Joint Venture Property on Freedom Way, Lekki Phase 1, Lekki, Lagos

Joint venture opportunity -- lekki foreshore estate, lekki phase 1, lagos 2,000 sqm c of o title land value: ₦1.8 billion premium: ₦80 million proposed: block of flats 50:50 sharing --- property & jv overview - location: lekki foreshore estate, lekki phase 1, lagos. - land size: 2,000 sqm. - title: certificate of occupancy (c of o). - land value: ₦1,800,000,000 (≈ ₦900,000 per sqm). - premium fee: ₦80,000,000 (payable immediately upon jv contract signing). - proposed development: block of flats (multi-storey residential). - jv sharing formula: 50:50 (landowner : developer). - construction period: 2 years. --- key highlights - prime lekki foreshore address: located within one of lekki phase 1's most prestigious gated estates -- known for security, good roads, and proximity to orange island and the lagoon. - strong c of o title: full government‑issued certificate of occupancy ensures legal security and bankability. - clear jv terms: the landowner has set non‑negotiable terms -- premium payment, bank guarantee, 50:50 split, and a 2‑year construction timeline. this clarity allows serious developers to evaluate quickly. - immediate premium payment: ₦80 million due at contract signing -- a sign of commitment and a filter for qualified partners. - optimal scale: 2,000 sqm is ideal for a medium‑density block of flats, offering strong returns without excessive complexity. --- ️ development potential - a modern block of flats -- likely 3‑4 storeys with a mix of 2‑ and 3‑bedroom units. - estimated unit count: 20--30 flats (depending on design and estate density regulations). - ground floor parking, lobby, backup power, water treatment, and security features. - target market: professionals, families, and investors seeking quality rentals or purchases in lekki phase 1. --- location benefits -- lekki foreshore estate - secure & serene: 24/7 estate security, paved roads, drainage, and organised layout. - proximity to key areas: close to admiralty way, freedom way, orange island, and the lekki‑epe expressway. - high demand: properties in this estate consistently achieve premium rents and resale values. - lifestyle appeal: near the lagoon, upscale restaurants, and retail outlets. --- non‑negotiable terms for developers the landowner has made these terms clear -- no further discussion unless accepted: 1. premium fee: ₦80,000,000 paid immediately upon signing the jv contract. 2. bank guarantee: developer must provide a bank guarantee on funds. 3. sharing ratio: 50:50 (landowner : developer). 4. premium payment timing: at contract signing (not after completion). 5. construction period: 2 years maximum. --- financial structure - land contribution value: ₦1.8 billion. - developer's role: provide 100% of construction financing, bank guarantee, project management, and sales/letting. - profit sharing: 50% to landowner / 50% to developer, after agreed cost recovery. - premium: ₦80 million is in addition to the land value -- effectively increasing the landowner's upfront take. --- next steps for interested developers qualified developers who accept the terms should: 1. submit a letter of intent (loi) confirming acceptance of the five terms. 2. provide proof of funds and ability to issue a bank guarantee. 3. share company profile with verifiable track record of block‑of‑flats projects in lekki, vi, or ikoyi. 4. prepare for immediate negotiation and contract signing once due diligence is satisfactory. due diligence: upon expression of interest, the facilitator will arrange site inspection and title document review. ideal partner: a mid‑sized to large real estate developer with proven experience in multi‑storey residential projects, strong liquidity, and ability to provide a bank guarantee. terms are clear. land is prime. structure is 50:50. serious developers only -- no tyre‑kicke...

Direct joint venture in lekki phase one -location; off freedom way, lekki phase one -land value; n1 billion -square meter; 549.588 sqm -title; governors consent -premium; tbd -mou: block of flats (two bedroom and three bedrooms) -owner development preference; block of flats and maisonette penthouse -contractors; credible developers o...

Semi direct instruction for sale 1,000sqm lekki foreshore estate, off freedom way, lekki phase 1 price : 830m title: c of o @nos...

Land measuring 1,156sqm proposal: 22 units of 2 bedroom location: just a plot pff freedom way premium: 50 million facilitators fee: ...

*j.v land brief* location: *off freedom way lekki phase1 lagos.* land size: *800 square meters* . title: c of o/ governor's consent is in-view proposal: 2-bedroom/ 3-bedroom and 2 units of 4bedrooms paint house of 5 floors value: 1m per sqm *sharing: 50%/50%* premium: *no premium* broker fee: 10% of land value *procedure:* - letter of intent - company's profile - ⁠proof of funds - past projects details - an official letter, agreeing to 10% broker f...

