Joint Venture Land For Sale Obalende Lagos Island

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For sale: Hot Joint Venture Land Measuring 409sqm Corner Piece

Obalende Lagos Island

₦ 400,000,000

Joint Venture Land For Sale Obalende Lagos Island

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Property Type Land
Sqm 409
Added 20 Apr 2026

Updated 13 Aug 2026

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

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