Residential land joint venture
Residential Land - 11,417.19 SQM
Exclusive joint venture ₦34.25 billion land value ₦3.425 billion facilitators fee 11,417.19 SQM sharing fence with eko atlantic direct access discussion with shagouri for eko atlantic phase 4 3 towers x 17 floors 60% to developer lagos C of O New Total Land Size: 11,417.19 SQM - Area a: 9,168.53 SQM Area B: 2,248.66 SQM Price: ₦3,000,000 per SQM New Total Land Value: ₦34,251,570,000 Facilitators Fee: 10% = ₦3,425,157,000 - Net & non-negotiable Sharing Formula: 60% Developer / 40% Land Owner Location: Sharing Fence with Eko Atlantic Phase 1, Victoria Island, Lagos _Landmark:_ Opposite Blue Waters Apartment / Blue Waters Tower Strategic Upside: Landowner in discussion with Shagouri for direct access from Eko Atlantic City Phase 4 - This unlocks premium Eko Atlantic frontage and exit pricing Title: Lagos State Certificate of Occupancy + Other Documents Land Status: Fully Sandfilled & Dry Table Land Survey Available Development Mandate Structure: 3 Wings x 17 Floors High-Rise 1. Eko Atlantic Phase 4 Access Play - Discussion with Shagouri for direct access = Future Eko Atlantic address 2. Eko Atlantic Adjacency - Premium pricing locked for next 10 years 3. Rare Structure - 60% to Developer is unheard of at this location 4. Bankable & Fast Close - C of O + Verified Survey + No Encumbrances.