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Land joint venture
Joint venture oniru *800sqm Proposal: block of flat 2/3bed Land title: CofO land value. 1.5b Sharing formula: 50/50 Brokerage fee: 10% Owner is ready as matter of urgency we can close this week if possible Note: only direct.
Land joint venture
Fresh closable joint venture @ Osborne Phase 2, Ikoyi Land size: 900 sqms bareland Proposal: Block of flat or Maisonettes Land value: ₦2.5m per sqm. Title: CofO. Sharing Ratio: 50/50 Premium: No Premium Facilitator's fee: 10%
Residential land joint venture
JV just out at agidingbi a full plot of land measuring 693.776 sq mtrs in a lovely estate in Agidingbi Ikeja Lagos. Premium: 30 million. Agency fee 10% apply. Sharing formula: 50:50. Land value: 600 million. Document: C of O. ️️
Land joint venture
Joint venture oniru *800sqm Proposal: block of flat 2/3bed Land title: CofO land value. 1.5b Sharing formula: 50/50 Brokerage fee: 10% Owner is ready as matter of urgency we can close this week if possible Ob
Mixed-use land joint venture
Developer Delight Joint Ventures 1080 SQM facing freedom before periwinkle estate way lekki premium: 200million Proposal: 24units of 2/3 bedrooms apartments for mixed use development Land Value: N1.8billion Facilitators Fee: 10% Tittle : Governor Consent in view Ratio 55/45
Residential land joint venture
Location: Oba adeyinka oyekan, old ikoyi Size: 1,860Sqm Price: ₦8.37B Title: C of O Proposal: Open to High roi Sharing Ratio: Tbd Premium: Tbd Facilitators Fee: 10% Requirements: Company Profile, Loi, Facilitators Fee Letter
Land joint venture
Location: Lateef jakande, old ikoyi Size: 3,718.20Sqm Land Value: ₦16.732B Title: C of O Proposal: Open to High roi Sharing Ratio: Tbd Premium: Tbd Facilitators Fee: 10% Requirements: Company Profile, Loi, Facilitators Fee Letter
Land joint venture
️JV JV JV️ 1000sqm Location Adekunle Kuye Open proposal Premium - N20m Value - N650m Agency- 10% Bot or joint venture (J.V .) opportunity Option 1 : build-operate-transfer (BOT) Proposed Development: 2 or 3-Storey Building - Family Premium : ₦10 Million - Facilitator's Fee: ₦10 Million Option 2: joint venture (J.V.) - Land Value: ₦450 Million - Proposed Development: Open to Proposals - Sharing Ratio : 50/50 - Facilitator's Fee : 10% Location: Adetola Street, Agud a, Surulere Land size: 1½ Plots Status: Open for Serious Investors and Developers.
Residential land joint venture
Joint venture development at Lekki Foreshore Estate, Lekki phase 1. Land Size: 2000sqm Title: Governor's consent Land Value: N2billion. Proposal: Owner wants 40 units of luxury 2 bedroom flat. *Premium: 100m net Sharing formula: 50/50(not negotiable). Construction period: 20months Facilitators fee: 10%. Note that we need a capable developer that has done something in Lekki, V/I and Ikoyi before.
Land joint venture
Joint Venture: Banana Island road Land size: 1,116sqm Location: Banana Island Road Title: Lagos C of O (77 Years) Land Value: N4m per sqm Premium: Nil Sharing: To be declared in Proposal Terms: - Proposal: Apartments (Maisonettes / Flats). - Developer must have proven track record. The developer can use a contractor. - Proof of financial capacity will be required. Required documents: - Developers profile - Developers proposal - Brokers Fee letter David dapo
Commercial land joint venture
Joint Venture Opportunity -- Ligali Ayorinde, Victoria Island, Lagos 1,500 SQM (Corner Piece) C of O & Governor's Consent Land Value: ₦3.5M per SQM Minimum 10 Floors Proposal Agency Fee: 8% --- Property & JV Overview - Location: Ligali Ayorinde, Victoria Island, Lagos. - Land Size: 1,500 SQM (Note: Brief also specifies a 1,401 SQM corner-piece). - Title: Certificate of Occupancy (C of O) & Governor's Consent -- the strongest dual-title combination in Lagos. - Land Value: ₦3,500,000 per SQM. - Total Land Value (Est.): ₦5,250,000,000 (≈ ₦5.25 Billion). - Proposed Development: High-rise building. Owner requires a minimum of 10 floors. - Structure: Joint Venture (JV). - Agency Fee: 8% of land value. - Status: Prime land, ready for a premium development partnership. --- Key Highlights - Iconic Victoria Island Address: Ligali Ayorinde is a highly prestigious and central corridor in VI, surrounded by embassies, corporate headquarters, and luxury residences. - Corner-Piece Advantage: Offers maximum visibility, dual access, and superior architectural design flexibility. - High-Density Mandate: The owner's requirement for a minimum of 10 floors ensures that the land's full commercial and residential potential is maximized, yielding higher overall returns. - Strong Dual Title: The combination of C of O and Governor's Consent provides unmatched legal security and bankability for this multi-billion-naira project. - Transparent Transaction: A clear 8% agency fee and a well-defined submission procedure for qualified developers. --- ️ Development Potential Given the prime VI location and the 10-floor minimum requirement, ideal proposals include: - Luxury Residential Tower: 10+ floors of high-spec 2-, 3-, and 4-bedroom apartments with premium penthouses. - Mixed-Use High-Rise: Commercial/retail spaces on the lower floors with luxury residential apartments above. - Corporate Headquarters / Office Tower: Grade-A commercial space targeting multinationals. - Boutique Hotel or Serviced Apartments: Capitalizing on the high demand for premium hospitality in VI. --- Location Benefits -- Ligali Ayorinde, VI - Epicenter of Business & Diplomacy: Minutes from major banks, embassies, Eko Atlantic, and the Lagos Island business district. - Lifestyle & Convenience: Proximity to top-tier restaurants, hospitals, schools, and leisure spots. - Excellent Infrastructure: Reliable power, water, security, and a well-maintained road network. - High Appreciation: Property values in this specific VI corridor remain highly resilient and show exceptional long-term capital growth. --- Financial Structure - Land Contribution Value: ₦3.5M/SQM. - Developer's Role: Provide 100% of construction financing, project management, and execution. - Profit Sharing: To be negotiated based on land value vs. total development cost. - Agency Fee: 8% of land value (typically payable upon successful JV execution). --- Procedure for Interested Developers / Investors Our client is seeking credible and experienced partners with the proven capacity to execute a premium high-rise project. To proceed, interested parties must submit: 1. Letter of Intent (LOI) -- expressing interest and acknowledging the minimum 10-floor requirement. 2. Development Proposals -- a preliminary concept note outlining your vision for the 10+ floor development. 3. Company Profile -- with verifiable evidence of high-rise projects completed in Victoria Island, Ikoyi, or similar prime locations. 4. Agency Letter -- a signed agreement committing to the 8% agency fee. Next Steps: - DM for the full brief and JV terms. - Due diligence and site inspection will follow for shortlisted developers. Ligali Ayorinde, VI + 1,500 SQM Corner Piece + C of O & Governor's Consent + Minimum 10 Floors -- a premium JV opportunity for top-tier developers. Serious, capable developers only.
Mixed-use land joint venture
Closeable Joint Venture Opportunity -- Corner Piece Land on Ajose Adeogun, Victoria Island, Lagos 1,380 SQM LA with C of O Root of Title Land Value: ₦3M per SQM Premium: ₦100M Proposed: Mixed-Use (Commercial Front + Residential Back) Agency Fee: 10% Property & JV Overview - Location: Ajose Adeogun, Victoria Island, Lagos. - Land Size: 1,380 SQM. - Plot Type: Corner Piece with a demolishable structure on it (ready for a fresh build). - Title: Land Agreement (LA) with C of O Root of Title -- provides a strong chain of ownership. - Land Value: ₦3,000,000 per SQM. - Total Land Value: ₦4,140,000,000 (≈ ₦4.14 Billion). - Premium: ₦100,000,000 (payable upon JV contract signing). - Proposed Development: Mixed-Use -- Front part for commercial, back part for residential. The landowner is also open to other viable proposals. - Agency Fee: 10% of land value (₦414 Million). - Status: Marked as "Closeable" -- the owner is ready to execute with a serious, qualified developer. Key Highlights - Iconic Victoria Island Address: Ajose Adeogun is the heartbeat of Lagos's financial and corporate district, guaranteeing unmatched prestige and visibility. - Corner Piece Advantage: The dual road frontage offers maximum visibility for the commercial component and better design flexibility for the entire project. - Mixed-Use Zoning Potential: The proposed split (commercial frontage + residential rear) is a highly lucrative model in VI, allowing the developer to maximize revenue from both corporate tenants and high-end residents. - Demolishable Structure: The existing building on-site can be removed, providing a clean slate to build a modern, high-yield architectural landmark. - Flexible Landowner: While a specific mixed-use proposal is suggested, the owner is open to discussing alternative development visions that offer a high roi. ️ Development Potential - Twin-Concept Mixed-Use Building: A ground-floor retail or corporate office space facing the main road, with luxury apartments or serviced suites tucked away at the back for privacy. - High-End Office Complex: Grade-A office spaces with a boutique residential wing. - Boutique Hotel / Serviced Apartments: Given the heavy corporate traffic in VI. - Corporate Headquarters: A flagship building with private executive residences above. Location Benefits -- Ajose Adeogun, Victoria Island - Corporate Epicenter: Walking distance to major banks, multinational headquarters, and the Nigerian Stock Exchange. - Proximity to Eko Atlantic: Positioned to benefit from the ongoing development of Lagos's new city. - Unmatched Infrastructure: Reliable power, high-level security, and excellent road networks. - High Demand: Unwavering demand for commercial space and luxury residential units in Victoria Island ensures strong rental yields and capital appreciation. Financial Structure - Land Contribution Value: ₦4.14 Billion. - Premium (Upfront): ₦100 Million -- payable to the landowner upon JV contract signing. - Developer's Role: Provide 100% of construction financing, demolition of the existing structure, project management, and sales/letting. - Profit Sharing: To be negotiated based on the total project cost and land value. - Agency Fee: 10% of land value, typically payable upon successful JV execution. Next Steps for Qualified Developers Interested developers must submit: 1. Letter of Intent (LOI) -- confirming interest, acceptance of the ₦100M premium, and proposed JV structure. 