Joint Venture Property on Chevron Drive, Ikota, Lekki, Lagos

Joint‑venture opportunity --- 1,287.153 sqm land, ikota mega / chevron, lekki c of o & title pack land value ₦460m --- sharing 55:45 (owner) overview: prime jv opportunity in the heart of the ikota / chevron corridor --- a single consolidated 1,287.153 sqm plot positioned behind ikota mega chicken (chevron, lekki). the owner seeks an experienced developer or institutional investor to deliver the owner's proposed scheme (design available to qualified parties). the land is offered into a joint venture on a 55:45 sharing basis (developer : owner). no premium is required. certified title documents are in place. quick facts - location: behind ikota mega chicken, chevron, lekki, lagos - land size: 1,287.153 sqm - title / documents: certificate of occupancy (c of o), deed of assignment(s), family receipt and certified survey plan --- available for verification - land value (vendor): ₦460,000,000 - proposed commercial structure: joint venture --- profit/share 55:45 (developer : owner) - premium: nil - agency fee: negotiable --- to be agreed in heads of terms - design: concept/design available to serious, qualified developers/investors on request why this site is attractive - strategic lekki micro‑market: ikota/chevron is a high‑demand residential and mixed‑use corridor with strong occupier and investor appetite. - development scale: 1,287 sqm supports a low‑/mid‑rise apartment scheme or a boutique mixed‑use product delivering attractive unit counts and amenity space. - clean title pack: c of o plus supporting deed/receipt and certified survey reduce acquisition risk and speed up due diligence. - no premium: land contributed as equity improves project irr for the developer partner. owner's proposal & sharing - owner is offering the land as its equity contribution to a development jv. - proposed profit split: 55% to the developer (to cover construction investment & developer fee), 45% to the landowner (post cost recovery and agreed waterfall). - premium: nil --- no upfront cash premium required from the developer. - final sharing mechanics, cost recovery and developer fee to be agreed and documented in heads of terms. suggested product & use (owner's plan) - mid‑rise residential apartments (2‑ & 3‑bed units) with parking and resident amenities; alternative mixed‑use residential/retail also feasible depending on approvals and market strategy. - exact unit mix, gfa and design will be finalised with the chosen developer subject to planning and market feasibility. required partner profile - proven developer or investor with demonstrable delivery of residential/mixed‑use projects in lagos. - evidence of funding capacity (proof of funds / bank reference or financing commitment). - technical & commercial execution capability: project management, contractor relationships and sales/letting experience. - willingness to operate under transparent jv governance and certified milestone drawdown with escrow/independent qs certification. documentation & due diligence (available to qualified parties) - certified title pack: c of o, deed(s) of assignment, family receipt, survey plan (released on nda). - concept design: available to serious developers on request (nda required). - recommended buyer checks: solicitor title search, geo‑technical & topographic survey, planning/zoning confirmation, utilities audit and independent qs cost‑to‑complete. commercial process & next steps 1. submit letter of interest (loi) with company profile, rc documents, relevant project references and proof of funds. 2. execute nda; owner/facilitator will release the certified title pack and concept design to qualified parties. 3. shortlisted developers invited for site inspection and to submit detailed jv proposal (programme, cost plan and proposed operating structure). 4. negotiate heads of terms (hot) capturing profit waterfall, cost recovery, developer fee, timelines and facilitator/agency fees. 5. execute formal jv agreement and mobilise per agreed milestones. why act now opportunities of this scale with clear title and owner willingness to enter a land‑for‑equity jv are limited in the ikota/chevron corridor. early engagement secures priority access to the concept design and the chance to move quickly to approvals and delivery. contact / submissions to submit your loi or request the title & design pack (nda required), contact: [facilitator / agent name]the build centre properties ltdtel: +234 708 056 2616 +234 814 455 0891email: [email protected] notes & confidentiality - this opportunity is presented to serious, qualified developers and investors only. full documentation will be supplied under nda following loi and proof of funds. - agency fee and facilitator mechanics are negotiable and will be agreed in the heads of terms. - all information is provided in good faith and prospective partners must conduct independent legal, technical and financial due diligence prior to commitment.. 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: d. ak...