Residential Land Available

Joint Venture Development Brief 6,200 SQM eleko expressway We are seeking an experienced and financially capable developer for a premium residential Joint Venture on approximately 6,200 sqm of dry land with Governor's Consent, strategically located on Eleko Expressway. Development Preference The Landowner is seeking a premium, low-density residential development comprising:

• Semi-Detached Duplexes
• Premium Terraced Duplexes
• Quality internal infrastructure
• Landscaped communal spaces
• Secure gated environment
• Premium architectural finishes

Proposed Development Options Option 1: 16 units

• 8 Semi-Detached Duplexes
• 8 Premium Terraced Duplexes

Option 2: 20 units

• 8 Semi-Detached Duplexes
• 12 Premium Terraced Duplexes

The final unit mix is open to optimisation based on the developer's architectural and financial feasibility. Landowner's JV requirement The Landowner is seeking: ₦100,000,000 upfront cash consideration Plus Equity participation in the development The equity component structured as:

• Defined completed units

Value of 800M Gov Consent in View Developers are invited to submit their best commercial proposal. Developer responsibilities The selected developer will be expected to provide:

• Full development funding
• Architectural and engineering design
• Planning and statutory approvals
• Construction and infrastructure
• Project management
• Marketing and sales
• Estate management setup
• Professional consultants
• Clear development timeline
• Transparent financial reporting

Developer submission Interested developers should provide: 1. Company profile and track record 2. Evidence of completed residential developments 3. Proposed architectural concept/unit mix 4. Development budget 5. Construction timeline 6. Projected selling prices and GDV 7. Proposed ₦100M upfront + equity structure 8. Landowner's proposed equity/units 9. Developer's expected return 10. Proposed JV structure and commercial terms 11. Evidence of financial capacity to execute the project Preferred partner Preference will be given to developers with a strong track record in premium residential development, proven financial capacity, quality construction standards and a credible sales platform. The Landowner is prioritising value creation and premium positioning over maximum unit density. Fee 10% Please Note Direct Developer or Direct Agent to Developer Premium is negotiable Owner is Ready to close Kemi