2. Company Profile -- with verifiable evidence of luxury high-rise or mixed-use projects completed in Victoria Island, Ikoyi, or similar prime locations. 3. Proof of Funds -- bank statements or financing letters demonstrating capacity to fund a project of this scale. 4. Preliminary Concept Note -- your development vision (either adopting the commercial/residential split proposal or presenting a higher-ROI alternative). Due Diligence: - Upon signing an nda and Agency Fee Agreement, title documents (LA, C of O Root of Title), survey plans, and site access will be provided for verification. Ideal Partner Profile: - Top-tier real estate development firm with a proven track record in high-end commercial and residential projects. - Strong financial capacity and ability to fund construction without sole reliance on off-plan sales. A rare mixed-use JV opportunity on Ajose Adeogun, VI -- 1,380 SQM corner piece, flexible proposals, and a motivated landowner. Direct mandate -- serious, capable developers only.
Land joint venture
Joint Venture Opportunity -- Prime Land in Lekki Phase 1, Lagos 890 SQM Governor's Consent Title Land Value: ₦1.7 Billion Premium: ₦100 Million Proposed: 18 Units (2-Bed & 3-Bed Penthouses) 50:50 Sharing Facilitator's Fee: 10% Property & JV Overview - Location: Huponu Wusu, Lekki Phase 1, Lagos. - Land Size: 890 SQM. - Title: Governor's Consent. - Land Value: ₦1,700,000,000 (≈ ₦1.91 Million per SQM). - Premium: ₦100,000,000 (payable upon JV contract signing). - Proposed Development: 18 units comprising 2-bedroom flats and 3-bedroom penthouses. - Sharing Formula: 50:50 (landowner : developer). - Facilitator's Fee: 10% of land value (₦170 Million), payable upon JV agreement. - Status: Vacant land, ready for a joint venture development. Key Highlights - Prime Lekki Phase 1 Address: Huponu Wusu is a highly desirable, secure, and well-developed street in the heart of Lekki Phase 1, surrounded by luxury estates. - Clear and Efficient Development Blueprint: The proposal for 18 units (a mix of 2-bed flats and 3-bed penthouses) is an excellent use of the 890 SQM plot, maximizing vertical space for high returns. - Balanced 50:50 Sharing: A fair and transparent partnership structure that aligns the interests of both the landowner and the developer. - Strong Title Security: Governor's Consent provides a solid legal foundation, ensuring a smooth path for securing building approvals and financing. - High Demand for Premium Units: Penthouses and high-spec 2-bedroom flats in Lekki Phase 1 are highly sought after by young professionals, expatriates, and high-net-worth individuals, ensuring strong pre-sales and rental demand. Development Potential - Multi-Storey Apartment Block: Given the land size and unit count (18 units), the developer will likely build a 4- to 5-storey structure with ground-floor parking. - Unit Mix: A strategic blend of 2-bedroom flats and exclusive 3-bedroom penthouses on the top floors. - Amenities: Secure lobby, elevator, backup power, water treatment, and modern security systems. - Target Market: Corporate executives, returning diaspora, and investors seeking premium rental yields in Lekki Phase 1. Location Benefits -- Huponu Wusu, Lekki Phase 1 - Prestige & Security: A quiet, tree-lined street with 24/7 security presence, offering a serene environment away from main road noise. - Central Connectivity: Minutes from Admiralty Way, Freedom Way, Victoria Island, and Ikoyi. - Proximity to Amenities: Close to top schools, hospitals, shopping centres, restaurants, and leisure spots. - High Appreciation: Land and property values in Lekki Phase 1 remain highly resilient due to limited supply and unwavering demand. Financial Structure - Land Contribution Value: ₦1.7 Billion. - Premium (Upfront): ₦100 Million -- payable to the landowner upon JV contract signing. - Developer's Role: Provide 100% of construction financing, project management, and sales/letting. - Profit Sharing: 50% Landowner / 50% Developer -- after recovery of agreed development costs. - Facilitator's Fee: 10% of land value (₦170 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 interest and acceptance of the ₦100M premium and 50:50 sharing structure. 2. Company Profile -- with verifiable evidence of residential apartment or mixed-use projects completed in Lekki, Victoria Island, or Ikoyi. 3. Proof of Funds -- bank statements or financing letters demonstrating capacity to fund the construction of 18 premium units. 4. Preliminary Concept Note -- initial design thoughts and timeline aligned with the 2-bed and 3-bed penthouse proposal. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide title documents (Governor's Consent), survey, and arrange a site inspection. Ideal Partner Profile: - A reputable real estate development firm with a proven track record in mid-rise residential projects. - Strong financial capacity and ability to fund construction without sole reliance on off-plan sales. Lekki Phase 1 JV -- 890 SQM, 18 Units Proposed, ₦1.7B Land Value, ₦100M Premium, 50:50 Sharing. A highly viable and lucrative partnership opportunity. Direct mandate -- serious developers with capacity and track record only.
