For sale: Prime Joint Venture Development Opportunity

PRIME JOINT VENTURE DEVELOPMENT OPPORTUNITY IN BANANA ISLAND, IKOYI, LAGOS

A strategic development opportunity in one of Lagos’ most prestigious residential enclaves.

An opportunity is available for an experienced developer or development partner to explore a proposed residential project on a 1,359 sqm parcel of land within Banana Island, Ikoyi.

Situated in a prime non-waterfront residential neighbourhood, close to the established residential area of Banana Island, the property offers a compelling location for a high-end residential development targeting the luxury housing market.

With a proposed scheme comprising four units of five-bedroom terrace houses alongside a penthouse development, this opportunity is suited to developers with the capacity, experience and vision to deliver a premium residential product in a highly sought-after location.

This opportunity is being presented to developers and investors with the capacity to undertake a premium residential project in Banana Island.

Interested parties are invited to submit their Expression of Interest and supporting documentation for further consideration.

For serious enquiries, development discussions and submission procedures, kindly contact us directly.

PROPOSED DEVELOPMENT
-Four units of five-bedroom terrace houses
-Penthouse development
-The proposed development concept is subject to detailed design, feasibility assessment and relevant planning and regulatory approvals.

EXPRESSION OF INTEREST REQUIREMENTS
Interested developers and prospective JV partners are required to submit the following:

-Letter of Intent (LOI)
-Company profile
-Development proposal detailing the proposed four five-bedroom terrace units and penthouse development
-Non-refundable premium of 1%
-Facilitator’s letter confirming the 10% facilitation fee
-The 1% non-refundable premium and 10% facilitation fee must be clearly stated in the development proposal and all supporting documentation.

Land value: Land Value: ₦6,500,000,000 (Six Billion, Five Hundred Million Naira).
Square meter: 1,359 sqm
Title: C of O

Image Code: CPP LD520

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