Joint Venture Residential Land in Estates, Ikoyi, Lagos

*joint venture osborn ii* 800sqm c of o luxury flats no premium sharing is tbd value 1.3m per sqm it's closeable for serious develo...

️ waterfront land for sale / jv️ location: osborne phase 2, ikoyi, lagos land size: 3,216 sqm price: ₦1,100,000 per sqm title: federal c of o & lagos state regularization uniqueness: vacant possession, prime waterfront land, suitable for both residential and commercial developmen...

Joint venture development opportunities 1. reeve road, ikoyi land size: 1,899sqm proposal: high-rise development title: certificate of occupancy (c of o) premium: to be determined agency: 10% 2. ajose adeogun street, victoria island land size: 2,600sqm proposal: two residential blocks and one office block height: 10--15 floors per block title: certificate of occupancy (c of o) premium: to be discussed agency: 10% 3. banana island (zone j19) land size: approximately 5,000sqm land value: ₦4m per sqm title: federal certificate of occupancy (c of o) proposal: open premium: ₦1 billion agency: 10% 4. fenced 1,600sqm of land on a tarred road within a gated estate at arepo price: ₦1...

Joint venture development opportunity prime land on gerrard road, ikoyi 6,326 sqm direct gerrard road frontage lasg c of o title land value: ₦3.5m per sqm proposed: twin 15-floor towers --- property & proposal overview - location: plots a & b, zone 31, gerrard road (residential zone), ikoyi, lagos. - land size: 6,326 sqm. - title: lagos state government (lasg) certificate of occupancy (c of o). - land value: ₦3.5 million per sqm. - total land value: ₦22.141 billion. - owner's vision: development of a minimum of twin 15-floor residential towers with ample dedicated parking. - partnership model: joint venture (jv). sharing ratio to be determined (tbd) based on contributions. - facilitator's fee: 10% of the total land value, payable upon successful jv agreement. --- key highlights - unrivalled ikoyi address: direct frontage on gerrard road, one of the most prestigious and sought-after residential addresses in africa. - institutional-scale site: a rare, large contiguous parcel (over 6,300 sqm) in core ikoyi, suitable for a landmark, high-density project. - premium title security: a full lasg c of o is the gold standard for land ownership in lagos, ensuring maximum security for financiers and partners. - clear development directive: the landowner has a specific vision for high-rise luxury residential towers, reducing initial planning ambiguity. - ready for inspection: the property is accessible for immediate due diligence and feasibility studies. --- ️ development potential & vision this partnership is envisioned to create a premier residential landmark. the core proposal includes: - twin 15-floor luxury residential towers. - high-quality specifications: premium finishes, modern amenities, and expansive views. - significant parking provision: ample dedicated car park spaces as a key requirement from the owner. - potential: while focused on residential, the scale allows for integrated amenities (wellness spa, clubhouse, retail podium) to create a world-class vertical living community. --- location & market context - ikoyi's premier corridor: gerrard road is synonymous with luxury, privacy, and elite living, ensuring strong demand and premium pricing for units. - established infrastructure: benefits from excellent roads, reliable power in many parts, and top-tier security. - proximity to business hubs: minutes from victoria island's business district and lagos island's commercial center. - market justification: the asking land value of ₦3.5m/sqm is aligned with current 2026 valuations for prime, titled ikoyi land, especially on a major road like gerrard road. end-unit prices in new developments here regularly exceed $1,000,000. --- jv structure & financial implication - landowner's contribution: land valued at ₦22.141 billion. - developer/partner's contribution: full financing for construction, expertise, and project execution. - ownership split: to be negotiated (tbd), typically based on the agreed value of land versus the total project cost (construction, soft costs, profit). - project scale: a development of this magnitude on this site will likely have a total project cost exceeding ₦50 billion, targeting the ultra-luxury market segment. --- next steps for serious partners this is an opportunity to co-create an iconic project in the heart of ikoyi. ideal partners must have proven capability and financial capacity. submit an expression of interest including: 1. company profile & track record: detailed portfolio of completed high-rise (10+ floors) luxury residential projects. 2. proof of financial capacity: evidence of ability to fund a project of this scale. 3. initial technical proposal: preliminary thoughts on design, unit mix, and feasibility to achieve the twin-tower vision. 4. proposed jv model: a preliminary framework for the sharing ratio and partnership structure. critical due diligence first steps: - title verification: confirm the lasg c of o at the lagos state lands bureau. - comprehensive site & feasibility study: conduct topographic surveys, geotechnical investigations, and traffic impact assessments specific to a 15-floor development. - engage professional counsel: secure a top-tier real estate lawyer to structure the jv agreement. ideal partner profile: - established real estate development firm with luxury high-rise experience. - institutional investor or fund with a real estate development arm. - a consortium with strong technical and financial backing. a definitive opportunity to partner on a legacy-defining project in the most exclusive neighborhood in lag...

