Exquisite Prime Land For Jv On Offer

JOINT VENTURE ---
PRIME LAND AT GRACEFIELD ISLAND,
CHEVRON, LAGOS
Location: Gracefield Estate (Gravitas),
End of Chevron Drive --- beside Northern Foreshore Estate, Lagos
Plot Size: 2,833 sqm
Title: Lagos State C of O (Lag C of O)
Indicative Land Value: ₦550,000 per sqm (Indicative total: ₦1,558,150,000)
Proposal: Open proposal --- Joint Venture (JV) opportunity
Premium: NilFacilitator Fee: 10%

Overview
Exceptional JV opportunity on Gracefield Island --- a strategically located waterfront development node in the Chevron corridor. The 2,833 sqm C of O parcel sits within Gracefield Estate (Gravitas) offering strong development potential for luxury residential, waterfront villas, boutique apartments or mixed‑use projects. The owner seeks a development partner under a flexible JV structure with no premium; sharing formula to be agreed.

Key Selling Points

- Premium waterfront/island location in Chevron --- high demand for quality residential and mixed‑use product.
- Clean Lagos C of O title --- transaction and JV structuring straightforward subject to due diligence.
- Attractive plot size (2,833 sqm) enabling high‑value low‑density development or segmented schemes.
- No premium required --- owner willing to enter JV without additional premium charge.
- Facilitator fee: 10% (to be confirmed in writing).

Potential Uses

- Luxury villas or detached waterside homes
- Low‑rise boutique apartment development (2--4 bedroom units, penthouses)
- Mixed residential with amenity spaces (pool, private marina/jetty subject to approvals)
- Landbank for strategic long‑term investment or phased development

Commercial Notes

- Indicative land valuation: ₦550,000 per sqm (owner's benchmark). Total indicative valuation: ₦1,558,150,000.
- Sharing formula: To be proposed by interested developer(s) --- owner open to equity-for-land, build‑to‑sell, build‑to‑rent or hybrid JV structures.
- Premium: Nil (owner will not require a premium on the JV).
- Facilitator/agent fee: 10% (agreement to be provided in writing).

Required Partner Profile & Documents

- Established developer or private equity partner with Lagos waterfront/mid‑high end residential experience.
- Submission requirements: Letter of Interest (LOI), company profile, evidence of three (3) similar projects or relevant track record, proof of financing capacity or funding commitments, proposed JV term sheet (equity split, capex plan, timelines).

Due Diligence & Next Steps

1. Submit LOI and required documents.
2. Sign NDA (if requested) to receive full information pack: C of O copy, survey/site plan, estate regulations and service details.
3. Arrange site inspection and meeting with owner/representative.
4. Submit detailed JV proposal (sharing formula, financing plan, construction timeline).
5. Negotiate and execute JV term sheet and legal agreements; proceed with statutory approvals and development.

Confidentiality
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA. Serious proposals only.
*How we work*
Tell us your needs (budget, location, size).
Our team reviews your request and assigns a dedicated relationship manager.
We only source conflict-free land and properties with clear titles.
We conduct due diligence and arrange site visits.
Viewings are by appointments only
Finalize purchase, rental or lease with legal support.
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