Joint Venture Development Brief 6,200 SQM eleko expressway We are seeking an experienced and financially capable developer for a premium residential Joint Venture on approximately 6,200 sqm of dry land with Governor's Consent, strategically located on Eleko Expressway. Development Preference The Landowner is seeking a premium, low-density residential development comprising: - Semi-Detached Duplexes - Premium Terraced Duplexes - Quality internal infrastructure - Landscaped communal spaces - Secure gated environment - Premium architectural finishes Proposed Development Options option 1: 16 units - 8 Semi-Detached Duplexes - 8 Premium Terraced Duplexes option 2: 20 units - 8 Semi-Detached Duplexes - 12 Premium Terraced Duplexes The final unit mix is open to optimisation based on the developer's architectural and financial feasibility. Landowner's JV requirement The Landowner is seeking: ₦100,000,000 upfront cash consideration plus Equity participation in the development The equity component structured as: - Defined completed units Value of 800M Gov Consent in View Developers are invited to submit their best commercial proposal. Developer responsibilities The selected developer will be expected to provide: - Full development funding - Architectural and engineering design - Planning and statutory approvals - Construction and infrastructure - Project management - Marketing and sales - Estate management setup - Professional consultants - Clear development timeline - Transparent financial reporting developer submission Interested developers should provide: 1. Company profile and track record 2. Evidence of completed residential developments 3. Proposed architectural concept/unit mix 4. Development budget 5. Construction timeline 6. Projected selling prices and GDV 7. Proposed ₦100M upfront + equity structure 8. Landowner's proposed equity/units 9. Developer's expected return 10. Proposed JV structure and commercial terms 11. Evidence of financial capacity to execute the project preferred partner Preference will be given to developers with a strong track record in premium residential development, proven financial capacity, quality construction standards and a credible sales platform. The Landowner is prioritising value creation and premium positioning over maximum unit density. Fee 10% Premium is negotiable Owner is Ready to close Duc
Eleko, Ibeju Lekki, Lagos
₦5,600,000,000
Mixed-use land joint venture
2,000SQM Land
Lekki waterfront joint venture deal terms & conditions for joint venture partnership at admiralty way Prospective partner: A proven capable financier & developer for the construction of high density/high-rise top notch luxury apartments. Plot size: 2,000 sqm Title: Federal C of O & Lagos State Governor's Consent. Value of the land: N5.6 billion Type of Development: High density/high-rise (how many floors). What kind of houses? Sharing formula: Developer: 60% Landowner: 40% Premium: N360m 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 Ell
Admiralty Way, Lekki Phase 1, Lekki, Lagos
2000 sqm
₦1,980,000,000
Residential land joint venture
5.5 Acres of Land
5.5 Acres of Land Available for Sale or Joint Venture We'd like to bring to your attention also an opportunity involving one of our direct clients who owns 5.5 acres of land with a Certificate of Occupancy (C of O) in Magboro The client is open to a joint venture (JV) agreement with a partner who can invest the land's value in cash towards the property's development. Land Value: 60m per plot Facilitators Fee: 10% of Land Value Location: Banki peace heights to be precise Link_ak_mar
Magboro, Ogun
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Nnendu Homes and Properties Ltd provides expert real estate agency services tailored to your needs. We also offer exclusive investment opportunities for individuals looking to participate in our real estate development and property flipping ventures. Our partners enjoy flexible options, choosing between a 20% fixed return on investment or a profit-sharing model yielding 80% of project profits. Secure, transparent, and growth-focused---partner with us to grow your wealth through real estate.
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