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Commercial Property for rent Banana Island Ikoyi Lagos
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₦ 4,500,000/sqm

Property address

​PID: 0PAAL

Banana Island Ikoyi Lagos

Last updated 2026-02-03 10:16:27.0
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Description

DIRECT WATERFRONT JOINT VENTURE OPPORTUNITY ON 2723.679 SQM FOR DIRECT REPUTABLE DEVELOPERS IN BANANA ISLAND, IKOYI, LAGOS

This exceptional direct waterfront Joint Venture (JV) opportunity is now available on 2723.679 square meters of prime land located in the heart of Banana Island, Ikoyi; one of Lagos' most exclusive and high-value real estate destinations.

This opportunity is strictly open to reputable and experienced developers with a proven track record in luxury developments and a strong commitment to transparency and professionalism.

This is a rare, high-value waterfront JV opportunity in Banana Island, suitable for developers seeking prestige, strong ROI, and long-term value creation.

Serious enquiries only. Direct mandate.

N.B:
-Mou: 50 /50
-Owner development preference; they are open to
12 Maisonettes
2 penthouses
2 +3+ 4+5 bedrooms but share your own proposal

-Contractors; ELALAN preferrably ( but we are open )

Any more specifications; THE PREMIUM IS NON-NEGOTIABLE BUT OPEN TO PAYMENT PLAN OF A FEW MONTHS

JV partner; must be honest and transparent through out the entirety of the business.


For survey; please send company profile First and then after approval of company profile by landlord, survey will be shared & then you can share LOI of proposed development.

-Land value; N4,500,000 per sqm
-Square meter; 2723.679sqm
-Title; Federal Govt C of O

-Premium; $1,000,000 dollars or N1,500,000,000 (NON NEGOTIABLE)

Image Code: CPP-CR40

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Insight for Commercial Property for rent Banana Island Ikoyi Lagos

Average House Price for last month

NGN 8.00 million

Price Change in last 6 months

NGN 0.00 0.00 %

Historical Price

6 Months Ago

NGN 9.00 million
0.00

1 year Ago

NGN 8.50 million
12.50

2 years Ago

NGN 7.18 million
59.29