Listing Details
Land Sponsorship Investment Opportunity in Oriyanrin, Ibeju-Lekki
Description
Land | Location: in Oriyanrin Town, Ibeju-Lekki, Lagos
Original Description
*LAND SPONSORSHIP INVESTMENT OPPORTUNITY* *OGUNLENU FAMILY LAND @ ORIYANRIN, IBEJU-LEKKI* *LOCATION*: Oriyanrin Town, Ibeju-Lekki, Lagos. Directly facing the Lagos-Calabar Coastal Road. Located after Dangote Refinery. Strategic corridor with Lekki Free Trade Zone, Deep Sea Port & Dangote Fertilizer. *PROPERTY DETAILS*: - *Size*: 150 Acres of Land - *Ownership*: Ogunlenu Family Land - *Current Status*: Raw Land - Processing of Survey & Documentation - Memorandum of Understanding *SPONSORSHIP INVESTMENT*: ₦30,000,000.00 *WHAT THE ₦30M COVERS*: 1. *Consultancy/Owo Iwoko Fee* - Family engagement & consent 2. *Survey & Documentation* - Cutting of boundary, charting, and signing at Lagos Lands Bureau *PROJECTED SALES PRICE*: ₦7,500,000 per Plot minimum *RETURN ON INVESTMENT TO SPONSOR*: - *Total Plots Expected*: ∼150 plots from 150 Acres - *Sponsor Allocation*: Minimum *60 Plots* - *Gross Value to Sponsor*: 60 plots x ₦7.5M = *₦450,000,000* - *Net Profit Projection*: ₦450,000,000 - ₦30,000,000 = *₦420,000,000* - *ROI*: 1,400% under 12 months For Site Inspection
Property Details
- Property Type
- Land
- Category
- Land
- Available For
- For Sale
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