Mixed-use land joint venture
Buordillon, Old Ikoyi, Ikoyi, Lagos
Terms & conditions for joint venture partnership bourdillon road, ikoyi, lagos.
prospective partne: a proven capable financier & developer for the construction of high density/high-rise top notch luxury apartments.
plot size: 4417m2.
title: federal government certificate of occupancy.
value of the land: n2m/m2.
type of development: high density/high-rise mix of about 50 units (without clustering) of contemporary top luxury 4-bedroom maisonettes & 4/5-bedroom penthouses with modern facilities & amenities.
height: maximum number of floors allowed by physical planning authorities.
architects: paradigm/rumis.
construction firm: elalan, cappa & d'alberto, al mansour, etc.
in-house builders will be considered if the standard/portfolio (in ikoyi) matches those of the preferred grade a contractors.
sharing formula: developer 65%/landowner 35%.
premium: n800m (deductible upfront from landowners' portion).
proof of availability of funds to start & finish the project (eg., bank statement or guarantee or whatever the institution you plan to use).
detailed finishing documents.
facilitators' fee: 10% of land value (negotiable).
om...
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₦2,000,000
Dector Limited
08081182285