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50 Units Of 27 Floor Residential Dev. On 4,418sqm

Land for sale Bourdillon Ikoyi Lagos
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1,500,000,000

Property address

​PID: 2QESF

Bourdillon Ikoyi Lagos

Last updated 2026-09-14 12:50:06.0
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Description

50 UNITS OF 27-FLOOR LUXURY RESIDENTIAL DEVELOPMENT ON 4,417.598 SQM LAND IN BOURDILLON, IKOYI, LAGOS This is a direct landowner partnership positioned for the development of a landmark luxury residential project on Bourdillon Road, Ikoyi. This is not a conventional land acquisition. It is a structured landowner--developer Joint Venture offering an experienced developer the opportunity to take control of the full development and execution of a prime residential project in one of Ikoyi's most established addresses. It is a 4,417.598 SQM of prime development land on Bourdillon Road, Ikoyi, held under a Federal Certificate of Occupancy. The property comes with an available survey and an established development proposition for a 27-floor luxury residential building comprising 50 units. The proposed scheme is designed as a premium vertical residential development, with amenities positioned to create a complete residents' lifestyle experience. *Development Profile; 27-floor luxury residential development 50 luxury residential units Swimming pool Fully equipped gym Residents' lounge Children's playground Additional premium lifestyle amenities The landowner is contributing the development site, while the developer assumes responsibility for 100% of the project's construction and execution costs. Party Equity / Allocation Landowner 36% --- 18 Units Developer 64% --- 32 Units Developer Funding 100% of construction & execution costs The structure provides the developer with a substantial development interest while allowing the landowner to participate directly in the completed residential asset rather than disposing of the land outright. The proposition combines three elements that are difficult to replicate: a prime Ikoyi development address, a substantial vertical development opportunity, and a clearly defined landowner--developer structure. For the right development partner, this is an opportunity to enter at the project level rather than simply acquire land and begin the development process from zero. The intended partner should have the financial capacity, development track record and execution capability required to deliver a 27-floor luxury residential scheme within the proposed timeline. This opportunity is strictly positioned for: Established real estate developers Development companies Institutional investors Real estate investment groups Family offices with development capacity Strategic development partners capable of funding the full construction programme Proof of Funds is required. This is a direct landowner JV for a serious developer ready to fund, execute and deliver. * Title: Federal C of O * Survey: Available * Premium: ?1,500,000,000 * Developer Funding: 100% of project construction and execution costs * Preferred Contractors: EL-ALAN / Cappa & D'Alberto * Timeline: 36 months Image Code: CPP LD455 To schedule a viewing, send a dm or call [redacted] or [redacted]
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Insight for Land for sale Bourdillon Ikoyi Lagos

Average House Price for last month

NGN 1.10 million

Price Change in last 6 months

NGN 0.00 0.00 %

Historical Price

6 Months Ago

NGN 1.50 million
0.00

1 year Ago

NGN 1.50 million
0.00

2 years Ago

NGN 1.22 million
66.67