Residential land joint venture
Bourdillion Road, Ikoyi, Lagos
Terms & conditions for joint venture partnership
prospective partne: a proven capable financier & developer for the construction of high density/high-rise top notch luxury apartments.
plot size: 2281sqm
title: federal government certificate of occupancy.
value of the land: n2.3m/sqm
type of development: high density/high-rise mix of 30 units of contemporary top luxury 4-bedroom maisonettes including 6 units 4/5-bedroom penthouses with modern facilities & amenities.
height: permissible height by physical planning authorities.
architects: paradigm/rumis. (developers may present their designs but if both parties disagree on the designs, it will be outsourced to paradigm/rumis.)
construction firm: elalan, cappa & d'alberto, al mansour, etc.
in-house builders will be considered if the standard/portfolio (in ikoyi) matches those of the preferred grade a contractors.
sharing formula: developer 65%/landowner 35%.
premium: n600m (deductible upfront from landowners' share)
mil...
More details
₦5,246,300,000
Blaise & Baylon Realty.
+2348169609344