Mixed-use land joint venture
On Admiralty Way Opposite Access Bank, Lekki Phase 1, Lekki, Lagos
Property for jv and sale on admiralty way, lekki phase 1*
*property details:*
- *location:* admiralty way, lekki phase 1, opposite access bank
- *total size:* 4,000sqm
- *2,000sqm for jv*
*jv terms:*
- *ratio:* 50/50
- *facilitator fee:* 10%
jv terms:
joint venture (jv) terms:
in consideration of the proposed jv, please note the following:
1. the owner is obligated to refund ₦1 billion to a previous buyer who had deposited the amount.
2. the outstanding balance of ₦1 billion must be paid in full.
3. _pre-development condition_: prior to commencing any development work on the land/site, the aforementioned refund must be settled.
4. _deduction_: ₦1 billion will be deducted from the owner's share of 50/50.
5. _facilitator fee_: a 10% facilitator fee must be indicated in the letter of intent (lo...
More details
₦3,700,000,000
Blaise & Baylon Realty.
+2348169609344