Land joint venture
Banana Island, Ikoyi, Lagos
*joint venture in banana island*
*size*: 4,947.766sqm
vacant land in a residential area of banana island, ikoyi, lagos.
*value*:- #4m/sqm
*title*:- c of o.
*proposal*:- flats/maisonettes and penthouses on 6 floors. proposal with animations available on request.
*facilitator's fee*:- 10% of total land value.
*premium* = nil
*sharing*= 50:50
our intention is to develop the landed property, to design, build and finance the 18 luxurious dwelling types of
3 bedrooms apartments *(6 units)*
5 bedroom penthouses *(6 units)*
5 bedroom maisonettes *(6 units)*
we are proposing that proceeds from the sale of the 2 blocks on 5 suspended floors will be shared 50:50
*projected revenue*
$6m/pent, (600sqm each)..
$4m/maisonette (400sqm each) and
$2m/aparments (200sqm each)
30% discount for off-plan sales.
*procedure*
*a. before inspection:*
- letter of intent
- letter of facilitators fee
- company's profile
nb: now no premium again. usd$2m premium is off now.
*b. after inspection:*
- detail preliminary proposals
- proof of funds
- past projects details
- jv agreement
- payment of facilitators fee
pas/lek/don/26
...
More details
₦4,000,000
Bentol Home Plus
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