Prime Terraces Festac 6th Avenue —Boutique 4‑Bed Luxury Terraces + BQ | C of O.
Prime Terraces Festac represents an extraordinary opportunity to own one of just four exclusive luxury terraces in Lagos' most organized federal estate. This boutique development by Landandcribs on prestigious 6th Avenue combines contemporary architectural excellence with Festac Town's proven strategic location, offering discerning buyers a rare blend of privacy, luxury, and investment potential.
Located in the heart of 6th Avenue Festac Town, this ultra-exclusive cluster of four luxury terraces redefines modern living with thoughtfully designed 4-bedroom homes spanning three levels. Each residence features ensuite bedrooms, premium finishes, private parking, and seamless indoor-outdoor living spaces. With Certificate of Occupancy, full building approval, and flexible payment plans starting from just ₦22M deposit, Prime Terraces Festac 6th Avenue delivers unmatched value in Lagos' rapidly transforming residential market.
Compared to other terraces development like Capital Terraces Eleko, Pantheon Bridge Smart Terraces, THE GREYSTONE RESIDENCE
ONLY 4 UNITS AVAILABLE | C of O Secured | Flexible 3-10 Month Payment Plans | Initial Deposit: ₦22M.
Request Live Price Sheet & Availability
Key Facts — Prime Terraces Festac 6th Avenue (verified Dec 2025)
| Feature | Details |
|---|---|
| Property Name | Prime Terraces |
| Developer | Landandcribs |
| Location | 6th Avenue, Festac Town, Lagos |
| Development Type | Exclusive Low-Density Luxury Terraces |
| Total Units | 4 Luxury Terraces Only |
| Configuration | 4 Bedrooms (All Ensuite) |
| Floors | 3 Levels per Unit |
| Price Range | ₦220M - ₦240M |
| Initial Deposit | ₦22,000,000 |
| Payment Plans | 3, 6, or 10 Months |
| Title | Certificate of Occupancy (C of O) |
| Building Approval | Fully Approved |
| Parking | Private Dedicated Spaces |
| Target Market | Families, Professionals, Investors |
| Rental Yield | 8-12% Annual ROI |
| Completion Status | Ready for Immediate Occupancy |
Prime Position of Prime Terraces Festac 6th Avenue - The Heart of Festac Town
Strategic Festac Location in Lagos' Planned Federal Estate
Prime Terraces Festac occupies one of the most coveted addresses on 6th Avenue, positioning residents at the center of Festac Town's ongoing transformation. This historic federal housing estate, established for the 1977 Festival of Arts and Culture, remains one of Lagos' most organized and structured residential districts, now experiencing a renaissance that's attracting savvy investors and modern families.
Why 6th Avenue is Festac's Premier Address
Infrastructure Renaissance:
- Newly expanded roads enhancing accessibility
- Emerging gated communities raising property values
- Reliable utilities including power and water infrastructure
- Organized street layout with numbered avenues and roads
Strategic Connectivity:
- 5 Minutes: Festival Mall and Festac Shoprite
- 7 Minutes: Trade Fair Complex
- 10 Minutes: Apple Junction
- 15 Minutes: Lagos-Badagry Expressway
- 20 Minutes: National Theatre
- 30 Minutes: Victoria Island via Eko Bridge
- 35 Minutes: Lekki via Ikoyi Link Bridge
Neighborhood Amenities:
- Religious Centers: Catholic Church of Nativity, Anglican Church of Ascension
- Shopping: Leadmart Supermarket, Festival Mall, Local Markets
- Education: Early Life Boarding School, Multiple Primary/Secondary Schools
- Healthcare: Health Centers, Pharmacies, Medical Clinics
- Banking: All Major Banks Within 10 Minutes
- Recreation: Parks, Sports Centers, Community Facilities
The strategic positioning of prime terraces festac 6th Avenue ensures residents enjoy both the tranquility of a low-density development and the convenience of urban amenities, making it perfect for families seeking quality living without compromising accessibility.
