Premiere Court, Bungalows Arepo


Premiere Court is crafted with you in mind; whether you are seeking for profitable real estate investment or simply looking for your dream home. Our affordable and innovative scheme can help achieve your goals.

Location Description

It is located in Arepo – a first-class residential area along Lagos – Ibadan expressway. Arepo is a quiet, highly secured and well-planned neighborhood with a lovely outlook similar to that of Magodo G.R.A, Lagos. It has direct accessibility to the central business districts of Victoria Island and Ikeja via Third Mainland Bridge and Magodo Bypass respectively. It is 8 minutes’ drive from Ojodu / Berger, 12 minutes’ from Magodo G.R.A, 36 minutes away from Ahmadu Bello Way, Victoria Island and approximately 25 minutes drive to local / international airports, Ikeja - Lagos

Product Description

Premiere Court Bungalows are semi-detached 3 bedrooms with all rooms en suite. They are spacious and highly functional.

The 3 Bedroom Bungalows come in two (2) variants –

  • Fully finished - delivered with all internal and external finishing completed
  • Semi finished – delivered with external plastering, external painting, window sub frames, entry door, exit door and electrical conduit. The buyer undertakes internal finishing at their pace and to their taste.

Floor Plan

  • Living Room + Dinning - 27sqm
  • Bedroom -1 (en suite) - 12sqm
  • Bedroom -2 (en suite) - 12sqm
  • Master Bedroom (en suite) – 13.5sqm
  • Kitchen + Pantry - 11sqm
  • Guest Toilet - 2sqm
  • Total Floor Area - 250sqm
  • Parking Space - 2 cars

Land Title

  • Global C of O (File No OW/RT/C435)
  • Registered Survey (OG/1331/2013/02)

Amenities

  • Electricity
  • Concrete Road Network
  • Street Light
  • Drainage System
  • Water Supply System
  • Intercom Telephone
  • Central Security System (CCTV + Security Guards)
  • Children Playground
  • Tennis Court
  • Garden Sit-out
  • Perimeter Fencing
  • Landscaping & Greenery
  • Facility Management Service

Project Plan

Project Milestone Target Date
Phase 1 December 2021
Phase 2 December 2024

Pricing & Payment Plan

Bungalows

3 BEDROOMS (SEMI FINISHED)

Payment Option Description Initial Deposit (N) Monthly Instalment (N) Annual Instalment (x5) (N) Total Value (N)
A Outright - payment in full 12,905,000 - - 12,905,000
B Payment by instalment - 6 months 2,151,000 2,151,000 - 12,906,000
C Payment by instalment - 12 months 2,000,000 1,010,000 - 13,110,000
D Payment by instalment - 48 months - 283,000 - 13,584,000
E Payment by instalment - 60 months - 180,000 556,800 13,584,000

3 BEDROOMS (FULLY-FINISHED)

Payment Option Description Initial Deposit (N) Monthly Instalment (N) Annual Instalment (x5) (N) Total Value (N)
A Outright - payment in full 16,188,000 - - 16,188,000
B Payment by instalment - 6 months 2,700,000 2,700,000 - 16,200,000
C Payment by instalment - 12 months 2,000,000 1,320,000 - 16,520,000
D Payment by instalment - 48 months - 355,000 - 17,040,000
E Payment by instalment - 60 months - 180,000 1,250,800 17,050,000

Bungalows

2 BEDROOMS (SEMI-FINISHED)

Payment Option Description Initial Deposit (N) Monthly Instalment (N) Annual Instalment (x5) (N) Total Value (N)
A Outright - payment in full 9,000,000 - - 9,000,000
B Payment by instalment - 6 months 2,000,000 1,200,000 - 9,200,000
C Payment by instalment - 12 months 1,000,000 708,334 - 9,500,008
D Payment by instalment - 48 months - 208,500 - 10,008,000
E Payment by instalment - 60 months - 120,000 600,000 10,200,000

Bungalows 2 BEDROOMS (FULLY-FINISHED)

Payment Option Description Initial Deposit (N) Monthly Instalment (N) Annual Instalment (x5) (N) Total Value (N)
A Outright - payment in full 11,500,000 - - 11,500,000
B Payment by instalment - 6 months 2,000,000 1,617,000 - 11,702,000
C Payment by instalment - 12 months 1,000,000 917,000 - 12,004,000
D Payment by instalment - 48 months - 261,000 - 12,528,000
E Payment by instalment - 60 months - 150,000 740,000 12,700,000
*Quoted prices are subject to stock availability and all monies payable to designated accounts of Tailorbricks Limited only