Joint Venture Land in Estates, Lagos

*joint venture/ sales - jakande estate by mayegun* size: 9,500 sqms location jakande estate. title: registered survey/ cofo proposal: open value: ₦6.6 billion premium: 10% of value facilitators fee: 10% emeka oka...

Just out jv! jv!! jv!!! a table vacant land in a lovely and fantastic serene premium estate before lbs,ajah lagos available for joint venture. proposal: 28nos of 2bedroom flats. sharing formula: 13nos of carcass to the land owner (without the interiors fi ishing) / 15nos to the land size: 1542sqm premium: no land value: #431m facilitators fee : 10% (agpej) for enquiries: note: * no long chain please. * am dealing with mandate * more pictures available. only vi...

*jv opportunity in ikota* "directly across mega chicken" key details: - land size: 1280.393 sqm - land value: 600m - proposal: terraces - facilitators' fees: 10% corner piece inside a new est...

Dryland measuring 931sqm for jv off platinum way by nicon town estate jakanda. proposal 20 units of 2-bedroom apartment with bq on 5floors 4units each on each floor with recreational facilities and waiting rooms and elevator. sharing formula 55/45. 55 for the developer and 45 for the landowner. premium yes refundable. facilitator's fees 10% land value 1billion naira title cofo/ governor's consent in process idris ik...

Joint venture opportunity prime ibeju-lekki . 10 hectares of strategically located, well-drained land available for jv development. an exceptional opportunity is now open for institutional developers, real estate investors, and high-net-worth individuals seeking a scalable residential development project in one of lagos' fastest-appreciating corridors. location: aiyegbami town, ibeju-lekki just after pan-atlantic university & eleganza factory. land size:10 hectares (well-drained & development-ready. proposed development: minimum of 150 residential units mix of 2-bedroom & 3-bedroom apartments planned estate development (layout available). title: certificate of occupancy (c of o). land value:₦4,500,000,000 four billion,five hundred million naira. jv requirement: the landowner is seeking a credible, experienced developer or investment consortium for a joint venture partnership to execute the proposed estate development. this location benefits from: proximity to key institutions and industries. rapid infrastructure growth strong demand for mid-to-upper residential housing. long-term capital appreciation and exit potential site inspection video available on request. serious investors and developers are invited to send a direct message or express interest for further details and documentation. discretion assured. engagements strictly with qualified parties. enquires and viewing arrangements n e w s realty limited [email protected] www.newsrealty.com.ng +234 8137143886, +234 8023531926 +234 8038111032. +234 9098260...

Fence land with a detached house in secured and serene neighborhood for joint venture development. location: unity homes, thomas estate, ajah - lekki. land size: 683.9 square meters. title: sales agreement, survey plan and global title. *the owner wants blocks of flat...

*exclusive jv deal g-estate, lekki phase 1 (right)* *build 6 units on 1,986 sqm of prime land* secure a 50/50 joint venture on one of lekki phase 1's most strategic parcels. this 1,986 sqm plot in g-estate is prime for 6 units of high-end semi-detached or terrace homes, with strong rental and resale demand. *why this land:* - *size:* 1,986 sqm with clean rectangular layout for efficient building - *location:* g-estate, lekki phase 1 right - fully developed, high-end residential zone - *title:* c of o for smooth, secure development - *land value:* ₦2.5 billion at current market rate *jv structure:* - *sharing:* straight 50/50 split between landowner and developer - *project plan:* 6 units of semi-detached or terrace homes - *facilitator's fee:* 10% payable at deal closure this is a rare chance to develop in lekki phase 1 without upfront land cost. fast-moving location, serious buyers on...

*jv alert: ikonyi goldmine park view estate 4,829 sqm c of o in hand !!!* *this is not your regular ikoyi land*. *location:* park view estate, ikoyi -- one of lagos' most exclusive addresses *size:* 4,829.953 sqm with existing structure *title:* clean c of o *land value*: ₦10billion *entry premium*: ₦500m only *deal:* open proposal. sharing formula negotiable *why it moves fast:* - prime location = instant value appreciation - big land size = flexibility for luxury apartments, villas, or mixed-use - owner is ready to partner with the right developer *developer brings:* solid track record + killer proposal + funding capacity *owner brings:* the land + clean title *if you're not ready to move, don't waste your time. serious developers only.* *lock this down now*: whatsapp: 08037278894, 08022404...

