4-Bedroom Terrace Homes

Property Details Location: Banana Island, Ikoyi, Lagos Development: 4 units of 4-bedroom terrace homes Property Type: Residential Terrace Homes Livable Space: Approximately 485 SQM per unit Bedrooms: 4 bedrooms per unit Price: US$1.8 Million per unit Transaction: Off-plan sale Stated Delivery: August 2027 Features Stated All bedrooms ensuite Private elevator Private gym Rooftop garden Rooftop swim spa 4 parking spaces per unit Zahari View This development presents a limited four-unit residential offering within Banana Island, one of Lagos' established high-value residential districts. With approximately 485 SQM of livable space per unit, the homes are positioned around spacious living, private vertical circulation and rooftop amenities. The inclusion of a private elevator, gym, rooftop garden and swim spa indicates a design aimed at combining residential comfort with private leisure facilities. Four dedicated parking spaces per unit also provide an important practical consideration for households with multiple vehicles. However, because the homes are being offered off-plan with a stated August 2027 delivery date, prospective buyers should evaluate the opportunity beyond the architectural features and asking price. The developer's delivery record, development approvals, title documentation, construction specifications, payment structure and contractual delivery obligations should all be independently reviewed before commitment. Property Highlights 4-bedroom terrace homes Approximately 485 SQM livable space per unit All bedrooms ensuite Private elevator Private gym Rooftop garden Rooftop swim spa 4 parking spaces per unit Limited development of four units Stated August 2027 delivery Why This Property Deserves Attention The development combines a relatively large residential footprint with private facilities that would ordinarily require additional planning and space within a conventional home. The four-unit configuration may also appeal to buyers seeking a residential environment with fewer units than a larger apartment development. Nevertheless, buyers should assess the actual site layout, privacy between adjoining terraces, common areas, access arrangements and management responsibilities before purchase. Buyer's Perspective Before committing to an off-plan purchase, prospective buyers should establish: Who legally owns the development site? What title covers the land? Have the necessary planning and building approvals been obtained? What exactly is included in the 485 SQM stated livable area? Is the private elevator included in the contractual specification? What brand and specification of fittings, appliances and mechanical systems will be installed? How will the rooftop swim spa and garden be constructed and maintained? Are the four parking spaces exclusively allocated to each unit? What is the payment schedule? Are there penalties or remedies for delayed delivery? What happens if specifications change during construction? What documentation will be provided at handover? Investment Perspective For an investor, the acquisition should be assessed using the total cost of ownership rather than the purchase price alone. This includes legal and professional fees, statutory charges, service or estate-related costs, insurance, maintenance of private facilities and the eventual cost of furnishing or upgrading the property. For buyers considering future rental or resale, the property's location, finished specification, management quality, maintenance costs and comparable market activity should be independently assessed closer to completion. No rental income or capital appreciation should be assumed without supporting market evidence. Investor / Buyer Note The stated August 2027 delivery date should be treated as a proposed delivery timeline until confirmed through the sale agreement and construction documentation. Prospective purchasers should engage an independent property lawyer, surveyor and relevant technical professionals to verify the title, approvals, building plans, development specifications, boundaries, contractual obligations and construction progress. Documentation & Verification Before making payment, buyers should independently verify: Title and ownership of the land Survey and site boundaries Planning and development approvals Building approval and applicable permits Development agreement and payment schedule Detailed specification schedule Construction programme and delivery obligations Unit allocation and parking arrangements Handover documentation Any applicable estate or management obligations Asking Price US$1.8 Million per unit Stated Delivery August 2027 For Enquiries & Inspections Call/WhatsApp: +234 907 301 3359 Website: www.zaharihub.com Zahari Properties ...Points in the right direction. Disclaimer: Property information in this listing is based on details supplied for the development and should be independently verified. Buyers should confirm title, approvals, specifications, payment terms, delivery timeline, ownership structure and all associated costs before entering into a transaction.