Land joint venture
Closeable Joint Venture Opportunity -- Off Freedom Way, Lekki Phase 1 (Gated Neighborhood), Lagos 939 SQM C of O Title Land Value: ₦1.1 Billion Premium: ₦50 Million Proposed: 17 Units (15×2-Bed & 2×3-Bed Penthouses) 55/45 Sharing Facilitator's Fee: 10% Net Property & JV Overview - Location: Off Freedom Way, in a gated neighborhood, Lekki Phase 1, Lagos. - Land Size: 939 SQM. - Title: Certificate of Occupancy (C of O). - Land Value: ₦1,100,000,000 (≈ ₦1.17 Million per SQM). - Premium: ₦50,000,000 (payable upon JV contract signing). - Proposed Development: - 15 units of 2-bedroom flats. - 2 units of 3-bedroom penthouses. - Total: 17 premium units. - Sharing Formula: 55/45 (typically in favor of the landowner, but open to structuring based on development costs). - Facilitator's Fee: 10% Net of land value (₦110 Million). - Status: Vacant land in a secure, gated community -- marked as a "Closeable" deal, indicating the owner is ready for immediate execution. Key Highlights - Prime Gated Neighborhood: Located off the highly desirable Freedom Way, offering the perfect blend of security, serenity, and prestige in Lekki Phase 1. - Highly Defined Development Plan: The specific proposal for 17 units (including penthouses) maximizes the 939 SQM land size, ensuring a highly lucrative yield. - Low Upfront Premium: The ₦50 Million premium is highly competitive for Lekki Phase 1, reducing the initial capital outlay for the developer. - Strong C of O Title: Full government-issued Certificate of Occupancy ensures legal security and bankability. - Closeable Mandate: The seller is motivated and ready to sign with a capable, qualified developer. Development Potential The proposed development is a highly viable mid-rise residential project: - Building Structure: Likely a 4- to 5-storey building to accommodate the 17 units and required parking. - Unit Mix: 15 highly sought-after 2-bedroom flats and 2 exclusive 3-bedroom penthouses at the top floor. - Target Market: Young professionals, expatriates, and high-net-worth individuals looking for premium, secure accommodation in Lekki Phase 1. Location Benefits -- Off Freedom Way, Lekki Phase 1 - Gated & Secure: The neighborhood is gated, offering controlled access and 24/7 security. - Unmatched Connectivity: Direct access to Freedom Way, linking you seamlessly to Admiralty Way, Victoria Island, Ikoyi, and the Lekki-Epe Expressway. - High Rental Demand: The Lekki Phase 1 corridor consistently commands premium rents from top-tier tenants. - Lifestyle Amenities: Close to high-end restaurants, supermarkets, schools, and leisure spots. Financial Structure - Land Contribution Value: ₦1.1 Billion. - Premium (Upfront): ₦50 Million -- payable to the landowner upon JV contract signing. - Developer's Role: Provide 100% of construction financing, project management, and sales/letting. - Profit Sharing: 55% / 45% (Landowner / Developer) -- after recovery of agreed development costs. - Facilitator's Fee: 10% Net of land value (₦110 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 interest and acceptance of the ₦50M premium and the 55/45 sharing structure. 2. Company Profile -- with verifiable evidence of multi-unit residential projects completed in Lekki Phase 1, Victoria Island, or Ikoyi. 3. Proof of Funds -- bank statements or financing letters demonstrating capacity to fund the construction of 17 premium units. 4. Preliminary Concept Note -- initial design thoughts and timeline aligned with the 2-bed and penthouse proposal. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide title documents (C of O), survey, and arrange a site inspection for the developer to verify the plot and its surroundings. Off Freedom Way JV -- 939 SQM, 17 Units Proposed, ₦1.1B Land Value, ₦50M Premium, 55/45 Sharing. A highly viable, closeable opportunity for serious developers. Direct mandate -- serious inquiries only.
