Residential land joint venture
Cameron Road, Ikoyi, Lagos
This joint venture (jv) proposal outlines the opportunity for a strategic partnership to develop a prime property
located on cameron road, ikoyi ---one of lagos' most prestigious and sought-after locations.
this opportunity is
exclusively available to real estate developers with a proven track record of excellence, financial capability, and
history of delivering high-quality developments.
2. property overview
- location: cameron road, ikoyi, lagos.
- size: 2,316.24 square meters.
- current market value: ₦2,500,000 (two million, five hundred thousand naira) per square meter.
- total valuation: ₦5,790,600,000 (five billion, seven hundred and ninety million, six hundred thousand naira).
- title: lagos state c of o.
- zoning: the property is zoned for medium residential density at 80 units per hectare or as advised by
regulatory authorities.
- premium requirement: the landowners are requesting a premium of ₦100,000,000 (one hundred million
naira) as part of the jv agreement.
3. development potential
given its strategic location, the property is well-suited for a high-end residential development, leveraging ikoyi's
prime real estate market. proposed development concepts may include multistorey high-end serviced apartments.
4. developer qualification criteria
only developers with the requisite pedigree will be considered. to qualify, interested parties must demonstrate:
- a proven track record of successfully completed luxury/mixed-use developments in prime locations.
- financial capability and access to funding.
- strong project execution capacity and expertise backed by a team of architects, registered engineers,
and project managers reputed for quality and timely delivery.
- a commitment to delivering high-quality developments that align with ikoyi's prestige.
- a willingness to submit a detailed development proposal, including architectural concepts, financial
projections, and execution timelines.
- deep understanding of the luxury real estate market in lagos and the ability to execute a successful sales
and marketing strategy.
- a strong reputation for integrity, professionalism, and adherence to contractual obligations.
5. submission of interest
interested developers are required to submit an expression of interest (eoi) detailing:
- company profile and track record.
- details of past and ongoing projects.
- financial capability statement.
- references from previous clients and/or partners
- proposed development concept (design/ 3ds) and business model.
- proposed jv structure and partnership terms.
-
- 10% facilitator's fee letter (negotiable).
contact info:
call wendy on 09064241606 or whatsapp 08055629690 for further information and to schedule a private viewing.
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More details
₦5,790,600,000
Nesiva
09064241606
