Land in Banana Island, Ikoyi, Lagos

Joint venture opportunity- land value not negotiable exclusive jv opportunity --- 5,000 sqm banana island land luxury 15--20‑storey residential scheme (3‑bed w/ bq, 4‑bed maisonettes & penthouses) --- land value ₦4,000,000/sqm opportunity summary a rare banana island joint‑venture invitation for an institutional developer/operator: 5,000 sqm of prime island land proposed for a landmark luxury residential tower(s) of circa 15--20 storeys. the sponsor is seeking an experienced developer partner to deliver a high‑end scheme made up principally of 3‑bedroom luxury apartments with boys' quarters, 4‑bed maisonettes and premium penthouses. land value: ₦4,000,000 per sqm (implied land value ₦20,000,000,000). loi is considered sufficient to open discussions. why this is compelling - banana island address --- the island's strongest luxury residential brand, exceptional scarcity value, strong resale and rental demand from uhnw and expatriate markets. - scale --- 5,000 sqm contiguous plot provides the flexibility to deliver an architecturally significant building with podium parking, resident amenity and landscaped grounds. - product fit --- 3‑bed luxury apartments with bq, 4‑bed maisonettes and penthouses are proven high‑demand products on banana island that command premium pricing and strong yield stability. - attractive land equity --- owner contribution of land materially reduces developer upfront land cost and enhances project irr for a properly structured jv. owner's high‑level development brief - height & density: 15--20 storeys subject to planning approvals and serviceability studies. - product mix (developer to confirm in feasibility): majority 3‑bed luxury apartments (each with dedicated bq), selective 4‑bed maisonettes and signature penthouse(s) with private terraces/pools. - amenities: concierge, residents' gym, spa, private pool, children's play, landscaped gardens, private drive/valet, secure podium/basement parking, backup power and dedicated waste management. - quality: branded finishes, smart building systems and professional estate/property management to target top‑tier clients. indicative land valuation & commercial context - stated land value: ₦4,000,000 per sqm 5,000 sqm × ₦4,000,000 = ₦20,000,000,000 (land equity reference). - developers should model gdv, construction cost and target irr; the owner expects a land‑for‑equity or profit‑share structure (details negotiable for credible proposals). suggested jv/commercial structures (examples) 1. land‑for‑equity - owner contributes land as equity. developer funds design, approvals, construction and sales/marketing. - equity split to be negotiated (typical starting point: developer 60% : owner 40% --- adjustable based on financing, guarantees, speed and execution risk). 2. profit‑share after cost recovery - developer recovers construction costs + agreed fee; remaining net profit is split per agreed ratio. 3. hybrid (fixed premium + equity) - owner receives an agreed upfront premium or staged payments plus equity/units in the completed development. 4. concession / bot‑style (if preferred) - developer operates asset for agreed period to recover investment and returns, then transfers agreed interest to owner. developer & partner profile required - proven track record delivering luxury/high‑rise residential projects (preferably in lagos/nigeria or comparable west african markets). - strong balance‑sheet or secured construction finance lines; audited accounts and bank/financier references. - in‑house or contracted design, qs, pm, main contractor and property management capability. - demonstrated approvals experience with lagos/nigerian planning and utility authorities, and ability to mobilise quickly. - willingness to provide performance bonds, parent company guarantees or completion sureties as part of the deal. documentation & pre‑qualification (loi pack) to be considered, submit a concise loi and the following: - letter of interest (loi) confirming jv intent and proposed high‑level commercial approach. - company profile and registration documents (rc, tin). - evidence of financial capacity (bank reference, pof or financier commitment). - portfolio of comparable projects (minimum 2--3, with photos/references). - high‑level concept note: indicative unit mix, expected programme (start completion), preliminary gdv expectation and proposed development timeline. - confirmation of ability to sign nda and proceed to site inspection and detailed due diligence. due diligence & data room - the owner will provide site pack (title / allocation documents, survey/topographical plan, any existing reports) after loi, pof and signed nda. - developer to commission feasibility: planning analysis, yield study, qs boq, geotechnical and services capacity checks. - typical timeframe: loi nda & site pack (1--2 weeks) feasibility & proposal submission (4--6 weeks) hot / mou negotiation. key negotiation points for heads of terms - exact equity/profit split and allocation mechanism (units vs cash). - cost recovery waterfall and developer fee. - construction programme, milestones and retention/security (performance bonds). - sales & marketing responsibilities and allocation of completed units/unsold stock. - approvals responsibility, statutory charges and tax liabilities. - warranties, defects liability and dispute resolution. next steps & how to apply - submit loi and pre‑qualification pack to the owner's mandate. include contact details and a succinct high‑level term sheet if preferred. - upon initial qualification, sign nda, present proof of funds / bank reference, receive the site & title pack and attend a site inspection. - shortlisted developers will be invited to present concept proposals and commercial offers for immediate consideration. confidentiality & process note - banana island opportunities are highly sensitive and will be handled confidentially. full documentation, site access and owner meetings will be granted only to shortlisted, pre‑qualified developers with verified financial capability. why act now - this is a true trophy jv opportunity in one of lagos's most exclusive addresses --- early partners can secure favourable equity mechanics, influence product specification and capture premium market pricing as demand for island luxury remains robust. 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 note: referrals & third party agents: 2.5% comm ref: r...