Jv in parkview 2265sqm bareland in parkview estate in bode olajumoke. proposal: open value: ₦1.3m per sqm title: lagos c of o facilitators fees:10% soil test results available awdju...

Joint venture development opportunity prime land on bourdillon road, ikoyi 4,417 sqm direct bourdillon road frontage proposed high-rise land value: ₦3.8m/sqm --- property & proposal overview - location: bourdillon road, ikoyi, lagos. - land size: 4,417 sqm. - proposal: high-rise development (specific details to be confirmed). - land value: ₦3.8 million per sqm. - total land value: ₦16.7846 billion. - premium: ₦1 billion (to be factored into total land cost for jv). - agency/facilitator's fee: 10% of land value. - owner status: reported as available to conclude a transaction immediately. --- key highlights - iconic bourdillon road address: this is one of the most exclusive and prestigious addresses in nigeria, offering unparalleled recognition and appeal for a luxury development. - substantial development footprint: over 4,400 sqm provides significant space for a landmark high-rise project with extensive amenities. - urgent transaction timeline: the owner's reported readiness for immediate closure presents a potentially accelerated partnership timeline for a qualified developer. - high-rise potential: the location and scale are ideally suited for a premium residential tower, corporate headquarters, or mixed-use landmark. --- ️ development potential given the location and scale, the site is ideal for: - ultra-luxury residential tower(s) with panoramic views. - corporate headquarters building for a leading institution. - high-end mixed-use complex (residential, office, retail). - boutique hotel or branded residences. the specific proposal of "high rise" indicates zoning and planning potential for significant density. --- location & market context - the pinnacle of prestige: bourdillon road is synonymous with ultimate luxury, privacy, and status in lagos real estate. - established elite enclave: surrounded by other high-value properties, embassies, and consulates, ensuring a consistent high-net-worth environment. - central connectivity: provides excellent access to the business districts of victoria island and ikoyi while maintaining a serene, secured atmosphere. - market valuation: the stated land value of ₦3.8m/sqm is within the upper tier of the current 2026 market for absolute prime, titled ikoyi frontage land. --- financial structure & jv implications - total land cost for jv: land value (₦16.78b) + premium (₦1b) = ₦17.7846 billion. - agency fee: 10% of land value, typically payable by the landowner upon deal closure, but structure must be clarified in the agreement. - jv partnership model: this would typically involve the landowner contributing the land at the agreed value, and the development partner contributing 100% of the construction funding and expertise. the final equity split is negotiable based on these contributions. - project scale: a high-rise development on this site represents a multi-billion dollar investment, targeting the ultra-premium segment of the market. --- ️ critical verification & next steps despite the urgency ("sure deal"), comprehensive due diligence is non-negotiable for an asset of this magnitude. 1. immediate title verification: the first step is to confirm the authenticity of the title (likely a governor's consent or c of o) at the lagos state lands bureau. this is the only way to confirm ownership and check for encumbrances. 2. physical & technical due diligence: a site visit with surveyors to confirm size and boundaries, followed by geotechnical and feasibility studies for a high-rise. 3. direct owner engagement: establish direct contact with the verified landowner to understand the full proposal, the reason for the premium, and to negotiate terms. 4. professional jv agreement: engage a top-tier real estate lawyer to draft a binding joint venture agreement that clearly outlines all contributions, roles, profit-sharing, and dispute resolution mechanisms. ideal partner profile: - a development consortium or institution with proven experience in delivering high-rise luxury projects in prime locations. - entity must have the financial capacity to fund construction costs that will significantly exceed the land value. this is a rare call to action for a landmark ikoyi site. proceed with the utmost urgency in your verification, not just in transaction tal...

