The housing market in Nigeria got a significant breather recently as some families left the crowded market to take residence in a just completed and delivered housing development by The Address Homes, a leading property investor and developer in the country.
The new development, known as The Address Homes Wemabod Estate, is an addition to the company’s other housing projects that have provided shelter for a good number of Nigerians in Lagos.
According to records, the firm had delivered over 250 homes to Lagosians. Given an average of five persons per family, it means the company has lifted close to 2,000 Nigerians, including domestic staff and others, out of the housing market and still counting.
These homes are located on Bank Road in Ikoyi, Banana Island, Ikoyi; Close 107, Banana Island Road, Ikoyi, Banana View, Femi Okunu, Victory Park Lekki, Alma Beach Lekki, Elegushi-Ikate Lekki, Taiye Olowu and Wemabob Estate.
The Address Homes Wemabod Estate located on Ikoyi Crescent, Lagos, has 18 units of luxury apartments comprising 10 units of four-bedroom terrace houses (each with one maid’s apartment) and four units of five-bedroom (each with an additional two maid’s apartments).
It also consists of semi-detached buildings; and four units of five-bedroom (each also with additional two maid’s apartments) and fully-detached buildings. It comes with world-class amenities such as Wet and Dry Kitchen, Ample Parking Space, Double Volume Master Bedroom, Communal Swimming Pool, etc.
The strategic location of the new development at a serene environment directly opposite the official residence of Lagos State Deputy Governor, does not only guarantee comfort and security, but also flexibility of commuting from the Island to the Mainland parts of Lagos.
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The spot where the estate sits is the meeting point of Gerard Road and Ikoyi Crescent, off Alfred Rewane Road, Ikoyi. This affords prospective residents good access to Lagos Island, the Third Mainland Bridge, Victoria Island and the Lekki-Ajah axis through the Lekki Link Bridge.
The developers explained at the weekend that The Address Homes Wemabod Estate was uniquely designed to give homeowners serene environment and luxury taste, pointing out that it sits on two non-contiguous plots of land designated as 37A and 37C, Ikoyi Crescent respectively.
“We are committed to delivering luxury homes that meet the highest standards of quality and functionality. Our attention to detail and commitment to customer satisfaction have earned us the reputation as one of the country’s leading real estate development firms,” Bisi Onasanya, chairman and founder of The Address Homes, said.
Onasanya added, “at The Address Homes, we believe in the power of real estate as a tangible asset that builds equity and sets you up for long-term success; we evolve concepts that consider each customer’s taste, budget, time frame, market environment, and the opportunities available.”
He disclosed that they had successfully delivered numerous contemporary homes in the Ikoyi, Banana Island axis, adding that other four projects, namely, The Luxuria, Dan and Dan Apartments, Aunty Ayo, Manuwa Park and Harold Shodipo in Ikeja GRA, were at finishing stages.
On his part, the managing director, Wemabod Limited, Oluyemi Ejidiran, commended The Address Homes for delivering quality housing to Nigerians, describing the engagement with The Address Homes as the best fit given its pedigree in the built industry.
“The choice of The Address Homes on this project is quite strategic given its experience and professionalism in the built sector. We are glad that they’ve not only delivered in record time, but notably, the delivery is even coming earlier than they promised,” Ejidiran said.
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