PRIME 8,500SQM LAND LEKKI PHASE 1 JOINT VENTURE OPPORTUNITY !!!
Project Overview
- Land Size: 8,500 square meters
- Location: Heart of Lekki Phase 1, Lagos
- Land Value: N10.2 billion
Joint Venture Terms
- Sharing Ratio: 60% (Landowner) / 40% (Developer)
- Alternative Sharing Ratio: 70% (Landowner) / 30% (Developer)
- Project Duration: 3 years
Proposal
- 5 or 6 blocks of 3-bedroom luxury flats
- 10 floors of 20 flats each
- Amenities:
- Swimming pool
- Gym
- Basketball court
- Children’s play area
- Total Units: 100 or 120
Unit Allocation
- Owner of land: 70 units
- Developer: 50 units
- Alternative Allocation:
- Owner of land: 60 units
- Developer: 40 units
Sales Projections
- Likely sales value per unit: N300 million or more
- Projected completion time: 3 years
Requirements
- Proof of funds or bank guarantee
- Company profile and previous work
- Landowner must be a signatory to the account with an agreed amount of money.