2000sqm Joint Venture Land Lekki Foreshore, Lekki Phase 1

2000sqm Joint Venture Land Lekki Foreshore, Lekki Phase 1 - 1
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Price Analysis Above Market

Based on 1059 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Certificate of Occupancy
Address
off Freedom Way leki Foreshore
Agent Fee
₦ 10
Facilities
Car Parking, Electric Supply, Rain Water Drainge, Water Supply
Listing by
Agent
Access Road
Paved Road
Property Use
Residential
Square meters
2,000 sqm
Type of Purchase
Outright Price
Development Status
Fully Developed

2000sqm Joint Venture Land Lekki Foreshore, Lekki Phase 1 Highlights

  • Prime Lekki Foreshore Location: Properties in this area offer proximity to key commercial hubs and lifestyle amenities. The Lekki Foreshore is a well-established and sought-after district.
  • Generous 2000sqm Plot Size: This substantial land area provides ample space for various development options. It allows for the construction of a large residential property or multiple units.
  • Certificate of Occupancy Title: A Certificate of Occupancy (C of O) signifies legal ownership and the right to occupy the land. This is a crucial document for property transactions in Nigeria.
  • Established Infrastructure: The area benefits from existing infrastructure including paved access roads, water supply, and electricity. Rainwater drainage systems are also typically present.
  • Residential Development Potential: This plot is designated for residential use, making it suitable for building a home or investment property. The fully developed status suggests a ready environment for construction.

Description

• 2000sqm joint venture land located at Lekki Foreshore, off Freedom Way, Lekki Phase 1. • Proposal for development of 40 units of 2-bedroom luxury apartments. • Project duration estimated at 20 months. • 50/50 sharing agreement between landowner and developer. • Land title is Certificate of Occupancy (C of O). • Developer must have proven experience in Lekki, Victoria Island, and Ikoyi. • Premium of NGN 100,000,000 net. • Facilitator fee is 10%.

Compare

2000sqm Joint Venture Land Lekki Foreshore, Lekki Phase 1This item
2000sqm Joint Venture Land Lekki Foreshore, Lekki Phase 1
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TypeResidential LandMixed-use LandMixed-use Land
FacilitiesCar Parking, Electric Supply, Rain Water Drainge, Water Supply—Car Parking, Domestic Sewage, Electric Supply, Gas Supply, Rain Water Drainge, Water Supply
TitleCertificate of Occupancy—Certificate of Occupancy
Addressoff Freedom Way leki Foreshorekaura games villageFacing oshodi bus Terminal lagos State
Agent Fee₦ 10—₦ 5
Listing byAgent—Agent
Access RoadPaved Road—Paved Road
Property UseResidentialMixedMixed
Square meters2,000 sqm10,500 sqm2,400 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Development StatusFully Developed—Fully Developed
Price₦ 2,000,000,000₦ 2,200,000,000₦ 1,800,000,000