Land joint venture
100% Reclamation and sandfilling joint venture (JV) deal with access from land. 7.8 Hectares waterfront reclamation: - 7.8 hectares (78,000 sqm) of prime waterfront reclamation land for sale in the Grace Field Island corridor. - This reclamation can be executed by developers/investors coming together, 3 hectares per developer, to lessen the burden. Location: Grace Field Island by Chevron Drive, Lekki, Lagos Size: 7.8 Hectares 78,000 Sqm, split into 2 lots of 3.9 hectares each (39,000 Sqm per Developer), or an investor can take everything. Title: Federal and State Clearance (NIWA) + Other Relevant Documents Premium: N200M per hectare Price: N700,000 per sqm Facilitator's fee: 10% of Total Land Value + 5% Land Allocation
Residential land joint venture
Joint Venture Opportunity -- Salem Ilasan, Lekki, Lagos 1,400 SQM Governor's Consent Title Land Value: ₦1.4 Billion Proposed: Blocks of Flats Facilitator's Fee: 8% Property & JV Overview - Location: Salem Ilasan, Lekki, Lagos (a rapidly developing residential corridor). - Land Size: 1,400 SQM. - Title: Governor's Consent. - Land Value: ₦1,400,000,000 (≈ ₦1,000,000 per SQM). - Proposed Development: Blocks of flats. - Sharing Formula: Open for discussion/negotiation based on development costs. - Facilitator's Fee: 8% of land value (₦112 Million), payable upon JV agreement. - Status: Vacant, titled land ready for a joint venture partnership. Key Highlights - Prime Ilasan Location: Situated in a highly populated and fast-appreciating residential zone in Lekki, offering excellent rental demand. - Strong Title Security: A Governor's Consent provides a solid legal foundation, giving confidence to developers and financiers. - Reduced Facilitator Fee: At 8% (compared to the standard 10%), the transaction costs are optimized, making the deal more attractive for the developer. - Clear Development Vision: The owner proposes a "Blocks of Flats" development, which aligns perfectly with the high demand for quality mid-income housing in the Ilasan/Ikate axis. - Optimal Scale: At 1,400 SQM, the land is perfectly sized for a boutique development of 2 to 3 blocks of flats with parking and amenities. Development Potential - Residential Blocks of Flats: A modern development of 2-3 blocks (likely 3-4 storeys each), comprising a mix of 2-bedroom and 3-bedroom apartments. - Estimated Unit Count: 18--24 units (subject to design and density regulations). - Amenities: Ground floor parking, 24/7 security, backup power, and water treatment. - Target Market: Young professionals, families, and investors seeking accessible, quality housing in the Lekki corridor. Location Benefits -- Salem Ilasan, Lekki - High-Demand Residential Hub: Ilasan is a densely populated and thriving area, ensuring a steady stream of potential tenants and buyers. - Connectivity: Easy access to the Lekki-Epe Expressway, linking to Lekki Phase 1, Ikoyi, and Victoria Island. - Proximity to Amenities: Close to schools, hospitals, markets, and commercial hubs. - Future Appreciation: Ongoing infrastructure improvements in the Lekki axis support long-term capital growth. Financial Structure - Land Contribution Value: ₦1.4 Billion. - Developer's Role: Provide 100% of construction financing, project management, and sales/letting. - Profit Sharing: To be negotiated (typically based on land value vs. total development cost). - Facilitator's Fee: 8% of land value (₦112 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 interest and willingness to discuss JV terms. 2. Company Profile -- with verifiable evidence of residential block-of-flats projects completed in Lekki or similar areas. 3. Proof of Funds -- demonstrating capacity to fund a project of this scale. 4. Preliminary Concept Note -- initial design and timeline aligned with the blocks of flats proposal. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide title documents, survey, and arrange a site inspection. Salem Ilasan JV -- 1,400 SQM, Governor's Consent, ₦1.4B Land Value, Blocks of Flats Proposal, 8% Facilitator Fee. A viable and streamlined opportunity for serious developers. Direct mandate -- serious inquiries only.
