Hectares Of Land

Property Ref : 3254419

Land joint venture

Opic, Isheri North, Lagos

₦1,500,000,000

Features

---

HOTTEST RESIDENTIAL JV IN THE HEART OF ISHERI NORTH FORESHORE GARDEN SCHEME, OPIC, KOSOFE, LAGOS*
The property owner needs a capable developer with a valid proof of fund to execute a joint venture project development in the heart of Kosofe area, Lagos

The owner is very much available to meet with a capable/competent developer with a valid proof fund.
*Location*: Isheri North Foreshore Garden scheme, OPIC, Lagos.
*Size*: 2.504 hectares (App 37.56 plots)
*Title*: LASG CofO
*Land value*: N1.5billion naira(Based on Chartered Valuer's valuation report).
*Proposal-* Mixed development comprising ...apartments (2BR & 3BR on four floors), Terraced, Semi detached & Fully detached duplexes),
*Premium*: (5% of the agreed project value) N40m
*Sharing*: 70% to the developer & 30% to the owner.
*Facilitator fee-* 10%
*_Please note_*:
_That the land can be apportioned in bits to developers. In case a single developer is unable to take up the entire JV project. The least size that would be apportioned to a developer is 9 plots. Meaning that max of three developers will be allocated to take up the residential zone (27 plots), while the remaining 9plots will be taken up by the 4th developer and which will be used for the commercial zone area of the estate (Event hall, Shopping malls, Church, Playing ground, Football/Lawn tennis court_

_The following documents are already issued by the LASG to the property owner_
(1). LASG CofO
(2). Deed of Ratification
(3). Satellite imagery
(4). Dimensional plan
(5). LASG approval
(6). Survey
(7). Layout Drawings.

*_Closure procedures_*:
The following are the closure procedure.
To view the JV property before meeting with the owner.
(1). LOI
(2). companies profile.
(3). A letter confirming our facilitator's fee.
Inquiries mausi realty08023413642 or do 0806 376 8619

Contact