A prime waterfront Joint Venture (JV) opportunity is available in Lekki Phase 1, Lagos, comprising approximately 3,000sqm of land with Lagos State C of O. The site presents an excellent opportunity for an experienced developer to undertake a premium residential development comprising terraces and block of flats.

Property Details
Location: Lekki Phase 1, Lagos
Land Size: Approximately 3,000sqm
Title: Lagos State C of O
Land Value: ₦1,700,000 per sqm
Premium: ₦80,000,000 Asking
Transaction: Joint Venture

Proposed Development
Terraces & Block of Flats

The site offers flexibility for a well-planned residential development, subject to applicable planning and development approvals.

JV Terms
Sharing Ratio: To Be Determined
Land Value: ₦1.7M per sqm
Premium: ₦80M Asking
Facilitator's Fee: 10%

Investment Highlights
Prime Lekki Phase 1 location
Waterfront setting
Approximately 3,000sqm development site
Lagos State C of O
Suitable for premium residential development
Proposed terraces and block of flats
Sharing structure open for negotiation
Suitable for an established developer

This waterfront JV opportunity in Lekki Phase 1 offers developers the opportunity to secure a substantial residential development site with a strategic location, established title, and flexible JV structure.

Key Terms
Land Size: ~3,000sqm
Land Value: ₦1.7M/sqm
Premium: ₦80M Asking
Title: Lagos State C of O
Proposal: Terraces & Block of Flats
Sharing: TBD
Facilitator's Fee: 10%