Description

*Explanation of the cost of co-investing at The Grove,a designated portion of Centenary City Abuja open for investment .*

Dear investor, Please find below an explanation of the cost of owning land space for terrace buildings at Centenary City, now open for prospective clients.



A section of Centenary City Abuja, called *The Grove* is what is currently open for co-investors to buy into. Here we have spaces for 4 units of 5-bedroom terrace buildings (4 plexes) occupying a total area of 800sqm and 6 units of 5 bedroom terrace building (6 plexes) occupying a total of 1200sqm (A, B, C, D, E, F).

The 4-plex terraces are labelled A, B, C, D. The corner piece property (A and D) are more spacious, so more expensive, for example, A and D terrace spaces go for an average of N35million, while B and C goes for an average of N25million, depending on the location of the building unit (whether closer to the expressway or water-front).

The 6-plex terrace buildings are labelled A, B, C, D, E, F, with A and F being corner piece, and is expensive as the A and D buildings of the 4-plex units.

The corner piece property A and D (for the 4-plex) and A and F (for the 6-plex ) measure 230sqm each. The middle piece property (B and C for the 4-plex and B,C,G,E for the 6-plex) measure 160sqm each.

Allocation of purchased areas are done immediately on paper, which translates to the building plan for Centenary City, and because sale happens frequently, updates on the units sold will be provided weekly, until they are exhausted.

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