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COMMITTED TO A BETTER LIFE
PHOENIX TOWER
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Mr Jide OlumodimuGMD, Arkland Group
Ms Evelyn EdumohCOO, Arkland Properties
Mr Seun AwofisoyeHead, Operations
Arkland Properties
Ms Edith Umana Head, Client Services
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Mehrez BoutrosGeneral Manager,
Arkland Structures Limited
Elie Akiki: Operations Manager,
Concrete
Elie BazOperations Manager,
Finishing
Fouad SamaraHead of MEP Department
Arc Mubo Oludiran
Head, Facilities
- Franklin D. Roosevelt
Real estate can not be lost or stolen nor can it be carried away. Purchased with common sense, paid for in full and managed with reasonable care. It is about the safest investment in the world.
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PHOENIX TOWER
We are excited to present to you Phoenix Tower in Eko Atlantic.
This development is designed with you in mind offering exquisite lifestyle in a pristine environment where you can work, live and play.
Welcome to an enduring legacy.
“
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Eko Atlantic is an entire new coastal city being
built on Victoria Island adjacent to Lagos,
Nigeria. It is a focal point for investors,
capitalising on rich development growth based
on massive demand and a gateway to emerging
markets of the continent.
EKO ATLANTIC
Eko Atlantic will be the size of Manhattan’s skyscraper district.
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Why Eko Atlantic● Modern and efficient master-plan:
self-sufficient and sustainable.
● Advanced Infrastructure: uninterrupted power, clean water, underground drainage and world class communication.
● Designed to the highest standards, meeting present and future demands.
● Independent 24/7 power supply.
● Water and wastewater treatment.
● Fiber optic communication connections to every plot of land.
● Plots of land are delivered with connection to utility services.
● Elevated street levels to accommodate basement parking above ground water.
● Building in a city specifically planned for medium to high density development.
● Value added amenities within the city include: School district etc.
● 10.2km long waterfront promenade.
● 2 large marinas connected by an internal water-way.
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PHOENIX TOWER
A home and much more
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AboutPHOENIX TOWERPhoenix Tower is a 27 level tower designed on 3442sqm
space in Eko Atlantic City, Victoria Island.
This elegant tower provides a choice of brilliantly
designed and well proportioned 3 bedroom apartments
arranged from level 6 to 25 with 6 apartments on each
floor and 2 levels of penthouse villas.
We can boast of having the largest 3 bedroom
apartment on offer at Eko Atlantic, which comes with
modern home facilities and top class finishings.
The Amenities● Swimming pool
(with adequate sitting area)
● Spa
● Gym
● Kids play area
● Lounge
● Multi-purpose hall
● 24hrs concierge service
● Residential mart
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Project LAYOUT
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LocationAt the center of the City with access to office buildings, Malls and City Facilities.
DT-A-56
3,442sqm
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FLOOR PLAN
- 120 Apartments
- 27 floors exclusive of basement
- Parking capacity of 386 cars
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LOWER GROUND FLOOR
LOWER GROUND FLOOR 112 CARS13
GROUND FLOOR
GROUND FLOOR 66 CARS14
PODIUM 1,2 & 3
PODIUM 1-3 - 186 CARS15
PODIUM 4
PODIUM 4 - 22 CARS16
TYPICAL LAYOUT OF THE TOWER
TOWER LAYOUT17
3 BEDROOM APARTMENT (195sqm)
3 BEDROOM APARTMENT + BQ + STUDY18
3 BEDROOM APARTMENT (215sqm)
3 BEDROOM APARTMENT + BQ + STUDY19
PENTHOUSE
PENTHOUSE FIRST FLOOR20
PENTHOUSE
PENTHOUSE SECOND FLOOR21
Prices in the cityWith the glit and lifestyle Eko Atlantic City possesses, a typical 3 bedroom apartment goes for between $400,000 - $1million and rental per annum of the same house type goes for between $33,000 -$40,000.
An on-going construction such as A&A Towers by Arkland Properties, is priced at $427,000 for its 3 Bedroom oceanfront apartment and projected value at between $600,000 - $700,000 upon completion in 2022.
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ROIPROJECT PROPERTY TYPE CURRENT PRICE *GROSS YIELD %
PHOENIX TOWER
3 Bedroom Apartment
Approx: $291,700 100%
*Calculated based on a 3 year projection.
