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AFFORDABLE LAND PRICES

Our land prices start at N9m, 30% cheaper than nearby estates.
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GOOD LOCATION

Lakowe, Ibeju Lekki

Off Lekki/Epe Express Way

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20 PLOTS OF LAND

A total of 20 Plots, with 17 available for sale starting at N9 million for 300sqm.
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RETURN ON INVESTMENT

Get a 25% appreciation in land value by the end of 2021.
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CERTIFICATE OF OCCUPANCY

Get a C of O issued by the Lagos State Government.
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MORE REASONS TO INVEST

Download our brochure to get all the investor information you need.

WELCOME TO RIVERWOOD

Riverwood gated community is located at Lakowe Ibeju Lekki. An undeveloped land, which is currently being developed by Tersus with plots of land on sale to our customers.  

Riverwood Estate is conceived as an eco-friendly and environmentally sustainable gated community offering exceptional facilities and services to foster qualitative living, better health, improved communal relationships, and social engagement via the most affordable and cost-effective means. 

WHY INVEST IN RIVERWOOD?

Infrastructure

Paved Roads

At Riverwood Estate, the roads are built to international standards. Our best practice technique involves building the road structure from the subgrade to the finished paved levels, with the highest quality materials.

We pay detailed attention to every single stone laid to maintain superb aesthetically finished work.

Perimeter Fencing and Walk Ways

At Riverwood Estate, our unique fence design combines a solid structure with beauty. We have a 1-meter ground beam along the perimeter of the estate, which provides a solid footing for the fence against water and wind forces.

Solar Powered Street Lights

Riverwood Estate will be lit up by street lights that are solar-powered  – this is one of Tersus Ltd’s environmentally friendly initiatives.

Underground Drainage Piping

The entire drainage system at Riverwood Estate will be constructed underground with chambers at regular intervals for inspection and maintenance.

It’s not only aesthetically pleasing but also highly hygienic and prevents stagnant water from accumulating in the estate drain.

Landscaping

Landscaping at Riverwood Estate is being undertaken by professionals planting the right type of grass plants and trees in strategic points,  with a state-of-the-art irrigation system to maintain healthy plants and grass growth.

Riverwood Plot Layout

Return on Investment

25% increase in value by October 31st, 2021

Land is an important ASSET ever-increasing in VALUE. It’s the most SOLID SECURITY that human INGENUITY had devised. It’s the basis of all security and only INDESTRUCTIBLE SECURITY.

The land will appreciate in value by 25% before the end of 2021 after completion of infrastructure. Investors who choose to sell after the first year may enjoy up to 40% land appreciation by December 2022.

Mr. Bode Agusto

Founder of Agusto & Co. & Riverwood Investor

Investor Profile

Testimonials from early Riverwood Estate Investors

Mr. Habeeb Alebiosu

Co-founder / CEO Viathan Engineering Ltd & Riverwood Investor

OUR LOCATION

Riverwood Estate

Lakowe, Ibeju Lekki

Lagos, Nigeria

HOW TO FIND US

Riverwood estate is located within Beechwood estate off Lekki Epe expressway.

Driving directions: Drive down to Adiva estate, take the left turning at Adiva estate entrance, then the first right you see, and the drive all the way down.  Along the road, you would find our Tersus monument as a landmark of Riverwood estate.

CONTACT US

+234 806 452 0553

+234 802 292 a7749

info@tersuslimited.com

Invest in Riverwood Estate

Get started on your Riverwood investment journey by completing the short form below, a member of our team will be in touch with you.

 

Got a Question?

We may already have answers…

 

Click here to view our Frequently Asked Questions (FAQ).

    Please select the best day to call you

    When is the best time of the day to call?

    How would you describe your level of interest in Riverwood?

    About the developers

    Tersus Limited (founded in 2013) is an indigenous company that crafts and deploys the most efficient and cost-effective innovative civil and mechanical engineering designs and solutions to our clients’ problems.

    One of our core objectives is to deliver superior infrastructure development and high-quality and cost-efficient products and services to our clients in both the private and public sectors,  without compromising on standards and techniques.

    At Tersus we are also thoroughly invested in continuous research and development to devise practical resolutions to prevailing infrastructure challenges within cities, towns and communities in Nigeria, some of which include transport solutions, infrastructure solutions, flooding solutions and real estate solutions.

    We pay deep attention to detail, and utilize progressive and environmentally-friendly construction methods in alignment with international best practices.

    This why we are known for our innovation, especially as we are powered by a highly experienced, excellence-driven, diverse and enthusiastic work force with brilliant ideas that are constantly being developed into finished products or solutions.

    FREQUENTLY ASKED QUESTIONS

    Where is the Riverwood Gated Community located?

    It’s located at Kilometre 35 Lakowe, Ibeju Lekki, Lagos, behind Beachwood and Avida Estate.

    Who is the operator of the Riverwood Gated Community Estate?

    Tersus Limited, a frontline engineering company located in Lagos Nigeria. This project is being marketed by Rhics Technology.

    Who will manage the facilities?

    The facilities will be managed by HGR Luxury, with the aim to maintain the pristine condition of the estate in line with international standards.

    How will the subscribers obtain title to the Riverwood Gated Community Estate?

    All subscribers will obtain a deed of assignment from the certificate of occupancy covering the land.

    What document will I receive after my initial payment?

    A starter pack comprising of receipt, sales invoice reflecting balance on owed on installment payment, acknowledgment letter and sales agreement

    What do I get after I complete full payment?

    A Letter of Allocation, the Survey of the Land and the Deed of Assignment (not registered)

    What happens if I can’t complete full payment after making a deposit?

    You are entitled to a refund at any time before 75% of the total sum has been paid; after which you will not be entitled to any refund. This refund shall be less 30% of the amount paid. An administrative charge in the sum of =N= 200,000 will also be payable. However, for every month of default there will be a penalty payable.

    Can I pay a deposit and pay the balance any time within the duration of the transaction?

    No, the balance must be paid according to the agreed installment plan.

    What is the land size?

    At Riverwood, we have different plot sizes ranging from 300sq – 500sq. Please refer to our plot layout and select a plot

    What is the price per plot in Riverwood?

    Plots start from =N= 9,000,000 for 300sq/m. Please refer to our price list on plots for each plot

    What other fees are applicable to this transaction apart from the cost of the land?

    • Survey Fees (Subject to review) =N= 150,000 (one hundred and fifty thousand Naira only)
    • Legal Fees =N= 200,000 (two hundred thousand Naira only)
    • Facility fees (TBD)

    Do I have the privilege of choosing my plot while making payment?

    All subscribers have the privilege of picking the plots of their choice.

    Is Riverwood a serviced estate?

    Yes, it is

    What infrastructure will the operator provide?

    Paved roads, walkways, perimeter fences, underground drainage, underground water piping, underground service ducts, gated security house, streetlights, green areas

    Is Riverwood on dry land?

    All plots to be allocated will be void of waterlogs, however, subscribers will be required to fill their plots of land to the road level prior to commencing any desired construction on their plots.

    When am I permitted to commence construction on my plot?

    Upon physical allocation of the plots and when the infrastructure is completed which is scheduled to be 31st of October 2021, every allottee can commence construction on their allocated plots.

    Can I buy a bigger plot than what is on the plot layout?

    A subscriber can buy side by side plots to increase their plot size

    Will there be restrictions to what can be constructed on my plot?

    Every allottee of land is at liberty to construct any structure on the land; Provided such design is approved by Tersus Limited and the applicable Town planning authorities. Riverwood Gated Community is a strictly residential estate.

    Am I expected to pay my development levy for 2 years?

    No development levy is required at Riverwood Gated Community for infrastructure development. A levy will, however, be required for facilities purchased (e.g., generators and water treatment plants) and management of these facilities.

    Are there plans in place for flood prevention?

    Yes, at Tersus, we construct our infrastructure to international standards and make sure our paved road levels are at the required height and our storm drain systems discharge water efficiently.

    Are there building restrictions?

    Riverwood is a strictly residential estate, and all building designs will require approval by the facility manager according to our guidelines, before construction begins. We will also provide prototype designs. Should a client choose to use these designs, they will be made available.