3932 sqm Apartment at Glover Road, Ikoyi, Lagos

JV JV JV

LOCATION: GLOVER ROAD, IKOYI, LAGOS.

We are seeking an equity partner/investor to participate in the development of this prime property.

Property Details:
* Land Size: 3,932 sqm
* Land Value: Estimated market value of ₦4.5M/sqm
* Title: Lagos State Certificate of Occupancy (C of O)
* Premium: Nil
* Planning Approval: Approved
* Development Capacity: 17 Floors
* Proposed Development: Luxury Block of Flats
* Current Status: Piling completed
* Survey: Available and will be provided
* Preferred Contractor: Grade A; ITB, Hightech, Kappa & D'alberto, Eko Development contractors etc
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EQUITY PARTNERSHIP STRUCTURE

We are looking for an equity partner to provide development funding for the project.

The investor will contribute equity into the Joint Venture, and their ownership/equity stake will be determined proportionately based on the amount contributed relative to the total project development cost.

In simple terms:

Investor Contribution ÷ Total Project Cost = Investor Equity Share

The investor's equity participation will be formally documented within the JV structure, with returns and ownership rights tied to the agreed equity percentage.

Agency Fee: 10%

This is a direct and closeable JV opportunity for investors, developers, or investment groups with the capacity to fund a high-rise residential development in Ikoyi.

This is an Equity based Joint venture. Mercy