wilton mall 2 Revised------
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Transcript of wilton mall 2 Revised------
LOCATION Wilton Mall seats within the Citiview Estate , a serene and organized estate located along Lagos - Ibadan express way.
Citiview estate is a mixed-use development presently hosting the Grenadines Apartments and Terraces, Cranbel Court Apartments and Terraces, Citiview plots of land and Cranbel Court plots of land.
DESCRIPTION Wilton Mall, is birthed to feature and accommodate luxury shops which are carefully designed to cater for health and daily needs, recreation and events , office spaces and chalets for residents and visitors.
We have considered the growing population of the Citiview estate at the moment, its attendant potentials for development and also the need for residents and neighbours alike to have an environment that will cater for their immediate needs.
MARKET OPPORTUNITY Upon completion of the Citiview estate, there will be about 1,500 family households. As a shop owner, you therefore have potentially 4,500 residents as customers. This is a fantastic and sure market opportunity you don’t want to miss.
WHAT WE ARE OFFERING The available spaces in Wilton Mall have been designed and cut out to specific sizes for different products and services. The spaces range from 10sqm to as much as 100sqm and even more. They have been designed to provide shops for: *Healthcare/pharmacy *Groceries *Spa *Gym *Fashion center *Restaurants *Bars/ Lounge *Candy shops *Coffee shops *Electronic shops/ appliances *Bookshop/Media shops *Pastry shop *Boutiques *Supermarket *Laundry *Indoor games *Gift shop *ATM boot *Cosmetics *Network service Centre *Guest chalets *And office spaces.
EARLY BIRD ADVANTAGE •Purchase at an introductory price of N850,000 per sqm on outright basis. •Flexible payment plan option of 12 months spread at N950,000 per sqm with a deposit of 30% only. •Offer closes September 3oth after which the new price of N1,000,000.00 kicks off. •Opportunity to select the business type which suits your dream. •Save up to N1,500,000 per 10sqm space.
MARKET ANALYSIS •While neighbouring malls only lease to you, at Wilton Mall, you have the advantage to own the space that suits the type of business you’ve always dreamt of as you buy during this special offer.
•Wilton Mall is located in an environment that guarantees you ready-customers from about 1,500 households.
•You can transfer ownership or lease your space to whoever, whenever you want.
Malls Location Average cost per sqm
Magodo Shopping Arcade Magodo Phase 1 N850,000
Ikeja City Mall Alausa N1,500,000
Tejuosho Shopping Complex Yaba N900,000
PROJECTED APPRECIATION ON WILTON MALL A square-metre at present costs N850,000 with a projected appreciation of approximately 17.65% in the first year. Between 2017 and 2018, 1 square-metre at the Wilton Mall will cost N1,250,000 with high demand, illustrating a rise of 25% in worth. This exclusive appreciation rate will be orchestrated by continuous rapid construction of the mall which will also be complemented by the serene, secured and quality settlement in Citiview Estate. With the cutting-edge infrastructure and improved accessibility in the estate, your investment is guaranteed a minimum appreciation of 28%.
R.O.I. ON OPERATORS’ MARKET AT WILTON MALL Although the Citiview Estate will host about 1,500 households, the illustration below is assumed at 750 households. Example A. A laundry shop in a 24sqm space will cost N20,400,000. Assuming a family spends N15,000 on laundry on a monthly basis, the shop will perform its service for 750 people which is half of the estate capacity. In a year, the family would spend N180,000 which comes to a total of N135,000,000 by rendering the same service to 750 households. If a minimum profit of 20% is made, the laundry shop would have made N27,000,000 in the first year. Example B. A grocery store in a 90sqm space will cost N76,500,000. Assuming a family spends N40,000 on groceries in a month, in a year the family would have spent N480,000. The total amount spent by 750 households in the estate would come to N360,000,000 in a year. At a minimum profit of 10%, the grocery store would made an average of N36,000,000 in the first year of operation.
APPRECIATION OF INVESTMENT AT CITIVIEW ESTATE •3D illustration of 3 Bedroom Luxury Apartments in 2014. Each unit was sold for N8,800,000 at off-plan. •Live image of the 3 Bedroom Luxury Apartments in 2016. A unit now sells for approximately N15,300,000.
