Joint Venture Property in Ilupeju, Lagos

Joint venture within ilupeju land size...1090 sq yard that is 903sq.meters. land value: #850m proposal..12 to 14 nos of 3- bedroom luxury flats with boys quarters. premium #40m non negotiable facilitator's fees: 10% agency fees: #20m (non-negotiable) owner is alive & ready to meet with any serious developer. send loi letter, company profile, proposal and 10 percent facilitator fee letter agreement and meeting with owner. #simsp...

Notice: *direct developer communication only* (no agents- no mandates) listing title development lease (bot) --- 500 sqm, macathy street, ilupeju estate term: 20‑year lease overview prime build‑to‑operate‑transfer (bot) development lease opportunity in ilupeju estate, lagos. a 500 sqm plot on macathy street is offered on a 20‑year lease for a developer to construct a mid‑rise block of flats (flexible unit mix). the proposal requires a well‑designed scheme with adequate parking and sensible density --- not overcrowded. construction period: 12- 18 months. premium: ₦6,000,000. faacilitation fee: ₦10,000,000. property summary - opportunity type: development lease (bot) --- lease, build, operate and transfer framework - location: macathy street, ilupeju estate, lagos - land area: 500 sqm - lease term: 20 years - upfront premium: ₦6,000,000 - construction period (proposed): 12-18 months from commencement - design brief: block of flats --- unit numbers flexible but must avoid overcrowding; scheme must provide adequate parking and amenity space - facilitation fee: n10,000,000 (fixed) - availability: by agreement following heads of terms and deposit development proposition this bot lease is ideal for experienced developers and investors seeking short‑to‑medium term cashflow from a managed residential asset in ilupeju estate, with the asset reverting to the landowner at lease expiry. the compact 500 sqm site supports a well‑planned mid‑rise block delivering quality flats targeted at professionals and corporate renters, provided design respects estate character and parking standards. why this opportunity is attractive - strategic location: ilupeju estate is an established residential/commercial node with excellent connectivity to ikeja, apapa and lagos mainland markets. - short construction cycle: 12‑18 month construction window supports quick operational ramp‑up and revenue generation. - low premium: ₦6m upfront premium reduces initial capital outlay relative to outright purchase. - flexible design: developer can propose unit mix (e.g., 1‑ & 2‑bed flats or a mix including 3‑beds) to match market demand while ensuring adequate parking and open space. - bot structure: enables developer to operate and monetise the asset during the lease term, with clear exit at transfer. design & planning brief (key requirements) - block of flats across appropriate storeys (subject to estate/local planning regulations) --- number of flats flexible but density must be reasonable and consistent with ilupeju estate character. - adequate on‑site parking provision (minimum required by lagos planning codes and estate rules) plus visitor parking. consider basement/ground parking or efficient stack/marked bays. - provide appropriate setbacks, landscaping and refuse management areas. - ensure adequate water and power provisions (borehole, overhead tank, generator/es) in design for reliable operations. - fire safety, access for emergency vehicles and waste disposal must be included in design. - compliance with estate covenants and lagos state planning/approval processes required. suggested commercial/lease structure (examples to negotiate) - lease term: 20 years (fixed) with defined construction milestone schedule and handover process. - premium: ₦6,000,000 payable upfront - rent/royalty: depending on bot terms, a recurring rent, revenue share or service charge may be agreed during the operating phase. - transfer: full transfer of the completed building to landowner at lease expiry or earlier if agreed. - performance guarantees: bank guarantees/retention for construction defects and compliance; insurance cover during construction and operation. - exit and extension: option to negotiate right of first refusal for lease extension or purchase at pre‑agreed terms (optional). due diligence & documentation checklist (recommended) - confirm land title and authority to grant a development lease (certificate of occupancy or other title documents). - obtain site survey/plan and confirm exact 500 sqm boundaries. - request estate rules, deed covenants and any restrictive conditions for ilupeju estate. - clarify statutory planning parameters (permissible height, coverage, parking standards) with lagos state planning authority. - verify availability of utilities (power, water, drainage) and connection costs. - review environmental/site condition and geotechnical report if available. - confirm tax, rates and any outstanding liabilities on the land. commercial terms & approvals to finalise - detailed heads of terms including premium payment schedule, construction milestones, facilitation fee- n10m, insurance, defect liability and handover conditions. - construction programme and approved design & specifications to be agreed prior to commencement. - security/guarantee mechanisms for timely delivery and compliance. - approval process with estate management and lagos state planning authority to secure necessary permits. next steps --- how to proceed 1. submit expression of interest (eoi) with company profile, sample deliverables and relevant development track record. 2. request full property dossier and certified title/survey documents. 3. arrange site inspection and meeting with the landowner/estate representatives. 4. prepare preliminary concept design and projected construction programme for discussion. 5. negotiate and sign heads of terms, pay agreed premium/agency fee, then commence statutory approvals and construction mobilization. contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties* ref: ak...

