$ 12,000,000
Property address
PID: 7NBCHBanana Island Ikoyi Lagos
Last updated 2025-06-27 10:28:42.0
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.
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
?? *JOINT VENTURE OPPORTUNITY aEUR" BANANA ISLAND, IKOYI*
?? *Location: Zone J5, Banana Island Estate, Ikoyi*
?? *Size:??? 4,570 sqm of waterfront land, fenced with gate*
?? *Title:?? Federal Certificate of Occupancy (C of O)*
?? *Value: $12,000,000??? Proposed* *Development: 60 Units of Classic Apartments*
?? *Sharing Formula:*
*Owner aEUR" 40%*
*Developer aEUR" 60%*
?? *Premium: None*
?? *FacilitatorsaEURTM Fee:* 10%
?
*Key Notes on the JV Proposal*
*1. The land has a valid Federal C of O.*
*2. Owner requests two towers (high-rise) in a mixed-use zone with no height restrictions.*
*3. Preferred contractors: Elalan or Gcappa.* *
*4. Developer is responsible for obtaining all requisite government building approvals. (No approvals currently obtained.)*
*5. Developer must submit a written proposal post-inspection* *detailing:
aEUR Building Type
aEUR Construction Cost
aEUR Sharing Formula
*6. Proof of Funds (POF) to be submitted to the owneraEURTMs email.*
*7. Meeting with the owner to follow immediately after proposal and POF submission.*
?? *Location: Zone J5, Banana Island Estate, Ikoyi*
?? *Size:??? 4,570 sqm of waterfront land, fenced with gate*
?? *Title:?? Federal Certificate of Occupancy (C of O)*
?? *Value: $12,000,000??? Proposed* *Development: 60 Units of Classic Apartments*
?? *Sharing Formula:*
*Owner aEUR" 40%*
*Developer aEUR" 60%*
?? *Premium: None*
?? *FacilitatorsaEURTM Fee:* 10%
?
*Key Notes on the JV Proposal*
*1. The land has a valid Federal C of O.*
*2. Owner requests two towers (high-rise) in a mixed-use zone with no height restrictions.*
*3. Preferred contractors: Elalan or Gcappa.* *
*4. Developer is responsible for obtaining all requisite government building approvals. (No approvals currently obtained.)*
*5. Developer must submit a written proposal post-inspection* *detailing:
aEUR Building Type
aEUR Construction Cost
aEUR Sharing Formula
*6. Proof of Funds (POF) to be submitted to the owneraEURTMs email.*
*7. Meeting with the owner to follow immediately after proposal and POF submission.*
?? *JOINT VENTURE OPPORTUNITY aEUR" BANANA ISLAND, IKOYI*
?? *Location: Zone J5, Banana Island Estate, Ikoyi*
?? *Size:??? 4,570 sqm of waterfront land, fenced with gate*
?? *Title:?? Federal Certificate of Occupancy (C of O)*
?? *Value: $12,000,000??? Proposed* *Development: 60 Units of Classic Apartments*
?? *Sharing Formula:*
*Owner aEUR" 40%*
*Developer aEUR" 60%*
?? *Premium: None*
?? *FacilitatorsaEURTM Fee:* 10%
?
*Key Notes on the JV Proposal*
*1. The land has a valid Federal C of O.*
*2. Owner requests two towers (high-rise) in a mixed-use zone with no height restrictions.*
*3. Preferred contractors: Elalan or Gcappa.* *
*4. Developer is responsible for obtaining all requisite government building approvals. (No approvals currently obtained.)*
*5. Developer must submit a written proposal post-inspection* *detailing:
aEUR Building Type
aEUR Construction Cost
aEUR Sharing Formula
*6. Proof of Funds (POF) to be submitted to the owneraEURTMs email.*
*7. Meeting with the owner to follow immediately after proposal and POF submission.*
?? *Location: Zone J5, Banana Island Estate, Ikoyi*
?? *Size:??? 4,570 sqm of waterfront land, fenced with gate*
?? *Title:?? Federal Certificate of Occupancy (C of O)*
?? *Value: $12,000,000??? Proposed* *Development: 60 Units of Classic Apartments*
?? *Sharing Formula:*
*Owner aEUR" 40%*
*Developer aEUR" 60%*
?? *Premium: None*
?? *FacilitatorsaEURTM Fee:* 10%
?
*Key Notes on the JV Proposal*
*1. The land has a valid Federal C of O.*
*2. Owner requests two towers (high-rise) in a mixed-use zone with no height restrictions.*
*3. Preferred contractors: Elalan or Gcappa.* *
*4. Developer is responsible for obtaining all requisite government building approvals. (No approvals currently obtained.)*
*5. Developer must submit a written proposal post-inspection* *detailing:
aEUR Building Type
aEUR Construction Cost
aEUR Sharing Formula
*6. Proof of Funds (POF) to be submitted to the owneraEURTMs email.*
*7. Meeting with the owner to follow immediately after proposal and POF submission.*
Like this property? Add as favourites and compare listings
Listing is verified as real
If reported as fake, we'll investigate to confirm if
this listing isn't real.