JOINT VENTURE

Land measuring 600 sqm in a strategic location in Lekki phase 1

Land value: N1.3m per sqm
Title: C of O

Owners option for the JV:

Option 1
8(nos) 3-Bedroom flats on 3 floors with attached BQ. Ground Floor parking, 3 flats on 1st and 2nd and 2 penthouse flats on 3rd.

Option 2
8 number 3 bedroom townhomes(terraced units) with attached BQ. L-shaped design of 4 units in a row.

Terms
1. Premium - N40m
2. Share - 50:50
3. ?Facilitors fee - 7%(Net) of total land value.
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