Joint Venture Overview

An exceptional Joint Venture opportunity is available on a prime 646sqm parcel of land located within Sangotedo, Lagos.

Positioned in a rapidly developing and highly sought-after part of the Lekki axis, this property offers an attractive opportunity for a developer or investor looking to undertake a well-structured residential development with a clear and straightforward JV arrangement.

The proposed development is for the construction of two units of fully detached duplexes, designed to maximize the potential of the site while creating premium residential units suitable for the Sangotedo market.

Property & JV Details
Land Size: 646sqm
Location: Sangotedo, Lagos
Title: Governor’s Consent
Land Value: ₦200 Million
Development Proposal: 2 Units of Fully Detached Duplexes
Sharing Ratio: 50/50
Premium: None
Facilitators’ Fee: 10%

Development Potential
The location provides an excellent setting for a premium residential development, with Sangotedo continuing to attract significant residential growth and investment along the Lekki-Epe corridor.

The proposed two-unit fully detached duplex development offers an opportunity to create spacious, contemporary homes targeted at families and buyers seeking quality accommodation within a secure and well-positioned estate environment.

With no premium payable, the JV structure provides a relatively straightforward framework for parties to collaborate on the development while sharing the completed units on an agreed 50/50 basis.

Why This Opportunity Stands Out
Prime 646sqm development site
Located within an established estate
Strategic position along Monastery Road, Sangotedo
Governor’s Consent title
Clear residential development proposal
Opportunity to develop 2 fully detached duplexes
Attractive 50/50 sharing structure
No premium
Suitable for experienced developers and property investors
Strong potential within the growing Sangotedo/Lekki corridor

Ideal JV Partner
This opportunity is particularly suitable for a reputable real estate developer, construction company, or property investor with the capacity and expertise to execute a premium residential development.

It presents an opportunity to partner with the landowner under a clearly defined 50/50 Joint Venture arrangement, subject to mutually agreed development terms and documentation.

Financial Details
Land Value: ₦200,000,000
Sharing Ratio: 50/50
Premium: None
Facilitators’ Fee: 10%

Serious developers and investors are invited to enquire for further details, documentation, and inspection.