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 kitchens fitted with cookers, oven, washing machines and microwave ovens.
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:
|PAYMENT OPTIONS||DISCOUNT||2 BEDROOM APARTMENT||4 BEDROOM APARTMENT|
|ADD BACK DISCOUNT||11.11%||11.11%|
|TOTAL YIELD -1ST YEAR||22.81%||24.21%|
- Off-Plan discount (10% Deposit)
- Structured Payment plan.
- Rent-to-own/buy (40% deposit)
- MAIN ROUTE: From Victoria Island; head north toward Adeola street, Bourdillon road, Lekki – Okoyi 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).