Residential land joint venture
Waterfront Joint Venture Opportunity -- 15 Wole Olateju Crescent, Off Admiralty Way, Lekki Phase 1, Lagos 1,556.508 SQM Land Value: ₦3 Billion Proposed: Luxury 2 & 3 Bed Flats 50:50 Sharing Facilitator's Fee: 10% Property & JV Overview - Location: 15 Wole Olateju Crescent, Off Admiralty Way, Lekki Phase 1, Lagos. - Land Size: 1,556.508 SQM. - Title: To be verified (C of O / Governor's Consent expected for Lekki Phase 1). - Land Valuation: ₦3,000,000,000 (≈ ₦1.927 Million per SQM). - Proposed Development: Luxury flats of 2-bedroom and 3-bedroom units. - Sharing Formula: 50:50 (landowner : developer). - Facilitator's Fee: 10% of land value (₦300 Million), payable upon JV agreement. - Status: Waterfront land in a highly prestigious location, ready for a joint venture development. Key Highlights - Premium Waterfront Location: Wole Olateju Crescent is an exclusive, serene street off Admiralty Way, offering direct waterfront access and scenic lagoon views. - Lekki Phase 1 Prestige: One of Lagos's most sought-after residential districts, known for luxury living, security, and high rental demand. - Clear Development Vision: The proposal for luxury 2- and 3-bedroom flats perfectly aligns with the high-end market in this area. - Balanced 50:50 Sharing: A transparent and equitable partnership structure that aligns the interests of both the landowner and the developer. - Strong Investment Value: The land valuation of ₦3 Billion reflects the premium nature of the waterfront location and the high potential for returns on a luxury residential development. ️ Development Potential - Luxury Apartment Block: A modern mid-rise building (4--6 floors) comprising high-spec 2- and 3-bedroom flats. - Waterfront Amenities: Potential for units with lagoon views, landscaped gardens, a pool, and recreational areas. - Estimated Unit Count: 20--30 flats (subject to design, density regulations, and estate guidelines). - Infrastructure: Ground-floor parking, luxury lobby, backup power, water treatment, and 24/7 security. - Target Market: High-net-worth individuals, corporate executives, expatriates, and families seeking upscale waterfront living. Location Benefits -- Off Admiralty Way, Lekki Phase 1 - Waterfront Serenity: Quiet, tree-lined street with exclusive lagoon access and scenic views. - Proximity to Admiralty Way: One of Lekki's main arteries -- easy access to banks, restaurants, shopping centres, and commercial hubs. - Central Connectivity: Minutes from Victoria Island, Ikoyi, and the Lekki-Epe Expressway. - High Demand Area: Lekki Phase 1 consistently attracts premium tenants and buyers, ensuring strong rental and resale value. - Secure Environment: 24/7 security, well-maintained roads, and quality infrastructure. Financial Structure - Land Contribution Value: ₦3 Billion. - Developer's Role: Provide 100% of construction financing, project management, and sales/letting. - Profit Sharing: 50% Landowner / 50% Developer -- after recovery of agreed development costs. - Facilitator's Fee: 10% of land value (₦300 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 interest and acceptance of the 50:50 sharing structure. 2. Company Profile -- with verifiable evidence of luxury apartment projects completed in Lekki Phase 1, Victoria Island, or Ikoyi. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (estimated construction cost ₦1.5B -- ₦2.5B+). 4. Preliminary Concept Note -- initial design and timeline aligned with the luxury 2- and 3-bedroom flats proposal. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide title documents, survey, and arrange a site inspection. - Waterfront status and access rights to be verified. Ideal Partner Profile: - A reputable real estate development firm with a proven track record in luxury residential projects. - Strong financial capacity and ability to fund construction without sole reliance on off-plan sales. Lekki Phase 1 Waterfront JV -- 1,556.508 SQM, Land Value ₦3B, 50:50 Sharing, 10% Facilitator Fee. A highly lucrative, premium opportunity for serious developers. Direct mandate -- serious inquiries only.
Residential land joint venture
Closable Joint Venture Opportunity -- Osborne Phase 2, Ikoyi, Lagos 900 SQM C of O Title Land Value: ₦2.5M per SQM (≈₦2.25 Billion Total) Premium: Nil Proposed: Block of Flats or Maisonettes 50:50 Sharing Facilitator's Fee: 10% Property & JV Overview - Location: Osborne Phase 2, Ikoyi, Lagos -- one of the most prestigious and secure gated communities in Lagos. - Land Size: 900 SQM (Bare land). - Title: Certificate of Occupancy (C of O). - Land Value: ₦2,500,000 per SQM. - Total Land Value: ₦2,250,000,000 (≈ ₦2.25 Billion). - Premium: Nil (No Premium) -- a massive advantage, significantly reducing the developer's upfront capital requirement. - Proposed Development: Block of flats or Maisonettes. - Sharing Ratio: 50:50 (landowner : developer). - Facilitator's Fee: 10% of land value (₦225 Million), payable upon JV agreement. - Status: Vacant land, marked as a "Closable" deal -- owner is ready for immediate engagement and execution. Key Highlights - Prime Osborne Phase 2 Address: A highly exclusive, well-secured estate in Ikoyi, known for its serene environment, elite residents, and premium infrastructure. - Zero Premium Required: The absence of an upfront premium is a massive financial advantage, allowing the developer to deploy capital directly into construction. - Clear 50:50 Sharing: A balanced and transparent partnership structure that aligns the interests of both parties. - Strong C of O Title: Full government-issued Certificate of Occupancy ensures legal security, bankability, and a smooth transaction process. - Closable Deal: The mandate emphasizes that this is a "closable" transaction -- the owner is motivated and ready to sign with a capable developer. - High Demand Area: Osborne Phase 2 consistently attracts high-net-worth tenants and buyers, ensuring strong rental yields and resale value. Development Potential - Luxury Block of Flats: A modern mid-rise building (3--5 floors) with a mix of 2- and 3-bedroom high-spec apartments. - Maisonettes: A boutique development of luxury maisonettes (duplex units) offering privacy and spacious