Flexible 10000sqm Premium Joint Venture Opportunity

FLEXIBLE JOINT‑VENTURE OPPORTUNITY
Overview
An extraordinary JV land opportunity on the Lekki Foreshore in Lekki Phase 1 --- one of Lagos's most coveted corridors. This opportunity is structured for serious developers ready to move fast: waterfront location, Lagos C of O, planning approval up to 7 floors, and flexible engagement in scalable lots.

Key facts at a glance
- Location: Lekki Foreshore, Lekki Phase 1 --- immediately adjacent / sharing boundary with Orange Island
- Minimum JV parcel: 1 hectare (10,000 sqm) --- engagements may be in multiples of this plot size
- Title: Lagos Certificate of Occupancy (C of O) --- bankable and transaction‑ready
- Planning: Approval for up to 7 floors --- accelerates permitting and construction planning
- Product mix accepted: Residential and Commercial JV schemes (or blended mixed‑use)
- Land valuation for JV structuring: ₦800,000 per sqm (basis for equity/share calculations)
- Premium: Nil --- no premium required from the developer
- Facilitator fee: 10% (to be settled as agreed on close)

Why this is unmissable
- Foreshore advantage: Waterfront proximity commands premium pricing, exclusive views and exceptional marketability for luxury residential, serviced apartments, boutique hotels and high‑end commercial uses.
- Strategic adjacency: Sharing boundary with Orange Island enhances exclusivity, accessibility and cachet for buyers/tenants.
- Scale & flexibility: Minimum 1 hectare gives meaningful density economics --- develop at scale or acquire multiples to optimise returns.
- Permitted density: 7‑floor approval significantly reduces entitlement risk and shortens time to market.
- Clean title: Lagos C of O supports financing, pre‑sales and institutional partnerships.
- No premium: Owner is offering the land for JV without upfront premium --- ideal for developers seeking land‑efficient models.

Recommended JV structures (examples)
- Equity split: Landowner contributes land (valued at ₦800k/sqm) and developer funds construction --- profit split to be negotiated.
- Revenue share: Developer manages construction & sales/letting; net proceeds shared per agreed ratio.
- Build‑to‑sell or build‑to‑let: Flexible exit strategies depending on market appetite and pre‑sale/offtake options.Specific sharing formula and commercial terms to be agreed at Heads of Terms.

Development potential & market fit

- Luxury waterfront residences & penthouses --- premium yields and resale values
- Serviced apartments / boutique hotel targeting short‑stay high‑net‑worth and expatriate demand
- Mixed‑use podiums with retail/ F&B and professional offices --- capture daytime and leisure footfall
- High‑yield rental blocks for corporate and expatriate accommodation

Commercial mechanics & fees

- Land valuation for JV calculations: ₦800,000 per sqm (used as base land value)
- Facilitator fee: 10% --- payable on agreed milestone (negotiable timing/structure)
- Premium: Nil --- landowner requires no upfront premium from developer

Process & next steps (closeable, rapid engagement)

1. Register expression of interest with brief company profile and proof of funds or funding partner.
2. Sign NDA to receive full data room (C of O, survey, approvals and site plans).
3. Schedule site inspection and preliminary concept meeting.
4. Submit developer proposal (commercial model, delivery timeline, sharing formula).
5. Negotiate Heads of Terms, execute JV Agreement, commence project mobilisation.

Serious, qualified developers and institutional partners only --- this is a closeable, time‑sensitive opportunity.

Contact
For full documentation, site visit arrangements and to submit your JV proposal, contact us now. Provide proof of interest/funding to access the data room and move straight to negotiation.
#daka