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For Sale

The Atlantic Resort

Water Corporation Road, Lagos, Nigeria
  • Call

Description

The Atlantic Resort located in Victoria Island was conceived in response to the demand for Grade A office spaces which continues on an upward trajectory due largely to the size of Nigeria’s Gross Domestic Product (GDP), growing population, emerging middle class and more specifically the thriving business environment in Lagos owing to economic activities in the state.

Conceptualized by the UK arm of HOK, the largest Architectural & Engineering firm in America working in conjunction with ECAD architects. HOK Architects designed the master-plan for Dubai Marina. A 5-Star concept requires the best of contractors to execute which is why leading contractors in Nigeria such as Cappa and D’alberto, Elalan and Julius Berger for the execution of this project have been pre-qualified for the project.

Brash Brands, the creative branding agency that breathed life into the tallest building in the world, Burj Khalifa Dubai, is defining the unique personality of the Atlantic Resort for attraction, sustainability of value and class for would-be investors and home owners.

FEATURES

  • The Atlantic resort will be built on 3.4 hectares.
  • With a built up area of land of about 40% leaving the rest of the land for circulation, greenery and facilities.
  • It consists of 3 towers, 2 residential blocks and I mixed use tower.
  • The residential tower is made up of unit types 1 & 2bedroom apartments, 3bedroom Maisonettes, 1 unit 4bedroom terrace apartment and 2, 5bedroom penthouse maisonettes.
  • The average sizes in square meters for the 1bed is 113sqm, 2bed is 147sqm and 3bed maisonettes is 244sqm
  • Ample parking is provided with 660 spaces for all 3 towers.
  • Parking allocated per unit of apartment are 2 for the 2bed units, 2 for the 3bed maisonettes, 1 for the 1bed flat and 4, for the penthouse units.
  • Each residential unit would have except the one bed will have a minimum of one maids room.
  • All units will have laundry rooms, are piped for sound, video-entry phones, wired for cable TV, central air-conditioning, pre-paid metres.
  • Common facilities include a security manned lobby, fire alarm systems, sprinklers, intercoms system and 24hours uninterrupted power.

LOCATION

  • The project is located on Water Corporation Drive, off Ligali Ayorinde street, Victoria Island Annex.
  • It is flanked by Trinity House Church to the right and a road to the left, making it a cornerpiece plot.

COMPETITIVE ANALYSIS

The average rental cost per sqm of similar grade A properties is $800. Such properties include, Civic Towers, Churchgate Towers, and Nipost Towers.

Meanwhile, none of the mentioned properties is truly comparable with Atlantic Resort, therefore, its rental rate will be significantly higher. Your investment on Atlantic Resort will yield an average of 37% by the 3rd year.

Guaranteed.

Contact the consulting agents in charge to get started with as little as 1SQM.

  • Address Water Corporation Drive
  • City Victoria Island
  • State/county Lagos
  • Country Nigeria

Details

  • Property ID: LV-135
  • Price: Call
  • Property Type: Apartments, Prime & Lifestyle
  • Property Status: For Sale

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