living. - Estimated Unit Count: 8--12 units (subject to design and estate density regulations). - Amenities: Ground floor parking, backup power, water treatment, gym, and 24/7 security. - Target Market: Corporate executives, expatriates, and high-net-worth families seeking premium accommodation in Ikoyi. Location Benefits -- Osborne Phase 2, Ikoyi - Exclusive Gated Estate: Controlled access with 24/7 security, paved roads, and a well-maintained environment. - Proximity to Key Areas: Minutes from Osborne Road, Ikoyi Club, Victoria Island, and Lagos Island. - Lifestyle & Convenience: Close to top schools, hospitals, fine dining restaurants, and recreational spots. - High Appreciation: Property values in Osborne Phase 2 remain highly resilient and show strong long-term capital growth. Financial Structure - Land Contribution Value: ₦2.25 Billion. - Premium (Upfront): Nil -- no initial payment required for the land from the developer. - Developer's Role: Provide 100% of construction financing, project management, and sales/letting. - Profit Sharing: 50% Landowner / 50% Developer -- after recovery of agreed development costs. - Facilitator's Fee: 10% of land value (₦225 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 interest and acceptance of the 50:50 sharing structure and zero premium terms. 2. Company Profile -- with verifiable evidence of luxury apartment or maisonette projects completed in Ikoyi, Victoria Island, or similar prime locations. 3. Proof of Funds -- bank statements or financing letters showing capacity for a project of this scale (construction cost estimated ₦500M -- ₦800M+). 4. Preliminary Concept Note -- initial design and timeline aligned with the block of flats or maisonettes proposal. 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 reputable real estate development firm with a proven track record in high-end residential projects. - Strong financial capacity and ability to fund construction without sole reliance on off-plan sales. Osborne Phase 2 JV -- 900 SQM, C of O, ₦2.25B Land Value, Nil Premium, 50:50 Sharing. A highly attractive, closable opportunity for serious developers. Direct mandate -- ready for immediate execution.
Residential land joint venture
Premium Reduced! Joint Venture Opportunity -- Off Oladimeji Alao, Lekki Phase 1, Lagos 500 SQM Demolish-able Duplex on Site Premium: ₦90 Million (Reduced) Proposed: 2 Duplexes 50:50 Sharing Facilitator's Fee: 10% Property & JV Overview - Location: Off Oladimeji Alao, Lekki Phase 1, Lagos. - Land Size: 500 SQM. - Existing Structure: A demolish-able duplex currently sits on the land (ready for a clean slate). - Title: To be verified (C of O / Governor's Consent expected). - Premium: ₦90,000,000 (Recently reduced -- highly attractive entry point). - Proposed Development: 2 Duplexes. - Sharing Formula: 50:50 (landowner : developer). - Facilitator's Fee: 10% of land value, payable upon JV agreement. - Status: Vacant land with a removable structure, ready for partnership and immediate development. Key Highlights - Prime Lekki Phase 1 Address: Off Oladimeji Alao is a prestigious, quiet, and highly sought-after residential street in the heart of Phase 1, close to Admiralty Way and major hubs. - Reduced Premium: The premium has been slashed to ₦90 Million, significantly lowering the upfront entry cost for the developer and improving overall project roi. - Clean Slate: The existing structure is marked as "demolish-able," meaning there are no encumbrances to a fresh, modern architectural vision. - Clear 50:50 Partnership: A transparent and equitable sharing structure that aligns the interests of both the landowner and the developer. - High-Demand Housing Type: Duplexes in Lekki Phase 1 are consistently in high demand for both sales and premium rentals. Development Potential - Proposed Layout (2 Duplexes): The 500 SQM plot is perfectly sized for two well-designed, semi-detached or twin duplexes (e.g., 4-bedroom duplexes with BQs). - Architecture: The developer can maximize the space with smart, vertical design, dedicated parking, and premium finishing. - Target Market: High-net-worth families, corporate executives, and expatriates looking for a secure, low-density neighborhood in Lekki Phase 1. Location Benefits -- Off Oladimeji Alao, Lekki Phase 1 - Prestige & Serenity: A low-traffic, tree-lined street with 24/7 security presence. - Central Connectivity: Minutes from Admiralty Way, Freedom Way, Victoria Island, and Ikoyi. - Proximity to Amenities: Close to top schools, hospitals, shopping centres, restaurants, and leisure spots. - High Appreciation: Land and property values in Lekki Phase 1 remain highly resilient due to limited supply and unwavering demand. Financial Structure - Premium (Upfront): ₦90 Million (Reduced) -- payable to the landowner upon JV contract signing. - Developer's Role: Provide 100% of construction financing, demolition of the existing structure, project management, and sales/letting. - Profit Sharing: 50% Landowner / 50% Developer -- after recovery of agreed development costs. - Facilitator's Fee: 10% of land value, 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 interest and acceptance of the ₦90M premium and 50:50 sharing structure. 2. Company Profile -- with verifiable evidence of duplex or residential projects completed in Lekki, Victoria Island, or Ikoyi. 3. Proof of Funds -- bank statements or financing letters demonstrating capacity to fund the demolition and construction phases. 4. Preliminary Concept Note -- initial design thoughts for the 2 duplexes and an estimated timeline. Due Diligence: - Upon signing an nda and facilitator fee agreement, the facilitator will provide title documents, survey, and arrange a site inspection (including a structural assessment of the existing building to be demolished). Ideal Partner Profile: - A reputable real estate development firm with a proven track record in residential projects. - Strong financial capacity and ability to move quickly to secure a reduced-premium asset. Lekki Phase 1 JV -- 500 SQM, Reduced ₦90M Premium, 2 Duplex Proposal, 50:50 Sharing. A highly viable, low-upfront-cost opportunity for serious developers. Direct mandate -- serious inquiries only.
