Joint Venture Property in Lagos

Notice: *direct developer communication only* (no agents- no mandates) joint venture opportunity 1,340 sqm prime land, osapa‑lekki governor's consent land value ₦800,000,000 --- owner relocation premium summary 1340 sqm development site in osapa, lekki with governor's consent. owner is open to joint‑venture or sale; indicated land value ₦800m. owner relocation is required as the premium (to be agreed). proposal structure: open --- developer/partner sought to execute high‑value residential or mixed‑use scheme. key facts (concise & factual) - location: osapa, lekki (high-demand residential/commercial corridor; proximate to lekki phase 1/2 and major amenities). - land size: 1,340 sqm (0. 134 ha). - title / entitlement: governor's consent (documents available for verification). - vendor position: open to jv or outright purchase; land value stated at ₦800,000,000. - premium requirement: owner to be relocated as part of the deal (relocation cost/alternative accommodation to be negotiated and included in commercial terms). - proposal: open --- vendor welcomes a variety of structuring options (land‑for‑equity, profit share jv, land sale + relocation fee, build‑to‑sell/lease). implied pricing (for reference) - stated land value: ₦800,000,000. - implied price per sqm (for straight sale comparison): ≈ ₦597,015 / sqm. why this site is attractive - osapa is a sought‑after lekki micro‑market with strong demand for premium residential product, boutique apartments and low‑rise luxury townhouses. - site size (1,340 sqm) is well-suited for high-margin, medium-density developments (townhouse cluster, boutique apartment block, small mixed‑use). - governor's consent in place reduces title transfer delays compared with raw consent issues; attractive to institutional developers who require clean documentation. - flexible vendor stance allows creative jv structures that can accelerate entry and reduce upfront cash outlay. highest‑and‑best‑use (recommended) - boutique low-rise residential development: 6--12 luxury townhouses or ~20--40 high-end apartment units depending on far and approvals. - small mixed‑use: ground-floor retail / offices with residential units above. - serviced apartments / executive rental product for corporate/leisure demand. - owner-occupier development or landbank for capital appreciation. suggested jv structures (illustrative; vendor open to proposals) 1. land‑for‑equity (common) - owner contributes land (valued at ₦800m) as equity; developer contributes capex and development management. - equity split depends on capex requirement; common starting range: land‑owner 20--40% equity (negotiable). - relocation premium handled as an additional cash payment or allocation of finished unit(s) to owner. 2. profit‑share jv (preferred by some owners) - joint development agreement: profits split after cost recovery; owner receives relocation premium as pre‑approved cost or out of seller receipts. - developer funds construction; owner receives agreed % of net profit (e. g. , 30--50% depending on inputs). 3. sale + relocation fee - straight sale at ₦800m plus negotiated relocation fee (cash or property). good for buyers who prefer ownership without jv complexity. 4. build‑and‑sell with owner buy‑in - developer builds, owner given option to buy specific units at preferential rate as part of relocation arrangement. note: exact structure, relocation mechanics and tax treatment to be agreed and reflected in term sheet. key commercial considerations to agree early - relocation premium: define whether relocation is cash, alternative property, or provision of agreed unit(s) in finished development; quantify cost and timing. - valuation base: confirm the land valuation and whether vat, stamp duty, capital gains or other taxes apply. - governance: management of project company, board composition, decision thresholds, appointment of contractors and operator. - cost allocation & waterfall: clear definition of capital recovery, developer fees, promotion fee and profit waterfall. - title and transfer mechanics: confirm how land contribution or sale will be effected given governor's consent. due diligence & documents buyer/developer should request - certified governor's consent documentation and any supporting approvals. - survey plan, site plan, and boundary confirmations. - chain of ownership / conveyance documents and evidence of possession. - land rate and tax receipts; search for encumbrances or caveats. - zoning / land use classification and permissible far/building heights from lagos planning authority. - topographic, geotechnical (soil) and drainage reports (if available). - utility availability report (power, water, drainage, telecoms) and road access details. - any pending disputes, leases or third‑party rights. - id and authentication of the owner and authority to enter jv. or phased). buyer / partner profile (ideal) - experienced boutique developer comfortable with high‑end residential product in lekki. - consortium (developer + capital partner) able to fund construction or secure developer finance. - investor willing to structure creative land‑for‑equity deals and manage owner relocation sensitively. - operators (serviced apartments/hospitality groups) seeking small, well‑located asset. transaction process --- recommended next steps 1. submit formal expression of interest (eoi) and proof of capacity (pof / bank comfort letter). 2. sign nda and request certified title and governor's consent pack. 3. arrange site visit and meet owner to clarify relocation expectations. 4. conduct legal and technical due diligence; prepare preliminary concept and pro‑forma. 5. negotiate and sign term sheet outlining structure, relocation premium, timelines and milestones. 6. draft and execute jv agreement or spa; mobilise to commencement per agreed programme. 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: w...

