CWL1983 "An attractive Joint Venture (JV) development opportunity is available on a 930sqm corner-piece property in Millennium Estate, Lekki Phase 1. The property currently comprises an existing 5-bedroom detached house with a 2-room Boys' Quarters (BQ). The preferred arrangement is a redevelopment project, with the proposed development focused on terrace duplexes. With its corner-piece positioning and location within a sought-after residential neighbourhood, the property presents an opportunity for an experienced developer to undertake a strategic residential redevelopment. Property Details Land Size: 930sqm Property Type: Corner-piece land with existing structures Location: Millennium Estate, Lekki Phase 1, Lagos Title: Certificate of Occupancy (C of O) Existing Structure: 5-bedroom detached house Additional Accommodation: 2-room BQ Property Value: NGN2,000,000,000 (NGN2 Billion) Proposed Development Redevelopment of the existing property Proposed construction of terrace duplexes Project design and specifications subject to mutual agreement and applicable planning approvals Joint Venture Terms Preferred JV Structure: Redevelopment Proposed Development: Terrace Duplexes Premium: To be structured to facilitate the relocation of the property owner Property Value: NGN2 Billion Investment Opportunity This opportunity is suited to established property developers seeking a corner-piece site in Lekki Phase 1 for a terrace housing project. The existing structures, location, and redevelopment preference provide a basis for negotiating a mutually beneficial partnership with the property owner. Note: The sharing formula, relocation premium amount, and other commercial terms are to be agreed upon by the parties." 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