The Iconic Sihouette 2 Bedroom Luxury Apartment

The Iconic Towers represents a cutting edge architectural landmark, beautifully crafted and set to redefine the City Skyline.
This multi-story residential dwelling exudes class, taste and high standard of living, giving true definition to Luxury Lifestyle.

The Iconic Towers, Sinari Daranijo Street, Victoria Island is a Luxury Residential/ Hotel Apartment development Championed by Cruxstone Dev & Investment Ltd in partnership with the LSDPC.

Situated in the Heart of Victoria Island while flanked by commercial activities, the Iconic Towers is an architectural Masterpiece that would not only add

beauty and glamour to the skylines of the Lagos Metropolis but also gives willing investors an opportunity to reside in the hub of Iconics and experience a Living Standard only rivaled by global 5star Hotel brands.

Investment opportunities are available in 1bedroom apartment options and also the luxurious 3 floor Pent House unit with a private pool,
including top of the line internal finishing and decor.

Take advantage of a down payment and access the spread payment option of 2year for any unit of choice.

PRICE: 90M per Apartment

Investment Questions and FAQ
1)Estimated Rental Income on apartments in the iconic tower:
2-bedroom Apartment: N7.5 -- N8.5million (18,046)
Rental on short let through either booking.com/Air BnB or even through the management facility for the iconic towers are as follows: 2-bedroom Apartment: 260 - 300 per night
2) Other costs and charges. Legal Fee -- 5% of purchase price
VAT - 7.5% of purchase price
3) List of out-going cost Service Charge: The cost of service charge based on the quotation we have gotten from our management facilitators is between N800,000 -- N1million
4) Properties in v/island and highbrow locations like ikoyi increase on an annual rate of 15 -20%. Projects like Rose of Sharon, The 1 bedroom in the iconic tower was once sold for N40 -- N45million and now the current market value is N60million within the space of 2 years. The iconic tower has experienced a high turn-over in capital appreciation while still under construction.
5) The close proximity of projects like the Eko signature, Eko Pearl, Rose of Sharon, the landmark destination Village adds value to the projects because the value rubs off on the other projects on its environs.
6) The delivery of the iconic tower is scheduled to be delivered in December 2022. As the first tower is already completed and finishing expected to be completed in March 2021.
7) The total land size of the Iconic tower is 9600 sqm or 96,000 square feet. The built-up area is about 6000sqm
8) Guaranty occupancy rate for the iconic tower is 90%
9)The Iconic tower is a fully finished project, with top-notch interior designs
10) The Strategic Partners
- Play in Architecture (Futuristic architectural design) The architectural design of the iconic tower was designed with
- BCL Constructions & Civil Engineering. Some of their projects are Alliance place, Cornerstone Towers, Knorr House and many more.
- LSDPC. A government parastatal. Custodian & managers of houses & lands in logos state.
11) The title document to be issued on this project is the Deed of Sub-lease. Direct title from the Lagos state government because of the synergy we have with LSDPC.