Residential land joint venture
Alfred Rewane, Old Ikoyi, Ikoyi, Lagos
Joint venture along alfred rewane*
land size: 3,700m²
value: n8 billion
facilitator fees: 10 percent non negotiable
please read the information below:
1. the property currently features a design for 15 stories mixed-used development which has been approved by the lagos state government. however, we understand that kingsway road ikoyi now has a zoning permit for the construction of up to 30 floors. we believe more floors would give economies of scale for the property and should be explored.
2. additionally, apart from the land itself, the owner has settled all lagos state government fees for building approvals.
3. the piling process has been completed and the owner has paid all professional consultants' fees for structures, architectural design, qs, m and e, as well as project management. the fee for regularization has also been paid and in the owners possession are both fgn and lasg certificates of occupancy.the owner does not intend to contribute further funds to the project unless absolutely necessary. the owner has also advised that he would expect credits for equity on the land's current value in addition to the expenses captured above, plus goodwill.
land title
1. fgn
2. lasg c o...
More details
₦8,000,000,000
The Build Centre Properties
08144550891