Jv-development Opportunity Land Measuring 2833sqm In Gated Estate

Land for Joint Venture ---
2,833 sqm ---
Gracefield Island (End of Chevron Drive), Chevron, Lagos
Lag C of O

Headline
Prime 2,833 sqm JV Land Parcel on Gracefield Island ---
Lagos C of O ---
₦550,000/sqm (Total: ₦1,558,150,000) ---
Open Proposal / Sharing Formula TBD

Key facts

- Location: Gracefield Estate, Gravitas --- End of Chevron Drive / Beside Northern Foreshore Estate, Chevron, Lagos
- Size: 2,833 sqm
- Title: Lagos Certificate of Occupancy (Lag C of O) --- clear title (available for verification)
- Price: ₦550,000 per sqm (Total asking price: ₦1,558,150,000)
- Transaction type: Joint Venture (Open Proposal --- sharing formula to be agreed)
- Premium: Nil
- Facilitator fee: 10% (as stated)
- Viewings: By appointment only
- Status: Ready for JV / development proposals

Marketing description (ready to paste)
Discover a strategic joint-venture opportunity on Gracefield Island --- an in-demand development node off Chevron Drive, Lagos. This rectangular 2,833 sqm parcel sits within Gracefield Estate (Gravitas), adjacent to Northern Foreshore Estate and at the end of Chevron Drive --- providing exceptional access to Lekki corridor growth and island waterfront environs. Offered on a JV basis with an open proposal and no premium, the land is titled with a Lagos C of O and available for immediate due diligence and site inspection by appointment.

Ideal for residential apartments, gated estate development, mixed-use or premium housing projects with potential for high capital appreciation given the location's rapid development and proximity to major arterial routes.

Investment highlights

- Prime island location within a major growth corridor --- strong long-term capital appreciation potential.
- Clean, verifiable Lagos C of O (title clarity accelerates transaction/due diligence).
- No premium requested --- JV-friendly terms to attract development partners.
- Flexible commercial structure --- open proposal and sharing formula to be negotiated with shortlisted partners.
- Facilitator engaged (10%) to ensure smooth introductions and transaction management.
- Viewings and due diligence coordinated by a dedicated relationship manager.

Suggested JV terms (sample starting points)

- Sharing formula: Open to proposals --- common structures include 60:40 (developer:owner), 70:30, or land-as-equity with profit-share --- to be negotiated.
- Development responsibilities, capex contribution, and exit mechanics to be defined in JV agreement.
- Facilitator fee: 10% (to be documented in engagement agreement).Note: Final legal and tax structuring to be prepared by parties' solicitors.

Documents & due diligence

- Lagos C of O (available for verification)
- Site plan / boundaries (available upon request)
- Environmental and planning information --- to be facilitated on request
- Site visits arranged by appointment; full due diligence support available through our legal team

How we work / Process (concise)

1. Tell us your requirements (budget, preferred structure, development goals).
2. We assign a dedicated relationship manager.
3. We provide verified title documents and coordinate due diligence.
4. Site visits by appointment only.
5. Negotiate JV terms, sign heads of terms, and complete legal documentation with support.