Exclusive jv opportunity -- banana island, ikoyi *prime land for luxury high-rise development* *location:* banana island estate, ikoyi -- nigeria's most prestigious address *land size:* 1,500.23 sqm *land value:* ₦5m per sqm *total land value:* ₦7.501 billion *premium:* subject to discussion *proposed development:* - *floors 1--2:* car park - *floors 3--5:* block of luxury apartments - *floors 6--7:* 4 units of 4-bedroom maisonettes - *floor 8:* 2 units of exclusive penthouses - open to additional design options *jv structure:* - *sharing formula:* 50/50 - *facilitator's fee:* 10% net *why this deal stands out:* - rare jv slot in elite banana island estate - perfect for luxury residential development with global buyer appeal - high demand for premium ikoyi apartments = strong roi *engagement terms:* strictly for *direct developers or valid mandates of developers only*. proof of capacity required. no brokers, no middlemen. serious engage...

Joint venture: dry & firm land measuring 2,030 square meters for joint venture (jv) at abraham adesanya estate area, ajah, lagos. features: - located within an already established estate with fully interlocked dualized road - regular, dry and firm land - the subject land is directly facing the tarred road - fast developing estate - excellent real estate investment - suitable for residential and commercial developments - estate is located around eastline shopping complex - the location is about 5 minutes drive after ajah roundabout - popular monuments/ estate in the area are: lagos business school, abraham adesanya estate, ikota villa estate, chevron headquarters, etc. all these are less than 5 minutes drive from the location of the land. title: global certificate of occupancy (c of o) land value: n500m proposal: 30 units of 2/3 bedroom flats for further enquiries/ arrangement for inspection, please contact: chris: +2348177766115 (call/ whatsapp) gabriel: +2348177766550 (call/ whatsapp) tola: +2348177766008 (call/ whatsapp) bluehedge realtors - estate agency and property marketing - real estate development and advisory tel: +234-8023224585, 08032065685 (call/ whatsapp), 08177766110-9 (call/ whatsapp) email: [email protected] website: www.bluehedgerealtors....

Joint venture: dry & firm land measuring 1,240.827 square meters for joint venture (jv) at abraham adesanya estate area, ajah, lagos. features: - located within an already established estate with fully interlocked dualized road - regular, dry and firm land - the subject land is directly facing the tarred road - fast developing estate - excellent real estate investment - suitable for residential and commercial developments - estate is located around eastline shopping complex - the location is about 5 minutes drive after ajah roundabout - popular monuments/ estate in the area are: lagos business school, abraham adesanya estate, ikota villa estate, chevron headquarters, etc. all these are less than 5 minutes drive from the location of the land. title: global certificate of occupancy (c of o) land value: n250m proposal: 20 units of 2/3 bedroom flats for further enquiries/ arrangement for inspection, please contact: chris: +2348177766115 (call/ whatsapp) gabriel: +2348177766550 (call/ whatsapp) tola: +2348177766008 (call/ whatsapp) bluehedge realtors - estate agency and property marketing - real estate development and advisory tel: +234-8023224585, 08032065685 (call/ whatsapp), 08177766110-9 (call/ whatsapp) email: [email protected] website: www.bluehedgerealtors....

*joint_venture* 1200 sqm of land inside maiyegun beach estate jakonde lekki 8 minutes drive to eko atlantic city ️ value : n1.5b title : governor consent premium: nil sharing. : 50/50 facilitators fee : 10% project type : apartment( maisonette or flat) awd...

