Mixed-use land joint venture
Bourdillon Road, Ikoyi, Lagos
*joint venture, ikoyi*
location: bourdillon road, ikoyi
land size: 4,417.598sqm
land value: ₦3.8m/sqm
land title: fed c of o
proposal: open
sharing formula: to be discussed
premium: 1.1b
facilitator's fee : 10% of the land value.
elim/alfred
*terms & conditions for joint venture partnership at no 50 bourdillon road, ikoyi, lagos.*
prospective partner: a proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments.
plot size: 4417m2.
title: federal government certificate of occupancy.
value of the land: n4.5m per sqm
type of development: high density/high-rise mix of 50 units
*30 units of 4 bedroom apartment
*16 units of 5-bedroom apartments
*4 units of 5 bedroom penthouse
height: 28 floors or more permissible by lasg building authorities but without crowding...
architects: paradigm/rumis. (developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to paradigm/rumis.)
construction firm: elalan, cappa & d'alberto, etc.
in-house builders will be considered if the standard/portfolio (in ikoyi) matches those of the preferred contractors.
sharing formula: developer 64%landowner 36%
premium: n1.3b net
proof of availability of funds to start & finish the project (eg., bank statement or guarantee or whatever the institution you plan to use).
detailed finishing documents: landowners will provide detailed finishing documents to be applied to their units & common areas if finishing documents by the jv partner is not mutually agreed upon.
facilitators' fee: 10% of land value (ne...
More details
₦16,800,000,000
Temosh Global Properties Ltd
08076902396