Joint venture in parkview estate, ikoyi joint venture land size: *1,041sqm* with demoliahable house on it location: owena street off niger street parkview estate, ikoyi land value: ₦1.8m per square meter premium: 10% value of the property proposal: owner is open to profitable and approvable proposal title: federal c of o sharing ration: tbd facilitators fees: 10% eni...

Jv 949sqm @ infinity estate addo road ajah proposal : open premium : tbd land value: #100m title: c of o facilitator: 10% ...

Premium joint venture located at back of shop rite songotedo lagos proposal... open premium.. nii documents.. governor cons...

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...

Notice: *direct developer communication only* (no agents- no mandates) investment opportunity: land for sale/jv in ikate by verita terrace we are pleased to present a prime land opportunity for sale or joint venture (jv) in the desirable ikate area, adjacent to verita terrace. this property offers significant potential for development and investment. property details: - location: ikate, beside verita terrace - land size: 2,411 square meters - price: ₦1.5 billion (can be sold in half) - title: global certificate of occupancy (c of o) - proposed development: 50 apartments plus penthouses - timeline for development: 24 months joint venture pre-conditions: - land value for jv: ₦1.7 billion - developer responsibilities: the developer will be responsible for building approval processing and all associated fees. - land owner responsibilities: the land owner will cover the costs for governor consent processing and all related fees. financial structure: - upfront purchase: buy 3 units upfront with a 50% payment upon signing, and the balance upon completion of the foundation. - proof of funds required: ₦1.5 billion - profit sharing ratio: - land owner: 40% - developer: 60% - signing bonus: ₦75 million how we operate: 1. initial consultation: share your specific requirements with us, including your budget, desired location, and size preferences. 2. dedicated support: our team will thoroughly review your request and assign you a dedicated relationship manager to assist you throughout the process. 3. sourcing properties: we prioritize sourcing conflict-free land and properties with clear titles to ensure a secure investment. 4. due diligence: our team conducts comprehensive due diligence to verify all aspects of the property, ensuring transparency and reliability. 5. site visits: we arrange site visits to provide you with firsthand experience of the property and its surroundings. 6. finalization of purchase: our legal support team will assist you in finalizing the purchase, ensuring that all legal requirements are met. explore our featured properties: we invite you to browse our portfolio of other featured properties, each offering unique investment opportunities tailored to meet diverse needs. for further inquiries or to discuss this opportunity in detail, please do not hesitate to contact us. we look forward to partnering with you on this promising ventu...

*jv jv jv* *size:* 624sqm *value:* n400m per plot subject to revaluation. *location:* ilasan, ikate, lagos *title:* elegushi deed *proposal:* block of flats *sharing:* tbd *premium:* negotiable *facilitators fee:* 10% *prerequisite:* loi, profile, etc. eni...

*jv jv jv* *size:* approximately 625sqm *value:* n400m per plot subject to revaluation. *location:* ilasan, ikate, lagos *title:* elegushi deed *proposal:* block of flats *sharing:* tbd *premium:* negotiable *facilitators fee:* 10% *prerequisite:* loi, profile, etc. eni...

