Joint Venture Property in Lekki, Lagos

This property is located in brownstone estate, off kusenla road, ikate elegushi, lekki, lagos, this property enjoys easy access to the lekki-epe expressway and other major routes in the area. it is conveniently positioned close to key landmarks such as elegushi beach, lekki mall, victoria island, and the lekki conservation centre, offering both comfort and accessibility. this 3 bedroom terrace duplex features: -3 bedroom ensuite -2 living rooms -1 study -3 storages on each floor -1 bq -cctv -ipnx internet -very good and functional water treatment system. -gated well secured estate note: the property is not sold with the furniture. title: deed of assignment kindly call for more information and schedule for inspecti...

Joint venture (jv) lekki forshore estate beside orange island lekki phase1, lagos : land measuring 883 sqm in a very prime location with very good title size/sqm : 883 sqm title: very good value: n883m tbd sharing formula: tbd facilitor's fee: 1...

Cwl1361 joint venture development- lekki phase 1 a strategically located corner piece land measuring 1009sqm is available for joint venture development off freedom way, lekki phase 1. the site sits beside a luxurious hotel, placing it in a highly desirable and fast-appreciating corridor---ideal for premium residential development. its corner positioning also allows excellent design flexibility and optimal structuring for a standout project. details location: off freedom way, lekki phase 1 land size: 1009 sqm title: governor's consent land value: ₦1.2 billion jv structure proposal: 4 units of communal fully detached duplexes each on 3 floors with bq sharing formula: 50 / 50 facilitator fee: 10% for more information, pricing and private viewings please contact: rose: +234 814 922 6187 lilian: 09062511340 email: [email protected] website: www.cwlagos.com we are social! check out other fantastic premium listings on our social media platforms ig: @cwrelagos twitter: @cwrelagos facebook: @cwrealest...

Cwl1360 jv development opportunity --lekki phase 1 this prime joint venture opportunity is located off freedom way in lekki phase 1---one of the most sought-after corridors in the area. the location is ideal for residential development, offering strong demand, excellent accessibility, and high investment returns. the land is well-positioned for a modern, high-density apartment project. property details location: off freedom way, lekki phase 1 land size: 1,156 sqm land value: ₦1 billion sharing formula: 50 / 50 premium: none development proposal: block of flats 22 units of 2-bedroom apartments this jv is perfect for credible developers looking to build a profitable residential project in a high-demand neighborhood with strong appreciation potential. for more information, pricing and private viewings please contact: rose: +234 814 922 6187 lilian: 09062511340 email: [email protected] website: www.cwlagos.com we are social! check out other fantastic premium listings on our social media platforms ig: @cwrelagos twitter: @cwrelagos facebook: @cwrealest...

