Land joint venture
4, 417.598 SQM Prime Land Available
JV opportunity Experienced real estate developers and joint venture partners are invited to collaborate on a landmark luxury residential tower project in one of Lagos' most prestigious addresses. The project is located on Bourdillon Road, Ikoyi, Lagos. Key Site Details: Land Area: 4,417.598 sqm Title: Federal Certificate of Occupancy (C of O) Prime Bourdillon Road frontage Proposed Development: 27-floor luxury residential tower (approx.) 50 premium residential units: + 30 × 4-Bedroom Apartments + 8 × 5-Bedroom Apartments + 8 × 5-Bedroom Maisonettes + 4 × 5-Bedroom Penthouses Luxury lifestyle amenities: + Swimming pool + Padel courts + Gymnasium + Residents' lounge + Drivers' lounge + Children's play area (subject to final design) + Approximately 150 parking spaces Planning Parameters: High-density residential zoning Maximum permissible height: approximately 35 floors (110m) Maximum site coverage: 60% Capacity for approximately 66 residential units under current planning regulations Proposed Commercial Structure: Joint Venture development Landowner allocation: 36% (18 units) Developer allocation: 64% (32 units) Developer to finance design, approvals, construction, and project delivery Target construction period: 36 months Ideal Development Partner: Expressions of Interest are invited from developers with: Proven experience delivering luxury high-rise residential developments Strong financial capacity and access to project finance Experience executing projects in Ikoyi, Victoria Island, or comparable premium markets * Institutional governance and established project delivery capability