A strategic Joint Venture (JV) opportunity is available in the prestigious Osborne Phase 2, Ikoyi, Lagos, involving a substantial 1,226.826sqm parcel of land. With nil premium and a 50/50 sharing ratio, this opportunity is well suited to experienced developers seeking a prime site for a premium residential development.

Property Details
Land Size: 1,226.826sqm
Land Value: ₦2,000,000 per sqm
Estimated Land Value: ₦2,453,652,000
Location: Osborne Phase 2, Ikoyi
Proposal: Terraces or Block of Flats
Sharing Ratio: 50/50
Premium: NIL
Facilitator's Fee: 10%

Development Potential
The proposed development is suitable for either:

Premium Terrace Development
Luxury Block of Flats
High-End Residential Project

The strategic Osborne Phase 2 location offers an excellent setting for a premium residential development, subject to applicable planning and development approvals.

JV Highlights
Prime Osborne Phase 2 location
Substantial 1,226.826sqm development site
50/50 sharing structure
Nil premium
Flexible development proposal
Suitable for experienced residential developers
Land value of approximately ₦2.454 billion
Facilitator's Fee

10% of the agreed property value

This 50/50 Joint Venture opportunity in Osborne Phase 2 presents a compelling development proposition for a qualified developer looking to undertake a premium residential project in one of Ikoyi's established luxury neighbourhoods.