Real estate partnering experts, WAVL Properties Limited and Adloyalty Business Network today held a groundbreaking event for a new real estate development project called The Plush, located at Magodo GRA Phase one, Isheri, off Berger, Lagos.

Located in Magodo GRA Phase one, an affluent neighborhood with stealth security, steady electricity, good schools, specialist health facilities, high-quality schools, social amenities and with great accessibility to Lagos-Ibadan expressway, the Muritala Mohammed International Airport, the 3rd Mainland Bridge and Ikeja Central Business District; investments in The Plush is projected to appreciate at well over 75% per annum.

With an average price of land in Magodo at 45 – 50million naira per plot The Plush presently offered at N50, 000 per sqm (limited offer) is making it easy for smart investors to own prime real estate investments without breaking the bank. Subscriptions for 300, 450 and 600 sqm serviced plots of land are now available for immediate purchase.

“Today, we are breaking ground for the launch of our newest project The Plush Magodo GRA which promises to be the true definition of quality living with the very best of all modern amenities. At WAVL Properties, we specialize in developing affordable residential homes that provide a serene environment for its occupants’’. Said Olawale Bello, Managing Director, WAVL Properties.

The development partners have come together to deliver a modern housing estate that will raise the bar and become a reference point for other real estate developments in Nigeria.  The Plush will accommodate units spanning across different types of houses such as bungalows, blocks of flats and detached duplexes. The project will also incorporate amenities like perimeter fencing, gate house, interlocked roads, green areas, CCTV surveillance, electricity, street light, water supply and covered drainage system.

Says Freeman Osonuga, Managing Director, Adloyalty Business Network ‘We are delighted to be able to make our plans a reality today.  In collaboration with, WAVL Properties Limited our aim is to make home ownership easy and affordable to all, while also .creating enduring values and a modern living experience to our clients’.

Adloyalty Business Network is Nigeria’s first and biggest independent real estate network marketing platform and the official Sales Partner for The Plush estate scheme. WAVL Properties Limited is the developer for this project and they also have a number of affordable estates in other areas including Ibeju-Lekki, Magboro, Shimawa, and Ikorodu.

By Ijeoma Nwachukwu