Home buyers and investors are the target of a new development coming up in Magodo GRA Phase One, Isheri, Lagos known as The Plush, the developers and promoters of the project have said.
The developers, WAVL Properties Limited and Adloyalty Business Network, who are in partnership, signaled the beginning of construction work on the project with a ground-breaking event recently.
“Today, we are breaking ground for the launch of our newest project. The Plush Magodo GRA promises to be the true definition of quality living with the very best of all modern amenities,” said Olawale Bello, managing director of WAVL Properties.
“At WAVL Properties, we specialize in developing affordable residential homes that provide a serene environment for its occupants,’’ Bello stated further.
The development partners have come together to deliver a modern housing estate that will raise the bar and become a reference point for other real estate developments in Nigeria. The Plush will accommodate units comprising different house-types such as bungalows, blocks of flats and detached duplexes.
A major highpoint of The Plush is nearness and easy access to such important places as Lagos-Ibadan Expressway, Murtala Mohammed International Airport, the 3rd Mainland Bridge and Ikeja Central Business District. Expectation is that investments in The Plush will appreciate considerably within a short time.
Magodo GRA is an affluent neighborhood with stealth security, steady electricity, good schools, specialist health facilities, high-quality schools and social amenities.
Average land price in Magodo is N45 – 50 million per plot. But The Plush is presently offered at N50, 000 per square metre which makes it easy for smart investors to own prime real estate without breaking the bank. “Subscriptions for 300, 450 and 600 square metres serviced plots of land are now available for immediate purchase,” Bello said.
The project boasts amenities like perimeter fencing, gate house, interlocked roads, green areas, CCTV surveillance, electricity, street light, water supply and covered drainage system.
Freeman Osonuga, managing director, Adloyalty Business Network , says they are delighted to be able to make their plans become a reality today. “In collaboration with WAVL Properties Limited, our aim is to make home ownership easy and affordable to all, while also .creating enduring values and a modern living experience to our clients’.
According to him, Adloyalty Business Network is Nigeria’s first and biggest independent real estate network marketing platform and the official sales partner for The Plush estate scheme.
WAVL Properties, on the other hand, is the developer of this project. The company also has a number of affordable estates in other areas including Ibeju-Lekki, Magboro, Shimawa, and Ikorodu.
CHUKA UROKO
