Jordan Brooke Estates

  • +234 802 318 1539
  • +234 802 223 4518

BROOKE-SIDE PLACE1, Ikate, Lekki

 

We would like to present to you our on going project at Ikate Elegushi Lekki named BROOKE-side place (BSP), also known as Jordan apartments. It is an ultra-modern housing estate at Ikate-Elegushi Lekki, and a ten minute drive to Victoria Island. This upcoming development is in a new layout at Ikate-Elegushi, along the Lekki-Epe Expressway. It is accessible from three major roads; the major one being the Conoil Filling Station/Kusenla road directly into this modern and organized layout.

The property on offer is a 15 units development consisting of 5 units of 2bedrooms and 10 units of 4bedrooms apartments with all rooms in the unit en-suite. The development also has a large swimming pool, gym, a well spaced unit and a 30car capacity parking area. The building comes with a breath-taking reception/lobby, ordering store, generator, dedicated transformer, sewage plant, refuse disposal bay, biometric access to common facilities. This offering also comes with a Six passenger lift.

The property has been funded entirely by equity contributions of the promoters, 100% debt-free and is in no way encumbered by debt. The title on the land is in the form of a Lagos State Governor’s consent and we will be executing Deeds of Assignment to purchaser’s (investors). In our view, this represents one of the best value-for-money investment opportunities on the Lekki corridor. A past development of same structure currently attracts a minimum rent of N3,500,000 per annum. The cost of the various unit types are indicated as follows:

PRICING

PAYMENT OPTIONS DISCOUNT 2 BEDROOM APARTMENT – SOLD OUT 4 BEDROOM  APARTMENT               2 UNITs LEFT
(=N=) (=N=)
SALE PRICE 52,500,000 68,500,000
PROJECTED RENT 4,000,000 5,000,000
RENTAL YIELD 7.7% 8.1%%
ADD BACK DISCOUNT 11.11% 11.11%
CAP. APPRECIATION 5.00% 5.00%
TOTAL YIELD -1ST YEAR 22.81% 24.21%

 

PAYMENT PLAN

  • Structured Payment plan.
  • Rent-to-own/buy (60% deposit)
  • Mortgage

DIRECTION

  • MAIN ROUTE: From Victoria Island; head north toward Adeola street, Bourdillon road, Lekki – Ikoyi Link Bridge, Admiralty Way and Lekki – Epe Expressway to Kusenla road in Lekki. Continue on Kusenla Road. Take Eru-Ifa street to Seed Education Centre road. BSP1 is right opposite Credo Supermarket.
  • ALTERNATIVE ROUTE: From VI, take Akin Adesola street to Lekki – Epe Expressway/Ozumba Mbadiwe Road. Follow Lekki – Epe Expressway to Kusenla road in Lekki. Continue on Kusenla Road. Take Eru-Ifa street to Seed Education centre Road. Find BSP1 opposite Credo Supermarket.
  •  You can click on this google maps link (or just search for “BSP1” on google maps).

 

Details

Property Type : Current Development
Status : Available
Address : Dada Fayemi Cl, Lekki Penninsula II, Lagos
State : Lagos
City : Lekki
Country : Nigeria
Property ID : 194

Video

Features

Parking space
Swimming pool
Fully Equipped Gym
Playground
Discreet and Safe Environment
Sewage Treatment Facility
Underground Water Tank
Running/Walking Track
DSTV
Full Capacity Generator
Professional Security
32 Channel PABX for the Estate
5 Channel PABX for each Unit
Fully fitted Kitchens with Washing Machines
En-suite rooms + Visitors’ toilet
Remote controlled Entrance Gate
Dedicated Transformer
Newly Paved Multiple Access Roads

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Uche Odibeli
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