• Friday, December 08, 2023
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BusinessDay

Cadwell enters market, opens residential, investment opportunities with The Sphere

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After a decade of strategizing and consolidating on its Ikoyi developments, Cadwell, a real estate investment firm that prides itself as ‘Master of the Art of Luxury Living’, has entered the Victoria Island market with The Sphere, a modern residential development.

Sitting on a total plot area of 5,101square metres with 3259.66 square metre buildable area, The Sphere is a seven-floor edifice built in two blocks, A and B. It is an elegant deluxe development fashioned in a modern style that comfortably complements the lifestyle of the upwardly mobile executive and family.

For those who desire lush living or a high yielding investment, The Sphere is a veritable avenue to satisfy such craving as it is well placed in the serene side of Victoria Island, Nigeria’s most prestigious district to live and work.

This ingenuous architectural master piece designed by Pieach, an award winner, in compliance with international standard for architectural & engineering design, combines safety, comfort, services and functionality with best-in-class finishes equally backed with distinctive facilities that are second to none worldwide.

Sphere comes with exceptional features such as spacious living areas, extra-large windows, extensive high ceilings, tall doors, all-ensuite bedrooms with quality fixtures and fully fitted kitchens with Bosch appliances.

Also there is the never-seen before ‘leisure level’ where the inspiring experience is at its best with the use of well-being centre featuring Fitness Suite, Seven Star Spa, Male and Female Massage Rooms, Beauty Salon, Games Rooms, News Café Lounge and Juice Bar.

On the ground floor there are luxury goods retail shops, office suites, meeting room (to accommodate minimum of twelve persons) meant to provide world class services to The Sphere’s residents. This is accessible through a private access control entrance from each wing.

Facilities such as swimming pools, pool lounge, facility management, 24 hour power supply, water treatment plant, sewage treatment plant, visitors parking, gardens, play ground and manned security with CCTV cameras are available.

The Sphere has an attractive payment terms requiring a minimum deposit of 20-25 percent as sign-on commitment fee and the balance paid in 10 equal quarterly installments through the construction to completion period estimated to last for 30 months

The developer encourages investors to buy off-plan, explaining that off-pan sells period it is best time to invest, especially in Lagos where there are over 18 million people (Lagos–Nigeria) with an annual population growth rate of 6 percent .

“Investment thrives where there are people. We have, in over a decade, demonstrated unbeatable record for producing and maintaining the finest real assets in Nigeria for our multi-national clients. Buying a property off-plan at The Sphere offers unique benefits

Including a decent capital appreciation, short pay-back period, and guaranteed annuity income from our solid clientele base”, an official of the company assured.

According to the official, the launch of The Sphere will add to their legacy of building ultra-luxury residential and mixed developments in the high brow areas of Nigeria, noting that the scheme is a perfect combination of homes suitable for any purchaser and in such a choice location.

 

Stories by CHUKA UROKO