Sujimoto signs rental deal on The Leonardo, pledges 400 per cent ROI

14 Sep 2020, 01:22 by Editor

The promoters of a new development known as The Leonardo have signed a rental agreement with top multinationals and blue-chip companies that will rent the apartments after completion.

Located at Bourdillon Road and Eko Atlantic, Leonardo is being built by Sujimoto. Under the scheme, the three bedrooms sell between $2million to $4.5 million, which is touted as the most costly apartment.

The Leonardo is offering investors who buy into Leonardo a return of 400 per cent in two years. According to the company, the two bedrooms will guarantee $50,000 Rental Return on Investment (ROI) per annum; three bedrooms will give $70,000, while the four bedrooms is guaranteed to give $100,000 per annum.

“What we have designed is three times better and two times cheaper. By the time we launch in October, the three bedroom you are buying today for $650,000.00 will be sold at $1 million and $3.5 million upon completion, which gives you over 400 per cent ROI in two years,” said Sijibomi Ogundele, Chief Executive Officer (CEO) Sujimoto.

Speaking further, he said The Leonardo would be the first option for high Networth Individuals (HNIs) and expatriates looking for luxury, security and comfort.

“When you own a Leonardo, you can either live in it whenever you are in Lagos or we can help you put it on our Sujimoto Residences, an AirBNB styled luxury short-let service that guarantees N30million – N120million per annum at 70per cent occupancy.

“For an initial deposit of $150,000 (30 per cent), you can become a proud owner of the Leonardo – a waterfront high-rise building that features premium fittings and facilities, award winning Zaha Hadid bathrooms.

Other amenities include, Techno Gym, full home automation, prestigious Kohler Kitchen, IMAX Cinema, incredible personalized hair salon, dedicated restaurants strictly for the residents, five star interactive lobby, crèche, tennis court, squash courts, the first private luxury boat club in Africa and a top choice mini-mart,” he concluded.