury residential corridors. Sitting on 1,600sqm of prime land, this project is ideal for developers with a proven track record in delivering high-end developments within Ikoyi or Victoria Island. The proposed development is suitable for luxury apartments, maisonettes, and penthouses, catering to the growing demand for premium residences in Ikoyi. This partnership structure offers an attractive profit-sharing arrangement and the opportunity to develop a landmark residential project in a highly sought-after location. Development Details Location: Bourdillon Road, Ikoyi, Lagos Land Size: 1,600sqm Title: Lagos State Title Land Value: ₦4,500,000 per sqm Estimated Land Value: ₦7.2 Billion Proposed Development Luxury Apartments Maisonettes Penthouses High-End Residential Development Joint Venture Terms Developer must have a proven development track record in Ikoyi or Victoria Island Premium Payment: ₦550,000,000 Profit Sharing Ratio: 45:55 (in favour of the developer) Landowner Contribution: Land Developer Contribution: Development and Project Execution Ideal Development Partner This opportunity is best suited for experienced real estate developers, development firms, investment consortiums, and institutional investors with a strong portfolio of luxury residential projects in Lagos. Broker's Fee 10% Location Bourdillon Road, Ikoyi, Lagos Property Type Joint Venture Development Opportunity Land Size 1,600sqm