Prime 1650sqm Joint Venture in Victoria Island

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Location

Victoria Island

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Price

₦4,500,000,000

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Listing Status

Land

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Property Type

Joint Venture

📍

Location

Victoria Island

🏷️

Listing Status

Land

💴

Price

₦4,500,000,000

🏠

Property Type

Joint Venture

Overview

A prime 1,650sqm development land is available for a strategic Joint Venture partnership at Tiamiyu Savage, Victoria Island, Lagos. With a Certificate of Occupancy (C of O) and other relevant documentation, this opportunity is positioned for an experienced developer seeking to deliver a premium residential apartment project in one of Lagos' most sought-after locations.

Property Details
Location
Victoria Island, Lagos

Land Size
1,650sqm

Title
C of O + Other Relevant Documents

Land Value
₦4,500,000,000

Premium
₦300,000,000

Total Deal Value
₦4,800,000,000

Facilitators Fee
10% Net — ₦480,000,000

₦450M on Land Value
₦30M on Premium
Development Mandate

Proposed Development: 30 Units of Apartments
The site presents an opportunity to develop a substantial residential apartment scheme within the Victoria Island corridor, subject to planning and development approvals.

Owner's Requirement
Owner's Share: 3-Bedroom Apartments

The number of units and sharing formula are open for negotiation, allowing the development structure to be agreed upon based on the developer's proposal and project economics.

Developer Requirement
Direct Developer Only
This opportunity is intended for an established developer capable of undertaking the proposed 30-unit residential development.

Investment Highlights
Prime Tiamiyu Savage, Victoria Island Location
1,650sqm Development Site
C of O
30-Unit Apartment Development Potential
₦4.5B Land Value
₦300M Premium
Owner's Share in 3-Bedroom Apartments
Sharing Structure Open for Negotiation
Direct Developer Mandate

A strategically located Victoria Island JV opportunity offering developers the chance to participate in a sizeable residential development project with an established land title and a negotiable owner-share structure.

Total Deal Value
₦4.8 Billion

Facilitator's Fee
₦480 Million — 10% Net

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