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Odu’a Investment commissions ACE Estate, Ibadan


Odu’a Investment Company Limited

One of the Southwest leading developmental organisations, the Odu’a Investment Company Ltd, has set another record with completion and ready for sale residential accommodation, situated in an idyllic region of the highbrow of Jericho Government Reservation Area (GRA), Ibadan, the Oyo State capital tagged: ‘The ACE Estate.’

The estate, which was conceived out of the innovative thought of the board and management of the company, is on 4,400 square metres of land, hitherto occupied by a derelict building in this elite location, before it was redeveloped from August 30 last year.
The property consists of three luxury units of five-bedroom duplex and four luxury units of four-bedroom duplex, all showcased a high level of contemporary architecture, merged with basic requirements of residential functions.

During the media tour of the property last week, the management team, led by the Principal Assistant on Strategy and Sustain ability, Mr. Babajide Oyebola, revealed the technical details and facilities available in the estate.

The five-bedroom duplex, which occupied a land area of 151.58 square metres, within an allocated 498.96 square metres for recreation and parking spaces, consists of ground and first floors.

The four bedroom duplex is also designed to have a family lounge, family balcony, bedroom1, and bedroom 2, all ensuite, master bedroom, ensuite, including a balcony and a study.

He said other facilities on the estate are 13 KVA, already connected to the grid, swimming pool a gymnasium, a dedicated space for individual generator, which he said may not necessary, in view of the constant power supply in the area.

On the finishing, he said the choice of furniture included high quality vitrifies ties to the living room areas, kitchen and bedrooms, including high quality paint, ceramic ties from floor to ceiling in kitchen and bathroom.

“Others are a well-seasoned solid core flush doors, powered coated aluminum doors, high quality steel security doors, including powered coated Nigalex aluminum windows, quality stoned coated roofing sheet and POP ceilings with comice,” he noted.

One of the unique aspects of the estate is the high security network aside the one already provided on the GRA, which stands it out and also the classic idea of community living it has.

Promising that the company would replicate the project in Lagos and other Southwest states, GMD/CEO, Mr. Adewale Raji, said the estate, was a pointer to the fact that the Investment is making its re-entry into real estate sector. According to him, “This project is the flagship. It’s not only to herald our re-entry into real estate market, but also to correct the impression that we just sit on an inherited properties. Besides, our vision is to replicate this type of project in Lagos and other Southwest states.”

Raji also said ACE Estate was conceived by the consortium of professionals with the best pedigree, both in Nigeria and abroad and it ranks in quality with the ones in Banana Island, Lekki Phase 1, and other prime properties in Lagos, the Federal Capital Territory (FCT), Abuja and Port Harcourt, among others.

On the sustainability of the estate’s facilities, he hinted that facility managers would be employed to ensure that no deterioration would be witnessed, including proper maintenance of the swimming pool and the gymnasium.

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The ACE Estate
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