Joint venture development opportunity -- adeleke adedoyin, off kofo abayomi road, ikoyi, lagos 2,600 sqm land certificate title land value: ₦2.5m per sqm (≈₦6.5 billion total) premium: ₦300m (slightly negotiable) facilitator's fee: 10% --- property & jv overview - location: adeleke adedoyin, off kofo abayomi road, ikoyi, lagos. a prime residential/commercial street in the heart of ikoyi, close to major business hubs. - land size: 2,600 sqm. - title: land certificate -- a recognized title requiring verification and potential upgrade to governor's consent for full bankability. - land value: ₦2,500,000 per sqm. - total land value: ₦6,500,000,000 (≈ ₦6.5 billion). - premium: ₦300,000,000 (slightly negotiable), payable upon jv contract signing. - proposed development: luxury flats with a total of 38 units across 2 blocks: - owner's block (17 units): 8 units of 2‑bedrooms, 8 units of 3‑bedrooms, 1 penthouse. - developer's block (21 units): developer's preference (flexible unit mix). - jv sharing formula: to be negotiated (likely based on land contribution vs. development cost). - facilitator's fee: 10% of land value (≈ ₦650 million), payable upon jv agreement. - owner's special request: one of the owners requires 2 units of the 2‑bedroom flats to be converted into a maisonette on the 1st & 2nd floors for his personal use. --- key highlights - prime ikoyi address: adeleke adedoyin, off kofo abayomi, is a prestigious, low‑density residential area in the heart of ikoyi -- close to victoria island, falomo, and major commercial districts. - large development scale: 2,600 sqm allows for a substantial luxury apartment complex with significant unit count (38 total) -- maximizing returns. - clear unit allocation: the owner has a defined allocation (17 units), while the developer has full flexibility on the remaining 21 units -- a balanced partnership structure. - premium payment: ₦300m upfront at contract signing -- filters for serious, well‑capitalized developers. - high demand location: ikoyi luxury apartments consistently attract high‑net‑worth individuals, expatriates, and corporate tenants -- ensuring strong sales and rental potential. --- ️ proposed development -- 38 luxury units block units breakdown owner's block 17 8 x 2‑bed, 8 x 3‑bed, 1 penthouse developer's block 21 developer's preference (flexible mix) special request -- 2 units of 2‑bed converted to maisonette (1st & 2nd floor) for owner total: 38 luxury units (apartments + maisonette + penthouse). key features: high‑spec finishes, parking, gym, pool, backup power, water treatment, and 24/7 security. --- location benefits -- adeleke adedoyin, ikoyi - prestige address: off kofo abayomi -- one of ikoyi's most desirable streets, surrounded by luxury homes, embassies, and corporate offices. - excellent connectivity: minutes from victoria island, falomo bridge, and lagos island. - secure environment: low crime, well‑lit roads, and a mature, established neighbourhood. - high demand: properties in this area consistently achieve premium rents and capital appreciation. --- financial structure - land contribution value: ₦6.5 billion. - premium (upfront): ₦300 million (slightly negotiable) -- payable to landowner upon jv contract signing. - developer's role: provide 100% of construction financing, bank guarantee, project management, and sales/letting. - profit sharing: to be negotiated -- typically based on the ratio of land value to total development cost. - facilitator's fee: 10% of land value (≈ ₦650 million), typically paid from the landowner's share upon jv execution. --- ️ critical note -- land certificate title - a land certificate is a recognised title but is weaker than a c of o or governor's consent. - implication: the buyer/developer will need to conduct thorough due diligence to: - confirm authenticity at the lagos state lands bureau. - understand the lease terms and remaining tenure. - plan for potential upgrade to governor's consent (cost and timeline). - this should be factored into the jv negotiation and financial modelling. --- next steps for interested developers interested developers must submit: 1. letter of intent (loi) -- confirming interest and acceptance of the premium and proposed unit allocation. 2. company profile -- with verifiable evidence of luxury apartment projects completed in ikoyi, victoria island, or banana island. 3. proof of funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10b--₦18b+). 4. bank guarantee -- ability to provide a performance guarantee as required. 5. preliminary concept note -- initial design and timeline aligned with the proposed 38‑unit luxury development, including the maisonette conversion. due diligence: - upon signing an nda and facilitator fee agreement, the facilitator will provide the land certificate, survey, and arrange a site inspection. ideal partner profile: - a reputable real estate development firm with a proven track record in luxury multi‑unit residential projects in prime lagos locations. - strong financial capacity and ability to fund construction without sole reliance on off‑plan sales. --- adeleke adedoyin, ikoyi -- 2,600 sqm, 38 luxury units, ₦300m premium, 10% facilitator fee. serious developers with capacity and track record on...

