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