Joint Venture Land in Crown Estate, Ajah, Lagos

Joint venture high‑value joint venture opportunity --- 25 hectares opposite crown estate, sangotedo government allocation & c of o land‑for‑development executive summary an exceptional jv opportunity for experienced residential developers: 25 hectares of prime sangotedo land (plots of 500 sqm), offered on a joint‑venture basis for low‑density housing (proposed 2 units per plot). the land is titled by government allocation and certificate of occupancy (c of o) --- clean, transferable and ready for swift mobilisation. owner seeks a capable developer partner to lead design, approvals, infrastructure and delivery. commercial sharing formula is to be discussed (tbd); facilitator fee set at 10% (negotiable). opportunity at a glance - location: opposite crown estate, sangotedo --- strong demand corridor with growing middle‑to‑upper market residential activity. - land size: 25 hectares (250,000 sqm) --- subdivided into 500 sqm plots (approx. 500 plots). - proposed density: 2 units per plot (spacious, low‑density development targeting mid‑high end market). alternative densities may be considered with reasonable justification. - land valuation guidance: n55,000,000 per 500 sqm plot (regular zone pricing referenced). - title: government allocation & certificate of occupancy (c of o) --- originals available for verification. - facilitator fee: 10% (negotiable). why this jv is attractive - scale & location: 25 ha in sangotedo provides meaningful development scale to achieve economies, margin and marketing reach while remaining close to lagos demand centres. - strong market: proximity to crown estate and established developments supports premium positioning for gated communities, serviced plots or bespoke detached housing. - land title security: government allocation and c of o reduce land acquisition risk and speed up lender acceptance. - flexible product mix: target market can be tailored (serviced plots, detached villas, duplexes or gated community) to maximise return and absorption. - partnership efficiency: owner provides equity in land; developer brings financing, approvals, design and delivery expertise --- enabling rapid project rollout. owner's brief & preferred development parameters - product: low‑density residential development --- primary proposal is 2 units per 500 sqm plot (owner open to adjustments supported by robust market rationale). - infrastructure: adequate internal roads, drainage, power distribution, water provision, estate security and landscaping to be provided by developer. - quality: market‑appropriate finishes and estate amenities (estate gatehouse, perimeter security, recreational/green spaces) to be included. - sales strategy: developer to lead sales, marketing and off‑plan management; allocation of completed units to owner per agreed equity/share structure. developer responsibilities (typical) - lead financing for pre‑development and construction phases (or secure finance). - produce detailed masterplan, layout, tdp compliance and secure all statutory approvals. - deliver internal infrastructure (roads, drainage, utilities) to agreed standards. - implement sales, marketing and post‑sales management. - manage handover of owner's share of units/plots per agreed mechanism. owner responsibilities - contribute land as equity (25 ha under current title). - provide land documentation, survey and existing allocation/c of o for due diligence. - cooperate on approvals where required and participate in heads of terms negotiations. suggested commercial structures (examples) 1. land‑for‑equity (preferred) - owner contributes land as 100% of land equity; developer funds construction and marketing. - equity allocation (example starting point): developer x% : owner y% --- to be negotiated (owner proposes discussion). - owner receives agreed percentage of completed units/plots or net proceeds after cost recovery. 2. profit‑share (post‑sale) - developer sells units and recovers costs; net profit split per agreed ratio after audited cost recovery. 3. hybrid (mixed allocation) - owner retains specific number/percentage of high‑value units; developer takes remaining stock or sales proceeds. commercial points to determine in heads of terms - exact equity split or profit‑share percentages. - cost recovery waterfall (construction costs, finance costs, developer fee, marketing). - off‑take / allocation mechanics for owner units (built units vs cash proceeds). - development schedule, milestones and handover conditions. - quality standards, defect liability and warranties. - approvals responsibility, taxes and statutory charges allocation. - dispute resolution and exit provisions. - facilitator fee mechanics (10% negotiable). pre‑qualification (developer requirements) - company profile & registration (rc, tin). - evidence of financial capacity (audited accounts, bank/financier references or proof of funds). - track record: at least 2 comparable residential developments delivered (photos, addresses, references). - delivery capability: in‑house or partner contractors, consultants and property‑management capability. - commitment to a fast diligence and mobilisation timeline. due diligence & documentation available - land documents: government allocation, certificate of occupancy (c of o), deed/assignment documents (available for inspection). - survey & tdp: existing survey and topographical plan available on request. - owner can provide baseline site photos and high‑level title pack after nda. - recommended buyer/partner diligence: land registry search, geotechnical & environmental screening, planning/zoning confirmation and infrastructure costing. indicative timeline (subject to agreement) - stage 1 (0--2 weeks): submit loi and pre‑qualification pack. - stage 2 (1--3 weeks): nda, site inspection and document access. - stage 3 (2--6 weeks): technical, legal and commercial due diligence. - stage 4 (2--4 weeks): negotiate heads of terms / mou. - stage 5 (mobilisation): secure approvals, finance and commence infrastructure / phase 1 construction based on agreed programme. what to include in your loi - company name, contact person and position. - brief statement of interest and proposed jv approach (land‑for‑equity / profit share / hybrid). - evidence of financial capability (bank reference or pof) and outline of proposed funding structure. - brief portfolio of comparable projects and client references. - proposed timeline for due diligence and meeting request. next steps 1. submit loi and pre‑qualification documents. 2. sign nda to receive full title pack, survey and tdp. 3. shortlisted developers invited for site inspection and meeting to review concept and commercial terms. 4. agree heads of terms and proceed to definitive jv agreement and due diligence closure. closing remark this is a large, strategically located sangotedo parcel with clean title and an owner who is motivated to partner with an experienced developer. the proposed low‑density product and proximity to crown estate make this an attractive opportunity for premium residential development with healthy margins. facilitator fee of 10% is noted and negotiable as part of the commercial terms. please submit your loi and pre‑qualification pack for immediate consideration. 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 referrals & third party agents: 2.5%-comm ref: d...

