Land joint venture
                                                  Bourdillon Road, Ikoyi, Lagos
                                                
                                                    
                                                        Joint venture partnership at bourdillon road, ikoyi, lagos.*
prospective partner: a proven capable financier & developer for the construction of high-density/high-rise top notch luxury apartments.
plot size: 4417m2.
title: federal government certificate of occupancy.
value of the land: n3.5m/m2.
type of development: high density/high-rise mix of 40 units of contemporary top luxury 4-bedroom maisonettes with 2 staff quarters & 2 kitchenettes per unit *plus* 6 units of 5-bedroom penthouses with 2 staff quarters & 2 kitchenettes per unit with modern facilities & amenities.
height: 25 floors or more permissible by lasg building authorities but without crowding...
architect and construction firm will be discussed.
all sub-contractors (windows, doors, electrical consultants, mechanical consultants, etc) to be mutually agreed upon & selected by both parties before execution of the jva.
sharing formula: developer 65%/landowner 35%.
premium: n1b net (*to be paid back upfront* from one of landowners' maisonettes).
proof of availability of funds to start & finish the project (eg., bank statement or guarantee or whatever the institution you plan to use).
detailed finishing documents: landowners will provide detailed finishing documents to be applied to their units & common areas if finishing documents by the jv partner is not mutually agreed upon.
facilitators' fee: 10% of land value (n...
                                                    
                                                    More details
                                                    
                                                    
                                                 
                                                
                                                        ₦3,500,000                                                                                                        
                                                
                                                    
                                                
                                                        Realty
                                                                                                                    
                                                                  09133332134