A Rare 3000sqm Zero Premium Jv Opportunity On Offer

CLOSEABLE JOINT‑VENTURE --- MIXED‑USE BANANA ISLAND, IKOYI (A RARE, ZERO‑PREMIUM OPPORTUNITY)
Headline
Acquire a landmark development platform on Banana Island ---
3,000 sqm (L13C & L13D) with Certificate of Occupancy.
No premium.
Prime for two signature towers: 14‑storey luxury apartment blocks with penthouses.
This is a closeable JV engineered for elite developers and institutional partners.

Quick Facts

- Location: Mixed‑Use Banana Island, Ikoyi, Lagos --- ultra‑prestigious address
- Land Parcels: L13C & L13D --- combined area: 3,000 sqm (single, contiguous holding)
- Title: Certificate of Occupancy (C of O) --- bankable and verifiable
- Proposed Scheme: 2 x luxury towers --- 14 floors each with penthouses (conceptual; developer to finalise design)
- Indicative Land Value: ₦12,000,000,000 (Twelve Billion Naira)
- Premium: Nil --- landowner requires no premium (accelerates close and improves project IRR)
- Broker / Facilitator Fee: 10% of total land value (to be agreed and captured in Heads of Terms)
- Sharing: To Be Determined --- flexible, commercially attractive structures welcome
- Status: Closeable --- owner ready to transact with credible partners

Why this is a standout JV

- Banana Island cachet: An address synonymous with exclusivity, capital appreciation and the highest bracket of buyer demand in Lagos. A Banana Island flagship will command exceptional GDV and strong pre‑sale traction.
- Strategic scale & flexibility: 3,000 sqm on Banana Island allows a landmark, high‑yield scheme with podium amenities, private parking, landscaped courts and premium vertical product.
- Zero premium: Absence of an upfront premium materially enhances developer returns and simplifies financial close.
- Bankable title: Certificate of Occupancy supports financing, mortgageability of finished units and institutional partnerships.
- Developer‑centric: Owner seeks a credible, experienced developer to deliver a high‑quality, branded residential product --- the right partner can create a market‑defining project.

Suggested product & commercial upside

- Luxurious 14‑floor towers with duplex penthouses, private lifts, rooftop amenities and concierge services.
- Mixed‑use podium potential (retail F&B, wellness/fitness, private residents' club) to enhance GDV and recurring revenue streams.
- Strong exit channels: direct sales to HNWIs, institutional investors, branded residences and serviced apartment operators.

Required qualifications & procedure (strict & streamlined)
To ensure rapid, secure progression this is for proven developers / institutional partners only. The process:

1. Letter of Intent (LOI) --- mandatory to initiate engagement. LOI should include headline commercial concept and proposed JV structure.
2. Company Profile & Track Record --- demonstrable experience in delivering high‑end residential or mixed‑use developments.
3. Proof of Funds (POF) --- bank letter or financier commitment for both project financing and facilitator's fee. Proof of capacity is essential.
4. Inspection --- site visit arranged for pre‑qualified parties only.
5. Comprehensive Proposal --- detailed development concept, unit mix, GDV estimate, funding plan, proposed sharing formula and delivery timetable.
6. Meeting with Owner --- shortlisted developers invited for commercial negotiation.
7. Heads of Terms Formal JV Agreement Mobilisation & Closure

Data Room & Due Diligence
Full documentation (C of O, survey, site particulars) available to pre‑qualified parties on execution of NDA and receipt of LOI + POF. Detailed feasibility & animation packs available on request to serious bidders.

Broker / Facilitator
Broker fee of 10% of the total land value --- timing and payment mechanics to be agreed and recorded in the facilitator agreement / Heads of Terms.

Call to Action --- Act decisively
This is a prestige, closeable JV in one of Africa's most coveted enclaves. If you are a proven developer or institutional investor with capacity to deliver world‑class product, submit your LOI, company profile and proof of funds immediately to access the data room and schedule a private briefing.

Confidential enquiries only --- shortlisted parties will be granted exclusive access and invited to meet the owner. Build the Banana Island landmark that defines Lagos luxury.
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