*jv jv jv* *size:* 617sqm *value:* n400m per plot subject to revaluation. *location:* ilasan, ikate, lagos *title:* elegushi deed *proposal:* block of flats *sharing:* tbd *premium:* negotiable *facilitators fee:* 10% *prerequisite:* loi, profile, etc.. eni...

Joint venture: dry & firm land measuring 2,030 square meters for joint venture (jv) at abraham adesanya estate area, ajah, lagos. features: - located within an already established estate with fully interlocked dualized road - regular, dry and firm land - the subject land is directly facing the tarred road - fast developing estate - excellent real estate investment - suitable for residential and commercial developments - estate is located around eastline shopping complex - the location is about 5 minutes drive after ajah roundabout - popular monuments/ estate in the area are: lagos business school, abraham adesanya estate, ikota villa estate, chevron headquarters, etc. all these are less than 5 minutes drive from the location of the land. title: global certificate of occupancy (c of o) land value: n500m proposal: 30 units of 2/3 bedroom flats for further enquiries/ arrangement for inspection, please contact: chris: +2348177766115 (call/ whatsapp) gabriel: +2348177766550 (call/ whatsapp) tola: +2348177766008 (call/ whatsapp) bluehedge realtors - estate agency and property marketing - real estate development and advisory tel: +234-8023224585, 08032065685 (call/ whatsapp), 08177766110-9 (call/ whatsapp) email: [email protected] website: www.bluehedgerealtors....

For joint venture development slvkelly location: behind hfp lekki gardens phase 2 abraham adesanya lagos. land size: 1240sqm. value: 600 million title: c of o. proposal: 20 unit of 1/2/3 bedroom flat's. sharing: tbd. all documents will be made available after inspection with your developer and offer letter receiv...

Newly out joint venture located in eko atlantic victoria island lagos state the land s very close to azura tower ready for immediate development.. the owner s ready to meet capable developer. asap. land size.. 2245sqm land value.. , €2500k sqm proposal luxury block of flats 18 flows and above sharing formula.. tbd premium.. ₦500m facilitators... 10% title.... lagos state c o...

Unlock exceptional returns with our joint venture opportunity in yaba, lagos we invite savvy investors and developers to partner with us on an exciting joint venture (jv) project in the heart of yaba, lagos. the property features a demolishable 3-bedroom bungalow with a bq, situated on a spacious approximately 500sqm land. key highlights: - prime location off commercial avenue road, yaba, lagos - approximately 471.24sqm land area - property value:250m - proposal: block of flats - architectural design have been made. - premium#10m - facilitator's fee: 10% don't miss out on this chance to drive growth and profitability in one of lagos' most sought-after locations!. prptyjeremiahn...

*jv in eko atlantic* land size 6,000sqm land with approval of 32 units in two units block location: eko atlantic city victoria island lagos land value: ngn20 billion proposal: open residential/office building of at least 18 floors each. title: governor consent premium: nil sharing: tbd facilitator fee:10% *requirements* 1. letter of interest. 2. facilitator fee letter. 3. company profile and proposal. previous projects development are also required. *only for capable investors with track record...

Jv jv jv * location:- off bourdillion road, ikoyi, lagos. land size:- 1,440sqm a corner piece land. land value:- ₦3.5b proposal:- terraces - 5/4 premium:- ₦500m title:- lasg c of o facilitators' fee:- 10% of total land value net. 10% of land value facilitation fee eni...

