Joint Venture: Land, Foreshore Estate, Osborne, Ikoyi, Lagos | Nigeria Property Centre (Ref: 625962)

Land

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Property Description

Joint Ventures:

Location:Osborne Scheme Phase-2,Ikoyi

Size:2,917Sqm of Water front land

Value:800m

Title:Federal C of O

Proposal:12 units of Semi Detached duplex units with Swimming Pool & Play area

Sharing Formula:50/50

Facilitators Fees:20m Last Price

Design and Development Permits - Design has been completed. In principle development permit secured. Bill of Quantities have been prepared.

JV Agreement - Agreement has been finalized with land owner.
Development Cost - Estimated at N 500 million. Development can be executed in phases
Sales Price per unit - N120 million

This deal is ready go, no long negotiations, all developer needs to do is show track record of similar projects executed and financial capacity to execute the project.

Only Serious Enquiries Please.


Property Details

Property Ref: 625962Added On: 20 May 2020Last Updated: 05 Jun 2020
Market Status: AvailableType: Residential LandTotal Area: 2,917 sqm

 Foreshore Estate, Osborne, Ikoyi, Lagos

Interested in this property?

Call 0816 XXXX Show Phone
This agent can only be contacted via phone.
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