GTRich promises affordable homes at Lekki Gardens Estate II

Tue, 2013-03-26 00:00

Author(s): 

ODINAKA MBONU

After a sucessful completion of the Lekki Gardens Estate Phase I, GTRich Investment Limited is offering home seekers and real estate investors the opportunity to own homes at affordable prices in the second phase of the Estate situated along the Lekki-Epe Expressway.

Azuka Ugboh, a director in GTRich, tells BusinessDay recently that the estate that started early last year is currently delivering its promise of providing affordable homes to its clients and customers, who he described as partners in the project within the shortest period of time.

Lekki Gardens Estate Phase I is precisely located at kilometre 24 Lekki-Epe Expressway, says Ugboh, adding that the estate currently boasts of over 120 housing units of different configurations and designs to suit client’s taste.

The estate, which sits on 10 hectares of land, has as its neighbours the Lagos Business School, Crown Estate, Fountain Springville, Sapphire Gardens, Royal Gardens estate, and is a 10-minute drive from the Victoria Garden City (VGC), he adds.

According to Ugboh, the estate which is designed to benefit middle-class Nigerians currently has a three bedroom terrace duplex that comes with a sitting room, kitchen with pantry, dinning area and a lounge area.

The three-bedroom terrace duplex costs about N14.5 million, while the deluxe which is a four- bedroom terrace duplex comes with a living room, two bedroom en suite and a car park area costs N17.5 million.

The four bedroom semi-detached house (deluxe) comes with a boy’s quarter, two bedrooms en suite and a lounge area costs N22.5 million. The four bedroom terrace duplex which costs N19 million has a car park, living area, kitchen with pantry and two bedroom en suite and the four bedroom semi-detached house (premium) comes with boy’s quarter, a sitting room, guest room, dinning area, lounge area costs N24.5 million.

On facilities currently in place at phase I, Ugboh says the water treatment plant has been fully installed, the road network properly mapped, well-planned drainage facility in place, inter-locked road to and fro the estate fully built, underground electricity connections fully installed, while the phase II, the same infrastructure are currently being put in place as full-scale construction will commence soonest.

There is also the metro terrace, which costs N16 million, specifically designed for savvy investors who can regain their capital through rental income and equally retain ownership of their house.

By purchasing the metro terrace, which comprises three mini-flats and a studio apartment (self-contained) investors can lease, at their discretion, according to Ugbo.