₦ 1,200,000,000
Contact Agent
Property address
PID: 2QHXMGbagada Phase 2 Gbagada Lagos
Last updated 2026-10-13 16:57:01.0
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
JOINT VENTURE A rectangular shaped 966.50sqm mixed use land @ Gbagada phaze 2, Lagos. Proposal: A block of 12 - 16 luxury residential flats with ground floor parking and amenities preferred. Title: C of O & registered Deed of Assignment Land Value: N1.2 billion Sharing: 50/50 Facilitators Fees: 10% of land value 1. There's premium of NGN100m, which is slightly negotiable. 2. The land value is NGN1.2b 3. The facilitator fee is 10% of land value which is non negotiable. 4. For the sharing, he suggested that the developer can do 14 units, 8 units to the developer, and 6 units to the owner. 5. He also insisted that the developer should send his LOI and fee letter confirming the 10%, then he can now set up a meeting. Documents are available
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
× ![]()
