Prime Joint Venture Land Opportunity in Bourdillon, Ikoyi

Prime Joint Venture Opportunity in Bourdillon, Ikoyi – Luxury High-Rise Residential Development

Prime Joint Venture Land Opportunity in Bourdillon, Ikoyi

An exceptional joint venture opportunity is now available in the highly sought-after Bourdillon area of Ikoyi, Lagos. The property sits on a spacious 2,281 sqm plot and comes with a Federal Government Certificate of Occupancy (FGN C of O), offering a secure and prestigious land title.

The land is valued at ₦3,500,000 per sqm, bringing the total estimated value to ₦7,983,500,000.

This site is suitable for a high-rise mixed luxury residential development, subject to the height permitted by Lagos State Government authorities and designed without overcrowding. The proposed development will feature premium residential units with modern facilities and amenities.

Development Mix

26 x 4-Bedroom Maisonettes

6 x 4/5-Bedroom Penthouses

Total: 32 Premium Units

Joint Venture Structure

Developer: 65%

Landowner: 35%

Premium Payment

₦1.1 Billion net, deductible from proceeds of one of the Landowner’s maisonettes

Preferred Professionals

Architects: Paradigm / Rumis, or approved alternatives subject to mutual agreement

Contractors: ELALAN, Cappa & D’Alberto, or in-house builders with a verifiable Ikoyi portfolio

Facilitator Fee

10%, slightly negotiable

This is a rare opportunity to partner on a premium residential development in one of Lagos’ most exclusive neighborhoods, ideal for a luxury project with strong market appeal and long-term investment value.