verified & closable joint venture development off freedom way, ikate Also has option for outright sale of N1m per square meter. Land size: 1,263sqm Proposal: 20 units of 2bedroom apartments+BQ + 2 pinet house Land value: 1m per square meter Facilitator fees: 10% (negotiable) Sharing: 50/50 Premium: 100M to the land owner Title: Governor's Consent.
Freedom Way, Ikate, Lekki, Lagos
1263 sqm
₦1,000,000,000
Mixed-use land joint venture
Land with Residential Development
Joint venture Location: Off freedom way in a gated neighbourhood Land size: 939sqm Owner proposes 14 units of 2 bed and 2 unit of 3 bed penthouse for the joint venture Land value: 1b Title: C of O Facilitators fee 10%
Off Freedom Way, Lekki Phase 1, Lekki, Lagos
939 sqm
₦12,599,646,490
Mixed-use land joint venture
4417SQM of Land Available for Joint Venture
Joint venture partnership at ikoyi, lagos.* Prospective partner: A proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments. Plot size: 4417m2. Title: Federal Government Certificate of Occupancy. Value of the land: N4.5m per sqm Type of Development: High density/high-rise mix of 50 units *30 units of 4 bedroom apartment *16 units of 5-bedroom apartments *4 units of 5 bedroom penthouse Height: 28 floors or more permissible by lasg building authorities but without crowding... Architects: Paradigm/Rumis. (Developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to Paradigm Sharing formula: Developer 64%Landowner 36% Premium: N1.3B net 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: landowners will provide detailed finishing documents to be applied to their units & common areas if finishing documents by the JV partner is not mutually agreed upon. Facilitators' fee: 10% of land value (neg.)
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