₦ 4,000,000/sqm
Contact Agent
Property address
PID: 4NWFJBanana Island Ikoyi Lagos
Last updated 2025-12-09 15:55:59.0
View similar properties nearbySafety Tips
- Do not make any inspection fee without seeing the agent and property.
- Only pay Rental fee, Sales fee or any upfront payment after you verify the Landlord.
- Ensure you meet the Agent in an open location.
- The Agent does not represent PropertyPro and PropertyPro is not liable for any monetary transaction between you and the Agent.
Safety Tips
- Do not make any inspection fee without seeing the agent and property.
- Only pay Rental fee, Sales fee or any upfront payment after you verify the Landlord.
- Ensure you meet the Agent in an open location.
- The Agent does not represent PropertyPro and PropertyPro is not liable for any monetary transaction between you and the Agent.
Description
*JV @ BANANA ISLAND*
*Size:* 4,947.766sqm
vacant land in a residential area of Banana Island, Ikoyi, Lagos.
VALUE:- #4m/sqm
TITLE:- C of O.
PROPOSAL:- Flats/Maisonettes and Penthouses on 6 floors
FACILITATOR'S FEE:- 10% of total land value.
Premium = Nil
Proposal with Animations available on request.
Sharing= 50:50
Our intention is to develop the landed property, to design, build and finance the 18 Luxurious
dwelling types of
3 bedrooms apartments(6 units),
5 bedroom penthouses,(6 units),
5 bedroom maisonettes (6 units).
We are proposing that proceeds from the sale of the 2 blocks on 5 suspended floors will be shared 50:50
*Projected Revenue:*
? $6m/pent, (600sqm each)..
$4m/maisonette (400sqm each) and
$2m/aparments (200sqm each)
? 30% discount for off-plan sales.
*PROCEDURE*
A. BEFORE INSPECTION:
- Letter of Intent
- Letter of facilitators fee
- CompanyAAAaEURsAAaEURzAs Profile
NB: Now no premium again. USD$2m premium is off now.
B. AFTER INSPECTION:
- ?Detail preliminary proposals
- Proof of Funds
- Past Projects Details
- JV Agreement
- Payment of Facilitators fee
*Size:* 4,947.766sqm
vacant land in a residential area of Banana Island, Ikoyi, Lagos.
VALUE:- #4m/sqm
TITLE:- C of O.
PROPOSAL:- Flats/Maisonettes and Penthouses on 6 floors
FACILITATOR'S FEE:- 10% of total land value.
Premium = Nil
Proposal with Animations available on request.
Sharing= 50:50
Our intention is to develop the landed property, to design, build and finance the 18 Luxurious
dwelling types of
3 bedrooms apartments(6 units),
5 bedroom penthouses,(6 units),
5 bedroom maisonettes (6 units).
We are proposing that proceeds from the sale of the 2 blocks on 5 suspended floors will be shared 50:50
*Projected Revenue:*
? $6m/pent, (600sqm each)..
$4m/maisonette (400sqm each) and
$2m/aparments (200sqm each)
? 30% discount for off-plan sales.
*PROCEDURE*
A. BEFORE INSPECTION:
- Letter of Intent
- Letter of facilitators fee
- CompanyAAAaEURsAAaEURzAs Profile
NB: Now no premium again. USD$2m premium is off now.
B. AFTER INSPECTION:
- ?Detail preliminary proposals
- Proof of Funds
- Past Projects Details
- JV Agreement
- Payment of Facilitators fee
Like this property? Add as favourites and compare listings
Property is verified as real
If reported as fake, we'll investigate to confirm if
this listing isn't real.
Receive alerts for new properties
Subscribe Now
× ![]()
