Prime 960SQM Land

"An attractive Joint Venture (JV) opportunity involving a 960sqm parcel of land with two existing duplexes in the highly sought-after Lekki Phase 1 neighbourhood. The proposed development comprises a total of 16 residential units, combining two-bedroom apartments and three-bedroom maisonettes. The arrangement includes a premium payment and temporary relocation of the landowner within Lekki Phase 1 for the duration of the project, pending completion. Property Details Location: Lekki Phase 1, Lagos State Land Size: 960sqm Existing Structures: 2 Duplexes Title: Certificate of Occupancy (C of O) --- Original Allottee Stated Land Value: ₦1,500,000,000 (₦1.5 Billion) Proposed Development 12 Units of 2-Bedroom Apartments 4 Units of 3-Bedroom Maisonettes Total: 16 Residential Units Joint Venture Terms Land Value: ₦1,500,000,000 Premium: ₦120,000,000 Landowner Relocation: The landowner is to be temporarily relocated within Lekki Phase 1 pending completion of the project. Sharing Ratio: To Be Determined (TBD) Facilitators' Fee: 10% of the total land value --- ₦150,000,000 Opportunity for Developers This opportunity is suited to developers seeking to deliver a multi-unit residential project in Lekki Phase 1, with a proposed mix of apartments and maisonettes designed to serve the area's residential market. The development configuration and unit yield are subject to feasibility assessment, planning approvals, and mutually agreed JV terms." 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