6200 sqm 3 Bed Semi detached at Eleko, Lekki, Lagos

JOINT VENTURE DEVELOPMENT BRIEF✨💫🌏

6,200 SQM | ELEKO EXPRESSWAY |

We are seeking an experienced and financially capable developer for a premium residential Joint Venture on approximately 6,200 sqm of dry land with Governor's Consent, strategically located on Eleko Expressway.

DEVELOPMENT PREFERENCE

The Landowner is seeking a premium, low-density residential development comprising:

- Semi-Detached Duplexes
- Premium Terraced Duplexes
- Quality internal infrastructure
- Landscaped communal spaces
- Secure gated environment
- Premium architectural finishes

Proposed Development Options

OPTION 1: 16 UNITS

- 8 Semi-Detached Duplexes
- 8 Premium Terraced Duplexes

OPTION 2: 20 UNITS

- 8 Semi-Detached Duplexes
- 12 Premium Terraced Duplexes

The final unit mix is open to optimisation based on the developer's architectural and financial feasibility.

LANDOWNER'S JV REQUIREMENT

The Landowner is seeking:

₦100,000,000 upfront cash consideration

PLUS

Equity participation in the development

The equity component structured as:

- Defined completed units
Value of 800M

Gov Consent in View

Developers are invited to submit their best commercial proposal.

DEVELOPER RESPONSIBILITIES

The selected developer will be expected to provide:

- Full development funding
- Architectural and engineering design
- Planning and statutory approvals
- Construction and infrastructure
- Project management
- Marketing and sales
- Estate management setup
- Professional consultants
- Clear development timeline
- Transparent financial reporting

DEVELOPER SUBMISSION

Interested developers should provide:

1. Company profile and track record
2. Evidence of completed residential developments
3. Proposed architectural concept/unit mix
4. Development budget
5. Construction timeline
6. Projected selling prices and GDV
7. Proposed ₦100M upfront + equity structure
8. Landowner's proposed equity/units
9. Developer's expected return
10. Proposed JV structure and commercial terms
11. Evidence of financial capacity to execute the project

PREFERRED PARTNER

Preference will be given to developers with a strong track record in premium residential development, proven financial capacity, quality construction standards and a credible sales platform.

The Landowner is prioritising value creation and premium positioning over maximum unit density.

Fee 10%
Please Note
Direct Developer or Direct Agent to Developer

Owner is Ready to close. Deal duchess

2️⃣
VERIFIED AND CLOSEABLE JV IN MAIYEGUN BEACH ESTATE.

6 minutes from Eko Atlantic

Land size: 1200Sqm
Land value: 1.5B
Proposal: 10 Units of luxury 3 bedroom apartments
Title: C of O
Premium: Nil
Sharing formula: 50/50
Facilitators fee: 8% net. Armada

3️⃣
JV OR SALES ALMOST 700SQM IN A FANTASTIC LOCATION OF KUSENLA ROAD IKATE ELEGUSHI VALUE 900K PER SQM TITLE ELEGUNSHI GLOBAL COFO. OWNER WANTS 12UNITS OF 2BEDROOM AND 2UNITS OF 3BEDROOM PENT HOUSE FACILITATORS FEES 10PERCENT PREMIUM 50MILLION. Adesuntng

4️⃣
JOINT VENTURE OPPOSITE LBS SANGOTEDO

Location: LBS View Estate, Opposite Lagos Business School Sangotedo.
Land Size: 1300 sqms with Gov. Consent
Land Value: N300m
Structure: Block of Flats
Sharing Formula: Developer proposes
Facilitators Fee: 10% of land value.
Happiness

5️⃣
💥JOINT VENTURE in LEKKI RIGHT

Location: Hakeem Dickson Street, Lekki Right
Land Size: 1,187 sqm
Title: C of O & Governor's Consent
Land Value: ₦2.5B
Proposal: 16 Units of block of flat
Premium: Nil
Sharing: TBD
Facilitator's Fee: 10% of Land Value

Serious investors/developers only

6️⃣
JV @ Chevyview Estate, Chevron Drive, Lekki

650sqm Land directly along the road as you drive into the estate.

Size: 650sqm

Value: 550m

Sharing formula to be agreed

Proposal: 4 terrace duplexes

Title: Gov. Consent

Premium:Nil

Meeting with owner immediately for closure
No long chains. Unique multi