Notice: *direct developer communication only* (no agents- no mandates) joint venture --- prime land at gracefield island, chevron, lagos location: gracefield estate (gravitas), end of chevron drive --- beside northern foreshore estate, lagos plot size: 2,833 sqm title: lagos state c of o (lag c of o) indicative land value: ₦550,000 per sqm (indicative total: ₦1,558,150,000) proposal: open proposal --- premium: nil facilitator fee: 10% note: images are for illustration purposes brief: semi mandate owners seeks a vibrant & beautiful residential or mixed use development photos: illustration purposes only. (land owners view) completely open to developer's final proposal overview exceptional jv opportunity on gracefield island --- a strategically located waterfront development node in the chevron corridor. the 2,833 sqm c of o parcel sits within gracefield estate (gravitas) offering strong development potential for luxury residential, waterfront villas, boutique apartments or mixed‑use projects. the owner seeks a development partner under a flexible jv structure with no premium; sharing formula to be agreed. key selling points - premium waterfront/island location in chevron --- high demand for quality residential and mixed‑use product. - clean lagos c of o title --- transaction and jv structuring straightforward subject to due diligence. - attractive plot size (2,833 sqm) enabling high‑value low‑density development or segmented schemes. - no premium required --- owner willing to enter jv without additional premium charge. - facilitator fee: 10% (to be confirmed in writing). potential uses - luxury villas or detached waterside homes - low‑rise boutique apartment development (2--4 bedroom units, penthouses) - mixed residential with amenity spaces (pool, private marina/jetty subject to approvals) - landbank for strategic long‑term investment or phased development commercial notes - indicative land valuation: ₦550,000 per sqm (owner's benchmark). total indicative valuation: ₦1,558,150,000. - sharing formula: to be proposed by interested developer(s) --- owner open to equity-for-land, build‑to‑sell, build‑to‑rent or hybrid jv structures. - premium: nil (owner will not require a premium on the jv). - facilitator/agent fee: 10% (agreement to be provided in writing). required partner profile & documents - established developer or private equity partner with lagos waterfront/mid‑high end residential experience. - submission requirements: letter of interest (loi), company profile, evidence of three (3) similar projects or relevant track record, proof of financing capacity or funding commitments, proposed jv term sheet (equity split, capex plan, timelines). due diligence & next steps 1. submit loi and required documents. 2. sign nda (if requested) to receive full information pack: c of o copy, survey/site plan, estate regulations and service details. 3. arrange site inspection and meeting with owner/representative. 4. submit detailed jv proposal (sharing formula, financing plan, construction timeline). 5. negotiate and execute jv term sheet and legal agreements; proceed with statutory approvals and development. confidentiality 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: ik...

