Residential land joint venture
Okotie Eboh Street, Ikoyi, Lagos, Ikoyi, Lagos
Joint venture (jv) opportunity okotie eboh street, ikoyi
urgent -- previous developer delaying direct mandate
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jv overview
- location: okotie eboh street, ikoyi, lagos
- land size: 3,184.848 sqm
- land value: ₦2,000,000 per sqm (≈ ₦6.37b total land value)
- title: to be verified (typical for ikoyi: c of o or governor's consent)
- proposal: high-rise development (12 floors) -- residential, commercial, or mixed-use
- premium: ₦100,000,000 (payable to landowner)
- facilitator's fee: 10% (on deal closing)
- status: owner is ready to move immediately; previous selected developer is delaying.
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key highlights
- prime ikoyi location: okotie eboh is a well-recognized, high-value street in central ikoyi, ideal for a landmark development.
- immediate access: inspection and meeting with the owner can be arranged the same day for serious, ready developers.
- clear premium: ₦100m premium is straightforward and relatively accessible for a plot of this size in ikoyi.
- high-rise potential: 12 floors allows for significant density and roi in a prestige location.
- direct mandate: speaking directly with the decision-maker; no long chain of intermediaries.
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️ development potential
- luxury residential tower
- premium office complex
- mixed-use: retail, offices, and serviced apartments
- boutique hotel or high-end serviced suites
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jv structure & requirements
- landowner provides: land with clean title
- developer provides: premium (₦100m) + 100% construction funding
- profit-sharing: to be negotiated based on agreed valuation and contributions
- ideal developer:
- proof of funds ready
- experience in high-rise projects
- able to move quickly to secure this exclusive opportunity
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why this is time-sensitive
- owner is motivated and frustrated with previous delays
- same-day inspection and meeting available
- ikoyi plots of this size with clear jv terms are rare
- 12-floor approval potential adds significant development upside
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next steps for serious developers
1. express interest with company profile and proof of capacity
2. arrange immediate inspection and owner meeting
3. present preliminary development proposal
4. negotiate jv terms and profit-sharing structure
5. secure with premium payment and agreement
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this is a direct, urgent jv call for a capable developer to step in and secure a prime ikoyi high-rise opportuni...
More details
Added Yesterday
₦6,370,000,000
Ac Valour International
08036503218