Residential land joint venture
Bourdillon Road, Ikoyi, Lagos
**joint venture opportunity**
bourdillon road
--- 4,400 m²
(jv opportunity)
strategic jv on bourdillon road --- 4,400m² with developer-preferred equity structure and ₦900m premium
property summary
a prime bourdillon road estate offered on a jv basis where the developer takes a majority project share to deliver a high-end residential scheme. the proposal prioritises maximum profitable use of the land and includes a premium payable to the developer that is deductible from the landowner's entitlement.
key facts & proposed jv terms
- area: 4,400 m²
- benchmark land value: ₦3,000,000 / m² total land value ≈ ₦13,200,000,000
- proposed jv equity split: developer 65% : landowner 35%
- premium: ₦900,000,000 deductible from the landowner's share and credited to the developer (exact mechanics to be agreed)
opportunity & recommended uses
- high-end villas, gated estate or luxury multi-unit residential
- developer to lead design, construction, sales and marketing with majority equity position
- flexible structuring: profit-share, unit allocation, or phased delivery
title & legal notes
- title(s): cofo
financial & structuring considerations
- benchmark land value indicates significant gdv opportunity; a detailed gdv-based financial model is required to establish irr and payback
- clarify timing and payment mechanism for the ₦900m premium --- whether paid upfront, staged or credited against landowner equity
- tax, stamp duty and development levy implications should be reviewed
investment highlights
- majority developer equity and a sizable premium incentivise developer-led delivery
- prime address with strong market demand for luxury product ensuring attractive exit options
for more information or to schedule a viewing, please contact us.
this is a rare opportunity to invest in a prime location in one of the most prestigious locations in lagos---don't miss out on securing your slice of luxury in lagos!
*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.
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₦13,200,000,000
The Build Centre Properties
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