Exclusive joint venture opportunity -- prime land on banana island, ikoyi, lagos 1,500.23 sqm land value: ₦5m per sqm proposed: luxury high-rise development 50:50 sharing facilitator's fee: 10% --- property & jv overview - location: banana island estate, ikoyi, lagos -- africa's most exclusive residential enclave. - land size: 1,500.23 sqm. - title: to be verified (c of o / governor's consent expected for banana island). - land value: ₦5,000,000 per sqm. - total land value: banana island estate, ikoyi, lagos (≈ ₦7.5 billion). - premium: to be discussed (payable upon jv contract signing). - proposed development: luxury high-rise with the following configuration: - 1st & 2nd floors: car park. - 3rd, 4th & 5th floors: block of luxury apartments. - 6th & 7th floors: 4 units of 4‑bedroom maisonettes. - 8th floor: 2 units of penthouse. - jv sharing formula: 50:50 (landowner : developer). - facilitator's fee: 10% of land value (≈ ₦750 million), payable upon jv agreement. --- key highlights - banana island address -- ultimate prestige: the most sought‑after residential address in nigeria -- home to billionaires, diplomats, and top executives. unparalleled security, underground utilities, and waterfront living. - prime land value: at ₦5m per sqm, this reflects the scarcity and premium of titled land on banana island -- a sound investment with strong appreciation potential. - clear development proposal: a defined 8‑floor luxury scheme with parking, apartments, maisonettes, and penthouses -- providing a ready‑made vision for developers. - 50:50 equal partnership: transparent and balanced sharing structure aligns the interests of landowner and developer. - global market appeal: properties on banana island attract international buyers and investors -- ensuring strong sales and rental demand. --- ️ proposed development -- 8 floors of luxury living floor(s) use details 1st & 2nd car park multi‑level parking for residents and guests. 3rd, 4th & 5th luxury apartments block of high‑spec flats (unit mix to be finalised). 6th & 7th maisonettes 4 units of 4‑bedroom duplex apartments. 8th penthouses 2 units of ultra‑luxury penthouses with private terraces. additional options: the developer may propose alternative configurations (e.g., more floors, mixed‑use, branded residences) -- subject to landowner approval and planning consent. target market: ultra‑high‑net‑worth individuals, corporate executives, expatriates, and luxury investors. --- location benefits -- banana island, ikoyi - unmatched prestige & security: 24/7 estate security, underground utilities, paved roads, and waterfront views. - proximity to business hubs: minutes from ikoyi, victoria island, and eko atlantic. - high demand, low supply: new developments on banana island are exceptionally rare -- ensuring strong pre‑sales and rental interest. - world‑class infrastructure: reliable power, water, drainage, and estate management. --- financial structure - land contribution value: ₦7.5 billion. - premium: to be discussed (payable upon jv contract signing). - developer's role: provide 100% of construction financing, bank guarantee, project management, and sales/letting. - profit sharing: 50% landowner / 50% developer -- after recovery of agreed development costs. - facilitator's fee: 10% of land value (≈ ₦750 million), typically paid from the landowner's share upon jv execution. --- transaction requirements for interested developers this opportunity is strictly for capable, credible, and competent developers. proof of capacity is required. interested developers must submit: 1. letter of intent (loi) -- confirming interest and acceptance of the 50:50 sharing structure. 2. company profile -- with verifiable evidence of luxury high‑rise projects (8+ floors) completed on banana island, ikoyi, or victoria island. 3. proof of funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦10b--₦20b+). 4. bank guarantee -- ability to provide a performance guarantee as required. 5. preliminary concept note -- initial design and timeline aligned with the proposed 8‑floor development or alternative vision. due diligence: - upon signing an nda and facilitator fee agreement, the facilitator will provide title documents, survey, and arrange a site inspection. ideal partner profile: - a top‑tier real estate development firm with a proven track record in ultra‑luxury high‑rises on banana island or ikoyi. - strong financial capacity and access to construction finance. - experience with high‑end residential developments targeting the global luxury market. --- banana island jv -- 50:50, 1,500 sqm, ₦5m/sqm, luxury high‑rise. a landmark opportunity for developers with proven capacity and vision. strictly for serious, qualified developers -- direct engagement on...

Joint venture opportunity_ prime development land -- didelolu estate, victoria island, lagos_* _*project overview*_ a rare opportunity to partner on a high-value development in the heart of victoria island. this 4,950 sqm landholding within the secure didelolu estate is positioned for a premium luxury apartment project targeting high-net-worth buyers and expatriates. _*key details*_ - _*land size*:_ 4,950 sqm - _*land value*:_ ₦2,000,000 per sqm - _*total land value*:_ ₦9,900,000,000 - _*title:* verifiable lagos state title - _*location advantage:* didelolu estate, victoria island -- central to business, diplomatic missions, 5-star hotels, and waterfront amenities. - _*development proposal*:_ luxury apartments -- design to be agreed with jv partner. _*jv structure*_ - _*sharing formula*:_ to be determined, based on developer's proposal and equity contribution. - _*premium*:_ ₦100,000,000 payable to landowner. - _*agency fee:* 10% _*engagement procedure*_ 1. submissio...

