UPDC offers home buyers, investors exciting value proposition at The Pinnacle

For home buyers and yield hungry investors, AUC Property Development Company’s (UPDC’s) The Pinnacle is the next destination where the company, Nigeria’s torch-bearer in real estate development, is offering unrivalled value proposition to home buyers and investors.

The Pinnacle is a 27-unit high luxury residential development sitting on 4,996 square meters of land on 1, River Potoka Close, off Madeira Street in the prime area of Maitama, Abuja.  It comprises four units of 4-bedroom apartments;  20 units of 3-bedroom apartments; two units of 4-bedroom maisonnettes;  one unit of 1-bedroom apartment, all finished to very high quality standards.

The Pinnacle is a new addition to UPDC’s network of residential and commercial developments in the Federal Capital City, Abuja, having done many others including  the Metro City, Apo; Salatu Royal Estate, Wuse 2; Audit House, CBD, etc.

“With its presence in an area with the most profitable value per square metre of land in Nigeria, The Pinnacle provides a harmonious habitation lifestyle balance with just two minutes drive to the popular Maitama fruit market and commercial hub with notable banks just around the corner; all these are done without losing its most important quality of being placed in a secure and well developed area”, Titilayo Gbadamosi, UPDC’s Marketing and Sales Manager, said during a tour of the facility recently.

Gbadamosi disclosed that over 50 percent of the apartments had been sold out “and this is because the units are affordable luxury flats that give you value for money. The level of comfort that we offer gives us an edge over all competition. So, people get better rent from UPDC estates and there is also good capital appreciation on our projects”.

Continuing, she said, “there is one of our projects in Apo here in Abuja; we sold it about four years ago and in those four years, capital appreciation on the project for some people is more than 30 per cent. So, you get good capital appreciation and good rent because our estates are very well maintained”.

According to her, The Pinnacle’s balanced central location in Maitama ensures that residents get to the important places sought by high net-worth individuals in no time, pointing out that it takes just five  minutes’ drive from the estate to Transcorp Hilton Abuja and six minutes to Aso Drive which is close to the Presidential Villa and the Three Arm Zone where all Nigeria’s federal executive, legislative and judicial activities take place.

For the comfort and convenience of the residents, recreational facilities have been provided and these include a fully fitted kitchen, stylishly designed gym, pool and pool bar. Electricity for the estate will be generated from Abuja Electricity Distribution Company through a safe, compact, complete transformer, RMU and MD meter unit. There will also be two Caterpillar brand generators with 650 and 410 KVA capacities to ensure 24 hours power supply all year round. Also provided are two boreholes with sustainable water treatment facilities to support direct water supply from public mains.

“The level of work done so far on this project is quite impressive”, Gbadamosi noted, assuring that they were working  towards completing the project by September this year “because all the finishing materials are ready and, between now and the end of September, we hope to have completed the job”.