Other documents include; Contract Of Sale, Letter of Allocation, and Form 1C.
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.
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.
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 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.
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.
Founder of Agusto & Co. & Riverwood Investor
Co-founder / CEO Viathan Engineering Ltd & Riverwood Investor
Riverwood Estate
Lakowe, Ibeju Lekki
Lagos, Nigeria
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.
Get started on your Riverwood investment journey by completing the short form below, a member of our team will be in touch with you.
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.
It’s located at Kilometre 35 Lakowe, Ibeju Lekki, Lagos, behind Beachwood and Avida Estate.
Tersus Limited, a frontline engineering company located in Lagos Nigeria. This project is being marketed by Rhics Technology.
The facilities will be managed by HGR Luxury, with the aim to maintain the pristine condition of the estate in line with international standards.
All subscribers will obtain a deed of assignment from the certificate of occupancy covering the land.
A starter pack comprising of receipt, sales invoice reflecting balance on owed on installment payment, acknowledgment letter and sales agreement
A Letter of Allocation, the Survey of the Land and the Deed of Assignment (not registered)
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.
No, the balance must be paid according to the agreed installment plan.
At Riverwood, we have different plot sizes ranging from 300sq – 500sq. Please refer to our plot layout and select a plot
Plots start from =N= 9,000,000 for 300sq/m. Please refer to our price list on plots for each plot
All subscribers have the privilege of picking the plots of their choice.
Yes, it is
Paved roads, walkways, perimeter fences, underground drainage, underground water piping, underground service ducts, gated security house, streetlights, green areas
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.
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.
A subscriber can buy side by side plots to increase their plot size
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.
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.
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.
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.