*land for jv* size: 1006sqm land value: n900m location: lekki foreshore estate (lekki phase one) sharing formula: 55:45 facilitators fee: 10% title: c of o proposal: block of fl...

Cwl1490 land measuring 1600sqm in ikoyi a rare joint venture opportunity is available on the prestigious bourdillon road, ikoyi---one of lagos' most exclusive luxury residential corridors. sitting on 1,600sqm of prime land, this project is ideal for developers with a proven track record in delivering high-end developments within ikoyi or victoria island. the proposed development is suitable for luxury apartments, maisonettes, and penthouses, catering to the growing demand for premium residences in ikoyi. this partnership structure offers an attractive profit-sharing arrangement and the opportunity to develop a landmark residential project in a highly sought-after location. development details location: bourdillon road, ikoyi, lagos land size: 1,600sqm title: lagos state title land value: ₦4,500,000 per sqm estimated land value: ₦7.2 billion proposed development luxury apartments maisonettes penthouses high-end residential development joint venture terms developer must have a proven development track record in ikoyi or victoria island premium payment: ₦550,000,000 profit sharing ratio: 45:55 (in favour of the developer) landowner contribution: land developer contribution: development and project execution ideal development partner this opportunity is best suited for experienced real estate developers, development firms, investment consortiums, and institutional investors with a strong portfolio of luxury residential projects in lagos. broker's fee 10% location bourdillon road, ikoyi, lagos property type joint venture development opportunity land size 1,600sqm for more information, pricing and private viewing please contact: emmanuel: 09088072106 lilian: 09062511340 email: [email protected] website: www.cwlagos.com we are social! check out other fantastic premium listings on our social media platforms ig: @cwrelagos twitter: @cwrelagos facebook: @cwrealest...

Joint venture opportunity -- ademola street south west, off awolowo road, ikoyi, lagos 1,323 sqm governor's consent title land value: ₦2.5m per sqm proposed: 10 floors (blocks of flats) sharing: 55/45 premium: ₦200m facilitator's fee: 10% (net) --- property & jv overview - location: ademola street south west, off awolowo road, ikoyi, lagos. a prime, quiet residential street in one of ikoyi's most prestigious neighbourhoods. - land size: 1,323 sqm. - title: governor's consent -- strong, state‑granted title ensuring legal security and bankability. - land value: ₦2,500,000 per sqm. - total land value: ₦3,307,500,000 (≈ ₦3.31 billion). - proposed development: 10 floors of residential flats (blocks of flats). - jv sharing formula: 55% landowner / 45% developer. - premium: ₦200,000,000 (payable immediately upon jv contract signing). - facilitator's fee: 10% (net) of land value (≈ ₦330.75 million), payable upon jv agreement. --- key highlights - prime ikoyi address: ademola street, off awolowo road, is a highly sought‑after residential enclave -- quiet, secure, and minutes from falomo, vi, and major business hubs. - strong governor's consent title: provides confidence for financing, partnerships, and future resale. - 10‑floor development potential: optimises land value in a low‑density area where high‑rise approvals are valuable. - clear 55/45 sharing ratio: favours the landowner, reflecting the prime location and existing approvals. - upfront premium: ₦200m payable at signing -- filters for serious, well‑capitalised developers. - net facilitator fee: 10% net implies no deduction for taxes or other costs -- the landowner bears the fee. --- ️ development potential - a 10‑storey residential block of flats -- likely comprising 2‑ and 3‑bedroom luxury apartments. - estimated unit count: 20--30 flats (depending on design, floor plates, and setbacks). - typical amenities: ground floor lobby, parking, gym, swimming pool, backup power, water treatment, and 24/7 security. - target market: professionals, expatriates, and families seeking upscale rental or ownership in ikoyi. --- location benefits -- ademola street, ikoyi - off awolowo road: one of ikoyi's main arteries, providing excellent connectivity. - proximity to key areas: close to ikoyi club, parkview estate, victoria island, and lagos island. - secure environment: low crime, well‑lit roads, and a prestigious community. - high demand: developments in this area consistently achieve premium rents and capital appreciation. --- financial structure - land contribution value: ₦3.3075 billion. - premium (upfront): ₦200 million -- payable to landowner immediately upon jv contract signing. - developer's role: provide 100% of construction financing, bank guarantee (likely), project management, and sales/letting. - profit sharing: 55% landowner / 45% developer -- after recovery of agreed development costs. - facilitator's fee: 10% net of land value (≈ ₦330.75 million), typically paid from the landowner's share upon jv execution. --- next steps for qualified developers interested developers must submit: 1. letter of intent (loi) -- confirming acceptance of the 55/45 sharing ratio and premium payment. 2. company profile -- with verifiable evidence of luxury high‑rise (10+ floors) projects in ikoyi, vi, or banana island. 3. proof of funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦8b--₦15b+). 4. bank guarantee -- ability to provide a performance guarantee as required. 5. preliminary concept note -- initial design and timeline aligned with a 10‑floor block of flats. due diligence: - upon signing an nda and facilitator fee agreement, the facilitator will provide the governor's consent document, survey, and arrange a site inspection. ideal partner profile: - a reputable real estate development firm with a proven track record in multi‑storey residential projects in prime lagos locations. - strong financial capacity and ability to fund construction without sole reliance on off‑plan sales. ademola street, ikoyi -- 55/45 jv, 10 floors, governor's consent, ₦200m premium. serious developers only with proof of funds and luxury track reco...

