Residential land joint venture
Sangotedo, Ajah, Lagos
Groundbreaking jv opportunity:
25 hectares prime land opposite crown estate, sangotedo
unlock ₦27.5b+ development potential - govt c of o secured - 2 units/plot flexible
core offering
landowner partnership: jointly develop 25 hectares (500 plots × 500sqm) in sangotedo's golden corridor -- directly facing crown estate's luxury enclave.
jv terms at a glance
parameterdetails
land value₦55m/plot (total land value: ₦27.5 billion)
titlegovernment allocation + c of o (litigation-free, bankable)
development density2 units/plot standard (negotiable for mixed-use/towers)
profit sharingtbd -- structured to favor active capital partners (e.g., 60:40 split)
facilitator fee10% (negotiable based on project scale)
projected financial upside
conservative roi model (based on sangotedo 2024 metrics):
- per-plot investment: ₦55m (land) + ₦70m (construction) = ₦125m total
- revenue/plot: 2 units × ₦120m/unit = ₦240m
- gross profit/plot: ₦115m (92% roi)
- total project profit: ₦57.5 billion (500 plots)
note: crown estate adjacency commands 30% premium valuations (source: knight frank).
location supremacy: opposite crown estate
- address: sangotedo, lagos (lekki-epe expressway axis)
- strategic advantages:
- 5 mins to pan-atlantic university
- 8 mins to novare mall & shoprite
- 15 mins to awoyaya industrial hub
- demand drivers: overflow demand from crown estate residents dangote refinery executive housing shortage lagos' fastest land appreciation (35% yoy)
️ development flexibility
approved options:
1. luxury mid-rises: 8-floor residences (24 units/plot achievable)
2. gated community: townhouses + amenities (clubhouse, pools)
3. mixed-use hub: retail podium + serviced apartments
4. corporate suites: short-let apartments for refinery staff
infrastructure advantage:
- existing road networks
- easy drainage connectivity
- grid power access
jv structure & next steps
phase 1: landowner contribution
- provides titled land (govt allocation + c of o)
- handles statutory approvals (planning permits, eia)
phase 2: capital partner commitment
- funds construction/branding
- manages sales/leasing
process:
1. eoi submission: company profile + financial capacity
2. term sheet: agree on profit share/facilitator fee
3. feasibility study: jointly validate project scope
4. spv formation: dedicated project vehicle
seize this legacy deal!
for developers/institutions only: contact: [your name/company] - [phone] - [email]requirement: proof of liquidity (₦5b+ minimum project capacity)
"this isn't just land---it's a generational wealth engine. partner with us to dominate sangotedo's elite corridor."
key jv incentives
- first-mover advantage: only large parcel opposite crown estate
- exit flexibility: sell developed units or lease for cash flow
- facilitator fee discount: slashed to 7.5% for partners committing to 50+ plots
- title insurance: provided at spv formation
#d...
More details
₦27,500,000,000
The Build Centre Properties
09028190510