Landmark Waterfront 7000sqm Of Jv Land On Offer

CLOSEABLE JOINT‑VENTURE --- WATERFRONT BANANA ISLAND, IKOYI (ULTRA‑PREMIUM OPPORTUNITY)
Headline
A truly landmark JV on Banana Island: 7,000 sqm of prime waterfront land with Federal Certificate of Occupancy --- an infrequent, development‑ready platform for a signature high‑rise that will define Lagos luxury living.

Key Facts
- Location: Banana Island, Ikoyi, Lagos --- premier waterfront address
- Land Size: 7,000 sqm (contiguous waterfront parcel)
- Title: Federal Certificate of Occupancy (C of O) --- clean, bankable and finance‑friendly
- Indicative Land Price for JV Purposes: ₦3,500,000 per sqm
- Implied Total Land Value: ₦24,500,000,000 (₦24.5 Billion)
- Premium: Nil --- no upfront premium requested
- Proposed Product: High‑rise (luxury residential / mixed‑use) --- flexible to developer concept
- Facilitator's Fee: 10% of total land value (net) --- payable as agreed and to be evidenced by facilitator's fee letter
- Sale Option: Land is also available for outright sale; minimum sellable parcel = 2,000 sqm

Why this asset is exceptional
- Iconic waterfront prestige: Banana Island is Lagos's most exclusive enclave --- immediate brand equity, strong buyer appetite and premium pricing power for luxury product.
- Scale & flexibility: 7,000 sqm on the foreshore allows for a landmark high‑rise with penthouses, branded residences, amenity decks, structured parking and private waterfront access.
- Bankable title: Federal C of O accelerates lender comfort, pre‑sale strategies and institutional partnerships.
- Zero premium: Owner's willingness to offer the land without premium materially improves project IRR and simplifies JV close.
- Strategic exit & revenue channels: for‑sale luxury units, serviced residences, branded residences or mixed revenue streams (sales + long‑let) all feasible.

Suggested high‑value concepts

- Luxury high‑rise tower(s) with duplex penthouses and private marina access
- Branded residences with full concierge and lifestyle amenities
- Mixed‑use podium: high‑end retail, F&B, leisure club and private event spaces
- A signature development positioning for HNWIs, corporates, diplomats and expatriates

Commercial & JV mechanics (headline)
- Land valuation basis: ₦3.5M/sqm used for JV equity calculations --- total implied land value ₦24.5B.
- Sharing / structure: Flexible --- typical models include land‑for‑equity, revenue share, or fixed return + profit split. Preferred structures will be negotiated with credible developers.
- Facilitator fee: 10% of total land value (net) --- payable under agreed milestone schedule; facilitator agreement required.
- Premium: Nil --- simplifies financial close and accelerates mobilisation.

Qualification & required documentation (strict)
To progress quickly, only reputable developers and institutional partners with proven track records will be considered. Required submission package:

1. Letter of Intent (LOI) expressing JV interest and headline commercial model.
2. Company profile (track record, key personnel) and project CVs.
3. Detailed project proposal (concept, unit mix, estimated GDV, proposed sharing/financial model).
4. Proof of funds / financing evidence for the project cost and facilitator's fee (bank letter or financier commitment).
5. Facilitator's Fee Letter confirming readiness to pay the agreed 10% (timing and mechanics to be documented).

Process & next steps
- Submit LOI + documentation to receive NDA and data‑room access (C of O, survey, site information).
- Qualified parties invited for confidential site inspection and technical briefing.
- Developers to submit formal JV proposals; shortlisted partners proceed to Heads of Terms and formal JV Agreement.
- Outright purchase option: Parties interested in buying a minimum of 2,000 sqm should state in LOI; price and terms to be agreed.

Confidentiality & exclusivity
This is a rare, closeable asset in one of Africa's top residential enclaves. Qualified enquiries only --- all respondents will sign an NDA and be pre‑qualified before receiving full documentation.

Act decisively
For access to the data room, LOI template, or to schedule a private meeting and site inspection, submit your LOI, company profile and proof of funding. Serious developers and institutional partners only --- this is the kind of opportunity that builds legacy.
Seize Banana Island's waterfront legacy --- deliver the high‑end project Lagos is waiting for.
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