Joint venture opportunity -- banana island, ikoyi, lagos 2,000 sqm lagos state c of o mixed zone land value: ₦4m per sqm proposed: high-rise premium: ₦300m sharing: open facilitator's fee: 10% --- property & jv overview - location: banana island, ikoyi, lagos (mixed zone -- allows for residential and select commercial uses). - land size: 2,000 sqm. - title: lagos state certificate of occupancy (c of o) -- the strongest state‑issued title for this exclusive island. - land value: ₦4,000,000 per sqm. - total land value: ₦8,000,000,000. - premium: ₦300,000,000 (payable upon jv contract signing). - proposed development: high‑rise (specific height/storeys to be determined based on planning approvals). - jv sharing formula: open for discussion (landowner : developer ratio to be negotiated). - facilitator's fee: 10% of land value (₦800 million), payable upon jv agreement. --- key highlights - africa's most exclusive address: banana island is the pinnacle of luxury living in nigeria -- unparalleled security, underground utilities, waterfront views, and prestige. - mixed zone flexibility: permits high‑rise residential and certain commercial uses (e.g., boutique hotel, corporate guest house, medical suites) -- maximizing development options. - strong lagos state c of o: full government‑issued title -- bankable, transferable, and legally secure. - high‑rise potential: the site's location and zoning support a landmark tower, subject to necessary approvals. - upfront premium: ₦300m payable at contract signing -- ensures a serious, well‑capitalized development partner. - open sharing ratio: allows for tailored negotiation based on developer's proposed investment, construction cost, and risk allocation. --- ️ development potential given banana island's mixed zone and high‑value context, potential concepts include: - ultra‑luxury residential tower -- penthouses, full‑floor apartments, and duplexes. - boutique hotel or branded residences -- partnering with an international hospitality brand. - mixed‑use high‑rise -- ground floor retail/gallery, upper floors residential, rooftop amenities. - corporate headquarters for a multinational or institutional investor. - medical wellness centre with luxury apartments above. design notes: high‑rise construction on banana island requires adherence to estate covenants, setback rules, and height restrictions -- the mixed zone may permit taller structures than pure residential zones. --- location benefits -- banana island, ikoyi - unmatched prestige: home to billionaires, diplomats, and top executives -- addresses command ultimate respect. - world‑class infrastructure: 24/7 security, underground electricity, piped water, paved roads, central drainage. - waterfront environment: man‑made island with lagoon views and potential for marina access. - 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: ₦8 billion. - premium (upfront): ₦300 million -- payable to landowner immediately upon signing the jv contract. - developer's role: provide 100% of construction financing, bank guarantee (likely), project management, and sales/letting. - sharing formula: open -- to be negotiated based on total project cost, developer's risk, and expected returns. typical models include: - 60:40, 55:45, or 50:50 in favor of landowner. - tiered sharing based on sales milestones. - facilitator's fee: 10% of land value (₦800 million), typically paid from landowner's share upon jv execution. --- next steps for qualified developers interested developers should submit: 1. letter of intent (loi) -- expressing interest and confirming ability to meet premium payment. 2. company profile -- with verifiable evidence of luxury high‑rise projects (10+ floors) in prime lagos locations (banana island, ikoyi, victoria island). 3. proof of funds -- bank statements or financing letters showing capacity for a project of this scale (construction cost estimated ₦20b--₦40b+). 4. bank guarantee -- ability to provide a performance guarantee as required. 5. preliminary concept note -- initial vision for the high‑rise (height, unit mix, amenities, timeline) and proposed sharing ratio. due diligence: - upon signing an nda and agreeing to terms, the facilitator will provide c of o, survey, and estate approvals. - site inspection can be arranged for serious principals. ideal partner profile: - top‑tier real estate developer with a proven record in ultra‑luxury high‑rises on banana island or ikoyi. - strong financial capacity and access to construction finance. - experience with mixed‑zone developments is a plus. banana island land for jv. open sharing. high‑rise potential. serious global‑calibre developers only -- with proof of funds and luxury track reco...

