Mount Pleasant Mixed-Use Development
OpenLand Details
2.5 Hectares
USD 450,000
USD 200,000
Intended Development
40 residential units (mix of 1-bed, 2-bed, and 3-bed apartments) above 6 ground-floor retail units. Estimated GDV of $4.2M over 24 months.
Partnership Model
Joint Venture
Both parties contribute resources and share profits/losses equally or as agreed.
Financial Terms
Owner Equity Stake
40%
Expected Duration
24 months
Projected GDV
USD 4,200,000
Multiple Partners
Yes
About this Opportunity
Prime 2.5-hectare plot in Mount Pleasant available for joint venture development. Zoned for mixed-use with approved concept plans for a 40-unit residential complex with ground-floor retail. The land owner seeks an experienced development partner to co-fund and manage the build. All municipal approvals and EIA clearance in place. Excellent location near Sam Levy Village with strong rental demand from diplomats and corporate tenants.
USD 200,000
Minimum Investment
Land Owner
Admin
Land Owner