High Potential Joint Venture Opportunity On Offer

Title
Prime JV Opportunity --- 2,500 m² at Chevy View Estate (Udeco Medical Rd / Chevron Drive), Lekki
C of O Land Value ₦450,000 / m²

Headline
Strategic Lekki landbank for Joint Venture ---
2,500 m² serviced C of O parcel on Udeco Medical Road (off Chevy View Estate / Chevron Drive).
Perfect for high‑value residential (luxury terraces) or medium‑high density flats.
Land value ₦1.125B ---
Developer proposals invited (sharing ratio TBD).
Facilitator fee: 10% NET.

Key facts

- Site area: 2,500 m²
- Location: Udeco Medical Road, off Chevy View Estate / Chevron Drive, Lekki, Lagos --- prime, fast‑appreciating corridor
- Title: Certificate of Occupancy (C of O) --- transferable; documentation available on request
- Land valuation benchmark: ₦450,000 per m² Total land value ≈ ₦1,125,000,000
- Proposal: Joint Venture (developer to propose scheme) --- recommended: block(s) of flats or premium terraces (developer may present an alternative concept with equal or superior ROI)
- Sharing ratio: To Be Determined (TBD) --- owner reviewing competitive proposals
- Facilitator's fee: 10% NET (payable as agreed; to be deducted from net transaction proceeds or as contractually determined)

Opportunity summary
A rare development parcel in the Chevy View / Chevron Drive corridor offering excellent connectivity, strong market demand and visible upside. The site is ideal for product targeting upper‑mid to luxury owner‑occupiers and long‑let clientele --- think premium terraces or a high‑quality mid‑rise apartment scheme. The owner is seeking a capable development partner willing to structure a JV that delivers strong returns; flexible commercial structures will be considered so long as they meet the owner's value expectations.

Location advantages

- Situated off Udeco Medical Road, in the established Chevy View / Chevron Drive pocket --- easy access to Lekki‑Epe Expressway and Chevron/Ikoyi‑Lekki nodes.
- Rapidly appreciating micro‑market benefiting from new infrastructure, retail and employment catchments.
- Close to medical centres, schools, retail and leisure amenities --- high tenant and buyer demand for quality residential product.

Suggested development concepts (examples --- developer to confirm)

- High‑spec luxury terraces (townhouses) for sale to HNW local and expatriate buyers --- premium price per plot/unit.
- Mid‑rise residential block(s) of flats (high‑density but high‑quality finish) targeting family and executive renters/sale market.
- Boutique mixed‑use with ground‑floor retail/amenity and residential above (subject to planning).
- Build‑to‑sell, build‑to‑rent or hybrid delivery --- developer to propose optimal exit and phasing strategy.

Financial & commercial summary (indicative)

- Land value (benchmark): ₦450,000 / m² ₦1,125,000,000 total
- Developer to produce GDV-based feasibility including: achievable unit mix, pricing assumptions, construction cost, financing, sales & marketing, and IRR.
- Sharing ratio: owner will evaluate proposals; commercial terms must deliver competitive returns that reflect the location and C of O security.
- Facilitator fee: 10% NET payable as agreed (confirm payment mechanics during Heads of Terms).

What the owner expects from proposals

- Clear developer profile: experience, recent comparable schemes, financial capacity and delivery track record.
- A concept scheme with high‑level GDV, capex budget, programme and projected returns.
- Proposed JV structure (equity split, developer responsibilities, timing of cashflows).
- Confirmation of acceptance of facilitator fee profile/structure.


Ideal partner profile

- Developer with proven residential delivery record in Lekki/Ajah or comparable Lagos sub‑markets.
- Sufficient balance sheet capacity or funding relationships to manage entitlement and construction.
- Strong sales & marketing capability or a partnering realtor to maximise GDV.
- Willingness to propose competitive commercial terms and accept facilitator fee mechanics.

Selling points --- why act now

- Strategic Lekki corridor with accelerating capital appreciation.
- Market demand for quality residential product remains strong among owner‑occupiers and expatriates.
- C of O title increases transaction security and facilitates finance.
- Owner is receptive to sensible JV structures and will consider well‑priced, rapid proposals.

Practicalities & facilitator fee note

- Facilitator fee bound by IMFPA-(10% NET) forms part of this transaction ---
Please confirm acceptance and payment mechanics with your proposal.
The facilitator's fee will be paid net of taxes and as per the facilitator agreement (details to be provided).

Next steps / Call to action
If you are an experienced developer or institutional partner and would like to receive the full JV information pack, please:

- Submit a brief developer introduction (company profile, examples of comparable projects, proof of funding capability).
- Sign the NDA (if requested) and request the site documentation.
- Arrange a site visit --- accompanied viewings only.

Confidentiality
All detailed documentation and commercial discussions will be provided on a confidential basis and subject to a signed NDA. Serious proposals only.
*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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