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Payment Milestones
1st payment – 15% (payable on or before 30th March 2021)
2nd Payment – 20% (payable on or before 30th Sept 2021)
3rd Payment – 25% (payable on or before 30th March 2022)
4th Payment – 20% (payable on or before 30th Sept 2022)
5th Payment – 10% (payable on or before 30th March 2023)
6th Payment – 10% (payable on or before 30th Sept 2023)
PHOENIX TOWER
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FLATALLOCATION
Available
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Deliverables YEAR 1 YEAR 2 YEAR 3
April - September 2021
- PILES AND FOUNDATION COMPLETED
- CONCRETE WORK COMPLETED TO THE 1st FLOOR
April 2022 - September 2022
- CONCRETE WORK COMPLETED TO THE 17th FLOOR
- START MEP WORK
April 2023 - September 2023
- MEP,FINISHING WORK
October 2021 - March 2022
- START PARTITIONING WORK
- CONCRETE WORK
COMPLETED TO THE 8th
FLOOR
October 2022 - March 2023
- START FINISHING WORK
- CONCRETE WORK COMPLETED
T0 27th FLOOR
October 2023 - March 2024
- FAÇADE WORK COMPLETED
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TECHNICAL SPECIFICATIONS Mechanical and Electrical Systems:
Cooling and Ventilation:
- High quality variable refrigerant flow
cooling system with concealed indoor units
and distribution ducts.
- Indoors ventilation system including treated
fresh air and extractors.
- Parking Ventilation system including fan jet
circulators
Fire Safety:
- Fire fighting system including a sprinkler
system at the basements and hose reels
and extinguishers in all common spaces
following NFPA norms and regulations.
- Fire pumping station including jockey pump,
electrical and diesel pump
- Staircase air pressurization system
- High quality addressable fire alarm system
- Public address system for emergency calls
Security:
• Advanced high resolution cameras and surveillance system
• Automated gates
• Electrical fence if required
• Access control for control rooms and technical areas
Plumbing:
• High quality pumping sets including variable speed supply units
• Pressure tested high quality drainage and water supply pipes and
fittings for plumbing distribution lines
• Water storage tanks enough for domestic and fire fighting use
• Metered water supply system
• Modern sanitary fixtures
Electrical:
• High quality medium voltage transformer and switch gears
• Generator set for duty and standby use with synchronization
system
• Independent power consumption meters for each apartment
• Diesel storage tank for generators
• High quality wiring devices like sockets and switches
• High quality LED light fittings
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FAQsQUESTIONS RESPONSES
What type of title document shall we receive? Deed of assignment/ allocation referenced to
Governor’s consent.
How many car parking spaces per flat? There will be 2 parking spaces per flat with 10%
contingency for visitors.
What is the cost of electricity charge? We are estimating price/kwh to be between N80 -
N90.
What kind of recreational and infrastructural
facilities will be delivered?
Swimming pool, kids play area, creche, shopping
mart, green/sit-out area, multi-purpose space and
sauna/spa.
What is the strategy for project supervision and
controls
External consultant will be mobilized to monitor
client interests. Also sub committees can be
setup among subscribers to follow various project
aspects at high level.28
FAQsQUESTIONS RESPONSES
How will the flats be allocated? Early bird get the right to select their desired unit
within their price bandwidth.
How will Arkland be able to deliver this project at
such a price relative to it’s A&A project without
compromising quality?
Bulk purchase advantage, this enables us to
benefit from the economics of scale.
Is mortgage funding available? Providus bank is providing a single digit fixed
interest rate of 8.5%.
Who will maintain the building? Arkland will appoint a facility management
company with a proven track record to undertake
the maintenance of all common parts and
facilities within the complex.
What are the fire safety provisions? Provisions have been made for this in accordance
to international standard safety protocols.29
Arkland was incorporated in 2013 and started development in 2014
A foremost and privately owned real estate firm that acquires, develops and invests in a wide range of housing properties in Lagos, Abuja and Turkey.