Joint venture opportunity --- prime residential development (50:50) opportunity summary - land size: 1,180 sqm - land valuation: ₦1.8 billion - title: certificate of occupancy (c of o) --- clean and available for verification - proposed scheme: 12 high‑quality units (combination of terraces and maisonettes) - jv structure offered: 50:50 profit sharing (landowner : developer) - premium: ₦80,000,000 payable to the landowner (terms negotiable) why this jv is an exceptional play - institutional‑grade land: c of o title and an already valued land parcel make this transaction finance‑friendly and low‑risk from the land side. - ready project scale: 12-unit scheme on 1,180 sqm is ideal for a boutique gated development --- easy to market to mid‑to‑high end owner‑occupiers and investors. - fair equity split: landowner contributes land as equity; developer provides construction funding and management --- equal 50:50 sharing aligns incentives and simplifies exit. - attractive up‑front premium: the ₦80m premium secures the landowner's commitment and demonstrates the vendor's readiness to transact. - strong demand profile: terraced homes and maisonettes remain high‑demand product types in urban nigeria --- quick sales possible with good design and marketing. suggested jv mechanics (flexible & negotiable) - land contribution: landowner contributes the 1,180 sqm plot valued at ₦1.8bn as equity. - developer contribution: developer funds hard and soft construction costs, sales/marketing and project management. - premium: developer pays ₦80m premium to landowner on signing of heads of terms (or staged as agreed). - cost recovery: developer recovers construction cost and agreed development fee from gross proceeds. - profit split: remaining profit distributed 50:50 between landowner and developer after cost recovery and taxes. - governance: establish a jv/spv, appoint a project manager (developer usually), produce periodic accounts and independent auditor for transparency. - timing: typical delivery window 12--24 months depending on design and approvals; phased sell‑off permitted to improve cashflow. what we recommend including in the heads of terms - clear definition of deliverables and scope (unit mix, spec and finish levels) - detailed costing and cashflow model (prepared by the developer's qs) - payment schedule for the premium and milestone payments (if any) - construction timeline with liquidated damages for delay (if agreed) - exit mechanisms and buy‑out terms (should one partner wish to exit) - dispute resolution and governance arrangements buyer/developer benefits - a bankable land contribution via c of o --- simplifies financing approvals. - balanced risk allocation: developer controls construction risk; landowner retains upside via 50% share. - fast to market: relatively small scheme with strong sellability; opportunity to capture premium pricing with attractive finishes. - flexibility: product mix and specification can be optimised by the development partner to target highest yield segments. due diligence & next steps - site inspection and technical survey (topography, soil test) - legal due diligence on c of o, survey and chain of title (we will provide documents on request) - architectural concept and preliminary cost plan (developer to prepare) - submission of heads of terms / loi by interested developers - execution of spa for land (as needed) and formal jv agreement / formation of spv this is a tightly‑sized, high‑value development parcel with a simple, equitable jv structure. for a competent developer, this project can deliver rapid sales, excellent margins and a straightforward 50:50 partnership. act now to secure first refusal. #d...

*joint venture* land size: 1,000sqm. terrain: very dry land. vgc commercial area lekki, lagos. title: vgc title docs proposal: open sharing formula: 50/50 facilitator's fees: 10% send in developer's company profile, pof, loi premium: ₦20m land value: *₦1b* †¶mμf...

*joint venture development on chevron lekki lagos* *size*: approx. 1065sqm *proposal*: blocks of flats and maisonette. *premium*: nil *title*: global c of o *facilitators' fees*: 10% *land value*: 550m *sharing*: to be discussed ( absolutely non negotiable) been awh...

Cwl1353 direct joint venture -- lekki phase 1 location: off freedom way, lekki phase 1 size: 549.588 sqm land value: ₦1 billion title: governor's consent premium: tbd property description & development scope a strategically located 549.588sqm parcel in the highly sought-after lekki phase 1 corridor, ideal for a luxury multi-unit residential development. the site is perfect for upscale block of flats---two-bedroom and three-bedroom units---with the owner's preference for incorporating maisonette penthouses to maximize value and appeal. located in a prime, fast-appreciating neighborhood with strong rental and resale demand. mou development plan: block of flats (2-bedroom & 3-bedroom units) maisonette penthouse (owner's preference) contractors: credible developers only for more information, pricing and private viewings please contact: rose: +234 814 922 6187 lilian: 09062511340 email: [email protected] website: www.cwlagos.com we are social! check out other fantastic premium listings on our social media platforms ig: @cwrelagos twitter: @cwrelagos facebook: @cwrealest...

Joint venture (jv) location: off freedom way, lekki details: ⫸ prime and highly sought-after location ⫸ ideal for residential development ⫸ proposed structure: block of flats (16--18 units of 2-bedroom apartments) land value: ₦1.5b sharing ratio: 50/50 premium: nil size: 1,156 sqm proposal type: open to developer partnership let's close this before december ...

Joint venture development on freedom way description: corner piece land measuring 1009sqm available for joint venture development at off freedom way location: off freedom way. fantastic location land value: ₦1.2b proposal: 4 units of communal fully detached duplexes on 3 floors with bq facilitator fees: 10% title: consent sharing: 50/50 safekh...

Land available for jv (corner piece) otunba idwou soyege off fire fighter lekki scheme 2 by ilaje bus stop road 27 back of cvilla resort off muiz banire, by abraham adesanya, ajah, le...

