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The Address Homes Lifts More Families Out of Crowded Housing Market

Posted by Segun Adewole on December 12, 2023
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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 devel-opment 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 com-pany’s other housing pro-jects that have provided shelter for a good number of Nigerians in Lagos. According to records, the firm had delivered over 250 homes to Lago-sians. Given an average of five persons per family, it means the company has lifted close to 2,000 Nige-rians, including domestic staff and others, out of the housing market and still counting. These homes are lo-cated on Bank Road in Ikoyi, Banana Island, Ikoyi; Close 107, Banana Island Road, Ikoyi, Banana View, Femi Okunu, Victory Park Lekki, Alma Beach Le-kki, 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 build-ings. It comes with world-class amenities such as Wet and Dry Kitchen, Am-ple Parking Space, Double Volume Master Bedroom, Communal Swimming Pool, etc.The strategic location of the new development at a serene environment di-rectly opposite the official residence of Lagos State Deputy Governor, does not only guarantee comfort and security, but also flexibility of commuting from the Is-land to the Mainland parts of Lagos.

The spot where the estate sits is the meeting point of Gerard Road and Ikoyi Crescent, off Alfred Rewane Road, Ikoyi. This affords prospective resi-dents good access to Lagos Island, the Third Mainland Bridge, Victoria Island and the Lekki-Ajah axis through the Lekki Link Bridge.The developers ex-plained at the weekend that The Address Homes Wemabod Estate was uniquely designed to give homeowners serene envi-ronment 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 atten-tion to detail and commit-ment to customer satisfac-tion have earned us the reputation as one of the country’s leading real es-tate development firms,” Bisi Onasanya, chairman and founder of The Ad-dress Homes, said.Onasanya added, “at The Address Homes, we be-lieve in the power of real es-tate 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 avail-able.”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 man-aging director, Wema-bod Limited, Oluyemi Ejidiran, commended The Address Homes for deliv-ering quality housing to Nigerians, describing the engagement with The Ad-dress Homes as the best fit given its pedigree in the built industry.“The choice of The Ad-dress Homes on this project is quite strategic given its experience and profession-alism in the built sector.

BusinessDay

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