An exceptional Joint Venture (JV) opportunity is available in the heart of Victoria Island for a reputable institution or qualified investor. This premium 2,491sqm development site comes with approved drawings for two 9-storey residential towers, with the potential to accommodate a mixed-use development of up to 15 floors, subject to regulatory approvals.

With no premium payable, this presents a highly attractive opportunity for developers seeking a landmark project in one of Lagos' most prestigious real estate markets.

Property Details

Location: Victoria Island, Lagos

Land Size: 2,491sqm

Title: Lagos State Certificate of Occupancy (C of O)

Land Value: ₦8,000,000,000

Premium: Nil

Facilitator's Fee: 8%

Development Proposal

Approved Drawings for Two (2) Residential Blocks

9-Storey Buildings

Potential for Mixed-Use Development

Potential to Increase Height to 15 Floors (Subject to Regulatory Approval)

Investment Highlights

Prime Victoria Island Address

No Premium Required

Approved Development Plans Available

High-Demand Residential & Mixed-Use Location

Excellent Long-Term Capital Appreciation

Landmark Development Opportunity

Secure Title Documentation

Owner's Requirements

The property owner requires either:

A Bank Guarantee (BG), or

Funds Placed in an Escrow Account

Please Note:

The owner will not accept a Proof of Funds (POF) as evidence of financial capacity.

Ideal Development Partner

This opportunity is ideal for established real estate developers, institutional investors, private equity firms, REIT sponsors, family offices, and high-net-worth individuals with the capacity to undertake a premium large-scale development.

Financial Summary

Land Size: 2,491sqm

Land Value: ₦8,000,000,000

Premium: Nil

Facilitator's Fee: 8%

Location

Victoria Island, Lagos

Title

Lagos State Certificate of Occupancy (C of O)