Joint‑venture opportunity --- coker road, ilupeju 1,090 sq.yd (~915 sqm) land value ₦850,000,000 --- developer jv (16--24 x 3‑bed luxury flats) overviewdirect jv instruction: prime inner‑city development parcel on coker road, ilupeju offered for a closeable joint venture with an experienced developer. the owner proposes delivery of 16--24 luxury 3‑bedroom apartments (subject to design & approvals). this is a live, 100% closeable jv --- the owner is ready to meet credible developers immediately. quick facts - location: coker road, ilupeju, lagos - land size: 1,090 sq.yd (approx. 915 sqm) - land value: ₦850,000,000 - proposed scheme: 16 to 24 units of 3‑bed luxury flats (final unit count to follow feasibility & planning) - premium: ₦30,000,000 (to be recouped in the sharing formula) - facilitator's fee: ₦50,000,000 (payable per agreed heads of terms) - agreement fee: ₦10,000,000 (indicative legal/agreement fee) - title: available on request (to be provided to qualified parties for verification) - status: owner ready to engage and meet serious developers --- jv described as 100% closeable why this jv is compelling - inner‑city location: ilupeju/coker road provides strong catchment for mid‑to‑high end residential product serving professionals and executives. - optimal scale: plot size supports a quality mid‑rise apartment block with efficient unit mix and amenity space. - speed to market: owner is motivated and prepared to advance to heads of terms quickly with qualified partners. - value creation: developer benefits from land equity contribution and can optimise returns by delivering finished product to market. suggested development concept - luxury 3‑bedroom apartment product (16--24 units) with contemporary finishes, secure parking, standby power, water storage and communal amenities (gym/communal lounge / generator house). - options: single block or two linked blocks, with ground‑floor retail/servicing where planning permits to enhance income. what the owner expects from a partner - proven developer or institutional investor with relevant lagos apartment delivery track record. - demonstrable financing (proof of funds or committed facilities) to complete the project. - ability to manage approvals, contractor procurement and sales/letting channels. - willingness to adopt transparent jv governance and agreed milestone funding structure. commercial mechanics (to be agreed) - premium: ₦30m --- to be recouped from project receipts per agreed waterfall. - facilitator fee: ₦50m (non‑negotiable) --- payable by developer/owner as set out in hot. - agreement fee: ₦10m (indicative legal/administration fee). - sharing formula: open for negotiation --- owner will consider common structures (land‑for‑equity, profit share, or hybrid models). exact split, cost recovery rules and developer fee to be set in heads of terms. due diligence & documents - title & survey: certified title documents, survey and site plan available to qualified parties on request. - technical: shortlisted partners to commission site inspection, geotechnical & topographic surveys and independent qs cost‑to‑complete. - planning: confirm permitted coverage, setbacks and parking with lagos state planning authority; developer to propose final massing subject to approvals. - financial: developer to provide high‑level pro‑forma, funding plan and evidence of financial capacity. process & next steps (recommended) 1. submit a concise letter of interest (loi) with company profile, relevant project examples and proof of funds. 2. on qualification the owner/facilitator issues an nda and certified title pack. 3. site inspection and technical assessment by shortlisted partners. 4. developer submits a jv proposal (commercial structure, timeline, funding & delivery plan). 5. negotiate heads of terms (capture premium recoupment, facilitator fee payment mechanics, sharing waterfall and milestones). 6. execute formal jv agreement and mobilise per agreed milestones. contact & registration owner and facilitator will meet serious developers immediately. to express interest, request the title pack or arrange a site visit, submit your loi to: [facilitator / agent]the build centre properties ltdtel: +234 708 056 2616 +234 814 455 0891email: [email protected] notes & confidentiality - this opportunity is offered semi‑direct; full documentation released to pre‑qualified parties only (loi, proof of funds and nda required). - all information is provided in good faith and subject to verification. final terms to be agreed in heads of terms and formal legal documentation. contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties ref: to...

*talking to the semi directly* close joint venture @34,coker road, ilupeju land size :1090 sq yard that is 903sq.meters. land value:#850 million, proposal : 12 to 14 nos of 3- bedroom luxury flats with boys quarters. premium #40m non negotiable facilitator's fees: 10% legal/agreements fees: #20m non negotiable. owner is alive. owner is ready to meet with any serious developer. it is percent closeable and genuine deal joint venture. send loi letter, company profile, proposal and 10 percent facilitator fee letter agreement and meeting with owner. back to mar...

Jv jv jv jv jv land size: 1,890sqm location: off coker road ilupeju estate lagos state gate close highly secured environment with 24hrs security guard off coker road ilupeju estate lagos state. open proposal: give your offer its open. peregrine realty: jun...