Notice: *direct developer communication only* (no agents- no mandates) jv opportunity --- eko atlantic project: joint venture opportunity --- prime 9,100 sqm land parcel, eko atlantic note: images are for illustration purposes quick overview - asset: land parcel for jv development - size: 9,100 sqm - location: eko atlantic (seafront/reclaimed land) --- premium lagos waterfront district - preferred concept: high‑rise development (up to 45 storeys) --- owner seeks high‑rise scheme partner - land value (indicative): us$18,000,000 - title: certificate of occupancy (c of o) --- documents to be provided for verification - premium: nil (seller indicates no additional premium payable) - facilitator's fee: 7% (payable on successful completion/transfer per facilitator agreement) opportunity summary a strategic jv opportunity to deliver a landmark high‑rise development in eko atlantic on a 9,100 sqm seafront plot. with a clear c of o and a preferred 45‑storey programme, this site is suited to a trophy mixed‑use or residential tower development --- an ideal proposition for experienced international or domestic developers seeking a flagship asset on lagos' premier reclaimed coastline. the asset offers scale to achieve a large gdv and market attention; the vendor is open to joint venture structures that combine land equity with developer capital and delivery expertise. key selling points - prime eko atlantic location --- prestige waterfront address with institutional-grade neighbourhood infrastructure and rising global profile. - sizeable landbank (9,100 sqm) sufficient for a high‑rise tower or multi‑tower podium + tower configuration. - c of o in place --- streamlines title risk (buyer to verify certified documents). - preferred 45‑storey scheme aligns with market demand for trophy residential, serviced apartments, branded residences and premium office/hotel components. - no premium indicated --- simplifies commercial negotiation (confirm with solicitor and government records). - strong exit options: luxury apartment sales, serviced apartments, hotel operator sale/lease, or long‑hold asset for institutional investors. suggested development concepts (illustrative) - single 45‑storey mixed‑use tower: luxury residential apartments (1--4 bed), duplex sky villas/penthouses, podium retail and f&b, branded hotel or serviced residences on lower/mid floors. - twin‑tower podium + tower scheme: lower-rise commercial/retail podium facing promenade with two residential/hotel towers maximizing waterfront views. - branded hospitality + residences: 5‑star hotel operator + branded residences and private sky villas; strong positioning for hnwis and business visitors. - premium office/grade‑a commercial component combined with luxury residential where market appetite supports mixed use. commercial jv structures (typical options) - land‑for‑equity jv: owner contributes land valued at us$18m into an spv; developer contributes design, finance, construction and marketing. profit/share split to be negotiated (examples: 60:40 developer:landowner, 55:45, or bespoke waterfall returns depending on land valuation and risk). - forward sale / build‑and‑sell: developer finances and constructs; landowner paid land value in cash (or phased payments) or a hybrid of cash + profit share. - build‑to‑hold / long‑term asset co‑ownership: institutional jv with long‑term income/asset management focus; rental yield sharing and professional property management. - phased parcel jv: subdivide the 9,100 sqm into phases for different product types and investors to optimise cashflow and de‑risk delivery. commercial considerations & facilitator fee - land value benchmark: us$18m (indicative) --- final valuation to be confirmed via independent appraisal. - facilitator's fee: 7% of the agreed transaction value / fee base --- payable on successful closing per facilitator agreement (confirm basis and timing in term sheet). - no premium recorded (vendor indicates nil) --- buyer should verify with relevant authorities to confirm absence of outstanding government premiums or obligations. planning, technical & statutory considerations - verify permitted height/far and design envelope with eko atlantic authority and relevant lagos state planning authorities --- 45 storeys requires early pre‑application consultations. - coastal & marine engineering: confirm reclamation stability, shoreline protection, piling strategy and any special geology/geotechnical requirements. - environmental & flood resilience: eia/sea review, stormwater/drainage design and resilient podium/finished‑floor strategies. - utilities & infrastructure: confirm capacity for power, water, sewage, telecoms and district utilities; coordinate service reinforcement if required. - transport & access: road connections, emergency access, parking requirement and loading/service arrangements. - statutory approvals: building permit, environmental permits, fire & safety, and any eko atlantic-specific compliance protocols. financial & delivery considerations (high level) - early feasibility recommended: architectural massing, preliminary gfa estimate, qs cost plan and market sizing to determine gdv and profitability. - construction complexity: deep foundations/piling and marine considerations will influence cost and programme --- allow contingency. - sales & exit strategy: branded marketing for premium buyers, pre‑sales strategy for cashflow, jv governance for pricing and release strategy. - timelines: feasibility & approvals (2--6 months), detailed design & procurement (4--8 months), construction (36--48 months depending on scope), phased sales throughout construction. 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...

️s. direct joint venture brief 600sqm of land available for jv general paint bus stop , before lagos business school proposal -either block of flats or terraces facilitator's fee: 10% land value -120m document -survey , deed and governors consent ~sl...

