Land joint venture
Victoria Island (VI), Lagos
*lovely joint venture opportunity -- victoria island, lagos*
direct instruction from the owner
we are pleased to present a prime 1,300 sqm parcel of land off adeola odeku street, victoria island, lagos, available for a 50:50 joint venture partnership.
*key highlights:*
location: core vi commercial/residential corridor ( off adeola odeku).
land size: 1,270 sqm.
title: land certificate (verifiable).
valuation: ₦3 billion (for jv purposes).
facilitator fee: 10% of land value (₦300 million).
proposed structure: 50:50 equity split between landowner and developer.
*development concept (proposed):*
14 floors total (ground + 13 upper floors).
ground + 1st floors dedicated to parking.
upper floors adaptable for:
premium residential apartments (1--3 bedrooms, penthouses).
mixed-use layouts (office, retail, or serviced apartments, subject to planning).
boutique hotel option (operator dependent).
indicative capacity: ~80--110 residential units (subject to planning, far, and final design).
parking: provision for ~60--72 vehicles.
*partnership expectations:*
we are seeking a credible development partner with:
proven track record in lagos/victoria island.
access to construction finance and sales/marketing channels.
ability to mobilize a technical team and secure approvals promptly.
*next steps:*
- submit loi with developer credentials + proof of funds/bank comfort letter.
- execute nda and exchange preliminary documents.
- conduct site inspection and confirm jv terms.
- finalize jv agreement after due diligen...
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₦3,000,000,000
Heaven's Residences
+2349129830303