Land joint venture
                      Coker Road, Ilupeju, Lagos
                    
                        
                            Joint‑venture opportunity --- 
coker road, ilupeju  
1,090 sq.yd (~915 sqm)  
land value ₦850,000,000 --- 
developer jv (16--24 x 3‑bed luxury flats)
overviewdirect jv instruction: prime inner‑city development parcel on coker road, ilupeju offered for a closeable joint venture with an experienced developer. the owner proposes delivery of 16--24 luxury 3‑bedroom apartments (subject to design & approvals). this is a live, 100% closeable jv --- the owner is ready to meet credible developers immediately.
quick facts
	-	location: coker road, ilupeju, lagos
	-	land size: 1,090 sq.yd (approx. 915 sqm)
	-	land value: ₦850,000,000
	-	proposed scheme: 16 to 24 units of 3‑bed luxury flats (final unit count to follow feasibility & planning)
	-	premium: ₦30,000,000 (to be recouped in the sharing formula)
	-	facilitator's fee: ₦50,000,000 (payable per agreed heads of terms)
	-	agreement fee: ₦10,000,000 (indicative legal/agreement fee)
	-	title: available on request (to be provided to qualified parties for verification)
	-	status: owner ready to engage and meet serious developers --- jv described as 100% closeable
why this jv is compelling
	-	inner‑city location: ilupeju/coker road provides strong catchment for mid‑to‑high end residential product serving professionals and executives.
	-	optimal scale: plot size supports a quality mid‑rise apartment block with efficient unit mix and amenity space.
	-	speed to market: owner is motivated and prepared to advance to heads of terms quickly with qualified partners.
	-	value creation: developer benefits from land equity contribution and can optimise returns by delivering finished product to market.
suggested development concept
	-	luxury 3‑bedroom apartment product (16--24 units) with contemporary finishes, secure parking, standby power, water storage and communal amenities (gym/communal lounge / generator house).
	-	options: single block or two linked blocks, with ground‑floor retail/servicing where planning permits to enhance income.
what the owner expects from a partner
	-	proven developer or institutional investor with relevant lagos apartment delivery track record.
	-	demonstrable financing (proof of funds or committed facilities) to complete the project.
	-	ability to manage approvals, contractor procurement and sales/letting channels.
	-	willingness to adopt transparent jv governance and agreed milestone funding structure.
commercial mechanics (to be agreed)
	-	premium: ₦30m --- to be recouped from project receipts per agreed waterfall.
	-	facilitator fee: ₦50m (non‑negotiable) --- payable by developer/owner as set out in hot.
	-	agreement fee: ₦10m (indicative legal/administration fee).
	-	sharing formula: open for negotiation --- owner will consider common structures (land‑for‑equity, profit share, or hybrid models). exact split, cost recovery rules and developer fee to be set in heads of terms.
due diligence & documents
	-	title & survey: certified title documents, survey and site plan available to qualified parties on request.
	-	technical: shortlisted partners to commission site inspection, geotechnical & topographic surveys and independent qs cost‑to‑complete.
	-	planning: confirm permitted coverage, setbacks and parking with lagos state planning authority; developer to propose final massing subject to approvals.
	-	financial: developer to provide high‑level pro‑forma, funding plan and evidence of financial capacity.
process & next steps (recommended)
	1.	submit a concise letter of interest (loi) with company profile, relevant project examples and proof of funds.
	2.	on qualification the owner/facilitator issues an nda and certified title pack.
	3.	site inspection and technical assessment by shortlisted partners.
	4.	developer submits a jv proposal (commercial structure, timeline, funding & delivery plan).
	5.	negotiate heads of terms (capture premium recoupment, facilitator fee payment mechanics, sharing waterfall and milestones).
	6.	execute formal jv agreement and mobilise per agreed milestones.
contact & registration
owner and facilitator will meet serious developers immediately. to express interest, request the title pack or arrange a site visit, submit your loi to:
[facilitator / agent]the build centre properties ltdtel: +234 708 056 2616  +234 814 455 0891email: [email protected]
notes & confidentiality
	-	this opportunity is offered semi‑direct; full documentation released to pre‑qualified parties only (loi, proof of funds and nda required).
	-	all information is provided in good faith and subject to verification. final terms to be agreed in heads of terms and formal legal documentation.
contact: mr. kola adesina (edba)
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 properties
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                        ₦850,000,000                                            
                    
                    
                    
                    
                    
                        The Build Centre Properties
                                                    
                                  09028190510