Residential land joint venture
Joint Venture Opportunity -- Prime Land Facing Freedom Way, Lekki, Lagos 1,080 SQM Governor's Consent Title Land Value: ₦1.8 Billion Premium: ₦100 Million Proposed: 20 Units (2 & 3 Bed Flats) 50:50 Sharing Facilitator's Fee: 10% Property & JV Overview - Location: Facing Freedom Way, Lekki, Lagos. - Land Size: 1,080 SQM. - Title: Governor's Consent (currently in the owner's name). - Land Value: ₦1,800,000,000 (≈ ₦1.667 Million per SQM). - Premium: ₦100,000,000 (payable upon JV contract signing). - Proposed Development: A block of flats comprising 20 units of 2-bedroom and 3-bedroom apartments. - Sharing Formula: 50:50 (landowner : developer). - Facilitator's Fee: 10% of land value (₦180 Million), payable upon JV agreement. - Status: Vacant land, ready for a joint venture development. Key Highlights - Prime Freedom Way Frontage: Direct exposure to one of Lekki's most vital and high-traffic arteries, offering excellent visibility and accessibility. - Clear Development Blueprint: The proposal for 20 units of 2- and 3-bedroom flats is highly realistic for the 1,080 SQM plot, ensuring efficient use of space and strong market appeal. - Strong Title Security: Governor's Consent provides a solid legal foundation, with a straightforward pathway to perfecting the title for financing and development. - Balanced 50:50 Partnership: A transparent and equitable sharing structure that aligns the interests of both parties. - High Rental Demand: Freedom Way and its surrounding environs in Lekki Phase 1 consistently attract professionals, expatriates, and families, ensuring strong rental yields and capital appreciation. Development Potential The proposed development offers a highly viable residential project: - Unit Mix: A strategic blend of 2-bedroom and 3-bedroom flats (e.g., 10 units of each, or 12 of 2-bed and 8 of 3-bed). - Building Structure: A modern 4- or 5-storey mid-rise building. - Amenities: Ground-level parking, secure lobby, backup power, water treatment, and 24/7 security. - Target Market: Young professionals, corporate executives, and families seeking premium yet accessible accommodation in Lekki. Location Benefits -- Freedom Way, Lekki - Strategic Connectivity: Facing the main road ensures easy access to Admiralty Way, Lekki Phase 1, Victoria Island, and Ikoyi. - Commercial & Residential Hub: Surrounded by corporate offices, banks, luxury estates, and lifestyle amenities. - High Visibility: Excellent for branding and an easy landmark for residents and visitors. - Appreciation Corridor: Land and property values along Freedom Way have demonstrated consistent, long-term growth. Financial Structure - Land Contribution Value: ₦1.8 Billion. - Premium (Upfront): ₦100 Million -- payable to the landowner immediately upon signing the JV contract. - Developer's Role: Provide 100% of construction financing, project management, and sales/letting. - Profit Sharing: 50% Landowner / 50% Developer -- after recovery of agreed development costs. - Facilitator's Fee: 10% of land value (₦180 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 interest and acceptance of the premium and 50:50 sharing structure. 2. Company Profile -- with verifiable evidence of residential block-of-flats projects completed in Lekki, Victoria Island, or Ikoyi. 3. Proof of Funds -- bank statements or financing letters demonstrating capacity to fund a project of this scale (estimated construction cost ₦600M -- ₦900M+). 4. Preliminary Concept Note -- initial design, unit mix, and timeline aligned with the 20-unit proposal. 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. - Verification of the title at the Lagos State Lands Bureau. Ideal Partner Profile: - A reputable real estate development firm with a proven track record in mid-rise residential projects. - Strong financial capacity and ability to fund construction without sole reliance on off-plan sales. Freedom Way, Lekki JV -- 1,080 SQM, 20 Units Proposed, ₦1.8B Land Value, ₦100M Premium, 50:50 Sharing. A highly viable and transparent partnership opportunity. Direct mandate -- serious developers with capacity and track record only.
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