Key details

Type

Residential Land

Title

Certificate of Occupancy

Address

Periwinkle leki phase 1

Agent Fee

₦ 10

Facilities

Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge

Listing by

Agent

Access Road

Paved Road

Property Use

Residential

Square meters

1,041 sqm

Type of Purchase

Outright Price

Development Status

Fully Developed

1,041sqm Joint Venture Land, Periwinkle Estate, Lekki Phase 1 Highlights

• Prime Lekki Location — Periwinkle Estate is a well-regarded residential area in Lekki, known for its planned infrastructure and accessibility. Properties here benefit from proximity to key commercial and social hubs.
• Generous Land Size — A plot of 1041 square meters offers substantial space for building a custom home. This size allows for a spacious residence with potential for gardens, outdoor living areas, or future expansion.
• Established Infrastructure — This area typically features developed infrastructure, including access to essential utilities like electricity and water supply. Paved roads ensure convenient access to and from the property.
• Residential Zoning — The land is designated for residential use, making it suitable for constructing a private home. This zoning ensures a community focused on living and family life.
• Certificate of Occupancy — A Certificate of Occupancy (C of O) is a vital land title document in Nigeria. It signifies legal ownership and the right to occupy and use the land for its designated purpose.

Description

• Joint Venture opportunity on 1,041.450 sqm of land in the prestigious Periwinkle Estate, Lekki Phase 1. • Proposal for development of two ultra-luxury 4-level fully detached mansions. • Each mansion designed with 7 ensuite bedrooms, multiple lounges, private cinema, gym, and swimming pool. • Features include penthouse master suite, walk-in closets, private lift, staff quarters, and expansive terraces. • Land value is NGN 2 billion. • Sharing formula: 65% to owner, 35% to developer. • Facilitator's fee: 10% of land value. • Title: Certificate of Occupancy.

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