Closeable Joint Venture 1101.29 Sqm
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Property Description
*GENUINE JOINT VENTURE INSIDE ILUPEJU ESTATE.!!!*
*LAND SIZE* : 1,101. 29 Sqmtrs.
*LOCATION* : Olutunda Street Off Coker Road, Ilupeju Estate. Lagos
*Nice Location for the developer*
*LAND VALUE* : #500Million
*TITLE* : C of O.
*PROPOSAL / SHARING FORMULA* : Units of block of flats for the Family AND Investor with their own (ROI) proposal.
*PREMIUM* : 40 million *(The ratio pattern will be 60 percent to the developer & 40 percent to the land owner, but if the Premium is NIL - the ratio pattern will be 50 : 50)*
*FACILITATORS FEE :* 10%.
*PROCEDURES*: Letter of intent.
Company Proposal and letter of acceptance of Facilitators fee of 10% of the value of the land.
Property Details
| Property Ref: 2899184 | Added On: 01 Jun 2025 | Last Updated: 01 Jun 2025 |
| Market Status: Available | Type: Land | Total Area: 1,101 sqm |
Interesting Facts
Are you aware that Indians dominate Ilupeju? This is why the area is known as "Indian Village." They are drawn to Ilupeju because it is a well-planned, tranquil, and structured community. The blend of Indian and Nigerian cultures has made the Ilupeju region more pleasant, warm, and welcoming throughout time.
Leisure and Shopping
Ilupeju inhabitants have easy access to shopping centres and groceries. SPAR, the well-known supermarket chain, has an outlet nearby. Zartech Limited sells frozen food like Chicken and Fish. Other places to shop for home supplies are Bazaar Supermarket and Number 1 Supermarket.
Popular Estates
Ilupeju has become one of the most tranquil and pleasant communities in Lagos as a result of the mix of Indians and Nigerians that live there. You may feel confident that living in Ilupeju will be a delight. Popular estates to select from include Ilupeju Gardens Estate, Pearl Estate, Illupeju Court, and Ilupeju Industrial Estate.
Day Life
Ilupeju has a plethora of fun activities and locations to visit for its citizens. Shodex Garden and Olotunda Park are both excellent places to unwind. Zaika Ilupeju Indian and Chinese Restaurant specialises in delectable cuisine. Dodan Warriors Basketball Court is readily available to sports enthusiasts.
Night Life
If you are a nightcrawler, you will enjoy the atmosphere, the food, the beverages, and so much more at places like Captains Bar, Bar Enclave, Big Joe Bar, and Salt 'N' Pepper Gold Lounge in Ilupeju.
Schools
Ilupeju is a calm and serene environment; be certain that the schools here are more than conducive to your child’s learning. Enrol your kids in popular schools like Treasure House School, Awesome College, Amville School, Temple Schools, Halcyon International School, Little Saints Montessori School and The Indian Language School.
Read the full area guide for Ilupeju, Lagos.
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4, Fasanya Street,, Fadeyi, Lagos, Nigeria
0906 XXXX Show Phone
+2349068269029
Registered 11 months ago
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