1 *N20BILLION BANANA ISLAND LAND JOINT VENTURE | N2BILLION FACILITATOR'S FEE | 5,000 SQM | C OF O | IKOYI, LAGOS | DEVELOPER-ONLY MANDATE | DESIGN READY | IMMEDIATE CLOSURE* *PROPERTY HIGHLIGHTS:* - *Location:* Banana Island, Ikoyi, Lagos - *Size:* 5,000 sqm - *Title:* Lagos State Certificate of Occupancy - C of O - *Land Value:* *N20,000,000,000* - *Premium:* *NIL* - *Facilitator's Fee:* *N2,000,000,000* [10% Net] - *Status:* Design Available | Owner Ready for Immediate Closure *PROPOSED DEVELOPMENT:* *21 UNITS TOTAL* - *3 Detached Houses* - *1st - 4th Floor:* 4 x 4 Bedroom + 1 x 5 Bedroom = *16 Units* - *Penthouse Level:* 2 x 5 Bedroom Penthouses - *Sharing Ratio:* TBD *DEVELOPER REQUIREMENTS:* Company Profile + Detailed Proposal + POF + Performance Record + Facilitator's Fee Letter + LOI *SPECIAL NOTE:* Owner preference: *Developer with existing or ongoing Banana Island project for VERIFICATION.* *Direct Mandate. Serious & Qualified 2 . JOINT VENTURE @ OSBORNE PHASE 2, IKOYI* *A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A12.5B VALUE | A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A1.25B FACILITATORA'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAa'AA'AAaEURA'AA'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAa'AA'AAaEURA'A34A'Aa'AAaEURsA'AS FEE NET | A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A200M PREMIUM | 50/50* *Location*: Osborne Phase 2, Ikoyi, Lagos *Land Size*: 5,000sqm | *Value*: A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A2.5M/sqm = A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A12.5B *Title*: Federal C of O, Deed, Survey - _Very Closeable_ *Premium*: A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A200M | *Sharing*: 50/50 *FacilitatorA'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAa'AA'AAaEURA'AA'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAa'AA'AAaEURA'A34A'Aa'AAaEURsA'As Fee*: A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A1.25B NET - 10% *Requirements*: POF + Company Profile + LOI *INVESTOR STRATEGY* 1. *Product*: 30-40 Ultra-Luxury Maisonettes + Penthouses. Waterfront Osborne address 2. *Target Buyers*: $3M-$5M HNWIs, Embassies, CEOs, Diaspora. Scarcity sells 3. *Exit*: Off-plan launch in 6 months. Pre-sell 60% using C of O as collateral 4. *GDV Projection*: A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A35B - A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A45B. Developer gets 50% net after build 5. *Leverage*: Control A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A12.5B asset with just A'AaEURTMAaEUR Aa'a"A'Aa'AAaEURsA'AA'AaEURTMAaEURsA'AA'A'AAAAaEURsAA...AAaEURsA'AA'Aa'AAaEURsA'AA'AaEURTMAAAaEURsAA...AA'Aa'AAaEURsA'A200M premium *WHY NOW*: Last big waterfront land in Osborne. Clean Federal title. Fast sales corridor. *NOTE*: Direct Mandate Only. Serious developers/investors with capacity @beatrice