Residential land joint venture
Katampe (Main), Katampe, Abuja
️ joint venture opportunity -- katampe main, abuja
we present a premium joint venture (jv) residential land opportunity strategically located in katampe main, a prime and highly sought-after residential corridor in abuja, close to bon hotel.
location: katampe main, abuja
landmark: bon hotel
land size: 2,800 sqm
land use: residential
title: certificate of occupancy (c of o)
ground rent: fully up to date
land valuation: ₦800,000,000
jv premium: ₦100,000,000 (fully refundable, subject to jv terms)
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jv structure
sharing formula:
- land owner -- 45%
- developer -- 55%
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financial details
- developer pays 10% development contribution
- land owner refunds 5% to the developer (as agreed under the jv structure)
- developer handles development from ground up, subject to agreed scope
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why this deal makes sense
prime katampe main location
close proximity to bon hotel
large land size suitable for premium residential development
secure
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₦800,000,000
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