*sand filled land available for joint venture development in lekki foreshore freedom way* *description*: 2000sqm bareland just came out in lekki foreshore estate freedom way, in a very strategic location, beside prestigious homes properties *proposal*: owner wants block of flats. two block of flats of 2 & 3 bedroom *sharing*: 50/50 *facilitator fees*: 10% *land value*: 1.6b *title*: consent *status*: sand filled land. strategic position at the heart of lekki foreshore *premium*: ...

Land measuring 549.588 sqm in lekki phase 1, lekki, lagos a prime joint venture (jv) opportunity is available on a 549.588 sqm parcel of land located in a highly desirable area of ikoyi, lagos. this property presents an excellent opportunity for reputable developers to partner with the landowner on a luxury residential project that fits ikoyi's high-end real estate market. the site is suitable for modern apartment blocks with stylish designs, premium amenities, and excellent investment returns. the owner seeks a credible and experienced developer capable of delivering high-quality construction, design excellence, and timely project completion. for expressions of interest or partnership discussions, only serious and proven developers will be considered. -land value; n1,000,000,000 -title; governor's consent -premium; tbd -mou: block of flats (two bedroom and three bedrooms) -owner development preference; block of flats and maisonette penthouse -contractors; credible developers only image code: cpp ld215 to schedule a viewing, send a dm or call, +234 813 868 2907 or, +234 911 064 9...

Joint venture at chevron land size: 9,500 sqm land value: 300k/sqm sharing: 50/50 location: grace field island causeway title: cofo/ deed of assignment proposition: terraces/town houses process: 1. company's profile and letter of interest. 2. ⁠proof of fund/bank guarantee. 3. ⁠facilitators agreement. odib...

Joint‑venture opportunity --- 1,287.153 sqm land, ikota mega / chevron, lekki c of o & title pack land value ₦460m --- sharing 55:45 (owner) overview: prime jv opportunity in the heart of the ikota / chevron corridor --- a single consolidated 1,287.153 sqm plot positioned behind ikota mega chicken (chevron, lekki). the owner seeks an experienced developer or institutional investor to deliver the owner's proposed scheme (design available to qualified parties). the land is offered into a joint venture on a 55:45 sharing basis (developer : owner). no premium is required. certified title documents are in place. quick facts - location: behind ikota mega chicken, chevron, lekki, lagos - land size: 1,287.153 sqm - title / documents: certificate of occupancy (c of o), deed of assignment(s), family receipt and certified survey plan --- available for verification - land value (vendor): ₦460,000,000 - proposed commercial structure: joint venture --- profit/share 55:45 (developer : owner) - premium: nil - agency fee: negotiable --- to be agreed in heads of terms - design: concept/design available to serious, qualified developers/investors on request why this site is attractive - strategic lekki micro‑market: ikota/chevron is a high‑demand residential and mixed‑use corridor with strong occupier and investor appetite. - development scale: 1,287 sqm supports a low‑/mid‑rise apartment scheme or a boutique mixed‑use product delivering attractive unit counts and amenity space. - clean title pack: c of o plus supporting deed/receipt and certified survey reduce acquisition risk and speed up due diligence. - no premium: land contributed as equity improves project irr for the developer partner. owner's proposal & sharing - owner is offering the land as its equity contribution to a development jv. - proposed profit split: 55% to the developer (to cover construction investment & developer fee), 45% to the landowner (post cost recovery and agreed waterfall). - premium: nil --- no upfront cash premium required from the developer. - final sharing mechanics, cost recovery and developer fee to be agreed and documented in heads of terms. suggested product & use (owner's plan) - mid‑rise residential apartments (2‑ & 3‑bed units) with parking and resident amenities; alternative mixed‑use residential/retail also feasible depending on approvals and market strategy. - exact unit mix, gfa and design will be finalised with the chosen developer subject to planning and market feasibility. required partner profile - proven developer or investor with demonstrable delivery of residential/mixed‑use projects in lagos. - evidence of funding capacity (proof of funds / bank reference or financing commitment). - technical & commercial execution capability: project management, contractor relationships and sales/letting experience. - willingness to operate under transparent jv governance and certified milestone drawdown with escrow/independent qs certification. documentation & due diligence (available to qualified parties) - certified title pack: c of o, deed(s) of assignment, family receipt, survey plan (released on nda). - concept design: available to serious developers on request (nda required). - recommended buyer checks: solicitor title search, geo‑technical & topographic survey, planning/zoning confirmation, utilities audit and independent qs cost‑to‑complete. commercial process & next steps 1. submit letter of interest (loi) with company profile, rc documents, relevant project references and proof of funds. 2. execute nda; owner/facilitator will release the certified title pack and concept design to qualified parties. 3. shortlisted developers invited for site inspection and to submit detailed jv proposal (programme, cost plan and proposed operating structure). 4. negotiate heads of terms (hot) capturing profit waterfall, cost recovery, developer fee, timelines and facilitator/agency fees. 5. execute formal jv agreement and mobilise per agreed milestones. why act now opportunities of this scale with clear title and owner willingness to enter a land‑for‑equity jv are limited in the ikota/chevron corridor. early engagement secures priority access to the concept design and the chance to move quickly to approvals and delivery. contact / submissions to submit your loi or request the title & design pack (nda required), contact: [facilitator / agent name]the build centre properties ltdtel: +234 708 056 2616 +234 814 455 0891email: [email protected] notes & confidentiality - this opportunity is presented to serious, qualified developers and investors only. full documentation will be supplied under nda following loi and proof of funds. - agency fee and facilitator mechanics are negotiable and will be agreed in the heads of terms. - all information is provided in good faith and prospective partners must conduct independent legal, technical and financial due diligence prior to commitment.. contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties ref: d. ak...