Distress land for sale in banana island bare land measuring 3000sqm for sale in banana island. land can be sold bit by bit in 1000sqm, 1500sqm or even 2000sqm. note: owner needs money urgently for an important project. location: (not too far from davido's former house) price: 3.5m net (instead of 4.5m current market rate) title: federal c of o + lagos state c of o joelshea...

*for sale* slvkel *waterfront land -- banana island* 5291sqm in a mixed-development zone with federal c of o. price range: ₦21.16b (₦4m/sqm) prestige location. prime waterfront. rare offeri...

*for sale in banana island* *land size: 1,000sqm* *location: zone j, 2nd avenue, front partition* *title: federal cofo* *price: ₦4.5m/s...

Fresh and juicy 750 sqmtrs of residential land at onikoyi estate, ikoyi 750 sqmtrs residential land at olori mojisola onikoyi estate off banana island road, old ikoyi a 24 hours serene, secured and access controlled neighborhood at old ikoyi title: governor's consent price: ₦2.9million per sqmtr agency:...

1000sqm land @ banana island, ikoyi with federal c of o. price is n3.5b for further enquires please contact ahmed ojikutu & associates 1,dele adedayo street, ramat ogudu gra, lagos state. 08037222205, 08051647747, 08098525477 email: [email protected] [email protected] website:ahmedojikutunassociates.com...

land for sale banana island location: banana island (non-waterfront) size: 1,000 sqm price: ₦3.2m per sqm net title: federal certificate of occupancy (c of o) secure & verified title ️ situated in a high-profile neighbourh...

Land for sale 1000sqm banana island mixed used 3.2m per ...

*for sale bare land banana island* big news in banana island (price dropped) land measuring 1,000sqm suitable for 2 detached houses title: federal cofo price: n4m per sqm serene environment 24/7 security good drain...

Prime land for sale in ikoyi location: mojisola onikoyi estate, off banana island road, ikoyi, lagos size: 920 sqm (non-waterfront) title: lagos state certificate of occupancy (c of o) price: ₦3 million per sqm property highlights: secure and verified title strategically located in a high-profile neighbourhood ideal for luxury residential development excellent road network & top-class neighborh...

Land for sale* *size:* 920 sqm _[non-waterfront]_ *location:* mojisola onikoyi estate, off banana island road, ikoyi *title:* lagos state certificate of occupancy (c of o) *price:* ₦3m per sqm *secure & verified title* *situated in a high-profile neighbourhood* olu...

For sale at banana island, ikoyi, lagos: 500, 600, 700, 852, 1000, 2275 & 3300 sq mts none water front and water front parcels of land at banana island estate, ikoyi price from: ₦3.5m per sq ...

Bare waterfront 2275sqm residential property is selling g @ n3.7m/ sqm. it is being sold en bloc, all at once. (no cutting, no dividing) it is in a nice, beautiful area in banana island. it's in between prime residential structures in a very good and accessible yet serene neighborhood. selling at n3.7m/sqm size :2275sqm total lot: n8.5b title: certtificate of occupancy location: banana island, ikoyi. if interested, stephen aims real estates ltd, +2348023146...

*banana island ikoyi residential plot sale* 850 sqms residential plot lasg cofo n4m net per ...

*fresh banana island plot land measuring 800sqm off 2nd avenue price:n4.2m per sqm title: fgn d...

Land for sale* *size:* 920 sqm _[non-waterfront]_ *location:* mojisola onikoyi estate, off banana island road, ikoyi *title:* lagos state certificate of occupancy (c of o) *price:* ₦3m per sqm *ready for immediate development, suitable for high-rise, duplexes and blocks of flats, etc* v...

Land sale: 700sqm land on 3rd avenue banana island. ikoyi price: n3.5m/sqm call to schedule a physical inspection. hotline: 0708 806 5449 take advantage tod...

Non waterfront land + building approval for sale in banana island , ikoyi- lagos !!! size: 1000sqm location: 3rd avenue title: lagos state c of o with building approval price: 3.7m per sqm with lagos state c of o has building appro...

Land for sale size: 920 sqm of land location: mojisola onikoyi estate, off banana island road, ikoyi title: lagos state certificate of occupancy (c of o) price:₦3m per sqm net *ready for immediate development, suitable for high-rise, duplexes and blocks of flats, ...

Cwl1298 land measuring 1000sqm in ikoyi location: banana island, ikoyi, lagos size: 1,000 sqm ️ suitable for: 2 detached houses 🧾 title: federal certificate of occupancy (c of o) price: ₦3.2m per sqm a premium parcel of land located in the prestigious banana island, one of lagos' most exclusive and secure neighborhoods. ideal for luxury residential development, this property offers an excellent investment opportunity in a serene and high-profile environment. for more information, pricing and private viewings please contact: emmanuel: +234 908 807 2106 lilian: 09062511340 email: [email protected] website: www.cwlagos.com we are social! check out other fantastic premium listings on our social media platforms ig: @cwrelagos twitter: @cwrelagos facebook: @cwrealest...