₦ 400,000,000
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Property address
PID: 5PLQNObalende Lagos Island Lagos
Last updated 2026-05-19 10:33:16.0
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Safety Tips
- Do not make any inspection fee without seeing the agent and property.
- Only pay Rental fee, Sales fee or any upfront payment after you verify the Landlord.
- Ensure you meet the Agent in an open location.
- The Agent does not represent PropertyPro and PropertyPro is not liable for any monetary transaction between you and the Agent.
Description
HOT JOINT VENTURE LAND MEASURING 409SQM CORNER PIECE IN OBALENDE, LAGOS
This is a hot joint venture opportunity in the bustling commercial hub of Obalende, Lagos Island, strategically positioned on a corner piece plot; offering excellent visibility and access.
This project is ideal for developers seeking a high-yield mixed-use development in a busy, high-traffic commercial zone.
Proposal: 9units of 2bedrooms on 3 suspended floors with 6 lock up shops.
WHY THIS PROJECT?
Prime commercial location
Strong retail + residential income potential
Perfect mixed-use development
High foot traffic & visibility (corner piece advantage)
Fast rental yield & turnover
IDEAL FOR
Experienced developers
Investors targeting rental income (shops + apartments)
Those looking for quick ROI projects in Lagos Island
Land value: N400,000,000
Sharing formula: 50/50
Relocation fee N10,000,000
Facilitators fees. 10% of the land value.
Title Registered Deed.
Image code: CPP LD352
To schedule a viewing, send a dm or call,
[redacted] or, [redacted]
This is a hot joint venture opportunity in the bustling commercial hub of Obalende, Lagos Island, strategically positioned on a corner piece plot; offering excellent visibility and access.
This project is ideal for developers seeking a high-yield mixed-use development in a busy, high-traffic commercial zone.
Proposal: 9units of 2bedrooms on 3 suspended floors with 6 lock up shops.
WHY THIS PROJECT?
Prime commercial location
Strong retail + residential income potential
Perfect mixed-use development
High foot traffic & visibility (corner piece advantage)
Fast rental yield & turnover
IDEAL FOR
Experienced developers
Investors targeting rental income (shops + apartments)
Those looking for quick ROI projects in Lagos Island
Land value: N400,000,000
Sharing formula: 50/50
Relocation fee N10,000,000
Facilitators fees. 10% of the land value.
Title Registered Deed.
Image code: CPP LD352
To schedule a viewing, send a dm or call,
[redacted] or, [redacted]
Features
Mosques Nearby 
Street Lights 
Security 
CCTV Cameras 
Fast Internet 
24 Hours Security 
Water Treatment 
24 hours Electricity 
Restaurants Nearby 
Drainage System 
Church Nearby 
Parking Space 
Free WiFi 
Child Care 
Supermarket Nearby 
Survey 
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