An exceptional joint venture (JV) development opportunity is now available in the highly desirable Lekki Phase 1 Right Side, strategically located off TF Kuboye Road.
This premium property offers developers and investors the opportunity to execute a high-value residential project within one of Lagos’ most sought-after luxury residential corridors.
The owner is fully prepared to proceed immediately with qualified development partners capable of delivering a premium apartment project within the agreed timeline.
Property Details:
• Location: Off TF Kuboye Road, Lekki Phase 1 Right Side
• Land Size: 1,109sqm
• Title: Governor’s Consent (In Owner’s Name)
• Land Value: ₦2,000,000,000
Proposed Development:
• Block of 22 Flats comprising:
- 3 Bedroom Flats
- 2 Bedroom Flats
- 1 Bedroom Flats
JV Terms:
• Sharing Ratio: 50/50
• Premium: ₦110,000,000 (Non-refundable)
• Facilitators Fee: 5%
• Construction Timeline: 16–18 Months
This development presents strong potential for luxury residential sales, rental income, and long-term capital appreciation due to its prime location and high market demand.
Developer Requirements Before Physical Meeting:
- Company profile
- CAC registration documents
- Valid Nigerian ID (International Passport or Driver’s License only)
- Development proposal for mixed 2 & 3-bedroom flats with BQ
- Passport photographs of applicants
- Draft 3D architectural elevations
- Draft architectural floor plans
- Four addresses of completed projects executed by the company
- Compensation and agency fee undertaking letter
- Proof of funds
- Links to personal and company social media handles
- Weekly project execution schedule
This is a rare opportunity to secure a prime JV project in Lekki with an owner ready to conclude discussions quickly with qualified developers.
For proposal submission, JV discussions, and site inspection:
+234 708 763 0154
+234 805 622 7336
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