Listing title joint‑venture opportunity --- 15 terrace units (concept approved) size1,918 sqm abraham adesanya, lekki --- title: global c of o overview strategic, ready‑to‑execute jv for an on‑site residential terrace development in the high‑demand abraham adesanya corridor, lekki. the landowner holds a global certificate of occupancy (c of o) over a 1,918 sqm parcel with full concept drawings approved and construction already underway on 5 units. the owner seeks a top‑tier, trustworthy developer / investor to fund and deliver the remaining 10 terrace units under a profit‑share jv. this is a turnkey development opportunity with permits in place, immediate partial construction progress and clear market pricing for completed units. key facts - opportunity type: development joint‑venture (land‑for‑equity / profit share) - site area: 1,918 sqm - location: abraham adesanya, lekki, lagos --- prime residential corridor with strong demand from owner‑occupiers and corporate renters - title: global certificate of occupancy (c of o) --- to be made available for due diligence - project: 15 terrace units (approved concept); 5 units under construction; 10 units require completion - unit pricing (indicative): ₦135,000,000 per terrace unit (at completion) - investment required: ₦300,000,000 -- ₦400,000,000 (to complete remaining 10 units) - profit share: 65 : 35 (developer : landowner) --- proposed split; terms to be finalised in heads of terms - facilitator fee: 10% (payable as agreed) project status & immediate advantages - approved design: concept drawings and approvals (planning/building) are in place --- speeds statutory compliance and reduces pre‑start delays. - construction momentum: 5 units already underway --- developer can leverage existing site mobilisation, contractors and supply chain. - clean title: global c of o provides strong starting position for legal transfer and jv structuring (subject to solicitor verification). - compelling unit economics: completed units targeted at ₦135m each --- indicative gross development value for 15 units ≈ ₦2.025b (buyers/market dependent). - prime micro‑location: abraham adesanya command area benefits from growing demand for quality terraces from middle‑up market buyers and investors. what the owner offers - land contribution: 1,918 sqm with approved concept and partial works --- owner to contribute land into jv in exchange for agreed share of project profits. - no upfront premium specified --- commercial terms to be agreed in hot (owner prefers profit share model). what the owner seeks in a partner - proven developer or developer‑investor with: - track record of delivering residential terraces or similar mid‑rise housing in lagos (portfolio & references required) - financial capacity to fund construction (proof of funds / bank reference / audited accounts) - strong project management, contractor networks and ability to mobilise within short timelines - commitment to quality finishes and market‑led sales/marketing strategy for timely offtake commercial & financial outline (indicative) - investment needed to completion (10 units): ₦300m--₦400m (developer to provide detailed cost plan) - target sale price per unit: ₦135m (market‑driven; developer to confirm pricing strategy) - proposed profit sharing: 65% to developer : 35% to landowner (subject to negotiation and final hot) - facilitator fee: 10% of agreed land value / fee basis --- payable as agreed in hot due diligence & documents available - owner will provide to qualified parties (on nda): global c of o, approved concept drawings, building approvals, tdp/site plan, current contractor status and progress photos, cost to complete estimates and construction schedule. - recommended buyer due diligence: verification of c of o, review of approvals, confirm scope of works to date, title search, survey & boundary check, geotechnical report (if required), contractor credentials, and financial model review. process / next steps 1. inspection: site inspections by appointment --- view existing works and site logistics. 2. submit loi: letter of intent with company profile, proof of funds and relevant project portfolio. 3. meeting: shortlisted developers invited to review full dossier, inspect site and discuss commercial terms. 4. heads of terms: negotiate and execute hot/mou capturing profit share, cost recovery, developer fees, construction milestones and governance. 5. formal jv agreement: legal documentation, escrow/guarantees and mobilisation to completion. pre‑qualification checklist (to submit with loi) - company profile and rc documents - evidence of relevant project experience (photos, references, completion certificates) - proof of funds or bank reference confirming capacity to fund the required investment - high‑level proposed approach (program, unit mix refinement if any, sales strategy) - agreement to facilitator fee terms and readiness to enter hot process why act now - approved concept and partial construction materially reduce lead time to market --- early partners benefit from lower mobilisation costs and earlier cashflow from completed units. - abraham adesanya remains a sought‑after lekki address; early delivery positions completion to capture market demand. confidentiality & contact - this opportunity is offered to qualified developers and institutional partners only. all enquiries will be treated confidentially and a non‑disclosure agreement (nda) may be required prior to release of full documentation. to express interest, request the dossier or arrange a site inspection, submit your loi to: note all figures and terms shown are indicative and subject to negotiation and detailed due diligence. prospective partners should obtain independent legal, technical and financial advice prior to commitment. contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties* ref: z...

