JV: 4,417 Sqm Land At Bourdillon Road,Ikoyi,Lagos State.

T & C FOR JV PARTNERSHIP
AT NO. 50 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: 4,417m2.

Title: Federal Government Certificate of Occupancy.

Value of the land:
N2m/sqm

Type of Development:
High density/high-rise mix of about 50 units of contemporary top luxury 4-bedroom maisonettes & 4/5-bedroom penthouses with modern facilities & amenities.

Architects: Paradigm/Rumis.

Construction firm: Elalan, Cappa & D’Alberto, Al Mansour, etc.

Sharing formula: Developer – 65%/Landowner – 35%.

Premium: N800m

Facilitators’ fee: 10% of land value.