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Pinnacle Court

Ikoyi, Lagos, Nigeria
N165,000,000

Description

The proposed development is located along Lugard Avenue in the old Ikoyi area of Lagos State. The site is a two minute drive from Kingsway Road to the north and second avenue to the south. The site covers a total area of approximately 2,700m2. Quatro architects is proposing the development of a luxury residential mini-estate 10 nos 4-bedroom luxury semi-detached duplex units each with attached boys quarters. Each of the units will have private rear and side gardens. The development will be centrally serviced upon completion. Other services included are car parking spaces, a swimming pool, bore hole and treatment plant as well as stand by power generators.

Features
4 bedroom semi-detached duplexes
Lobby
Large living/dining area
Kitchen/store
Guest toilet
Master bedroom with en-suite toilet and bathroom
3 bedrooms with en-suite toilet and bathroom
Terraces
Air-conditioners installed
Inverters installed (with possibility to upgrade batteries)
1 room boys-quarter attached
Total floor area per town-house: 230m2

Common Services to be Shared by all Units Include:
Car parking spaces
Swimming pool
Borehole and water treatment plant.
Generator house/stand-by power generators
Septic tank
Waste disposal
General maintenance

Sale price
The sale price for one (1) unit Luxury 4-bedroom semi-detached duplex as described is N165,000,000 (one
hundred and sixty five million naira only). Staggered payment structure over the 15 month construction period as follows:

Commitment deposit………………………………………….N40,000,000
2nd stage payment (due after 4 months)………………………..N30,000,000
3rd stage payment (due after another 4 months)…………………N30,000,000
4th stage payment (due after another 4 months)…………………N30,000,000
5th stage payment (due after another 4 months)…………………N25,000,000
Balance upon completion……………………………………..N10,000,000
Total per unit……………………………………………..N165,000,000

Implementation
The project is to be executed under a turnkey agreement with a reputable construction organization. The
estimated construction period is 15 months. Upon commitment, pre-settlement agreements would be signed between all buyers and Quatro Architects. On completion, a deed of sublease would be executed in favour of the buyer.

  • Address: Old Ikoyi
  • City: Ikoyi
  • State/county: Lagos
  • Neighborhood: Old Ikoyi
  • Country: Nigeria

Detail

  • Property ID: LV-47
  • Price: N165,000,000
  • Property Size: 230 m²
  • Bedrooms: 4
  • Bathrooms: 4

Additional details

  • Boys' Quarters: 1 Room

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