Residential land joint venture
Residential Land
Property Details Location: Queens Drive, Old Ikoyi, Lagos Property Type: Joint Venture Land Opportunity Land Size: 3,394 SQM Title: Federal C of O stated Land Value: ₦6 Million per SQM Total Stated Land Value: ₦20.364 Billion Premium: ₦700 Million Facilitators' Fee: 8% Sharing Ratio: To Be Confirmed Proposed Development The proposed development is stated to include: Apartments Maisonettes Penthouses The final development scheme, density, unit mix and applicable planning approvals are subject to confirmation. Zahari's Buyer-Focused View This joint venture opportunity involves a 3,394 SQM parcel on Queens Drive, Old Ikoyi, with a Federal C of O stated. The stated land value is ₦6 Million per SQM, giving a total stated land value of ₦20.364 Billion. A premium of ₦700 Million and facilitators' fee of 8% are also stated. The sharing ratio is yet to be confirmed. Prospective development partners should establish the agreed commercial structure, proposed development parameters, planning requirements, title documentation and all associated transaction costs before entering into the joint venture agreement. Financial Details Land Size: 3,394 SQM Land Value: ₦6 Million per SQM Total Stated Land Value: ₦20.364 Billion Premium: ₦700 Million Facilitators' Fee: 8% Sharing Ratio: To Be Confirmed For Enquiries Call/WhatsApp: +234 907 301 3359 Website: www.zaharihub.com