Listing title prime jv opportunity --- 8,000 sqm land at gracefield / gravita estate, chevron (end of chevron drive / beside northern foreshore) lagos state c of o overview rare, large‑scale joint‑venture parcel on gracefield / gravita estate in the chevron corridor --- 8,000 sqm positioned at the end of chevron drive beside northern foreshore estate. held on lagos state certificate of occupancy, this waterfront‑edge site is offered for jv development with no upfront premium. the owner invites development partners with strong delivery capacity to propose high‑value residential, mixed‑use or boutique hospitality concepts that suit the premium coastal micro‑market. quick facts - site area: 8,000 sqm - location: gracefield / gravita estate --- end of chevron drive, beside northern foreshore estate, lagos (chevron waterfront corridor) - title: lagos state certificate of occupancy (c of o) --- available for qualified buyer verification - asking land value (guide): ₦550,000 per sqm (indicative) --- implied land value ₦4,400,000,000 (₦4.4b) - premium: nil (owner not requesting upfront premium) - sharing / jv: open proposal --- sharing formula to be agreed (owner open to land‑for‑equity structures) - facilitator fee: 10% of agreed land value (payable as agreed) why this site is compelling - strategic waterfront corridor: gracefield / gravita area is one of lagos's most attractive low‑density, high‑value residential and leisure precincts --- strong demand for quality, waterfront‑facing product. - size and scale: 8,000 sqm provides development scale suitable for a boutique low‑rise estate, townhouse cluster, small luxury apartment scheme, serviced residences or mixed‑use development with premium amenities. - clean title: lagos state c of o simplifies title verification and transactional confidence for institutional partners (buyer to confirm via legal due diligence). - no upfront premium: the absence of a premium reduces initial cash outlay and supports stronger project cashflow modelling for developers. suitable development concepts - luxury waterfront townhouses / terraces (low rise) with private gardens and parking - boutique apartment complex / serviced apartments with high‑end amenity offering (pool, gym, concierge) - mixed‑use podium: ground‑floor retail / f&b with high‑quality residential units above (subject to planning) - small hotel / boutique hospitality with marina‑related leisure facilities (planning dependent) - exclusive gated estate or executive villas for hnw individuals suggested jv structures (examples) - land‑for‑equity: owner contributes land; developer funds design, approvals and construction; completed units / proceeds shared per agreed equity split. - build‑to‑sell: developer constructs and markets units; net proceeds split after cost recovery. - build‑operate‑transfer: developer operates assets for a defined period (if hospitality/serviced apartments) with agreed revenue share prior to transfer. - hybrid: small development premium + equity share to balance owner and developer cashflow needs. commercial & negotiation points - guide land valuation: ₦550,000 / sqm (indicative) --- total guide value ₦4.4b (final valuation and fee mechanics to be agreed). - facilitator fee: 10% of land value (clarify timing, escrow and payment mechanics in hot). - owner open to discussing sharing formula, developer fee, cost recovery waterfall and marketing/sales responsibilities. pre‑qualification & what the owner expects prospective development partners should provide: - letter of interest (loi) with brief proposed jv approach and indicative timelines - company profile, rc documents and track record of comparable projects (portfolio & references) - proof of financial capacity / bank reference or audited accounts demonstrating ability to fund project phases - high‑level concept brief (indicative unit mix, density, amenity strategy and commercial model) - willingness to agree to confidentiality / nda prior to receiving full title and technical pack contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties* ref: d...

Cwl1275 joint venture: land measuring 2000+ sqm in lekki an exceptional joint venture opportunity awaits developers in the prestigious lekki. this prime 2,000+ sqm land with a valid certificate of occupancy (c of o) presents the flexibility to develop either 2 blocks of modern apartments (1, 2 & 3-bedroom units) or a mixed concept where one block is built for the landlord and detached duplexes for the developer. with a 50:50 sharing formula and no premium required, this deal is structured to deliver maximum roi in a high-demand waterfront location. location: lekki size: 2,000+ sqm land value: ₦1.6 billion title: certificate of occupancy (c of o) proposed development options: 2 blocks of apartments (1, 2 & 3 bedrooms) or 1 block for landlord + detached duplexes for developer sharing formula: 50:50 premium: nil facilitation fee: 10% of land value (slightly negotiable) this is a rare waterfront jv opportunity in lekki for developers with a proven track record to create luxury apartments or duplexes that meet the rising demand of lagos' upscale real estate market. for more information, pricing and private viewings please contact: rose: +234 814 922 6187 lilian: 09062511340 email: [email protected] website: www.cwlagos.com we are social! check out other fantastic premium listings on our social media platforms ig: @cwrelagos twitter: @cwrelagos facebook: @cwrealest...

Cwl1274 joint venture: land measuring 2095sqm in lekki unlock a premium investment opportunity with this 2,095.944 sqm fully sandfilled land located in the exclusive lekki. the property, secured with a valid c of o, is ideal for the development of 6 super luxury fully detached duplexes, perfectly tailored for high-net-worth buyers seeking waterfront living in lagos. with a fair sharing formula and attractive roi prospects, this jv is structured for serious developers with a proven track record. location: lekki  size: 2,095.944 sqm (fully sandfilled) land value: ₦1.6 billion title: certificate of occupancy (c of o) proposed development: 6 super luxury fully detached duplexes sharing formula: 50:50 premium: ₦120 million facilitation fee: 10% of land value this is a rare jv opportunity in lekki's waterfront axis --- designed for developers ready to deliver world-class luxury homes. for more information, pricing and private viewings please contact: rose: +234 814 922 6187 lilian: 09062511340 email: [email protected] website: www.cwlagos.com we are social! check out other fantastic premium listings on our social media platforms ig: @cwrelagos twitter: @cwrelagos facebook: @cwrealest...

