Land joint venture
Prime 1,600SQM Land
"An exceptional Joint Venture (JV) opportunity involving 1,600sqm of prime land strategically located in Oniru, Victoria Island, Lagos. The property offers developers an opportunity to undertake a premium high-rise residential development in one of Lagos's desirable residential and commercial districts. The proposed development comprises an 8--12-storey luxury residential building with approximately 24--48 units, structured under a 50/50 joint venture arrangement with no upfront land premium. Property Details Location: Oniru, Victoria Island, Lagos Land Size: 1,600sqm Title: Certificate of Occupancy (C of O) Land Valuation: ₦2,600,000,000 (₦2.6 Billion) Property Type: High-Rise Residential Development Opportunity Proposed Development Building Configuration: 8--12 Floors Residential Units: Approximately 24--48 Luxury Apartments Entrance Lobby: Proposed Podium Parking: Proposed Generator House: Proposed Recreational Deck: Proposed The proposed development configuration is subject to feasibility studies, planning approvals, and applicable building regulations. Joint Venture Terms Sharing Ratio: 50/50 Land Premium: None (₦0) Facilitator's Fee: 10% Facilitator's Fee Amount: ₦260,000,000 Investment Opportunity This JV presents an attractive opportunity for experienced developers seeking to deliver a substantial luxury residential project in Oniru without the requirement of an upfront land premium. With a stated land valuation of ₦2.6 billion, a Certificate of Occupancy, and a proposed 50/50 sharing structure, the property offers a foundation for a high-value residential development, subject to due diligence and mutually agreed terms. Inspection strictly by appointment." For more Information, Pricing and Private Viewings Please Contact: Ebun: 07048089358 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate