February 9, 2025
Real Estate and Environment

BO Properties Unveils Project Estellar: A Milestone in Sustainable and Smart Living

BO Properties has officially handed over Project Estellar, a groundbreaking two-story building featuring units of studio and one-bedroom apartments, located in Ilaje Akoka. The event, held on Saturday, 25th January 2025, gathered a vibrant community of investors who proudly celebrated their decision to secure a stake in this impressive 20-year long lease.

The property is a masterpiece, boasting high-quality finishes, screeded walls, full tiling, POP ceilings, and striking glass accents that elevate its aesthetic appeal.

BO Properties ensured a green architecture using solar energy to power the apartments 24/7. With top-notch facility management and security, Project Estellar sets a benchmark for modern living. Conveniently situated near strategic landmarks such as the University of Lagos (UNILAG), Yaba College of Technology (YABATECH), Third Mainland Bridge, and Airport Road, the property presents a lucrative opportunity for shortlet and hostel accommodations.

Investors can expect returns of up to ₦700,000 per month, showcasing the property’s strong ROI potential. One of the investors, speaking during the handover, shared their excitement: “I remember being reluctant to buy into this project, but BO Properties has surpassed my expectations.”

The CEO of BO Properties, Ifedayo Okungbowa, addressed the audience during the ceremony, reflecting on the journey: “January 2024 marked the groundbreaking for Project Estellar. Despite the challenges faced by the construction industry last year, including soaring material costs, we stood firm in upholding our core ESTATE values: Excellence, Sustainability, Transparency, Accountability, Teamwork, and Excellence in service.” Project Estellar has also had a significant economic impact, creating over 70 jobs for engineers, builders, painters, and other professionals.

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