Sangotedo, Ajah, Lagos
₦27,500,000,000
| Property Ref: 3223731 | Added On: 26 Nov 2025 | Last Updated: 15 Dec 2025 |
| Market Status: Available | Type: Residential Land | Total Area: 250,000 sqm |
GROUNDBREAKING JV OPPORTUNITY:
25 HECTARES PRIME LAND OPPOSITE CROWN ESTATE, SANGOTEDO
UNLOCK 27.5B+ DEVELOPMENT POTENTIAL - GOVT C of O SECURED - 2 UNITS/PLOT FLEXIBLE
CORE OFFERING
Landowner Partnership: Jointly develop 25 hectares (500 plots 500sqm) in Sangotedo's golden corridor -- directly facing Crown Estate's luxury enclave.
JV TERMS AT A GLANCE
ParameterDetails
Land Value55M/plot (Total Land Value: 27.5 Billion)
TitleGovernment Allocation + C of O (Litigation-free, bankable)
Development Density2 units/plot standard (Negotiable for mixed-use/towers)
Profit SharingTBD -- Structured to favor active capital partners (e.g., 60:40 split)
Facilitator Fee10% (Negotiable based on project scale)
PROJECTED FINANCIAL UPSIDE
Conservative ROI Model (Based on Sangotedo 2024 Metrics):
- Per-Plot Investment: 55M (land) + 70M (construction) = 125M total
- Revenue/Plot: 2 units 120M/unit = 240M
- Gross Profit/Plot: 115M (92% ROI)
- Total Project Profit: 57.5 Billion (500 plots)
Note: Crown Estate adjacency commands 30% premium valuations (Source: Knight Frank).
LOCATION SUPREMACY: OPPOSITE CROWN ESTATE
- Address: Sangotedo, Lagos (Lekki-Epe Expressway axis)
- Strategic Advantages:
- 5 mins to Pan-Atlantic University
- 8 mins to Novare Mall & Shoprite
- 15 mins to Awoyaya Industrial Hub
- Demand Drivers: Overflow demand from Crown Estate residents Dangote Refinery executive housing shortage Lagos' fastest land appreciation (35% YoY)
DEVELOPMENT FLEXIBILITY
Approved Options:
1. Luxury Mid-Rises: 8-floor residences (24 units/plot achievable)
2. Gated Community: Townhouses + amenities (clubhouse, pools)
3. Mixed-Use Hub: Retail podium + serviced apartments
4. Corporate Suites: Short-let apartments for refinery staff
Infrastructure Advantage:
- Existing road networks
- Easy drainage connectivity
- Grid power access
JV STRUCTURE & NEXT STEPS
Phase 1: Landowner Contribution
- Provides titled land (Govt Allocation + C of O)
- Handles statutory approvals (planning permits, EIA)
Phase 2: Capital Partner Commitment
- Funds construction/branding
- Manages sales/leasing
Process:
1. EOI Submission: Company profile + financial capacity
2. Term Sheet: Agree on profit share/facilitator fee
3. Feasibility Study: Jointly validate project scope
4. SPV Formation: Dedicated project vehicle
SEIZE THIS LEGACY DEAL!
For Developers/Institutions Only: Contact: [Your Name/Company] - [Phone] - [Email]Requirement: Proof of liquidity (5B+ minimum project capacity)
"This isn't just land---it's a generational wealth engine. Partner with us to dominate Sangotedo's elite corridor."
KEY JV INCENTIVES
- First-Mover Advantage: Only large parcel opposite Crown Estate
- Exit Flexibility: Sell developed units OR lease for cash flow
- Facilitator Fee Discount: Slashed to 7.5% for partners committing to 50+ plots
- Title Insurance: Provided at SPV formation
#daka