Joint venture development opportunity prime vacant land on banana island, ikoyi 4,947.766 sqm c of o title land value: ₦4m/sqm proposed: flats, maisonettes & penthouses --- property & proposal overview - location: residential area, banana island, ikoyi, lagos. - land size: 4,947.766 sqm of vacant land. - title: certificate of occupancy (c of o). - land value: ₦4 million per sqm. - total land value: ₦19.791 billion. - owner's proposal: development of flats, maisonettes, and penthouses across 6 floors. - visual proposal: detailed architectural animations and plans available upon request. - jv structure: 50:50 sharing ratio based on land value vs. total project development cost. - premium: nil. - facilitator's fee: 10% of the total land value. - mandate: dealing directly with the authorized representative. --- key highlights - africa's most exclusive address: a rare opportunity to develop on banana island, the pinnacle of luxury living in nigeria, known for its unparalleled security, infrastructure, and prestige. - substantial & vacant parcel: over 4,900 sqm of clear land provides immense flexibility for a low-rise, high-density luxury residential estate, maximizing the unit yield on this coveted island. - clear development vision: the owner has a defined proposal for a mix of flats, maisonettes, and penthouses, providing a clear starting point for design and feasibility. - equitable partnership: a proposed 50:50 sharing ratio indicates a partnership seeking a balanced and fair collaboration between landowner and developer. - premium c of o title: ownership is backed by a certificate of occupancy, the strongest form of title for such an asset. --- ️ development potential the proposal outlines a premium, low-to-mid-rise residential community ideal for the banana island context: - unit mix: a combination of luxury flats, spacious maisonettes (duplex units), and exclusive penthouses. - scale: a 6-floor structure allows for a significant number of units while maintaining the aesthetic and density norms of the island. - amenities: expected to include premium finishes, private parking, recreational facilities (pool, gym, clubhouse), and 24/7 concierge-level security. - target market: ultra-high-net-worth individuals, corporate executives, and expatriates seeking the ultimate in secure, luxurious island living. --- location & market context - unmatched prestige & security: banana island is a meticulously planned, man-made island with controlled access, underground utilities, and round-the-clock security, offering an unrivaled living environment. - proven value appreciation: real estate on banana island consistently commands the highest prices per square meter in nigeria and shows resilient, long-term capital growth. - strong rental demand: there is consistent and high demand for premium rental properties on the island from both local and international tenants. - market justification: the land value of ₦4m/sqm is aligned with the premium for titled, vacant land in the most exclusive residential enclave in west africa. --- financial structure & jv model - total land contribution value: ₦19.791 billion. - partner contribution: the development partner is expected to provide 100% of the construction financing, project management, and sales expertise. - ownership split: 50% to landowner, 50% to development partner, based on the land value versus the total developed project cost (construction, soft costs, marketing, etc.). - project scale: a luxury development of this size on banana island represents a multi-billion naira project with potential for exceptional returns. --- next steps for qualified development partners this is a definitive call for a partner capable of executing a world-class project on the most prestigious island in africa. to express serious interest, provide: 1. corporate profile & proven track record: evidence of completed luxury residential projects, especially in high-value locations like ikoyi, vi, or banana island. 2. financial capability: demonstrable proof of funds or financing capacity for a project of this magnitude. 3. initial feasibility alignment: a preliminary response to the 6-floor flats/maisonettes/penthouses proposal. 4. request for animation: ask to review the available visual proposal to fully understand the scope. mandatory due diligence first steps: - title verification: immediate verification of the c of o at the lagos state lands bureau is the absolute first step. - site inspection & feasibility: conduct a detailed topographic survey and engage architects/engineers for a preliminary feasibility study based on the provided animations. - legal framework: engage a reputable real estate law firm to structure the 50:50 joint venture agreement. ideal partner profile: - top-tier real estate development firm with a portfolio of luxury projects. - a consortium with strong financial backing and construction expertise. - an institutional investor with a development arm focused on prime assets. this is a rare and serious mandate to co-create a landmark residential estate on banana island. the 50:50 framework offers a balanced foundation for a landmark partnersh...