Prime Land Opportunity

Prime Joint Venture Opportunity -- Banana Island, Ikoyi, Lagos 7,900 SQM C of O & Supreme Court Judgement Land Value: ₦5M per SQM Premium: ₦1.5B Sharing: Negotiable Facilitator's Fee: 10% Property & JV Overview

• Location: Banana Island, Ikoyi, Lagos -- Africa's most exclusive residential enclave.
• Land Size: 7,900 SQM.
• Title: Certificate of Occupancy (C of O) & Supreme Court Judgement -- a very strong legal foundation.
• Land Value: ₦5,000,000 per SQM.
• Total Land Value: ₦39,500,000,000 (≈ ₦39.5 Billion).
• Premium: ₦1,500,000,000 (payable upon JV contract signing).
• Proposed Development: Open to Discussion.
• Sharing Ratio: Open to Discussion / Negotiable.
• Facilitator's Fee: 10% of land value (₦3.95 Billion).
• Status: Vacant land, ready for a landmark joint venture development. Landowner available for immediate closure with a serious developer.

Key Highlights

• Banana Island Prestige Address: The pinnacle of luxury living in Nigeria -- unmatched security, underground utilities, waterfront views, and global prestige.
• Massive Development Scale: 7,900 SQM is an exceptionally rare offering on Banana Island, allowing for a landmark high-rise, mixed-use, or luxury estate development.
• Strong Title Package: C of O combined with a Supreme Court Judgement provides an unusually robust legal position. Verification through the Lagos State Lands Bureau and legal counsel is essential.
• Flexible JV Terms: Both the proposed development and the sharing ratio are open for discussion -- allowing a developer to tailor the project to market demand and financial modelling.
• Premium Commitment: ₦1.5 Billion upfront at signing -- ensures a serious, well-capitalised developer.
• Immediate Closure Potential: Landowner is ready and available to close with a qualified partner.

Development Potential Given the scale, location, and open proposal, potential concepts include:

• Ultra-Luxury Residential Tower(s): High-rise apartments, penthouses, and duplexes with premium amenities.
• Mixed-Use Development: Residential, boutique hotel, high-end retail, and wellness facilities.
• Branded Residences: Partner with an international hotel brand for serviced apartments.
• Private Estate: A gated cluster of luxury villas or townhouses.
• Corporate Retreat / Private Club: For ultra-high-net-worth individuals or exclusive membership.

Target Market: Global ultra-high-net-worth individuals, corporate executives, expatriates, and international investors. Location Benefits -- Banana Island, Ikoyi

• Unmatched Prestige & Security: 24/7 estate security, controlled access, and a gated island environment.
• World-Class Infrastructure: Underground electricity, piped water, paved roads, central drainage, and estate management.
• Waterfront Lifestyle: Lagoon views, potential marina access, and serene surroundings.
• Proximity to Business Hubs: Minutes from Ikoyi, Victoria Island, and Eko Atlantic.
• High Demand, Low Supply: New development opportunities on Banana Island are exceptionally rare.

Financial Structure

• Land Contribution Value: ₦39.5 Billion.
• Premium (Upfront): ₦1.5 Billion -- payable to landowner upon JV contract signing.
• Developer's Role: Provide 100% of construction financing, project management, bank guarantee (likely required), and sales/letting.
• Profit Sharing: Open to negotiation -- typically based on land value vs. total development cost.
• Facilitator's Fee: 10% of land value (₦3.95 Billion), typically paid from the landowner's share upon JV execution.

Procedure for Engagement This opportunity is strictly for serious, qualified developers. To proceed, interested parties must submit: 1. Letter of Intent (LOI) -- expressing interest and confirming understanding of the JV structure. 2. Facilitation Fee Commitment Letter -- acknowledging and committing to the 10% facilitator fee. 3. Company Profile -- with verifiable evidence of luxury high-rise or large-scale residential projects completed in prime locations (Banana Island, Ikoyi, Victoria Island). Upon receipt and review of these documents, an inspection date will be fixed for a formal meeting with the landowner. Due Diligence:

• Survey and video are available on request.
• Title verification (C of O & Supreme Court Judgement) will be conducted through the Lagos State Lands Bureau and legal counsel.

Ideal Partner Profile:

• Top-tier real estate development firm with a proven track record in ultra-luxury high-rises.
• Strong financial capacity and access to construction finance (estimated project cost ₦50B -- ₦80B+).
• Experience with complex titles and large-scale JV partnerships.

Banana Island JV -- 7,900 SQM, C of O & Supreme Court Judgement, ₦5M/SQM, ₦1.5B premium, open sharing, 10% facilitator fee. Serious, capable developers only -- with proof of funds and luxury track record. Direct mandate -- submit loi, fee commitment letter, and company profile to proceed.