A strategic waterfront Joint Venture opportunity is available on approximately 700sqm of land at Lekk, Lagos. The proposed development comprises 16 units of 2-bedroom apartments, offering an attractive opportunity for an experienced developer seeking to execute a well-positioned residential project within the Lekki waterfront corridor.

Property Details
Property Type
Waterfront Joint Venture Development Land

Location
Lekki, Lagos

Land Size
700 sqm

Proposed Development
16 Units of 2-Bedroom Flats

Land Value
₦650,000,000

Sharing Ratio
50/50

Development Duration
18 Months + 3 Months Grace

JV Highlights
Prime waterfront development opportunity
700sqm land parcel
Proposed 16-unit residential development
50/50 sharing structure
Land value of ₦650 million
18-month development timeline
Additional 3-month grace period
Strategic Lekki Foreshore location

Developer Opportunity
This opportunity is suited to an experienced residential developer capable of delivering a 16-unit apartment development within the agreed timeframe. The waterfront positioning adds significant appeal for a contemporary residential project designed for the Lekki market.

Facilitator’s Fee
10% — Non-Negotiable

This 700sqm Lekki Foreshore waterfront JV presents an opportunity to partner on a sizeable residential development with a defined 50/50 sharing structure and a proposed 18-month delivery period plus 3 months grace.

Key Terms
Land Value: ₦650M
Sharing: 50/50
Development: 16 Units of 2-Bedroom Flats
Duration: 18 Months + 3 Months Grace
Facilitator’s Fee: 10% Non-Negotiable