Residential land joint venture
20, 000 SQM Land
Joint venture opportunity Premium Waterfront Development Site -- Veritas Island by Orange Island, Lekki Phase 1, Lagos a 50/50 Joint Venture Opportunity Location: Veritas Island by Orange Island, Lekki Phase 1, Lagos. Land Size: 20,000m² (Available in 10,000m² Lots) Title: Lagos State Certificate of Occupancy (C of O) Investment Highlights Total Land Value: ₦20 Billion Land Rate: ₦1,000,000 per m² Premium: ₦500 Million per 10,000m² Joint Venture Structure: 50/50 Profit Sharing Development Height: Maximum G+2 (Ground Floor + 2 Upper Floors) Facilitator's Fee: 10% of the Land Value, payable in cash, completed units, or a combination of both. Why This Opportunity Stands Out Prime Waterfront Address Veritas Island by Orange Island is one of Lagos' most prestigious waterfront locations, offering exceptional long-term capital appreciation and strong market demand. No Outright Land Purchase Develop through a 50/50 Joint Venture structure. The developer pays the agreed premium, funds the development, and shares the completed project in accordance with the JV agreement. Infrastructure Advantage The landowner provides the primary infrastructure, including roads and Independent Power Plant (IPP), while the developer focuses on internal development and construction. Secure & Bankable Title The property is covered by a Lagos State Certificate of Occupancy (C of O), making it suitable for financing, institutional investment, and mortgage-backed sales. Proof of Funds (POF) Proof of Funds is required before inspection, release of due diligence documents, and commencement of negotiations. Contact n.e.w.s Realty Limited Email: [email protected] [email protected] WhatsApp / Call: +234 813 714 3886 +234 813 743 9166