With a combined value of N58.44 billion , we have always delivered on time and we do not have any abandoned projects in our history
Going into the high-end market, Arkland formed Arkland Structures Limited(ASL) to cater to our high-end projects. In this regard ASl is handling the
following projects for Arkland; A&A Towers in Eko Atlantic, Bijou in Banana Island and La Paz in Victoria Island having a combined project value of N45 billion.
ARKLAND PROPERTIES
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Why Arkland- Arkland Properties & Investment Co. Ltd is a
dynamic company with a focus on property development and facilities management.
- Our track record shows that we have delivered over 255 units (in 15 projects) valued at N57.84 Billion (i.e. $81.666 million) without any history of abandonment and a project delivery time above industry standard.
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Some of our completed projectsWe have developed over 25 completed projects in Lagos state,
Grace CourtVictoria Island
VantageVictoria Island
Providence CourtVictoria Island
Providence TerracesVictoria Island
El-CourtBanana Island
Fabian CourtIkoyi
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On-going ProjectsLa Paz Apartments, Victoria IslandConstruction commenced in July 2020 and delivery is June
2022. Project Value: NGN3.0 Billion (Sold out).
February 2021
January 2021
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On-going Projects
A&A Towers, Eko Atlantic CityIs a 100 unit development on 22 floor situated on
Plot OF-31, Eko Atlantic City, Victoria Island,
Lagos. Construction commenced in July, 2019 and
completion is June, 2022.
Project value: N16 Billion (34 units left)January 2021
March 2020
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On-going ProjectsBijou, Banana IslandIs a 20 story ultra-development housing 56
villas spanning 500 sqm spaces. Situated on
Plot QA1, Banana Island, Ikoyi, Lagos. Project
conceived in December 2020. Project Value:
$56 million (26.6Billion)
Piling commenced February 2021
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ASLManagement Team
Allie Z. Mendez: Head of Technical Department
Mehrez Boutros: General Manager
Elie Akiki: Operations Manager, Concrete
Elie Baz: Operations Manager, Finishing
Fouad Samara: Head of MEP Department.
SOME PREVIOUS PROJECTS
- Arab Centre for research and policy studies, Qatar. 885 million Qr.
- Abu Dhabi Int’l Shooting Club Residential, Leisure & Commercial Compound: 447 luxurious Villas, 12 luxurious towers, & a commercial Centre. Value: AED 2.8 billion
- Hilton Hotel Staff Accommodation Complex: Construction of 540 studios ,15 villas & Club House.Value: AED 200 Million
- Al Reef Villas Project Abu Dhabi: Construction of 2400 villas and related infrastructure. Value: AED 2.5 billion.
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Our Partners
ARKLAND STRUCTURESA Construction company specifically created to cater for high end development. ASL experienced combined team of with more than 10 decades of rich experience spanning building across Africa, Middle East and Europe. With over 115 developed projects of a combined value of $10 Billion.
PROVIDUS BANKProvidus Bank Limited (PBL), is a Nigerian financial services provider, licensed as a commercial bank, by the Central Bank of Nigeria, the central bank and national banking regulator.
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Our PartnersYasnas Engineering Ltd:A high pedigree engineering company for high end construction.
Sigma Spec: They handle MEP and their experience over the years in successfully handling big ticket jobs within and Outside Nigeria will be brought to bear on the project.
Richard Eid:A renowned architect in Beirut, Lebanon will handle the architectural design. He is credited with the design of several edifices worldwide.
OTCE/VILNER:A highly profession and renowned firm who handles. the structural designs.
ITB PRE-CAST:Pre-cast/Pre-stressed slabs and beams.
ITB Concrete:High grade – C45 ready mix concrete.
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MESSAGE FROMTHE MD/CEOAfter spending close to two decades in the real estate industry, I feel very privileged to be the managing director of Arkland Group. This is a special time in our company’s history as we embark on such a wonderful project.
We will continue satisfying our customers, as we have always done.
Mr Jide OlumodimuMD Arkland Group
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CONTACT
OFFICE ADDRESS
House 4 Castle fields Estate, Block B,
Plot 21 Augustine Anozie close off
Senrolu Road, Dideolu Estate, Victoria
Island, Lagos, Nigeria
E-MAIL US
mortgage@[email protected]
PHONE NUMBER+234 909 000 4258
PHOENIXTOWER
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THANK YOU...
