Land joint venture
Didelolu Estate, Victoria Island (VI), Lagos
*joint venture opportunity: victoria island 4,950 sqm bared land didelolu estate luxury apartments*
victoria island development at scale. 4,950 sqm of bareland in didelolu estate, fully fenced and gated with certificate of occupancy and supporting documents. this is a direct entry for developers targeting luxury apartments in lagos' prime cbd.
*development brief:*
- *location:* didelolu estate, victoria island
- *land size:* 4,950 sqm. fully fenced and gated
- *title:* certificate of occupancy and other relevant documents. clean and verifiable
- *proposed development:* luxury apartments
- *land rate:* ₦2 million per sqm
- *total land value:* ₦9.9 billion
- *premium:* ₦100 million. non negotiable
- *facilitators fee:* 10% of land value. ₦990 million. non negotiable
- *sharing formula:* to be determined at principal meeting
*transaction process:*
1. submission of company profile
2. letter of intent with facilitators fee
3. site inspection
4. direct meeting with the landowner
*why developers should move:*
vi land of this scale, fenced and titled, is no longer available through open market. didelolu estate location supports luxury apartment absorption and premium pricing. infrastructure and perimeter security are in place, so capital goes straight into approvals and vertical construction.
this is a principal-to-principal jv for developers with proven delivery capacity and capital readiness.
submit company profile and schedule inspection*
(w higlek)
ade
08033439...
More details
₦9,900,000,000
Michfranco Enterprises
08137964976