Residential land joint venture
1, 500 SQM Prime Joint Venture Land for Luxury High-Rise Development at
Property Description An exceptional and rare Joint Venture (JV) opportunity is now open for a visionary developer in Nigeria's most prestigious and secure neighborhood: Banana Island, Ikoyi. This prime parcel of land spans 1,500.23 SQM and is perfectly positioned for a luxury high-rise residential development. With the skyrocketing demand for premium apartments and maisonettes in Ikoyi, this project promises an exceptional Return on Investment (ROI) and global buyer appeal. Proposed Development Plan The site is highly suitable for an iconic multi-story structure. A proposed concept includes: Floors 1--2: Ample and secured Car Parking Floors 3--5: Block of ultra-luxury Apartments Floors 6--7: 4 Units of premium 4-Bedroom Maisonettes Floor 8: 2 Units of exclusive, sprawling Penthouses. (Note: The land is open to alternative/additional design options by the developer) Financials & JV Terms Land Size: 1,500.23 SQM Land Value: ₦5,000,000 per SQM Total Land Value: ₦7,501,150,000 (Approx. ₦7.5 Billion) Premium: Subject to discussion / negotiation Sharing Formula: 50% / 50% Facilitator's Fee: 10% Why Invest in This Location? Unmatched Prestige: Banana Island remains Africa's most elite real estate hub. High roi: Premium Ikoyi apartments yield some of the highest rental and resale values on the continent. Security & Infrastructure: Top-tier estate security, constant power, and world-class drainage/road networks. Strict Engagement Terms ️ Important Notice: This opportunity is strictly available to Direct Developers or Valid Mandates with verifiable track records. Broker networks and middlemen will not be entertained. Proof of financial and technical capacity will be required before full documentation is released.