Land

This joint venture (JV) proposal outlines the opportunity for a strategic partnership to develop a prime property

located on Cameron Road, Ikoyi ---one of Lagos' most prestigious and sought-after locations.

This opportunity is
exclusively available to real estate developers with a proven track record of excellence, financial capability, and
history of delivering high-quality developments.
2. Property Overview
- Location: Cameron Road, Ikoyi, Lagos.
- Size: 2,316.24 square meters.
- Current Market Value: ₦2,500,000 (Two Million, Five Hundred Thousand Naira) per square meter.
- Total Valuation: ₦5,790,600,000 (Five Billion, Seven Hundred and Ninety Million, Six Hundred Thousand Naira).
- Title: Lagos State C of O.
- Zoning: The property is zoned for medium residential density at 80 units per hectare or as advised by
regulatory authorities.
- Premium Requirement: The landowners are requesting a premium of ₦100,000,000 (One Hundred Million
Naira) as part of the JV agreement.
3. Development Potential
Given its strategic location, the property is well-suited for a high-end residential development, leveraging Ikoyi's

prime real estate market. Proposed development concepts may include multistorey high-end serviced apartments.
4. Developer Qualification Criteria
Only developers with the requisite pedigree will be considered. To qualify, interested parties must demonstrate:
- A proven track record of successfully completed luxury/mixed-use developments in prime locations.
- Financial capability and access to funding.
- Strong project execution capacity and expertise backed by a team of architects, registered engineers,
and project managers reputed for quality and timely delivery.
- A commitment to delivering high-quality developments that align with Ikoyi's prestige.
- A willingness to submit a detailed development proposal, including architectural concepts, financial
projections, and execution timelines.
- Deep understanding of the luxury real estate market in Lagos and the ability to execute a successful sales
and marketing strategy.
- A strong reputation for integrity, professionalism, and adherence to contractual obligations.
5. Submission of Interest
Interested developers are required to submit an Expression of Interest (EOI) detailing:
- Company profile and track record.
- Details of past and ongoing projects.
- Financial capability statement.
- References from previous clients and/or partners
- Proposed development concept (Design/ 3ds) and business model.
- Proposed JV structure and partnership terms.
- ⁠
- 10% facilitator's fee letter (Negotiable).


CONTACT INFO:
Call Wendy on 09064241606 or WhatsApp 08055629690 for further information and to schedule a private viewing.

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