Land joint venture
Residential Zone, Banana Island, Ikoyi, Lagos
*jv @ banana island*
*size:* 4,947.766sqm vacant land in a residential area of banana island, ikoyi, lagos.
value:- #4m/sqm
title:- c of o.
proposal:- flats/maisonettes and penthouses on 6 floors
facilitator's fee:- 10% of total land value.
premium = nil
proposal with animations available on request.
sharing= 50:50
our intention is to develop the landed property, to design, build and finance the 18 luxurious
dwelling types of
3 bedrooms apartments(6 units),
5 bedroom penthouses,(6 units),
5 bedroom maisonettes (6 units).
we are proposing that proceeds from the sale of the 2 blocks on 5 suspended floors will be shared 50:50
*projected revenue:*
$6m/pent, (600sqm each)..
$4m/maisonette (400sqm each) and
$2m/aparments (200sqm each)
30% discount for off-plan sales.
*procedure*
a. before inspection:
- letter of intent
- letter of facilitators fee
- company's profile
nb: now no premium again. usd$2m premium is off now.
b. after inspection:
- detail preliminary proposals
- proof of funds
- past projects details
- jv agreement
- payment of facilitators fee
willy 08033439...
More details
₦19,788,000,000
Michfranco Enterprises
08137964976