Joint Venture Residential Land in Victoria Island (VI), Lagos

1000sqm for joint venture location victoria island value n2.5m per sqm proposal block apartment for enquiries please contact ifeoma on 811 7340 933 08090876...

Joint venture development opportunity -- akin olugbade street, victoria island, lagos 2,491 sqm land value: ₦8 billion approvals & drawings in place for 9-storey luxury apartments potential for mixed-use & up to 15 floors 50:50 sharing facilitator's fee: 5% --- property & jv overview - location: akin olugbade street, victoria island, lagos. - land size: 2,491 sqm. - title: to be verified (c of o / governor's consent expected for vi). - land value: ₦8,000,000,000 (≈ ₦3.21 million per sqm). - current approvals: planning approval and architectural drawings already in place for a 9‑storey block of luxury apartments. - upside potential: site can accommodate mixed‑use development and up to 15 floors (subject to further approvals). - jv sharing formula: 50:50 (landowner : developer). - facilitator's fee: 5% of property value (₦400 million), payable upon jv agreement. --- key highlights - prime victoria island address: akin olugbade street is a well‑regarded residential/commercial street in the heart of vi, close to ahmadu bello way, eko atlantic, and major corporate offices. - approvals & drawings ready: a significant time and cost advantage -- the site already has planning permission and designs for a 9‑storey luxury apartment block. this reduces pre‑development risk and accelerates time to market. - expansion potential: the site can support up to 15 floors and mixed‑use (e.g., ground floor retail, offices, or penthouses), offering flexibility for a higher‑density, higher‑return project. - 50:50 equal partnership: a transparent, balanced jv structure that aligns the interests of both landowner and developer. - reduced facilitator fee: at 5% (compared to the typical 10%), this lowers transaction costs for both parties. --- ️ development vision the existing approvals provide a clear starting point: - current design: 9‑storey luxury apartment building -- likely comprising 2‑3 bedroom flats, penthouses, and high‑end finishes. - potential expansion: with additional approvals, the project could be scaled to: - 15 floors (residential tower). - mixed‑use (e.g., ground floor retail/office + residential above). - increased unit count and higher overall returns. target market: high‑net‑worth individuals, corporate executives, expatriates, and luxury renters/buyers in victoria island. --- location benefits -- akin olugbade street, vi - heart of victoria island: minutes from ahmadu bello way, ozumba mbadiwe, and the entrance to eko atlantic. - prestige address: surrounded by banks, embassies, luxury hotels, and corporate headquarters. - excellent infrastructure: good roads, security, power, and drainage -- a fully developed urban environment. - high demand: luxury apartments in this micro‑location consistently achieve strong occupancy and premium pricing. --- financial structure - land contribution value: ₦8 billion. - developer's role: provide 100% of construction financing, project management, and sales/letting. - profit sharing: 50% landowner / 50% developer -- after recovery of agreed development costs. - facilitator's fee: 5% of land value (₦400 million), typically paid from the landowner's share upon signing the jv agreement. --- next steps for qualified developers interested development partners should submit: 1. letter of intent (loi) -- expressing interest and outlining initial thoughts. 2. company profile -- with verifiable track record of luxury apartment or high‑rise projects in victoria island, ikoyi, or banana island. 3. proof of funds -- bank statements or financing letters demonstrating capacity to fund a project of this scale. 4. source of funds -- for due diligence and compliance. 5. preliminary concept note -- how you would leverage the existing approvals and potentially expand to 15 floors or mixed‑use. due diligence: - upon signing an nda, the facilitator will provide title documents, existing approvals, and architectural drawings for review. - site inspection can be arranged for serious parties. ideal partner profile: - a reputable real estate development firm with experience in luxury high‑rise projects on lagos island. - strong balance sheet and ability to finance construction without relying solely on off‑plan sales. approvals ready. drawings ready. 50:50 partnership. reduced facilitator fee. a streamlined jv opportunity in victoria island. serious developers with island track record only -- proof requir...

