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