Mixed-use land joint venture
4, 000SQM Waterfront Land
Lagos island joint venture hardly you can such in the heart of lagos onikan waterfront JV 4,000SQM lagos island before bonny camp N1.5M/SQM Location: Waterfront by Officers Mess, Onikan, Before Bonny Camp Size: 4,000sqm Direct Lagoon + Marina Views Proposal: 40-60 Unit Luxury Apartments 12-15 Floors Value: N1.5M/sqm = N6BN Total Deal: JV Sharing TBD Facilitator Fee : 10% = N600M Key Points: - Onikan Waterfront --- Last prime waterfront on Lagos Island. Marina CBD 5mins - 4,000sqm --- Enough for 40+ luxury units with private marina access - N1.5M/sqm --- Comps: N2M-N2.5M/sqm. 25% below market - TBD Sharing --- Owner open to flexible terms for serious devs Best Use: Luxury Waterfront Apartments Marina Residence Mixed-Use Tower mandatory: Ready developers only. 20+ unit track record + pof required. Vol 20 40