Joint venture opportunity -- lekki foreshore estate, lekki phase 1, lagos 2,000 sqm c of o title land value: ₦1.8 billion premium: ₦80 million proposed: block of flats 50:50 sharing --- property & jv overview - location: lekki foreshore estate, lekki phase 1, lagos. - land size: 2,000 sqm. - title: certificate of occupancy (c of o). - land value: ₦1,800,000,000 (≈ ₦900,000 per sqm). - premium fee: ₦80,000,000 (payable immediately upon jv contract signing). - proposed development: block of flats (multi-storey residential). - jv sharing formula: 50:50 (landowner : developer). - construction period: 2 years. --- key highlights - prime lekki foreshore address: located within one of lekki phase 1's most prestigious gated estates -- known for security, good roads, and proximity to orange island and the lagoon. - strong c of o title: full government‑issued certificate of occupancy ensures legal security and bankability. - clear jv terms: the landowner has set non‑negotiable terms -- premium payment, bank guarantee, 50:50 split, and a 2‑year construction timeline. this clarity allows serious developers to evaluate quickly. - immediate premium payment: ₦80 million due at contract signing -- a sign of commitment and a filter for qualified partners. - optimal scale: 2,000 sqm is ideal for a medium‑density block of flats, offering strong returns without excessive complexity. --- ️ development potential - a modern block of flats -- likely 3‑4 storeys with a mix of 2‑ and 3‑bedroom units. - estimated unit count: 20--30 flats (depending on design and estate density regulations). - ground floor parking, lobby, backup power, water treatment, and security features. - target market: professionals, families, and investors seeking quality rentals or purchases in lekki phase 1. --- location benefits -- lekki foreshore estate - secure & serene: 24/7 estate security, paved roads, drainage, and organised layout. - proximity to key areas: close to admiralty way, freedom way, orange island, and the lekki‑epe expressway. - high demand: properties in this estate consistently achieve premium rents and resale values. - lifestyle appeal: near the lagoon, upscale restaurants, and retail outlets. --- non‑negotiable terms for developers the landowner has made these terms clear -- no further discussion unless accepted: 1. premium fee: ₦80,000,000 paid immediately upon signing the jv contract. 2. bank guarantee: developer must provide a bank guarantee on funds. 3. sharing ratio: 50:50 (landowner : developer). 4. premium payment timing: at contract signing (not after completion). 5. construction period: 2 years maximum. --- financial structure - land contribution value: ₦1.8 billion. - developer's role: provide 100% of construction financing, bank guarantee, project management, and sales/letting. - profit sharing: 50% to landowner / 50% to developer, after agreed cost recovery. - premium: ₦80 million is in addition to the land value -- effectively increasing the landowner's upfront take. --- next steps for interested developers qualified developers who accept the terms should: 1. submit a letter of intent (loi) confirming acceptance of the five terms. 2. provide proof of funds and ability to issue a bank guarantee. 3. share company profile with verifiable track record of block‑of‑flats projects in lekki, vi, or ikoyi. 4. prepare for immediate negotiation and contract signing once due diligence is satisfactory. due diligence: upon expression of interest, the facilitator will arrange site inspection and title document review. ideal partner: a mid‑sized to large real estate developer with proven experience in multi‑storey residential projects, strong liquidity, and ability to provide a bank guarantee. terms are clear. land is prime. structure is 50:50. serious developers only -- no tyre‑kicke...