Notice: *direct developer communication only* (no agents- no mandates) listing title: fast‑track jv opportunity --- size: 776.25 sqm sand‑filled plot location: (captain's court, lekki palmcity estate, ajah) --- title: c of o & governor's consent land value: ₦200m --- sharing formula: 45/55 partnership *video available* overview: urgent joint‑venture (jv) opportunity for a ready developer: a prime 776.25 sqm sand‑filled plot in captain's court, lekki palmcity estate (ajah). owner is offering an immediate jv --- land is titled (c of o) with governor's consent and comes with approved drawings for 3 detached duplexes. plot is development‑ready and owner seeks a fast, experienced developer (no time‑wasters) to mobilise quickly. sharing proposed at 45:55. facilitator's fee: 10%. key property facts - location: captain's court, lekki palmcity estate, ajah (captain's court) - plot size: 776.25 sqm (length 35.5 m × breadth 22.5 m) - condition: sand‑filled (ready for piling/works) - title: certificate of occupancy (c of o) + governor's consent - existing package: owner has drawings for 3 fully detached duplexes (can be used or developer may propose alternative schemes except terrace development --- terraces excluded) - land valuation (owner): ₦200,000,000 - asking jv share: 45:55 (owner:developer) --- reasonable for a fast, fully funded developer - facilitator fee: 10% (payable on agreed terms why this is attractive - development‑ready site (sand‑filled) reduces early mobilisation/time‑to‑ground works. - located inside lekki palmcity estate --- rising residential demand and good estate management. - owner already has architectural drawings (3 detached duplexes) --- saves design time and accelerates approvals/build start. - clear title documentation (c of o + governor's consent) --- supports a smoother transaction and handover. - compact plot ideal for high‑value detached dwellings or a bespoke luxury development that commands premium pricing in the area. proposed jv structure (indicative) - equity split: owner 45% : developer 55% (developer funds construction and manages project) - owner contribution: land (valued at ₦200m), drawings, c of o & governor's consent, assistance with document handover - developer contribution: construction financing, project management, securing building permits/approvals, sales/marketing and handover of completed units - facilitator fee: 10% payable as agreed (typically on transaction closure or as staged per jv agreement) - profit / unit allocation: to reflect the 45:55 split after costs; detailed financial model and cost schedule to be agreed and appended to jv agreement developer responsibilities (typical / expected) - immediate proof of funds (pof) / bank reference and capability evidence - fast‑track all necessary approvals (building permit, estate approvals, utilities) - finance and execute construction to the approved drawings (or developer's own approved scheme) - manage contractors, qa/qc, site supervision and delivery to practical completion - handle sales, marketing or leasing of completed units (unless jv agrees otherwise) - provide regular reporting, milestone payments and transparent accounting during the build owner responsibilities - transfer of land equity into jv spv or provide legal mechanism needed for jv - deliver original c of o, governor's consent, drawings and survey documents to legal counsel for verification - assist with estate introductions and needed consents where required timing & expectations - qualification & dd: 7--14 days (title/documents review, site visit, technical checks) - jv agreement & heads of terms: 7--14 days (subject to pof and parties) - approvals & mobilisation: target immediate mobilisation on successful jv (developer to fast‑track approvals) - construction: typical estimate 10--18 months depending on scope and contractor capacity (developer to supply schedule) due diligence pack (available / recommended) - original c of o & governor's consent (available for verification) - survey plan and site dimensions (776.25 sqm) - owner's architectural drawings for 3 detached duplexes - evidence of sand fill and basic site readiness (photos/reports) - estate rules & consent requirements (if applicable) - on request: structural/soil tests or engineers' reports (if available, else buyer to commission) pre‑qualification & desired partner profile we want a credible, quick‑moving developer who can: - produce immediate proof of funds or bank reference - commit to fast approvals and site mobilisation - demonstrate prior delivery of similar detached residential projects in lekki/ajah - agree to the 45:55 sharing (owner:developer) or propose a better commercial structure with valid rationale - respect facilitator fee terms (10%) and conclude negotiations promptly next steps / how to apply - serious developers only. to proceed please send: - short company profile. expression of interest letter & track record (2 relevant projects) - proof of funds / bank comfort letter - contact person and availability for immediate site visit - upon receipt of the above, we will provide the full due diligence pack and arrange an accompanied site inspection and meeting with the owner. 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: victo...