Joiint venture (jv) crown estate sangotedo:685sqm, price 150m two fully detached sharing 40/60 open proposal facilitators fee:10% closea...

Joint venture: dry & firm land measuring 10,000 square meters for joint venture (jv) at ajayi apata royal estate, 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 between crown estate and fara park - the location is about 10 minutes drive after ajah roundabout - popular monuments/ estate in the area are: crown estate, fara park, diamond estate, new shoprite, sapphire garden, greensprings school, corona school, mayfair garden, victoria court cementary, etc. all these are less than 5 minutes drive from the location of the land. title: global certificate of occupancy (c of o) premium: n40m 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....

Groundbreaking jv opportunity: 25 hectares prime land opposite crown estate, sangotedo unlock ₦27.5b+ development potential - govt c of o secured - 2 units/plot flexible core offering landowner partnership: jointly develop 25 hectares (500 plots × 500sqm) in sangotedo's golden corridor -- directly facing crown estate's luxury enclave. jv terms at a glance parameterdetails land value₦55m/plot (total land value: ₦27.5 billion) titlegovernment allocation + c of o (litigation-free, bankable) development density2 units/plot standard (negotiable for mixed-use/towers) profit sharingtbd -- structured to favor active capital partners (e.g., 60:40 split) facilitator fee10% (negotiable based on project scale) projected financial upside conservative roi model (based on sangotedo 2024 metrics): - per-plot investment: ₦55m (land) + ₦70m (construction) = ₦125m total - revenue/plot: 2 units × ₦120m/unit = ₦240m - gross profit/plot: ₦115m (92% roi) - total project profit: ₦57.5 billion (500 plots) note: crown estate adjacency commands 30% premium valuations (source: knight frank). location supremacy: opposite crown estate - address: sangotedo, lagos (lekki-epe expressway axis) - strategic advantages: - 5 mins to pan-atlantic university - 8 mins to novare mall & shoprite - 15 mins to awoyaya industrial hub - demand drivers: overflow demand from crown estate residents dangote refinery executive housing shortage lagos' fastest land appreciation (35% yoy) ️ development flexibility approved options: 1. luxury mid-rises: 8-floor residences (24 units/plot achievable) 2. gated community: townhouses + amenities (clubhouse, pools) 3. mixed-use hub: retail podium + serviced apartments 4. corporate suites: short-let apartments for refinery staff infrastructure advantage: - existing road networks - easy drainage connectivity - grid power access jv structure & next steps phase 1: landowner contribution - provides titled land (govt allocation + c of o) - handles statutory approvals (planning permits, eia) phase 2: capital partner commitment - funds construction/branding - manages sales/leasing process: 1. eoi submission: company profile + financial capacity 2. term sheet: agree on profit share/facilitator fee 3. feasibility study: jointly validate project scope 4. spv formation: dedicated project vehicle seize this legacy deal! for developers/institutions only: contact: [your name/company] - [phone] - [email]requirement: proof of liquidity (₦5b+ minimum project capacity) "this isn't just land---it's a generational wealth engine. partner with us to dominate sangotedo's elite corridor." key jv incentives - first-mover advantage: only large parcel opposite crown estate - exit flexibility: sell developed units or lease for cash flow - facilitator fee discount: slashed to 7.5% for partners committing to 50+ plots - title insurance: provided at spv formation #d...