Mixed-use land joint venture
Akin Adesola, Victoria Island (VI), Lagos
*lovely joint venture opportunity -- victoria island, lagos*
we are pleased to present a prime 1,270 sqm parcel of land on akin adesola street, victoria island, lagos, available for a 50:50 joint venture partnership.
*key highlights:*
location: core vi commercial/residential corridor (akin adesola street).
land size: 1,300 sqm.
title: land certificate (verifiable).
valuation: ₦4b for jv purposes).
facilitator fee: 10% of land value (₦400 million).
proposed structure: 50:50 equity split between landowner and developer.
*development concept (proposed):*
14 floors total (ground + 13 upper floors).
ground + 1st floors dedicated to parking.
upper floors adaptable for:
premium residential apartments (1--3 bedrooms, penthouses).
mixed-use layouts (office, retail, or serviced apartments, subject to planning).
boutique hotel option (operator dependent).
indicative capacity: ~80--110 residential units (subject to planning, far, and final design).
parking: provision for ~60--72 vehicles.
*partnership expectations:*
we are seeking a credible development partner with:
proven track record in lagos/victoria island.
access to construction finance and sales/marketing channels.
ability to mobilize a technical team and secure approvals promptly.
*next steps:*
- submit loi
- developer prof...
More details
Added Today
₦4,000,000,000
Newyork Homes
08032709251