• Apartment, Residential, Studio
  • Property Type
  • 2/3/4
  • Bedrooms
  • 2/3/4
  • Bathrooms
  • 2021
  • Year Built

Overview

  • Apartment, Residential, Studio
  • Property Type
  • 2/3/4
  • Bedrooms
  • 2/3/4
  • Bathrooms
  • 2021
  • Year Built

Description

Ilubirin is an exciting new development of beautiful homes with restaurants, shops, parks, a school, offices, retail and a world-class medical facility forming part of the district. The Premier Collection is a selection of spacious studio, 2 & 3 bedroom apartments. Elegantly and responsibly designed, with sleek and sophisticated interiors, they will sit at the heart of Ilubirin and close to its central shopping boulevard and restaurants. These apartments are available to purchase now. A vibrant new waterside district on Lagos Island – Ilubirin is a wonderful world of shops and homes, of concerts and dance, of restaurants and cafés, of places to work, places to learn and places to play. Stunningly landscaped with gardens, wetlands and lagoonside promenades, this engaging and dynamic new community will set new lifestyle standards in this area of the city.

Delivery of The Premier Collection will commence in the 4th quarter of 2021. These 5 blocks constitute the 1st phase of the development which will consist of 108 apartments as well as a commercial and retail section, along with other recreational facilities. Phase 1 is a small portion of the greater development which will house many other world-class facilities. The prices for the  Studio apartments start at  ₦89 000 000 and the 2-bed apartments start at ₦112 000 000 and the 3-bed apartments will start at ₦159 000 000 inclusive of all fees except the transfer of title. The prices will vary depending on the floor level, views and proximity to the waterfront.

The payment plan terms for the apartments is as follows:

  1. A commitment fee of ₦1 000 000 payable on the acceptance of the letter of offer.
  2. A 30% deposit (less the ₦1 000 000 paid previously) is required on the signing of the sales contract.
  3. A first stage payment of 25% (twenty-five percent) of the Purchase Price.
  4. A second stage payment of an additional 25% (twenty-five percent) of the Purchase Price.
  5. The final 20% (twenty percent) of the Purchase Price shall be due prior to taking possession.

The payments will be distributed evenly between when the offer is accepted and when the unit is due for completion. Kindly note that Prudential Mortgage Bank is offering the buyers at Ilubirin a 70% mortgage facility with a payback period of up to 15 years. Please let me know if any of your clients would like to discuss this with them.

Neighborhood:

  • Murtala Muhammed International Airport    16.21 KM
  • Lagos Terminus    1. 92 KM
  • Ikoyi Golf Club     3.32 KM
  • Lagos Yacht Club   2.52 KM
  • Lagos Polo Club    3.5 KM
  • Freedom Park Lagos     1.6 KM
  • Tarkwa Beach     6.9 KM
  • Elegushi Royal Beach     10.92 KM
  • National Stadium     5.20 KM
  • National Theatre      3.37 KM
  • University of Lagos   6.5 KM
  • National Open University Of Nigeria      3.49 KM

Property Documents

Address

  • Address 37 Bourdillon Road, Ikoyi, Nigeria
  • City Ikoyi
  • State/county Lagos
  • Area Bourdillon
  • Country Nigeria

Details

Updated on October 6, 2021 at 12:45 pm
  • Price: Start from ₦89,000,000/Outright
  • Bedrooms: 2/3/4
  • Rooms: 2/3/4
  • Bathrooms: 2/3/4
  • Year Built: 2021
  • Property Type: Apartment, Residential, Studio
  • Property Status: For Sale, Investment, New Costruction, New Listing, Off Plan

Additional details

  • Title:
  • Commitment Fee: ₦1,000,000
  • Initial Deposit: 30% deposit (less the ₦1 000 000 paid previously)
  • First Stage Payment: 25% (twenty-five percent) of the Purchase Price
  • Second Stage Payment: 25% (twenty-five percent) of the Purchase Price
  • Final Stage Payment: 20% (twenty percent) of the Purchase Price shall be due prior to taking possession

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Oluwatosin Adebayo
  • Oluwatosin Adebayo