Residential land joint venture
Zone J5, Close 101, Banana Island Estate, Banana Island, Ikoyi, Lagos
Joint venture opportunity: banana island estate, ikoyi, lagos
property details:
- land size: 4,570 sqm (waterfront, fenced with gate)
- location: zone j5, close 101, banana island estate, ikoyi, lagos
- title: federal certificate of occupancy (c of o)
- current market value: $12,000,000
proposed development:
- project: construction of 60 units of classic apartments
- sharing formula:
- owner's share: 40% of completed units
- developer's share: 60% of completed units
- premium (upfront payment): nil
- facilitator's fee: 7% of land value or as agreed
terms:
- developer will manage regulatory approvals, project funding, construction, and delivery.
- owner will provide unencumbered access and full cooperation.
this joint venture opportunity presents a lucrative chance for collaboration and mutual benefit..
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$12,000,000
approx. ₦18,562,444,296
Ahmadbell Properties Limited
012912100