Residential land joint venture
Mixed-use land joint venture
Equity Partner Needed for This 3932SQM Land in a Strategic Location
About this property
Joint Venture Opportunity on Clover Road Ikoyi, Lagos State. We are seeking an equity partner/investor to participate in the development of a prime property on Glover Road, Ikoyi, Lagos. Property Details * Land Size: 3,932 sqm * Land Value: Estimated market value of ₦4,500,000/sqm * Title: Lagos State Certificate of Occupancy (C of O) * Premium: Nil * Planning Approval: Approved * Development Capacity: 17 Floors * Proposed Development: Luxury Block of Flats * Current Status: Piling completed * Survey: Available and will be provided * Preferred Contractor: Grade a; itb, Hightech, Kappa & D'alberto, Eko Development contractors etc. Equity Partnership Structure We are looking for an equity partner to provide development funding for the project. The investor will contribute equity into the Joint Venture, and their ownership/equity stake will be determined proportionately based on the amount contributed relative to the total project development cost. In simple terms: Investor Contribution ÷ Total Project Cost = Investor Equity Share The investor's equity participation will be formally documented within the JV structure, with returns and ownership rights tied to the agreed equity percentage. Agency Fee: 10% Net This is a direct and closeable JV opportunity for investors, developers, or investment groups with the capacity to fund a high-rise residential development in Ikoyi. This is an equity-based joint venture. The land at glover has an existing piling on it and an existing design .... You have to be able to build this kind of structure before there will be an inspection . Are you up for it?
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Property details
Area guide — Ikoyi
Interesting Facts
You may be aware that Lagos was once the Nigerian government's capital, but did you know that between 1966 and 1991, Ikoyi served as the seat of the Federal Government of Nigeria?
Leisure and Shopping
Awolowo Road is home to the majority of Ikoyi's shopping malls. A high street with upscale shops and boutiques, privately owned businesses, cyber cafes, and so on can be found here.
Popular Estates
If you ask anyone in Lagos State to name a popular estate, Parkview Estate or Osborne Foreshore Estate will undoubtedly come up. Apart from being peaceful, these estates also have excellent security and infrastructure.
Day Life
You can learn about Nigeria's history and meet and interact with knowledgeable artists and curators at the museum. The bullet-riddled car from Murtala Muhammed's assassination, ancient royal crowns, carved ivory, and sop...
Night Life
Ikoyi is one of the most popular nightlife areas in Lagos, with clubs and bars catering to a wide variety of tastes and lifestyles. At night, Awolowo Road in Ikoyi has some of the city's best-known nightclubs.
Schools
Aside from the corporate world and leisure pursuits, Ikoyi is home to a number of prestigious and well-known primary and secondary schools. These schools have excellent infrastructure and ambiance, as well as a track rec...
Read the full area guide for Ikoyi, Lagos
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