Notice: *direct developer communication only* (no agents- no mandates) listing title development lease (bot) --- 500 sqm, macathy street, ilupeju estate term: 20‑year lease overview prime build‑to‑operate‑transfer (bot) development lease opportunity in ilupeju estate, lagos. a 500 sqm plot on macathy street is offered on a 20‑year lease for a developer to construct a mid‑rise block of flats (flexible unit mix). the proposal requires a well‑designed scheme with adequate parking and sensible density --- not overcrowded. construction period: 12- 18 months. premium: ₦6,000,000. faacilitation fee: ₦10,000,000. property summary - opportunity type: development lease (bot) --- lease, build, operate and transfer framework - location: macathy street, ilupeju estate, lagos - land area: 500 sqm - lease term: 20 years - upfront premium: ₦6,000,000 - construction period (proposed): 12-18 months from commencement - design brief: block of flats --- unit numbers flexible but must avoid overcrowding; scheme must provide adequate parking and amenity space - facilitation fee: n10,000,000 (fixed) - availability: by agreement following heads of terms and deposit development proposition this bot lease is ideal for experienced developers and investors seeking short‑to‑medium term cashflow from a managed residential asset in ilupeju estate, with the asset reverting to the landowner at lease expiry. the compact 500 sqm site supports a well‑planned mid‑rise block delivering quality flats targeted at professionals and corporate renters, provided design respects estate character and parking standards. why this opportunity is attractive - strategic location: ilupeju estate is an established residential/commercial node with excellent connectivity to ikeja, apapa and lagos mainland markets. - short construction cycle: 12‑18 month construction window supports quick operational ramp‑up and revenue generation. - low premium: ₦6m upfront premium reduces initial capital outlay relative to outright purchase. - flexible design: developer can propose unit mix (e.g., 1‑ & 2‑bed flats or a mix including 3‑beds) to match market demand while ensuring adequate parking and open space. - bot structure: enables developer to operate and monetise the asset during the lease term, with clear exit at transfer. design & planning brief (key requirements) - block of flats across appropriate storeys (subject to estate/local planning regulations) --- number of flats flexible but density must be reasonable and consistent with ilupeju estate character. - adequate on‑site parking provision (minimum required by lagos planning codes and estate rules) plus visitor parking. consider basement/ground parking or efficient stack/marked bays. - provide appropriate setbacks, landscaping and refuse management areas. - ensure adequate water and power provisions (borehole, overhead tank, generator/es) in design for reliable operations. - fire safety, access for emergency vehicles and waste disposal must be included in design. - compliance with estate covenants and lagos state planning/approval processes required. suggested commercial/lease structure (examples to negotiate) - lease term: 20 years (fixed) with defined construction milestone schedule and handover process. - premium: ₦6,000,000 payable upfront - rent/royalty: depending on bot terms, a recurring rent, revenue share or service charge may be agreed during the operating phase. - transfer: full transfer of the completed building to landowner at lease expiry or earlier if agreed. - performance guarantees: bank guarantees/retention for construction defects and compliance; insurance cover during construction and operation. - exit and extension: option to negotiate right of first refusal for lease extension or purchase at pre‑agreed terms (optional). due diligence & documentation checklist (recommended) - confirm land title and authority to grant a development lease (certificate of occupancy or other title documents). - obtain site survey/plan and confirm exact 500 sqm boundaries. - request estate rules, deed covenants and any restrictive conditions for ilupeju estate. - clarify statutory planning parameters (permissible height, coverage, parking standards) with lagos state planning authority. - verify availability of utilities (power, water, drainage) and connection costs. - review environmental/site condition and geotechnical report if available. - confirm tax, rates and any outstanding liabilities on the land. commercial terms & approvals to finalise - detailed heads of terms including premium payment schedule, construction milestones, facilitation fee- n10m, insurance, defect liability and handover conditions. - construction programme and approved design & specifications to be agreed prior to commencement. - security/guarantee mechanisms for timely delivery and compliance. - approval process with estate management and lagos state planning authority to secure necessary permits. next steps --- how to proceed 1. submit expression of interest (eoi) with company profile, sample deliverables and relevant development track record. 2. request full property dossier and certified title/survey documents. 3. arrange site inspection and meeting with the landowner/estate representatives. 4. prepare preliminary concept design and projected construction programme for discussion. 5. negotiate and sign heads of terms, pay agreed premium/agency fee, then commence statutory approvals and construction mobilization. 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: ak...