Residential land joint venture
Fadeyi, Yaba, Lagos
*talking to the mandate directly*
* prime joint venture (jv) opportunity -- close to fadeyi bus stop, yaba, lagos *
*direct brief* serious developers only.
a rare opportunity to partner on a high-yield residential development in a prime, fully built-up area of fadeyi yaba lagos.
location
prime environment very close to fadeyi bus stop,
nnpc fadeyi, yaba, lagos.
central
high rental demand
excellent accessibility
land details
land size: 1,477 sqm
title: certificate of occupancy (c of o)
land value: ₦740 million (₦500,000 per sqm)
️ development proposal
development of two (2) units of blocks of flats
each block to be fully self-contained and market-ready
jv structure (win--win)
sharing formula: 50% / 50%
developer: takes 1 complete block of flats
land owner: takes 1 complete block of flats
capital investment: developer handles construction cost
land contribution: provided by land owner
facilitation
facilitator's fee: 10% (backed up by a letter before engagement with the owner)
procedures for closure
letter of interest (loi) by developer
site inspections
architectural concept & development proposal
agreement on building specifications
* why this jv is attractive*
prime fadeyi yaba location
clear 50/50 asset split
high rental & resale value
secure title (c of o)
fully built-up neighbourhood
#v(t)...
More details
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₦740,000,000
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