4570 Square Meters Of High End Waterfront Land For Jv
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Property Description
*JOINT VENTURE -- BANANA ISLAND, IKOYI*
Location: Zone J5, Banana Island Estate, Ikoyi
Size: 4,570sqm Waterfront Land (Fenced and Gated)
Title: Federal C of O
Land Value: $12 Million
Proposal: 60 Units of Classic Apartments
Sharing Formula:
- Owner -- 40%
- Developer -- 60%
Premium: $1 Million
Facilitator Fee: 10% (Payable Upon Signing -- No Drama)
Closable. Bring your developer before you hear it's gone.
*Key Notes on the JV Proposal*
1. The land comes with a valid Federal C of O.
2. Owner wants two towers (high-rise) in the mixed-use zone -- no height restrictions.
3. Preferred Contractors: Elalan or Gcappa only (Non-negotiable).
4. Developer to obtain all government building approvals (none obtained yet).
5. Developer must submit a written proposal after inspection, covering:
- Building Type
- Construction Cost
- Sharing Formula
6. Proof of Funds (POF) is required -- submit to the owner's email.
7. Meeting with the Owner follows immediately after proposal and POF submission.. Goodyin
Merci
08033439035
Property Details
| Property Ref: 2970628 | Last Updated: 12 Jul 2025 | Market Status: Available |
| Type: Residential Land | Total Area: 4,570 sqm | Covered Area: 4,570 sqm |
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 sophisticated handcrafted artefacts from all over Nigeria are among the works on display at The National Museum, which is located on Onikan Road in Ikoyi.
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 record of academic success.
Read the full area guide for Ikoyi, Lagos.
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Disclaimer
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71 Community Road Ago Okota, Lagos, Ago, Okota, Lagos, Nigeria
0813 XXXX Show Phone
+2348137964976
Registered 3 years ago
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