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Sunday, June 2, 2013

Firm to build The Sphere in VI

The Punch - Nigeria's Most Widely Read Newspaper
Breaking News, information and opinion in Nigeria
Firm to build The Sphere in VI
Jun 2nd 2013, 23:00

With over a decade of luxury real estate developments in Ikoyi area of Lagos State behind it, Cadwell is set to bring a face lift to Kofo Abayomi Street, Victoria Island, with the its latest work of art, the Sphere.

The deluxe residential development on seven floors with a unique shape, according to the firm, is fashioned in a modern classic style that comfortably complements the lifestyle of the upwardly mobile executive and family

Apartments in the Sphere are being offered to prospective buyers via electronic sales and selective marketing to the company's preferred audience.

Cadwell said, "If you desire true lush living or a high yielding investment, the Sphere is a veritable avenue to satisfy the craving as it is well placed in the serene side of Victoria Island, Nigeria's most prestigious district to live and work.

"This ingenuous architectural master piece designed by a renowned architect, in compliance with international standard for architectural and engineering design, combines safety, comfort, services and functionality with best-in-class finishes equally backed with distinctive facilities like none other worldwide."

Sphere comes with unique features such as spacious living areas, extra-large windows, extensive high ceilings, tall doors, all en-suite bedrooms with quality fixtures and fully fitted kitchens with Bosch appliances.

Other features include fitness suite, "seven-star" spa, male and female massage rooms, beauty salon, games rooms, news café lounge and juice bar.

Featuring on the ground floor is a very limited luxury goods residential retail shop, office suites, and meeting room to accommodate minimum of 12 persons, to provide world class services to the residents, accessible through a private access control entrance from each wing.

The Sphere comes in two blocks of seven floors. The apartments include penthouses of four bedrooms, three living rooms, study, living and dining areas.

The total plot area is 5,101square metres with 3,259.66 square metres for building. Other features include swimming pools, pool lounge, facility management, 24-hour power supply, water treatment plant, sewage treatment plant, visitors parking, gardens, play ground and manned security with CCTV cameras.

The project, according to the company, will commence in the third quarter of 2013, with the estimated completion time set at the fourth quarter of 2015.

The Sphere was designed by Pieach Limited, winner of the Best Mixed-use Architecture Africa Award at International Property Awards 2012-2013)

To encourage buyers, Cadwell is offering prospective buyers the option of making a minimum deposit of 10 per cent as sign-on commitment fee with 15 per cent mobilisation to site and the balance in nine equal quarterly instalments to span throughout the construction period estimated at 27 months.

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