Joint Venture: 650sqm Land, Off Awolowo Road, Ikoyi, Lagos | Nigeria Property Centre (Ref: 519247)

650sqm Land

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  • 650sqm Land, Off Awolowo Road, Ikoyi, Lagos, Residential Land Joint Venture

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Property Description

650sqm land for Joint venture in Lagos, Ikoyi, Off Awolowo Road.
Value: N250m
Title: Land Certificate
Proposal: Block of Flat on Build Operate and Transfer Basis.
Duration: 20 years.
Sharing Ratio: Owner to take 2 while developer takes 4 and operates for 20 years only.
The total units revert to the owner after 20 years. This is negotiable.
Facilitator fee: N12.5m
Premium: Nil
Procedure for Closure:
1. LOI and Commitment to Fee
2. Inspection
3. Survey
4. Proposal
5. Meeting with the Owner
6. Agreement with Owner
7. Payment of Fee
8. Movement to Site

Property Details

Property Ref: 519247Added On: 28 Oct 2019Last Updated: 30 Jan 2020
Market Status: AvailableType: Residential LandTotal Area: 650 sqm

 Off Awolowo Road, Ikoyi, Lagos

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