High-Rise Building. Owner Requires a Minimum of 10 Floors.

Joint Venture Opportunity -- Ligali Ayorinde, Victoria Island, Lagos 1,500 SQM (Corner Piece) C of O & Governor's Consent Land Value: ₦3.5M per SQM Minimum 10 Floors Proposal Agency Fee: 8% --- Property & JV Overview

• Location: Ligali Ayorinde, Victoria Island, Lagos.
• Land Size: 1,500 SQM (Note: Brief also specifies a 1,401 SQM corner-piece).
• Title: Certificate of Occupancy (C of O) & Governor's Consent -- the strongest dual-title combination in Lagos.
• Land Value: ₦3,500,000 per SQM.
• Total Land Value (Est.): ₦5,250,000,000 (≈ ₦5.25 Billion).
• Proposed Development: High-rise building. Owner requires a minimum of 10 floors.
• Structure: Joint Venture (JV).
• Agency Fee: 8% of land value.
• Status: Prime land, ready for a premium development partnership.

--- Key Highlights

• Iconic Victoria Island Address: Ligali Ayorinde is a highly prestigious and central corridor in VI, surrounded by embassies, corporate headquarters, and luxury residences.
• Corner-Piece Advantage: Offers maximum visibility, dual access, and superior architectural design flexibility.
• High-Density Mandate: The owner's requirement for a minimum of 10 floors ensures that the land's full commercial and residential potential is maximized, yielding higher overall returns.
• Strong Dual Title: The combination of C of O and Governor's Consent provides unmatched legal security and bankability for this multi-billion-naira project.
• Transparent Transaction: A clear 8% agency fee and a well-defined submission procedure for qualified developers.

--- ️ Development Potential Given the prime VI location and the 10-floor minimum requirement, ideal proposals include:

• Luxury Residential Tower: 10+ floors of high-spec 2-, 3-, and 4-bedroom apartments with premium penthouses.
• Mixed-Use High-Rise: Commercial/retail spaces on the lower floors with luxury residential apartments above.
• Corporate Headquarters / Office Tower: Grade-A commercial space targeting multinationals.
• Boutique Hotel or Serviced Apartments: Capitalizing on the high demand for premium hospitality in VI.

--- Location Benefits -- Ligali Ayorinde, VI

• Epicenter of Business & Diplomacy: Minutes from major banks, embassies, Eko Atlantic, and the Lagos Island business district.
• Lifestyle & Convenience: Proximity to top-tier restaurants, hospitals, schools, and leisure spots.
• Excellent Infrastructure: Reliable power, water, security, and a well-maintained road network.
• High Appreciation: Property values in this specific VI corridor remain highly resilient and show exceptional long-term capital growth.

--- Financial Structure

• Land Contribution Value: ₦3.5M/SQM.
• Developer's Role: Provide 100% of construction financing, project management, and execution.
• Profit Sharing: To be negotiated based on land value vs. total development cost.
• Agency Fee: 8% of land value (typically payable upon successful JV execution).

--- Procedure for Interested Developers / Investors Our client is seeking credible and experienced partners with the proven capacity to execute a premium high-rise project. To proceed, interested parties must submit: 1. Letter of Intent (LOI) -- expressing interest and acknowledging the minimum 10-floor requirement. 2. Development Proposals -- a preliminary concept note outlining your vision for the 10+ floor development. 3. Company Profile -- with verifiable evidence of high-rise projects completed in Victoria Island, Ikoyi, or similar prime locations. 4. Agency Letter -- a signed agreement committing to the 8% agency fee. Next Steps:

• DM for the full brief and JV terms.
• Due diligence and site inspection will follow for shortlisted developers.

Ligali Ayorinde, VI + 1,500 SQM Corner Piece + C of O & Governor's Consent + Minimum 10 Floors -- a premium JV opportunity for top-tier developers. Serious, capable developers only.