Lekki, Lagos
₦30,000,000,000
| Property Ref: 3553461 | Added On: 02 Jul 2026 | Last Updated: 02 Jul 2026 |
| Market Status: Available | Type: Mixed-use Land | Total Area: 20,000 sqm |
* FLAGSHIP 20,000 SQM DUAL-ROAD WATERFRONT JV LEKKI PHASE 1 EXT 30B VALUE 3B FACILITATION FEE 60:40 SPLIT 900M PREMIUM PRIME WATER FRONTAGE ON NEW DUAL CARRIAGEWAY LINKING LEKKI FORESHORE TO PHASE 1 CERTIFIED SURVEY HIGH-END MIXED-USE ZONE*
Rare 20,000 sqm waterfront parcel for Joint Venture off Ladipo Latinwo Crescent, Lekki Phase 1 Extension. Sits directly on the new dual carriageway connecting Lekki Foreshore Estate to Lekki Phase 1. Certified survey available.
*KEY FACTS*
- *JV Land Size*: 20,000 sqm Landowner holds 30,000 sqm total
- *Location*: Off Ladipo Latinwo Crescent, Lekki Phase 1
Extension. Direct frontage on dual road from Lekki Foreshore Estate
- *Land Type*: Premium waterfront. Part requires sandfilling
- *Land Value*: 1,500,000 per sqm = 30,000,000,000
- *Entry Premium*: 900,000,000 non-refundable
- *JV Structure*: 60:40 Developer 60%, Landowner 40%
- *Facilitation Fee*: 10% non-negotiable = 3,000,000,000
- *Documentation*: Certified survey plan. Clean and ready for due diligence
*WHY THIS IS A LANDMARK DEAL*
- *Strategic Corridor*: New dual carriageway is the primary link between Lekki Foreshore and Phase 1. Maximum visibility, future traffic guaranteed
- *Waterfront Advantage*: Direct water access unlocks luxury residential, hospitality, marina, or mixed-use concepts with premium pricing
- *Massive Scale*: 20,000 sqm allows for master-planned estate, phased high-rise, or luxury villa community
- *De-risked Entry*: Certified survey in place. Road infrastructure delivered. Only developer with capacity should apply
*NOTE*: Portion requires sandfilling. Include cost and timeline in your feasibility.
*QUALIFICATION*
Serious developers with waterfront project capacity only. Submit: Company profile, LOI, Agency letter, POF.
*INSPECTION & SURVEY REVIEW*