For sale: Jv 4417 Sqm Land Joint Venture Partnership At Bourdillon Road, Ikoyi, Lagos

JV 4417 SQM LAND JOINT VENTURE PARTNERSHIP AT BOURDILLON ROAD, IKOYI, LAGOS..

*TERMS & CONDITIONS FOR JOINT VENTURE PARTNERSHIP AT BOURDILLON ROAD, IKOYI, LAGOS.*

*The fewer the facilitators involved, the easier the closure. Send to your direct developer, Let's close*

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...

Architects: Paradigm/Rumis. (Developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.)

Construction firm: ELALAN, Cappa & D’Alberto, etc.
In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred contractors.

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 (neg.)
$iyaja$$lw

*TERMS & CONDITIONS FOR 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...

Architects: Paradigm/Rumis. (Developers may present their architects & designs but if both parties disagree on the designs, it will be outsourced to Paradigm/Rumis.)

Construction firm: ELALAN, Cappa & D’Alberto, etc.
In-house builders will be considered if the standard/portfolio (in Ikoyi) matches those of the preferred contractors.

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 (neg.)

Dm for inspection
$iyaja$$lw