PROMO OFFER AFTER PROMO
PAYMENT PLAN PRICE PER SQM INITIAL DEPOSIT
Outright N850,000 100%
3 months N862,500 60%
6 months N875,000 50%
9 months N887,500 45%
12 months N900,000 40%
15 months N912,500 35%
18 months N925,000 30%
21 months N937,500 25%
24 months N950,000 20%
PAYMENT PLAN PRICE PER SQM INITIAL DEPOSIT
Outright N1,000,000 100%
3 months N1,200,000 20%
RECREATION
Children play ground
Greenery
OTHER INFORMATION Each store owner will have adequate car park Legal fee – 5% of total cost of store Insurance - 1% Developmental fee - N2,750,000 (subject to review) Construction commences – 1st quarter 2017 Delivery of project – 2 years
Ground floor First Floor Second floor Third floor ROOF floor (POOL OPTION) Total floor size = 1203.76m² Total floor size = 1270.05m² Total floor size = 1309.47m² Total floor size = 1407.91m² Total floor size = 1407.91m²
SPACE SIZE
Gift Shop 17.95m²
Candy Shop 10m²
Coffee Shop 8.89m²
Electronic Shop 45.8m²
Cosmetics 22.67m²
Services Room 13.34m²
ATM Boot 8.33m²
Boutique 37.41m²
Male Toilet 13.8m²
Outdoor Seating Area 124.946m²
Fashion shop /Boutique
37.41m²
Coffee Shop 10m²
Candy Shop 9.55m²
Pharmacy 22.62
Pastry Shop 25.58m²
Grocery Store 90.659m²
Fashion shop /Boutique
37.41m²
Children Boutique 27m²
Female Toilet 20.7m²
Circulation lobby 351.64m²
SPACE SIZE
Shop 1 21.24m²
Shop 2 20m²
Food Court 3 26.09m²
Food Court 4 24.4m²
Food Court 5 19m²
Book shop 19m²
Phone accessories 22.8m²
Pharmacy 25.31m²
Services 16.01m²
Network Service Center 30.96m²
Outdoor Seating Area 82.615m²
Female Toilet 20.7m²
Network Service Centre
29.34m²
Network Service Centre
25.21m²
Laundry Centre 24.18m²
Laundry Centre 28.25
Super market 131.5m²
ATM Boot 8.31m²
Fashion House 25.8m²
Media Shop 30.78m²
Electronic Shop 37.72m²
Circulation lobby 382.03m²
Male Toilet 13.8m²
SPACE SIZE
Office Space 47.04m²
Office Space 44.42m²
Office Space 33.42m²
Office Space 23.34m²
Office Space 23m²
Office Space 25.53m²
Services 17.79m²
Banking Office Space 71.42m²
Banking Office Space 71.77m²
Gym 47.04m²
Circulations lobby 287.74m²
Gym 60m²
Indoor Games Space 100m²
Sport Shop 19.98m²
Office Space 24.13m²
Office Space 20.34m²
Office Space 29.04m²
Office Space 26.67m²
Office Space 26.06m²
Office Space 100m²
Office Space 26.05m²
Male Toilet 16.8m²
Female Toilet 25m²
SPACE SIZE
Outdoor Lounge 82.89m²
Bar/Lounge 65.02m²
Store 6.96m²
Kitchen 20.29m²
Restaurant 87.3m²
Reception/Waiting Area 86.47m²
Female Toilet 14.04m²
Male Toilet 15.77m²
General Office 29.44m²
Facility Manager 22.11m²
Room 15.74m²
Room 14.77m²
Room 21.55m²
Outdoor Lounge 24.94m²
Store 7.39m²
Office 19.77m²
Office 20.8m²
Male Toilet 16.86m²
Male Toilet 25m²
Store 6.55m²
Event Centre 220.46m²
Lobby 74.43m²
Lobby 38.69m²
Room 17.29m²
Room 17.29m²
Room 17.17m²
Room 18.22m²
Lobby 61.65m²
SPACE SIZE
Female Toilet 14m²
Male Toilet 19.01m²
Pool Changing Room 19.2m²
Pool Changing Room 17.78m²
Swimming Pool 131.25m²
Entrance Lobby 50.56m²
Lobby 20.7m²
Pool Machine Room 6.03m²
www.propertymartltd.com
Head office: 1A,Dipo Awolesi Street, off Adekunle Banjo Avenue, Magodo GRA,
Phase 2, Shangisha, Lagos