Mixed-use land joint venture
Bourdilion Road, Old Ikoyi, Ikoyi, Lagos
Joint ventures (jv) in the heart of ikoyi
bourdillon road ikoyi, lagos
terms & conditions for joint venture partnership
prospective partner: a proven capable financier & developer for the construction of high density/high-rise top notch luxury apartments.
plot size: 2281sqms
title: federal government certificate of occupancy
value of the land: n3m/sqm
type of development: high density/high-rise mix of 26 units of contemporary top luxury 4-bedroom maisonettes & 6 units 4/5-bedroom penthouses with modern facilities & amenities.
height: permissible by lasg building authorities but without crowding...
architects: paradigm/rumis. (developers may present their designs but if both parties disagree on the designs, it will be outsourced to 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: n600m (deductible from proceeds from the sale of one of landowners' maisonettes).
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 (net).
for serious enquiries o...
More details
₦6,843,000,000
R.w Properties & Consultant Ltd
07014452974
