In this part of the world, high street location is, increasingly, becoming synonymous with prime or grade A office developments. Almost always, developers and investors would want to locate their office buildings on high streets for reasons of immediate attention and, perhaps, easy marketing.
But there are other developers and investors with other considerations. For this class of people, serenity, exclusivity and class weigh. And this is where Lekki Point Towers and its promoters belong.
Lake Point Towers is an exclusive office development comprising two towers of Grade A luxury offices and support facilities located close to the waterfront of Banana Island, Ikoyi. Each Tower comprises approximately 7,370 square metres open plan lettable space across 9 floors .
According to the promoters, its Banana Island location is a break away from the norm. Banana Island’s exclusive, expensive, serene and classy attributes have, unequivocally, given this development a special status, making it a niche product that should be sought after by lovers of exclusivity and security.
A recent report by researchers on Nigeria’s prime office market shows that Nigerian economy improved slightly within the last quarter of 2018 when compared to the previous year. This improvement was also seen in the real estate sector as there was a momentous improvement in the level of enquires received for Grade A office buildings.
According to the report, most of the enquires were specifically tailored towards an exclusive Grade A office buildings which Lake Point Towers offers. Though some would stick to the tradition that A grade property would typically be on a high street as is the case in most places, others differ.
“Nestled in the serene Banana Island, Lake Point Towers is poised to change this norm by providing exclusivity for corporates that want to be far away from the maddening crowd”, said Gbenga Olaniyan, Principal Partner at Gbenga Olaniyan & Associates, a firm of estate surveyors and valuers.
Gbenga Olaniyan & Associates are the marketing consultants for the property. The company explains that Lake Point Towers is an iconic building with state-of-the-art finishes that exceed expected offerings in a finished serviced Grade A office space in most exclusive of environments.
This is reflected in the striking features of the building which include raised floors, central cooling system, general reception area, breath-taking city and water views, sufficient parking spaces, two passenger lifts per tower, one good’s lift per tower, driver’s lounge, CCTV, accessible toilets, access control and water.
Interest in this office complex has been quite encouraging at 30 percent and, according to Olaniyan, the building is fully operational as some of the spaces have been let to top organisations while there are ongoing discussions with a few other companies who are bent on securing a space there. “The rent is pegged at a very competitive price when compared to the going rate in the market”, he revealed.
The leasing agents informed, while encouraging discerning firms and businesses in the market who are seeking exclusivity and class, that offers are handled strictly on ‘first come, first served basis as interest continues to grow in this oasis by the lagoon.
