ITUNU City reflects the perfect lifestyle of residents, and the innovative hub of leading industry drivers, entrepreneurs, tech experts and corporate workers. A residential and commercial city that transcends beyond the ordinary, to complement technology, innovation and lifestyle.
The Itunu City is our biggest development yet; developing a sustainable and balanced city that promotes relaxation, innovation and lifestyle, all in One.
This is a mega-site and service project, balancing the experience of living in an enabling community with the thrill of recreation and lifestyle.
Itunu City is off the heels of the highly successful and now sold out Itunu Residential; by Veritasi Homes.
Incase you bought Itunu Residential or you missed out, here are 20 things to consider before buying into Itunu City.
Itunu City: 20 Facts To know About This Estate
1. Itunu City Developer Veritasi Homes
The developers of Itunu city, Veritasi homes have been in the scene of Lagos Real Estate for more than 4 years!
Apart from their longevity, they have had both ongoing, sold-out residential and commercial projects in Ikate, Abijo GRA, Ibeju Lekki namely, Camberwall Advantage 1,2,3,4 in Ikate, Camberwall Court 1 and 2 in Abijo GRA, Itunu Residential in Ibeju Lekki.
They have established their trust, service delivery, customer service and infrastructural prowess, so this is a major reason to invest in Itunu City.
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2. Itunu City Location
Itunu city is at the other side of the popular and now sold out Itunu Residential in Aieyetoro community in Ibeju Lekki.
This estate is Directly Faces the road and is strategically located in front of the currently constructed 4 lane lekki-epe expressway from Eleko to Epe.
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RELATED: Properties Around Lekki Epe International Airport
3. Itunu City Size
Size Matters! Itunu city ( Commercial and Residential) is a beautiful blend of commercial space and a residential community spanning 100acres.
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4. Itunu city (commercial Section)
One major difference between Itunu City and Itunu Residential is the introduction of the commercial section to this new development.
This is a purposefully laid out community, to provide an ideal environment for commercial enterprises, start-ups and global businesses to thrive.
With unlimited access to technological tools, high-end facilities, and enhanced workspaces to improve productivity; this commercial city provides a premise for value innovation, entrepreneurship and technological advancement.
The commercial areas consist of parks, industries, warehouses and other businesses. Paramount spaces within the city include; A Tech City, Family Entertainment Center, mini-golf course, parks, gardens, lakes, and lots more.
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5. Tech City
Tech contributed about 17% to the Nigerian Economy this year just under Agriculture. With 5 unicorns from Nigeria, thousands of creators and tech professionals earning in dollars; Tech is the New oil.
That is why there is a dedicated tech city in this great estate; allocated for the tech community.
It will feature tech hubs, companies and digital spaces where creative and innovative minds can work and live.
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6. Title of Itunu City
The title of this wonderful estate is the safest title; C of O ( Certificate of Occupancy) There is no encumbrance at all on the land and you can buy with peace of mind.
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7. Knowledge Park
This service centre for knowledge seekers stimulates and encourages life long learning.
It will include knowledge hubs such as a library, an art and exhibition centre and a museum.
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8. Central Business District (CBD)
The CBD is the city’s commercial space for corporate businesses and ventures.
The Central Business District will consist of banks, financial institutions and office spaces.
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RELATED: Lekki International Airport: Effect On Investment
9. Parks and Gardens
Enjoy the outdoor parks and garden’s refreshing, natural and soothing ambience. These green spaces are ideal for rest during work breaks and after work hours.
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10. Water Park and Lakes
These water parks and lakes serve as a source of muse and leisure for people in the area. They also beautify the landscape.
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11. Mini Golf Course
Zone out and enjoy the satisfaction of bonding and networking while golfing with other individuals.
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12. Family Entertainment Center
You can share blissful memories with loved ones at the Family Entertainment Center.
All sort of fun activities like arcades, video games, roller skating and more are available here.
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13. Itunu city (residential)
Situated at Aiyetoro, Ibeju-Lekki axis of Lagos, ITÙNÚ Residential is the ideal community for residents seeking a tranquil and natural environment.
ITÙNÚ Residential will feature alongside the commercial axis in Itunu City.
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14. Affordable Pricing in Itunu City
Compared with Isimi Lagos and Mixta Africa’s Lakowe Lakes Golf and lakes and resort estate with similar vision; Itunu City is the most affordable with the least interest charged on payment plans.
Commercial
1000sqm Outright- NGN65,000,000
| Payment Plan | Initial Deposit | Price (₦) |
|---|---|---|
| Outright (3months) | N10,000,000.00 | N65,000,000.00 |
| 6 Months | N10,000,000.00 | N65,000,000.00 |
| 12 Months | N10,000,000.00 | N65,000,000.00 |
Residential
500sqm Outright-NGN20,000,000
| Payment Plan | Initial Deposit | Price (₦) |
|---|---|---|
| Outright (3months) | N5,000,000.00 | N20,000,000.00 |
| 6 Months | N5,000,000.00 | N20,500,000.00 |
| 12 Months | N5,000,000.00 | 21,000,000.00 |
Residential
300sqm Outright-NGN20,000,000
| Payment Plan | Initial Deposit | Price (₦) |
|---|---|---|
| Outright (3months) | N5,000,000.00 | N20,000,000.00 |
| 6 Months | N5,000,000.00 | N20,500,000.00 |
| 12 Months | N5,000,000.00 | 21,000,000.00 |
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15. Payment Plan in Itunu City
Itunu City only adds NGN500,000 naira every 6 months as interest charged. Most developers go as high as NGN2,000,000 to NGN5,000,000 for interest on payment plans.
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16. Return on Investment in Itunu City
This is what your return on investment would look like in the next few months depending on what part of the price regime you come invest in.
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ALSO READ: TIWA GARDEN CITY: 5 REASONS YOU SHOULD BUY TIWA GARDEN CITY
17. Infrastructural Development in Itunu City
This purposefully sturctured residential and commercial city provides value to the environs of Ibeju-Lekki, an area still undergoing development.
The project incorporates highly functional and well-managed infrastructures as accommodated in the estate’s layout.
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18. Estate’s Layout
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19. Some Features of the Estate
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20. No Extra/Hidden Charges
The Price for this property is all inclusive with no extra charges for documentation or development.
Residential Plots: 300 sqm – NGN12million 500 sqm – NGN20million
Commercial Plots: 1000 sqm – NGN65million (NGN65,000/sqm)
Ready to invest in this property? Click the link below for the form
For more information and inspection contact: BayhanHomes @ www.bayhanhomes.com. or Call/WhatsApp: +2348138623765
