Joint Venture Residential Land in Estates, Lekki, Lagos

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 --- . facilitator fee: 10% net. owner seeks an iconic bright & dynamic residential ur mixed use development photos: illustration purposes only. (land owners view) completely open to developer's final proposal 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. *please feel free to browse our other featured properti...

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