2. Atlantic Resort, conceived in response to the demand for Grade A office
spaces which continues on an upward trajectory due largely to the size
of Nigeria’s Gross Domestic Product (GDP), growing population,
emerging middle class and more specifically the thriving business
environmentinLagosowingtoeconomicactivitiesinthestate.
There has been an increase in the number of Global Firms venturing
into Lagos. Consequently, investment into mixed used developments
has become a viable venture, as global firms gaining inroad into
Nigeria market elect to have there executives who are majorly
expatriate in close proximity to their working place e.g. The new BAT
ToweronKingswayRoad.
EXECUTIVE SUMMARY
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3. Average rental income per sqm based on the above is $800.
Meanwhile none of the mentioned properties will rank in standard
with Atlantic Resort, therefore, the rental rate on this proposed project
willbehigherthantheaverageuponcompletion.
Your investment on Atlantic Resort will yield an average of 37% by the
3rdyear.
ANALYSIS OF RENTAL COST OF GRADE A OFFICES
Civic Towers VI $900
Landmark Towers VI Annex $1,000
Churchgate Towers VI – Beside Law School $650
FF Towers VI – Ligali Ayorinde $1,000
Nipost Towers VI – Adeola Odeku $800
OFFICE LOCATION COST/SQM RATE OF OCCUPANCY
100% leased out
90% leased out
90% leased out
80% leased out
85% leased out
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PROJECTED ROI ON ATLANTIC RESORT
– Ozumba
0
500000
1000000
1500000
2000000
2500000
3000000
3500000
year 1 2 3 4 5 6 7 8 9
Cap. Ap Rental Return Total Value
4. Independent Ownership - Purchase of quarter of a floor or more i.e.
250sqm.
Pool Ownership - For investors who want to buy 1 or a few sqm, their
investment would be managed by Stanbic Trustee. A realtor will be
appointed to lease out the property upon completion and Stanbic
Trusteewillsharerentalincomeamongstowners.
Whole Apartment Ownership - For owners or investors who want to
buyawholeuniti.e.1or2bedroomapartment.
Pool Ownership -Sameasoffices.
RESIDENTIAL
OFFICE
SALES SCHEMES
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5. 1sqm
N1,293,400 per sqm
30% Initial deposit i.e. N388,020 and spread
balance over 24 months (N37,724.17 per month)
Unit purchased will be held in Trust by
Stanbic Trustee upon completion in a pool for owners
Realtor will lease out the property upon completion
and rent shared by Stanbic Trustee amongst owners
PoolOwnership
(Commercial)
OWNERSHIP OPTIONS
250sqm i.e. quarter of a floor
N1,293,400 per sqm = N323,350,000
30% Initial deposit balance spread over 24 months
Upon completion of construction, owner occupies
or lease out unit
IndependentOwnership
(Commercial)
6. AtlanticResort,awayfromthemaddeningcrowdandyetwithintheexcitementofthebusinesscenterofLagos,VictoriaIsland.Birtheddifferentlytobe
the most iconic destination for work, live and play in Africa – a symbol of excellence. This project is to be built on 3.4 hectares of land, comprising of 1
commercial tower and 2 residential towers. It is located on Water Corporation Drive, off Ligali Ayorinde Street, Victoria Island and overlooking the
AtlanticOcean.
Conceptualized by the UK arm of HOK, the largest Architectural & Engineering firm in America working in conjunction with ECAD architects. HOK
Architects designed the masterplan for Dubai Marina. A 5-Star concept requires the best of contractors to execute that is why Grenadines Homes has
pre-qualifiedleadingcontractorsinNigeriasuchasCappaandD'alberto,ElalanandJuliusBergerfortheexecutionofthisproject.
Brash Brands, the creative branding agency that breathed life into the tallest building in the world, Burj Khalifa Dubai, is defining the unique
personalityoftheAtlanticResortforattraction,sustainabilityofvalueandclassforwould-beinvestorsandhomeowners.
It's not just another high rise project, Atlantic Resort is the Beauty and the Brilliance, the Style and the Substance.
‘Your individuality and vision are reflected in the place you choose to work or live in.’
ATLANTIC RESORTBUSINESS & RESIDENCE
www.grenadineshomes.com
7. th
Office Address: 11 Floor, Churchgate Towers, PC 31 Churchgate Street Victoria Island, Lagos, Nigeria.
Tel: 01 - 4535098, Web: www.grenadineshomes.com
FOR ENQUIRES:
