Joint Venture Property in Northern Foreshore Estate, Lekki, Lagos

Listing title prime jv opportunity --- 8,000 sqm land at gracefield / gravita estate, chevron (end of chevron drive / beside northern foreshore) lagos state c of o overview rare, large‑scale joint‑venture parcel on gracefield / gravita estate in the chevron corridor --- 8,000 sqm positioned at the end of chevron drive beside northern foreshore estate. held on lagos state certificate of occupancy, this waterfront‑edge site is offered for jv development with no upfront premium. the owner invites development partners with strong delivery capacity to propose high‑value residential, mixed‑use or boutique hospitality concepts that suit the premium coastal micro‑market. quick facts - site area: 8,000 sqm - location: gracefield / gravita estate --- end of chevron drive, beside northern foreshore estate, lagos (chevron waterfront corridor) - title: lagos state certificate of occupancy (c of o) --- available for qualified buyer verification - asking land value (guide): ₦550,000 per sqm (indicative) --- implied land value ₦4,400,000,000 (₦4.4b) - premium: nil (owner not requesting upfront premium) - sharing / jv: open proposal --- sharing formula to be agreed (owner open to land‑for‑equity structures) - facilitator fee: 10% of agreed land value (payable as agreed) why this site is compelling - strategic waterfront corridor: gracefield / gravita area is one of lagos's most attractive low‑density, high‑value residential and leisure precincts --- strong demand for quality, waterfront‑facing product. - size and scale: 8,000 sqm provides development scale suitable for a boutique low‑rise estate, townhouse cluster, small luxury apartment scheme, serviced residences or mixed‑use development with premium amenities. - clean title: lagos state c of o simplifies title verification and transactional confidence for institutional partners (buyer to confirm via legal due diligence). - no upfront premium: the absence of a premium reduces initial cash outlay and supports stronger project cashflow modelling for developers. suitable development concepts - luxury waterfront townhouses / terraces (low rise) with private gardens and parking - boutique apartment complex / serviced apartments with high‑end amenity offering (pool, gym, concierge) - mixed‑use podium: ground‑floor retail / f&b with high‑quality residential units above (subject to planning) - small hotel / boutique hospitality with marina‑related leisure facilities (planning dependent) - exclusive gated estate or executive villas for hnw individuals suggested jv structures (examples) - land‑for‑equity: owner contributes land; developer funds design, approvals and construction; completed units / proceeds shared per agreed equity split. - build‑to‑sell: developer constructs and markets units; net proceeds split after cost recovery. - build‑operate‑transfer: developer operates assets for a defined period (if hospitality/serviced apartments) with agreed revenue share prior to transfer. - hybrid: small development premium + equity share to balance owner and developer cashflow needs. commercial & negotiation points - guide land valuation: ₦550,000 / sqm (indicative) --- total guide value ₦4.4b (final valuation and fee mechanics to be agreed). - facilitator fee: 10% of land value (clarify timing, escrow and payment mechanics in hot). - owner open to discussing sharing formula, developer fee, cost recovery waterfall and marketing/sales responsibilities. pre‑qualification & what the owner expects prospective development partners should provide: - letter of interest (loi) with brief proposed jv approach and indicative timelines - company profile, rc documents and track record of comparable projects (portfolio & references) - proof of financial capacity / bank reference or audited accounts demonstrating ability to fund project phases - high‑level concept brief (indicative unit mix, density, amenity strategy and commercial model) - willingness to agree to confidentiality / nda prior to receiving full title and technical pack 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...