Joint venture opportunity -- prime land on freedom way, lekki phase 1, lagos 1,284 sqm along freedom way 50:50 sharing formula 24 flats proposed facilitator's fee: 10% --- property & jv overview - location: freedom way, lekki phase 1, lagos. - land size: 1,284 sqm. - title: to be verified (c of o / governor's consent expected). - proposed development: 24 flats (mix of 2 & 3 bedrooms typical for this corridor). - joint venture sharing formula: 50:50 (landowner : developer). - facilitator's fee: 10% of land value (payable upon jv agreement). - status: vacant land, ready for partnership and immediate development. --- key highlights - prime freedom way address: located on one of lekki phase 1's most important arteries, close to admiralty way, orange island, and major commercial hubs -- ensures high demand and premium pricing. - clear 50:50 jv structure: equal profit sharing simplifies negotiations and aligns interests between landowner and developer. - defined unit count (24 flats): provides a clear development brief for feasibility studies, architectural design, and financial modeling. - optimal density for the site: 24 flats on 1,284 sqm (≈18.7 units per 1,000 sqm) is realistic for a mid‑rise apartment block with parking and amenities, subject to planning approval. - highly desirable location: freedom way is well‑known, well‑lit, and accessible, attracting high‑income tenants and buyers. --- ️ development potential - a modern apartment building comprising 24 flats (e.g., 12 x 2‑bedroom + 12 x 3‑bedroom, or a mix including 1‑bedroom units). - typical specifications: ground floor parking, 4--5 residential floors, rooftop terrace, backup power, water treatment, and modern finishes. - target market: professionals, expatriates, and families seeking quality rental or ownership options in lekki phase 1. --- location benefits - freedom way, lekki phase 1: a prime residential‑commercial corridor with excellent road network, 24/7 security, and proximity to banana island, ikoyi, and victoria island. - nearby amenities: close to banks, supermarkets (shoprite, justrite), hotels (eko, four points), schools, and restaurants. - high occupancy rates: developments in this area consistently achieve strong rental yields and capital appreciation. --- jv financial structure - landowner contribution: the land (valued at market rate -- to be agreed). - developer contribution: 100% of construction financing, project management, and sales/letting. - profit sharing: 50% to landowner / 50% to developer. - facilitator's fee: 10% of the agreed land value, typically paid from the landowner's share upon successful closure of the jv agreement. --- next steps for interested developers interested and qualified development partners should: 1. submit a formal expression of interest including: - company profile and track record (especially apartment projects in lekki/vi/ikoyi). - proof of financial capacity (bank statements, facility letters). - preliminary concept note on how you would execute a 24‑flat scheme on 1,284 sqm. 2. sign a non‑disclosure agreement (nda) to access full property details and title documents. 3. conduct due diligence: title verification at the lagos state lands bureau, site inspection, feasibility study. 4. negotiate and sign the jv agreement, including the facilitator's fee structure. ideal partner profile: - mid‑sized to large real estate developer with a proven record in multi‑storey residential projects. - strong balance sheet and ability to fund construction without relying on off‑plan sales. - experience in lekki phase 1 or similar high‑value corridors. a clear 50:50 jv on freedom way -- a straightforward path to a profitable apartment development. serious developers on...

*joint venture opportunity* lekki phase 1 prime corner-piece plot measuring approximately 1,300sqm, strategically positioned on engineer george enemmoh crescent & freedom way. key highlights - land value: ₦2.5 billion - no premium - secure lagos state title - highly accessible & commercially viable -location suitable for premium residential development -preferred development block of luxury apartments #l...

*939m²* bare land for *joint venture.* *triangular in shape,* in a close off freedom way. *ikate* proposal : block of flat and maisonette sharing *45 owner / 55 developer.* value : *700m* c of o.. gov consent in view facilitators fees 10% please come with your *direct developer* #korod video available. serious enquir...

S/ direct: joint in venture lekki foreshore off freedom way land size: 2,000sqm land value: n1.8b title: deeds of assignment sharing formula: 50/50 1000sqm at lekki foreshore end of freedom way sharing fence with orange island. proposal: 3units of 5bedrom luxury duplex. title estate c of o premium; 50m sharing formula; 50/50 land value ; 900m facilitators fee 10& proposal : blocks of luxury flats facilitation fee: 10% *premium:* ...

Great investment opportunity joint venture jv land for investors. *location:* lekki phase 1 off freedom way lekki lagos. *land size* : 1,150 sqm *land value* : n1.3 billions *proposal* : 30 units of 2bed & 3bed apartments plus penthouse (g+7 & 2 units penthouse) *title* : governor's consent. *premium* : n50m *sharing* : 55/45 *fees* : 10% *note* : owner wants capable company/developer for the project *procedure :* -inspection -loi -company's profile -letter for facilitators f...

*just in now - fantastic joint corner pieces venture > 1,300sqm bareland , ricmond peral off freedom wey lekk phase one off freedom way lekki- lagos !!!* *talking to the mandate !!!* land size : 1,300 sqm. land value 1m per sqm porsopsal mix of block of flat n maisonette sharing 55/45 *title: governor's consent, and other relevant documents !!!* permium 50 million *facilitators fee ; 10% of the land value !!!* be attended to immediately!...

*no more premium* closable joint venture lekki phase 1* off freedom way lekki(close to the road) land size: *1,150sqm* title: c of o proposal: blocks of apartments value n1.3b premium:nil sharing:to be discussed fee :10% *please come serious developer let's close it asap* #n...

*j.v land brief location: *behind dome church, off freedom way lekki phase1 lagos.* land size: *800 square meters* . title: c of o/ governor's consent is in-view proposal: 2-bedroom/ 3-bedroom and 2 units of 4bedrooms paint house of 5 floors value: 800m per sqm *sharing: 50%/50%* premium: *no premium* broker fee: 10% of land value *procedure:* - letter of intent - company's profile - ⁠proof of funds - past projects details - an official letter, agreeing to 10% broker fee. #...

*joint venture* land size: 2,500sqm off freedom way, lekki land value: n2b title: deeds of assignment sharing formula: 50/50 proposal: 40 units of appartments facilitation fee: 10% premium: no premium †¶€ⁿ.∆...

Jv available @ freedom way lekki lagos. 1600sqm of land behind dome church off freedom way lekki lagos valued : @ 750,000 per sqm proposal block of flats sharing ratio : 60/40 facilitators fee: 1...