NOW SELLING ! ! !
LIMITED NUMBER OF PLOTS @N45,000/m2


INTRODUCTION:
}LONEX GARDEN ESTATE is a private residential property on 20 hectares of prime land located along Channels TV road, Isheri North Gateway City off Lagos–Ibadan Expressway.
}It is a beautiful, well planned estate with infrastructure, adequate security. A serene environment you can call a home.
}It is a nice alternative to lovers of Lekki/VGC Area but who prefer the mainland for habitation.
}LONEX Garden Estate offers easy access to Muritala Mohammed International Airport and other parts of the Country.
}The Estate is just 5 mins drive from Magodo/Alausa Secretariat.
}IT can be consider as a source of premium rental and investment income.

AVAILABLE FACILITIES IN THE ESTATE:
   }Good road network
   }Good drainage system
   }Deep bored water supply (from the rock)
   }Well positioned street light
   }Dedicated and functional transformers
   }Landscape garden
   }24hrs security and patrol team
   }Pedestrians walkway
   }Estate Police office
   }Quality sewage system
Note: These facilities are in existence and functional.

ESTATE TITLE:
The Estate is covered by a Certificate of Occupancy and a Deed of Sub-Lease.
Prospective buyers will be issued a Deed of Under- Sub Lease.

   PROPERTY TYPES:

    The following house types can be built on the property:

  •  3 Bedroom Terraced House
  •  5 Bedroom Detached House
  •  4 Bedroom Semi-Detached House
  •  2/3 Bedroom Apartments/Flats.

    PRICES AND PAYMENT PLAN:

          The promo price is N45,000.00 per m2. Offer is from January to July 2020.

           Price after the promo is N50,000.00 per m2.

    •        The payment plan is flexible as follows
    •        Within 1 month-100% Sales Price attracts a 2% discount.
    •        Within 3 months-initial payment of 30% Sales Price and the balance in 2 equal monthly installments.
    •        Within 6 months-initial payment of 50% Sales Price and the balance in 5 equal monthly installments.

      PRICE JUSTIFICATION:    

          COMPARATIVE PRICES AND RETURN ON INVESTMENT:

              

       S/N

DESCRIPTION

WITH INFRASTRUCTURE

WITHOUT INFRASTRUCTRE

         1 

LANDS WITHIN THE NEIGHBOUHOOD - (500m2)

N48,000/m2  - N24,000,000.00

N40,000/ m2 – N20,000,000.00

         2

SELLING PRICE Of A SEMI-DETATCHED  DUPLEX

N100,000,000.00  (i.e. N50,000,000/unit)

N70,000,000.00 (i.e.35,000,000.00)

         3

COST OF LAND @45,000/m2 & CONSTRUCTION COST OF A SEMI DETACHED DUPLEX

N66,000,000.00

N60,000,000.00

RETURN ON INVESTMENT

N34,000,000.00

N10,000,000.00

        

      EXISTING HOUSES IN THE ESTATE


       Semi-Detached Houses:

         


       Terraces:


 

   Free Zone:

   


       For more information, please call:

  •       Chidinma:  08034016887
  •       Theodora:  07085958022
  •       Kunle:        08177480714
  •       Esther:       0810184632

     

       Or:  send your request to: 

              Lonexsales@unionhomes.com.ng





Search       
New Housing at Abuja FCT"
To find more click...

Union homes Estate, Kuje (Phase II), Abuja"
To find more click...

Affordable Houses at Lonex Gardens Estate"
To find more click...

Union Homes REIT"
To find more click...

Housing Projects/Properties at Lagos"
To find more click...

Loan Type
Loan Program
Property Value
Loan Amount
Username
Password
      Need Home Loan in hurry
Home | Banking Services | Our Products | Customer Services | Loan Tools | Projects | About Us
Apply Now | Branches | Contact Us | Careers

©Copyright 2007 Union Homes
Created and maintained by WSI
This site is optimized for Netscape 4.0  and Internet Explorer 5.0 or higher. Please download an updated version.