
BO Properties has unveiled Challenge Estellar, a state-of-the-art residential improvement that guarantees to reshape the panorama of actual property in Nigeria.
The handover ceremony happened on Saturday, January 25, 2025, the place traders gathered to have fun their funding within the bold 20-year lengthy lease challenge.
The newly accomplished two-storey advanced options studio and one-bedroom residences geared up with premium finishes, together with screeded partitions, full tiling, POP ceilings, and trendy glass accents.
A key spotlight of the event is its sustainability focus, with photo voltaic power powering the property, guaranteeing an uninterrupted electrical energy provide for residents.
Strategically positioned close to distinguished establishments such because the College of Lagos (UNILAG) and Yaba School of Know-how (YABATECH) in addition to main roadways just like the Third Mainland Bridge and Airport Street, Challenge Estellar presents sturdy alternatives for brief lets and hostel lodging, making it a sexy possibility for traders in search of excessive returns.
One investor mentioned on the ceremony: “I keep in mind being reluctant to purchase into this challenge, however BO Properties has surpassed my expectations.”
BO Properties CEO Ifedayo Okungbowa, mirrored on the hurdles encountered all through the development course of, reaffirming the corporate’s dedication to excellence.
He acknowledged: “January 2024 marked the groundbreaking for Challenge Estellar. Regardless of the challenges confronted by the development trade final 12 months, together with hovering materials prices, we stood agency in upholding our core ESTATE values: Excellence, Sustainability, Transparency, Accountability, Teamwork, and Excellence in service.”
Past enhancing the true property market, Challenge Estellar has made important contributions to the native economic system, producing over 70 jobs for engineers, builders, painters, and numerous different professionals related to the trade.
With Challenge Estellar now utterly offered out, BO Properties is ready to launch new funding ventures, together with Estellar Prime in Akoka, which can characteristic absolutely automated luxurious residences geared up with good TVs, entry playing cards, Alexa automation and full furnishings.
Moreover, Challenge Rio in Ikeja, a contemporary luxurious residence improvement close to Sheraton Lodge, Ikeja GRA, Worldwide Airport, and Ikeja Metropolis Mall, will likely be obtainable for outright buy.