Mixed-use land joint venture
Sandfilled 3, 500 SQM JV Directly on Monastery Road
Fantastic joint venture directly on monastery road fully sandfilled, fenced and gated 3,500 SQM value: Outright ₦1.75B JV ₦2.1B 10% facilitator's fee developers delight governor's consent Outright Purchase Location: Off Monastery Road, Sangotedo, Lagos Land Size: 3,500 SQM Title: Governor's Consent Price: ₦500k/SQM Total Land Value: ₦1.75 Billion Alternatively -- Joint Venture Partnership Land Size: 3,500 SQM Premium: ₦150M ️ Typology: Terrace Duplex Only Sharing Formula: 60/40 in favor of landowner Land Value: ₦600k/SQM Total Land Value: ₦2.1 Billion Facilitator's Fee: 10% = ₦210 Million