1500 SQM Land

Outright Sale or Joint Venture Opportunity -- Prime Land (Location: Sangotedo/Lekki Axis) 1,500 SQM Global C of O & Registered Survey JV: 60/40 Developer-Favoured Premium: ₦50M (Negotiable) Property Overview

• Location: (As previously detailed: Facing Monastery Road beside ShopRite, Sangotedo, Lagos).
• Land Size: 1,500 SQM.
• Title: Global Certificate of Occupancy (C of O) & Registered Survey Plan.
• Deal Structure: Joint Venture (JV).

• Status: Vacant, titled land, ready for immediate development or partnership.

Joint Venture (JV) Terms

• Sharing Formula: 60% Developer / 40% Landowner -- a highly attractive, developer-favourable structure that rewards the party taking on the construction risk.
• Premium: ₦50,000,000 (Subject to negotiation) -- payable upon JV contract signing.
• Building Type: TBD (To Be Determined) -- open to the developer's proposed highest and best use.
• Facilitator's Fee: 10% of the property worth.

Key Highlights

• Developer-Favoured JV: The 60/40 split in favour of the developer is rare and makes this an exceptionally lucrative partnership opportunity.

low-upfront JV via a ₦50M premium.

• Strong Title Security: A Global C of O backed by a Registered Survey Plan ensures a secure legal foundation for either transaction type.
• Flexible Terms: The ₦50M premium is negotiable, and the building type is open to discussion, allowing you to tailor the project to market demands.
• High-Growth Corridor: Situated in the Sangotedo/Ajah axis, benefiting from massive commercial and residential development.

Development Potential (Building Type TBD) Given the location's high traffic and commercial viability, ideal proposals include:

• Mixed-Use Development: Ground-floor retail or F&B with luxury apartments above.
• Residential Block of Flats: High-density, high-yield apartments to meet regional housing demand.
• Commercial Plaza / Office Complex: Capitalising on the busy road frontage.
• Hospitality: Boutique hotel or serviced apartments.

Location Benefits

• Unmatched Commercial Visibility: Proximity to major retail anchors (like ShopRite) and direct road frontage ensures high footfall.
• Excellent Connectivity: Easy access to the Lekki-Epe Expressway, linking to Ajah, Lekki Phase 1, and Victoria Island.
• Rapidly Appreciating Area: Ongoing infrastructure and population growth in Sangotedo ensure long-term capital gains.
• Secure Neighbourhood: Surrounded by established estates and commercial hubs.

Option 2: Joint Venture (JV)

• Landowner's Contribution: Land (Valued at ₦450M).
• Developer's Contribution: 100% of construction financing.
• Premium: ₦50M (Negotiable) -- payable at contract signing.
• Profit Sharing: 60% Developer / 40% Landowner.
• Facilitator's Fee: 10% of land value.

For JV Partnership: Submit the following: 1. Letter of Intent (LOI) -- confirming acceptance of the 60/40 structure and premium. 2. Company Profile -- with verifiable evidence of successful residential or commercial projects. 3. Proof of Funds -- demonstrating capacity to fund the construction phase. 4. Preliminary Concept Note -- your proposed "Building Type" and development vision for the site. Due Diligence:

• Upon execution of an nda and Facilitator Fee Agreement, all title documents (Global C of O, Registered Survey) will be provided, and a site inspection will be arranged.

A rare developer-favoured 60/40 JV with strong titles. Serious buyers and developers only.