Joint venture in banana island
location: banana island road, ikoyi
land size: 3,194sqm
land value: n3,750,000,000
proposal: maissonates and penthouses and must be on 8 floors
title: federal c of o
sharing ratio: to be discussed
premium: none
facilitators fees: 10% of land value
...
By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.
Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.
Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.