Joint venture development opportunity -- off ligali ayorinde street, victoria island, lagos 2,300 sqm fabac close proposed: 10 floors of 3-bed flats & maisonettes land value: ₦7.5 billion --- property & jv overview - location: fabac close, off ligali ayorinde street, victoria island, lagos. - land size: 2,300 sqm. - title: to be verified (c of o / governor's consent expected for vi). - land value: ₦7,500,000,000 (≈ ₦3.26m per sqm). - proposed development: 10 floors comprising 3-bedroom flats and maisonettes with luxurious finishes. - jv structure: landowner contributes land; developer provides 100% construction funding and expertise. sharing ratio to be negotiated. - facilitator's fee: 10% of land value (₦750m), payable upon jv agreement. --- key highlights - prime victoria island address: ligali ayorinde street is a prestigious, low‑density residential/commercial enclave in the heart of vi -- close to eko atlantic, banks, embassies, and five‑star hotels. - high‑rise approval potential: a 10‑floor proposition suggests favourable zoning and significant development density -- ideal for luxury living with skyline views. - luxury unit mix: 3‑bed flats and maisonettes target the high‑end market -- professionals, expatriates, and families seeking premium finishes and space. - selective developer criteria: preference for experienced island‑focused developers who can provide physical evidence of past projects on victoria island, ikoyi, or banana island. --- ️ development vision - a 10‑storey luxury residential tower (or twin block) comprising: - high‑spec 3‑bedroom flats (en‑suite, living/dining, balcony). - maisonettes (duplex units within the building) offering additional privacy and space. - ground floor lobby, parking, gym, pool, and 24/7 security. - backup power, water treatment, and premium finishes throughout. --- location benefits (ligali ayorinde / fabac close) - heart of vi: minutes from ahmadu bello way, ozumba mbadiwe, and the eko atlantic entrance. - secure & serene: a quiet close off a main street -- offers privacy while remaining central. - high demand location: luxury apartments in this micro‑location command top rental and sales values. - nearby amenities: eko hotel, landmark village, banks, restaurants, international schools, and diplomatic missions. --- financial structure - land contribution value: ₦7.5 billion. - developer's role: provide 100% of construction financing, project management, and sales/letting. - profit sharing: to be negotiated based on land value vs. total development cost. - facilitator's fee: 10% of land value (₦750m), typically due from the landowner's share upon jv execution. --- submission requirements for interested developers qualified developers must submit: 1. letter of intent (loi) -- outlining interest and high‑level approach. 2. company profile -- including track record and physical evidence of past luxury projects on victoria island, ikoyi, or banana island (addresses, photos, completion certificates). 3. proof of funds -- bank statements or facility letters showing capacity to finance a development of this scale. 4. source of funds -- documentation to satisfy anti‑money laundering and due diligence requirements. 5. preliminary concept note -- initial thoughts on design, unit mix, timeline, and jv structure. --- ️ critical notes - preference given to developers with verifiable island experience. no exceptions. - land title and ownership will be verified during due diligence after a signed nda. - facilitator is mandated -- agency fee agreement required before full disclosure. ideal partner: a reputable real estate development firm with a portfolio of luxury high‑rise projects in lagos's prime postcodes. this is a high‑value, high‑calibre jv opportunity. serious, qualified developers only -- with proof rea...

*joint venture* *land measuring 2300sqm for jv off ligali ayorinde street victoria island* *building proposition*; *10 floors of 3 bedroom flats maisonette with luxurious finishing* *note-developers with experience and competence with past jobs on the island alone will be given preference and will provide physical evidence of the past jobs*. *loi* *proof of funds and source of funds are critical considerations* *land value - #7.5bill* *premium -tbd* *facilitator's fee @ 10% of land value* #...

For lease. a detach house with massive bungalows. land size:- 1900m2 agt.james- ikoyi location:- tiamiyu savage off ahmadu bello way victoria island. renyears upfront payme...

_*exclusive joint venture opportunity_ prime development land -- didelolu estate, victoria island, lagos_* _*project overview*_ a rare opportunity to partner on a high-value development in the heart of victoria island. this 4,950 sqm landholding within the secure didelolu estate is positioned for a premium luxury apartment project targeting high-net-worth buyers and expatriates. _*key details*_ - _*land size*:_ 4,950 sqm - _*land value*:_ ₦2,000,000 per sqm - _*total land value*:_ ₦9,900,000,000 - _*title:* verifiable lagos state title - _*location advantage:* didelolu estate, victoria island -- central to business, diplomatic missions, 5-star hotels, and waterfront amenities. - _*development proposal*:_ luxury apartments -- design to be agreed with jv partner. _*jv structure*_ - _*sharing formula*:_ to be determined, based on developer's proposal and equity contribution. - _*premium*:_ ₦100,000,000 payable to landowner. - _*agency fee:* 10% _*engagement procedure*_ 1. submission of company profile 2. letter of intent (loi) + facilitator's fee 3. guided site inspection 4. direct meeting with property owner for terms negotiat...

Joint venture at victoria island* land size:- 565sqm. *land value: n1.4bn* premium:- n100m title: c of o (82yrs residue) proposal: luxury block of residential flat's and/or maisonettes sharing formula: 50/50 facilitator's fees: 10% send in developer's company profile, pof, loi. *inspection is free of char...

Land available for jv. development preferred is luxury high rise flats. land title is certificate of occupancy. premium is not required. land size is: 2,372 ...