Joint Venture Land in Seagate Estate, Ikate Elegushi, Lekki, Lagos

Joint venture opportunity -- seagate estate, ikate elegushi, lekki 1,548 sqm fully fenced, gated & sand-filled ₦800k per sqm total land value: ₦1.2384 billion --- property overview - location: seagate estate, spar road, ikate elegushi, lekki, lagos - land size: 1,548 sqm - land value per sqm: ₦800,000 - total land value: ₦1.2384 billion - condition: fully fenced, gated, and sand-filled -- construction ready - proposed development: 2 blocks of residential flats - title: to be verified (likely governor's consent / estate title) - partnership model: joint venture (landowner + developer) --- joint venture structure - landowner's contribution: land valued at ₦1.2384 billion - developer's contribution: full construction financing, project management, and delivery - ownership & profit share: negotiable (typically based on land value vs. total project cost) - roles: landowner provides land; developer funds and builds; both share profits proportionally --- ️ development proposal - project: 2 modern residential apartment blocks - unit mix: can be designed as 2- and 3-bedroom flats - estimated units: 12--16 units total (6--8 per block) - target market: mid-to-high-income tenants and buyers in lekki - features: gated estate, 24/7 security, parking, quality finishes --- key highlights - prime ikate elegushi location -- rapidly developing, high-demand residential corridor - land ready for immediate development -- sand-filled, fenced, and gated reduces costs and timeline - clear development vision -- 2 blocks of flats optimizes land use and roi - strong rental & sales potential -- steady demand for quality flats in secure estates - joint venture efficiency -- shared risk and resources between landowner and developer --- location benefits - seagate estate security -- controlled access, perimeter fencing, and estate management - proximity to key areas -- close to elegushi beach, lekki phase 1, ajah, and victoria island - good road network -- accessible via spar road and lekki-epe expressway - vibrant community -- growing residential and commercial activity in ikate elegushi - lifestyle appeal -- near beaches, restaurants, schools, and shopping outlets --- investment potential - land value: ₦1.2384 billion - development cost: to be estimated based on construction specs - expected roi: strong, given rental yields and sales demand in the area - market advantage: ready-to-build land in a secured estate accelerates time-to-market - exit options: sell units, rent out, or refinance after completion --- ideal development partner - registered real estate developer with completed residential projects - strong financial capacity to fund construction - experience in joint venture partnerships - proven track record in delivering flats/apartments --- next steps for interested developers submit a formal proposal including: - company profile and portfolio - financial capability statement - proposed jv structure and profit-sharing model - preliminary project timeline and cost estimate - design concept for the 2 blocks of flats contact to arrange: - site inspection - title verification - meeting with landowner - detailed term sheet discussion a ready-to-build jv opportunity in a premium lekki estate --- bringing land, location, and vision together for mutual benef...

Developers delight: joint venture- ikate __seagate est by spar road land size __1,500m2 land value ___800k per square metre owner want __2block of luxury apartment sharing ratio: tbd consultant fee: 10% ekigibility: proof of funds and work done. #valerie seriois enquiries only please. thank y...

Just out. joint ventures development jv well fenced and gated, sand filled land for joint ventures development. location: seagate estate, spar road ikate elegushi, lekki, lagos. size 1,500 sqm proposal: 2 block of flats property value: ₦800ker sqm sharing formula: tbd facilitators fee: 8% of property value: net procedure: 1) inspection to site 2) company profile 3) proposal 4) facilitators fees letter please note: video of the land is available on request. (o...