Flat / apartment joint venture
948 SQM of Land at Lekki Phase 1
For JV: Lekki phase 1 abike animasheun off durosimi-eti 948 SQM 18-unit block of flats 50/50 split Prime Lekki Phase 1 land off Durosimi-Eti. Build 18 units of 2 and 3 bedroom flats in a high-demand pocket with clean Governor's Consent. The JV: - Location: Abike Animasheun, off Durosimi-Eti, Lekki Phase 1 - Land Size: 948 SQM - Proposal: Block of flats. 18 units of 2 or 3 bedroom apartments - Title: Governor's Consent - Land Value: ₦1.8 Billion - Premium: ₦110 Million - Sharing Formula: 50% Developer / 50% Landowner - Facilitators Fee: 8% net. Non negotiable the upside: Lekki Phase 1 delivers instant tenant demand and premium rents. 50/50 split with Governor's Consent in place means fast mobilization and clean exit. Build to market, lease to corporate tenants, capture Phase 1 yields. Developers ready to move, this is your Lekki Phase 1 entry.