A rare Joint Venture opportunity to develop a premium luxury residential tower in the prestigious Banana Island, Ikoyi. This prime 1,500.23sqm land parcel is strategically positioned within Lagos' most exclusive residential enclave, offering exceptional potential for a world-class high-rise development.

The proposed development is designed to cater to the growing demand for ultra-luxury residences, featuring luxury apartments, maisonettes, and penthouses with premium lifestyle appeal.

Property Details
Location: Banana Island, Ikoyi, Lagos
Land Size: 1,500.23sqm
Land Value: ₦5,000,000 per sqm
JV Structure: 50/50 Sharing Formula
Premium: To Be Discussed
Facilitator’s Fee: 10%
Proposed Development Concept
1st & 2nd Floors: Dedicated Car Parking
3rd, 4th & 5th Floors: Luxury Apartments
6th & 7th Floors: Four (4) Units of 4-Bedroom Maisonettes
8th Floor: Two (2) Luxury Penthouses
Open to Additional Development Options
Investment Highlights
Prime Banana Island Location
Elite Luxury Residential Neighborhood
Ideal for High-Rise Residential Development
Strong Demand for Premium Apartments
Exceptional Capital Appreciation Potential
Attractive ROI Opportunity
Global Market Appeal
Ideal Developer / Partner

This opportunity is strictly suitable for credible, experienced, and financially capable developers with proven track records in luxury real estate development.

Requirements
Proof of Development Capacity Required
Serious Developers and Investors Only
Due Diligence & Engagement Subject to Qualification
Location

Banana Island, Ikoyi, Lagos

Land Size
1,500.23sqm

Development Type

Luxury High-Rise Residential Development

JV Structure

50/50 Sharing Formula