Attention serious and financially capable developers! Here’s an exclusive joint venture opportunity in the heart of Asokoro, Abuja, perfect for a high-value residential development. This is a well-structured JV with clear terms, designed for a developer ready to act fast and deliver.
📍 Location
- JFK Kennedy, Asokoro, Abuja – a prime, strategic location in one of the city’s most prestigious neighborhoods.
- High visibility and accessible via major roads, making it ideal for residential estates or high-end housing projects.
- Surrounded by well-developed estates, ensuring strong demand for premium residential units.
This location guarantees long-term capital appreciation and high marketability for any residential project.
📐 Land & Deal Details
- Land Size: 6,912 sqm
- Purpose: Residential development (owner will demolish existing structures)
- JV Sharing Formula: 50/50 (Developer / Landowner)
- Owner’s Share Requirement: ₦800 Million for one unit of his share – developer to propose repayment structure
- Building Approval: Currently in process at Development Control, giving developers a clean slate for planning and execution
- Premium: None – making it developer-friendly
- Facilitator Fee: Standard 10%
This JV is structured to maximize benefits for both the developer and the landowner, providing a clear path for execution while accommodating flexible financial planning.
📝 Developer’s Proposal Requirement
- Developer is expected to state clearly how the ₦800 Million for the owner’s share will be repaid.
- Payment structures are permitted for the upfront contribution, giving flexibility to developers with well-planned cash flow.
- No premium is required, reducing initial financial outlay and allowing the developer to focus on project execution.
This ensures transparent and accountable JV arrangements, protecting both parties while facilitating a smooth development process.
✅ Why This Asokoro JV Stands Out
- Prestigious Location: Asokoro is one of Abuja’s most sought-after residential areas, attracting high-net-worth buyers.
- Developer-Friendly Terms: No premium upfront and flexible repayment for the owner’s share makes it easier for serious developers to execute the project.
- High ROI Potential: With 6,912 sqm and a strategic location, this JV offers excellent returns on residential development.
- Immediate Execution: Owner is ready to demolish existing structures, allowing developers to start planning and construction quickly.
📌 Next Steps – Serious Developers Only
If you are a capable developer ready to close fast and deliver, here’s what to do:
- Schedule a physical inspection of the land
- Prepare a detailed proposal stating how the ₦800 Million owner’s share will be repaid
- Confirm capability to execute the project
Contact / WhatsApp: 08034139285
💼 Act fast – secure this Asokoro JV opportunity and position yourself for a high-value residential development in Abuja’s most prestigious neighborhood!