Wemabod Sugar Estate is a serene residential development located in the heart of Lekki just 1km away from Victoria Garden City. The coordinate of the site is 60 27’13.9” N, 30 33’16.2” E. and it is before VGC Estate heading towards Ajah and located on the side of the road heading towards Victoria Island.
Phase 1 of the development will consist of 30 housing units consisting of 24 Terraced houses and 6 Semi-Detached houses. Each home will consist of 4 bedrooms with a maid’s room.
The first 12 houses are scheduled to be delivered by December 2023 and the balance by Q3 of 2023. The Estate is planned such that modules can be added on Phases 2 and 3 to bring in an additional 100-120 homes bringing the total to about 150 homes.
The Houses are being built so Homeowners have some flexibility in determining space planning and finishes with the option of the houses being developed as a shell internally to be finished by the owner or fully finish in line with options of finishes provided by Wemabod. The buildings are of international style concept with flexibility and modularity of spaces and services installations to enable interior design and finishes of homeowners’ preference.
The homes have also been designed with green credentials to make the homes environment and energy friendly with provisions made for alternative energy and inverter systems, energy and natural resources saving fittings, fixtures and features with safety, comfortable, environment, aesthetics and psychological appeal.
The layout and design of the building is characterized by the ambience of a modern residential estate and at the same time stands out as a distinguished estate which attracts great returns on asset and asset appreciation for Homeowners.
The Estate has adequate parking space for residents and visitors.
The design of the houses is as per British Standards and or the National Building Code and conforms to the latest Nigerian Standard Code of Practice for various disciplines considering the maintenance and durability.
Construction Works starting with enabling works has commenced by June 2023.
Additional facilities and Services include:
Club House with Gym
Play Ground and mini football pitch.
Meeting Room Facilities
Mini Hall for functions
Facility Management Services
Estate management services (For those who want it as a revenue source)
Rentals in the area now for similar developments are at NGN 5-6m annually in addition to the appreciation of the value of the Asset at about 2.5% annually.
Selling Prices start from NGN 140m for the Terraces and 170m for the Semi-detached Units with flexible Payment Plans that allow ease of payment. Homes are to be sold as shells (First and Second MEP fixes) with the externals fully finished and the prospective buyer is provided options of interior finishes if requested or can be done directly by the homeowner engaging their own interior decorator.
Mini Hall for functions
Play Ground and mini football pitch
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