Notice: *direct developer communication only* (no agents- no mandates) joint venture --- prime land at gracefield island, chevron, lagos location: gracefield estate (gravitas), end of chevron drive --- beside northern foreshore estate, lagos plot size: 2,833 sqm title: lagos state c of o (lag c of o) indicative land value: ₦550,000 per sqm (indicative total: ₦1,558,150,000) proposal: open proposal --- premium: nil facilitator fee: 10% note: images are for illustration purposes brief: semi mandate owners seeks a vibrant & beautiful residential or mixed use development photos: illustration purposes only. (land owners view) completely open to developer's final proposal overview exceptional jv opportunity on gracefield island --- a strategically located waterfront development node in the chevron corridor. the 2,833 sqm c of o parcel sits within gracefield estate (gravitas) offering strong development potential for luxury residential, waterfront villas, boutique apartments or mixed‑use projects. the owner seeks a development partner under a flexible jv structure with no premium; sharing formula to be agreed. key selling points - premium waterfront/island location in chevron --- high demand for quality residential and mixed‑use product. - clean lagos c of o title --- transaction and jv structuring straightforward subject to due diligence. - attractive plot size (2,833 sqm) enabling high‑value low‑density development or segmented schemes. - no premium required --- owner willing to enter jv without additional premium charge. - facilitator fee: 10% (to be confirmed in writing). potential uses - luxury villas or detached waterside homes - low‑rise boutique apartment development (2--4 bedroom units, penthouses) - mixed residential with amenity spaces (pool, private marina/jetty subject to approvals) - landbank for strategic long‑term investment or phased development commercial notes - indicative land valuation: ₦550,000 per sqm (owner's benchmark). total indicative valuation: ₦1,558,150,000. - sharing formula: to be proposed by interested developer(s) --- owner open to equity-for-land, build‑to‑sell, build‑to‑rent or hybrid jv structures. - premium: nil (owner will not require a premium on the jv). - facilitator/agent fee: 10% (agreement to be provided in writing). required partner profile & documents - established developer or private equity partner with lagos waterfront/mid‑high end residential experience. - submission requirements: letter of interest (loi), company profile, evidence of three (3) similar projects or relevant track record, proof of financing capacity or funding commitments, proposed jv term sheet (equity split, capex plan, timelines). due diligence & next steps 1. submit loi and required documents. 2. sign nda (if requested) to receive full information pack: c of o copy, survey/site plan, estate regulations and service details. 3. arrange site inspection and meeting with owner/representative. 4. submit detailed jv proposal (sharing formula, financing plan, construction timeline). 5. negotiate and execute jv term sheet and legal agreements; proceed with statutory approvals and development. confidentiality 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: ik...

Joint ventire project *land for joint venture in gracefield island, chevron, lagos* *size* : 8000sqm or15000sqm *location* : at gracefield estate, gravitas, end of chevron drive/beside northern foreshore estate, lagos *title* : lag c of o *price* : #650k per sqm *proposal* mix development/blocks of flats, *sharing formula* tbd *premium* : nil *facilitator* 10% ownergrace...

Land for joint venture in gracefield island, chevron, lagos size : 8000sqm location : at gracefield estate, gravitas, end of chevron drive/beside northern foreshore estate, lagos title : lag c of o price : #650k per sqm proposal mix development/blocks of flats, sharing formula tbd premium : nil facilitator 10% direct developer or semi direct developer only n...

Joint ventire project * *land for joint venture in gracefield island, chevron, lagos* *size* : 8000sqm *location* : at gracefield estate, gravitas, end of chevron drive/beside northern foreshore estate, lagos *title* : lag c of o *price* : #650k per sqm *proposal* mix development/blocks of flats, *sharing formula* tbd *premium* : nil *facilitator* 10% *direct developer or semi direct developer only* i...

*land for joint venture in gracefield island at gravita estate, chevron, lagos* *size: 8000sqm* *location: gracefield estate, gravitas, end of chevron drive/beside northern foreshore estate, lagos* *title: lagos state c of o.* *price: n550k per sqm* *proposal: open proposal* *sharing formula: tbd* *premium: nil* *facilitator: 10% of land value.*ob 08033439...

Land for joint venture in gracefield island, chevron, lagos* *size: 2833sqm* *location: gracefield estate, gravitas, end of chevron drive/beside northern foreshore estate, lagos* *title: lagos state c of o.* *price: n550k per sqm* *proposal: open proposal* *sharing formula: tbd* *premium: nil* *facilitator: 10% of land value.* slvbles...