An exceptional joint venture development opportunity involving 1.334 hectares (approximately 20 plots) of dry, level land, strategically positioned directly along the Lekki–Epe Expressway, opposite Monastery Road and close to Shoprite Mall, Sangotedo, Lagos.

With its prominent expressway frontage, substantial land area, and location within the growing Sangotedo commercial corridor, this property presents an attractive opportunity for developers and investors seeking to undertake a large-scale residential, commercial, or mixed-use development.

Property Details
Location: Opposite Monastery Road, by Shoprite Mall, Sangotedo, Lekki, Lagos
Land Size: 1.334 hectares (13,340sqm)
Number of Plots: Approximately 20 plots
Land Condition: Dry, level land
Position: Directly facing Lekki–Epe Expressway
Transaction Type: Joint Venture (JV)
Title: Governor’s Consent in view; title perfection ongoing
Documentation: Available for review
Development Potential

The property's strategic location and substantial land size make it suitable for various development opportunities, subject to planning approvals, including:

Residential estate development
Commercial shopping complex
Mixed-use residential and commercial development
Warehousing and logistics facilities
Corporate or retail development

Ideal for: Established real estate developers, institutional investors, and development companies seeking a sizeable, express-facing site in the Sangotedo–Lekki corridor.

Joint Venture Financial Details
Land Value per Plot: ₦120,000,000
Total Land Value: ₦2,400,000,000 (₦2.4 Billion)
Facilitator Fee: ₦240,000,000

Note: The land valuation and facilitator fee are provided as part of the proposed joint venture opportunity. The development-sharing ratio, premium requirements, and other JV terms are subject to confirmation and negotiation.

Title documentation, development feasibility, and all transaction terms should be independently verified before commitment.