Mixed-use land joint venture
Land Measuring 1,030SQM Land
"An exceptional and immediately actionable Joint Venture (JV) opportunity is available in the prestigious Parkview Estate, Ikoyi, offering developers an attractive opportunity to deliver a premium residential development in one of Lagos's most desirable neighbourhoods. Situated on approximately 1,030sqm of land, the property is available for a 50/50 Joint Venture arrangement, with the landowner open to development proposals. The preferred concept is a residential block comprising 16 units of 3-bedroom apartments with Boys' Quarters (BQ), subject to feasibility studies and relevant planning approvals. With a land valuation of ₦3 billion and a landowner available for immediate negotiations and conclusion, this opportunity is particularly attractive to developers seeking a premium residential project in Ikoyi. Property Details Location: Parkview Estate, Ikoyi, Lagos Land Size: Approximately 1,030sqm Title: Governor's Consent Transaction Type: Joint Venture (JV) Land Valuation: ₦3,000,000,000 Sharing Formula: 50/50 Premium: ₦100,000,000 Facilitator's Fee: 10% of Land Value (₦300,000,000) Landowner's Availability: Ready for Immediate Negotiations and Conclusion Proposed Development Residential Block of Flats Preferred Development: 16 Units Apartment Configuration: 3 Bedrooms with BQ per Unit Alternative Development Proposals Welcome Final Development Subject to Feasibility and Statutory Approvals Investment Potential This JV opportunity is ideal for experienced real estate developers and investment firms seeking to develop premium residential apartments in Parkview Estate, Ikoyi. The proposed 50/50 sharing structure, flexibility in development proposals, and landowner's readiness to conclude negotiations present an attractive opportunity for developers with the financial and technical capacity to execute a high-value residential project. Joint Venture Terms Land Value: ₦3,000,000,000 Sharing Ratio: 50% Landowner / 50% Developer Premium: ₦100,000,000 Facilitator's Fee: ₦300,000,000" For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate
