Land at Banana Island, Ikoyi, Lagos · Banana Island, Ikoyi, Lagos · Listing photo 1 of 1
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Land at Banana Island, Ikoyi, Lagos

₦20,000,000,000

0 beds0 bathsLandJoint venture
Here's a rephrased version:

Land Reclamation Opportunity near Banana Island, Ikoyi, Lagos

A 254-hectare land reclamation project is available near Banana Island, Ikoyi, Lagos. The premium for the entire land is ₦20 billion.

Joint Venture Details:

- After sand filling by the investor, the land sharing formula is 40% for the investor and 60% for the landowner (negotiable to 50:50).
- The investor will be allotted 30-50 hectares for sand filling, with 50 hectares allocated for Phase 1.
- Successful completion of Phase 1 may lead to an additional 50 hectares for the investor.

Title and Fees:

- Federal Government allocation and Certificate of Occupancy (CofO) in process.
- The Bathymetry, NIWA document and other images of the proposed Island are readily available upon enquiry.
- Facilitators' fees: 5% of the land allocated to the investors and 5% of the premium payable by the developer

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Banana Island, Ikoyi, Lagos

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