CWL1956 "An exceptional waterfront land joint venture opportunity is available at the prestigious Orange Island, Lekki Phase 1. With a minimum land allocation of one hectare and over 100 hectares available, this opportunity is ideal for developers seeking to execute premium residential, mixed-use, or other suitable waterfront developments within an emerging luxury destination. The proposal offers flexibility to accommodate the developer's concept, creating room for innovative development schemes that align with the location and the wider estate's vision. Key Property Details Location: Orange Island, Lekki Phase 1, Lagos Land Size: Minimum of 1 hectare (10,000sqm) Land Value: NGN1,500,000 per sqm Minimum Land Value: NGN15,000,000,000 (NGN15 Billion) Joint Venture Sharing Ratio: 50/50 Premium: NGN500,000,000 (NGN500 Million) Facilitators' Fees: To be determined Development Proposal: Flexible, subject to the developer's concept Total Availability: Over 100 hectares Infrastructure & Development Responsibilities Landowner's Responsibility Delivery of external infrastructure to the neighbourhood Road networks Independent Power Provision (IPP) Developer's Responsibility Internal infrastructure within the proposed development Development planning and execution in line with the agreed concept and JV terms Proposed Estate Amenities The wider Orange Island development is planned to feature premium waterfront lifestyle amenities, including: Marina Jetty Water park Kayaking facilities Road network infrastructure Independent power provision These amenities are intended to position the wider estate as a premium waterfront destination, offering potential for high-value residential and mixed-use developments. Joint Venture Structure Sharing Ratio: 50% Landowner / 50% Developer Premium: NGN500 Million Development Concept: Flexible, subject to mutual agreement Minimum Land Allocation: 10,000sqm This opportunity is suited to established real-estate developers and investment groups seeking substantial waterfront land for a large-scale project in the Lekki Phase 1 axis. Over 100 hectares available for consideration." For more Information, Pricing and Private Viewings Please Contact: Ebun: [redacted] Lilian: [redacted] Email: [redacted] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate
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