20000 sqm Land at Lekki Phase 1, Lekki, Lagos

🔥 WATERFRONT JV ALERT – LEKKI PHASE 1 EXTENSION 🔥 20,000 sqm | Off Ladipo Latinwo > LEKKI PHASE 1 | 60:40 Split | ₦900M Premium

Rare waterfront parcel on the new dual carriageway linking Lekki Foreshore to Lekki Phase 1. Certified survey available.

📍 Location: Off Ladipo Latinwo Crescent, Lekki Phase 1 Extension. Directly on the dual road from Lekki Foreshore Estate
📐 JV Lans Size Only : 20,000 sqm [Owner holds 30,000 sqm total]
🌊 Type: Waterfront. Part requires sandfilling
💰 Land Value: ₦1.5M/sqm = ₦30Billion for 20,000 sqm
💵 Entry Premium: ₦900M non-refundable
📊 Sharing: 60:40 [Developer 60%, Landowner 40%]
💼 Facilitation Fee: 10%

Why this is a play:
- Location: On the dual road connecting Lekki Foreshore to Phase 1. High visibility and future traffic
- Waterfront: Direct access to water for premium residential, hospitality, or mixed-use
- Scale: 20,000 sqm allows for a master-planned estate or phased development
- Docs: Certified survey plan in place. Clean for due diligence

Note: Part of the land requires sandfilling. Factor this into project costing and timeline.

To proceed: Send developer company profile, LOI, agency letter, and proof of funds*.

Serious developers with capacity for waterfront projects only.