Notice: *direct developer communication only* (no agents- no mandates) ikota joint‑venture opportunity --- size:, 684 sqm location: (ikota villa residential area) title: governor's consent land value: ₦330m overview high‑quality joint‑venture (jv) opportunity in the highly sought ikota villa residential area. the owner is offering a 684 sqm parcel for a development jv to deliver blocks of flats on three floors. the site has governor's consent (gov. cons.) in place and the land is valued at ₦330,000,000. the owner seeks a development partner to design, finance and deliver residential flats under an agreed profit/ equity sharing arrangement. no premium is requested --- sharing to be agreed. property summary - site size: 684 sqm - location: ikota villa residential area (ikota), lekki/ajah corridor --- prime residential neighbourhood with easy access to major road links and amenities - title: governor's consent (gov. cons.) --- please verify documents during due diligence - owner's proposal: development jv to construct blocks of flats on three floors (owner to supply land; developer to fund and construct per jv terms) - land value: ₦330,000,000 - premium: nil (owner not requesting upfront premium) - sharing: to be determined (owner open to equity/ profit share structures) development proposition the owner intends the site to be developed into blocks of flats (three storeys) --- an attractive scheme for mid‑rise residential units targeted at owner‑occupiers, professionals and high‑demand lettings in the ikota/lekki market. the compact site size supports efficient mid‑density development with potential for high value per sqm when professionally designed and executed. why this jv is attractive - strategic location: ikota villa residential area is a well‑regarded neighbourhood within the lekki/ajah growth corridor with strong residential demand and proximity to commercial nodes, schools and transport routes. - clean land position: governor's consent in place --- expedites transactional and planning processes for credible partners (subject to confirmation). - capital efficiency: no upfront premium required --- reduces initial cash outlay and improves project cashflow for the developer. - flexible deal terms: owner is seeking a commercial jv arrangement --- open to a variety of structures: equity split, profit share, build‑and‑transfer, long‑leasehold management etc. - scale: 684 sqm is well suited to a mid‑rise block development (three floors) capable of delivering multiple 2--3 bedroom units or a mixed unit mix depending on design brief. suggested jv structures (examples --- to be negotiated) - land‑for‑equity: owner contributes land (valued at ₦330m) in exchange for equity/share of completed units or net project profits. - build‑to‑share: developer finances and constructs; proceeds are divided per agreed revenue share after cost recovery. - lease‑and‑develop: long‑term lease to developer with rent/royalty payments to owner and option to purchase at defined milestones. site & planning considerations - proposed build: blocks of flats on 3 floors (developer/architect to propose unit mix and layout subject to local planning) - setbacks, coverage and allowable fsr will depend on local planning regulations for ikota villa --- confirm with lagos state planning authorities and obtain necessary approvals. - utilities & access: confirm on‑site connection points for water, power and drainage, and vehicular access arrangements during due diligence. required due diligence & documentation (recommended) - certified copy of governor's consent and underlying title documents (certificate of occupancy, deed of assignment, etc.) - site survey/plan and coordinates showing boundaries and total land area (684 sqm) - local planning constraints, permissible building height/coverage and any covenants/estate rules for ikota villa residential area - environmental and geotechnical reports (if available) - existing encumbrances, statutory rates, and tax clearance status commercial terms to agree - final equity / profit‑share split between owner and developer - cost recovery mechanism and developer fee structure - construction programme, handover milestones and retention/defect liability terms - management and sales/leasing strategy for completed units - escrow / security arrangements, dispute resolution and exit clauses next steps / how to proceed 1. submit expression of interest (eoi) and provide brief corporate profile and development track record. 2. request full property dossier and certified title documents. 3. arrange site inspection and meeting with the owner to review development brief and commercial expectations. 4. carry out technical and legal due diligence (survey, title search, planning review). 5. negotiate jv heads of terms and execute formal jv agreement following legal review. contact: mr. kola adesina (edba) all detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed nda. serious proposals only. *how we work* tell us your needs (budget, location, size). our team reviews your request and assigns a dedicated relationship manager. we only source conflict-free land and properties with clear titles. we conduct due diligence and arrange site visits. viewings are by appointments only finalize purchase, rental or lease with legal support. *please feel free to browse our other featured properties* ref: d. ak...