Pricing & Payment — Prime Terraces prices Festac (as at Dec 2025).
| Plan Option | Total Price (₦) | Initial Deposit (₦) | Balance Timeline | Notes |
|---|---|---|---|---|
| Outright Purchase | 220,000,000 | - | - | Best value; no hidden charges |
| 3‑Month Plan | 225,000,000 | 22,000,000 | Months 2–3 | Fast completion; minimal uplift |
| 6‑Month Plan | 230,000,000 | 22,000,000 | Months 2–6 | Balanced cashflow |
| 10‑Month Plan | 240,000,000 | 22,000,000 | Months 2–10 | Longest tenor; highest total |
Prices are stack/row dependent and subject to change; early buyers are protected from increments. Always request the Prime Terraces prices Festac live sheet for current availability and closing dates.
Schedule a Private Viewing — Festac
Modern Terrace Homes Designed for Contemporary Living
Exclusive Collection of Four Luxury Terraces
Prime Terraces Festac by Landandcribs showcases architectural excellence through its thoughtfully designed terraces that maximize space, natural light, and modern comfort across three carefully planned levels. Each of the four units represents the pinnacle of contemporary Nigerian residential design.
Comprehensive Features & Specifications
| Feature Category | Details |
|---|---|
| Bedrooms | 4 Ensuite Bedrooms with Built-in Wardrobes |
| Living Spaces | Expansive Living & Dining Areas |
| Kitchen | Modern Fitted Kitchen with Premium Finishes |
| Family Areas | Dedicated Family Lounge on First Floor |
| Master Suite | Walk-in Wardrobe & Private Terrace |
| Guest Facilities | Ground Floor Guest Lounge & Restroom |
| Parking | Private Dedicated Parking Spaces |
| Outdoor Spaces | Balconies with Cross Ventilation |
| Finishes | POP Ceilings Throughout, Luxury Fittings |
| Utilities | Efficient Water & Drainage Systems |
| Waste Management | Dedicated Refuse Area |
| Security | Gated Community Features |
Floor Plans — Prime Terraces Festac 6th Avenue (snapshot)
- Ground Floor
- Living area dining
- kitchen
- guest restroom
- foyer
- rear exit
- parking area
- First Floor
- Three ensuite bedrooms
- large family lounge
- Second Floor
- Master suite with walk‑in wardrobe
- private terrace
- plus one ensuite bedroom
- Site Layout
Inside Each Prime Terraces Festac Home (4‑Bed + BQ)
- 4 ensuite bedrooms + family lounge
- Spacious living & dining zones (cross‑ventilated)
- Modern fitted kitchen (pantry/utility)
- POP ceilings and high‑grade finishes
- Balcony ventilation and daylighting
- Private parking (dedicated bays)
- Ground‑floor guest lounge + guest WC
- Dedicated refuse area; efficient water and drainage
Investment Potential & Returns
Why Prime Terraces Festac is Your Best Investment in Festac Town
Market Dynamics: Festac Town is experiencing unprecedented renewal, with 6th Avenue at the epicenter of this transformation. Property values have increased 25% over the past 24 months, driven by infrastructure improvements and new developments.
Investment Analysis
| Investment Metric | Value | Details |
|---|---|---|
| Purchase Price | ₦220M - ₦240M | Depending on payment plan |
| Current Market Value | ₦280M - ₦300M | Comparable 4BR terraces in Festac |
| Rental Income (Annual) | ₦18M - ₦25M | 8-12% yield |
| Rental Income (Monthly) | ₦1.5M - ₦2.1M | Premium tenant market |
| Capital Appreciation | 15-20% annually | Based on Festac growth trends |
| 5-Year Value Projection | ₦400M - ₦450M | Conservative estimate |
Rental Market Advantages:
- High demand from expatriates and professionals
- Proximity to business districts
- Limited luxury supply in Festac
- Premium achievable for modern finishes
- Professional property management available
FAQs — Prime Terraces Festac 6th Avenue
Is the title secure?
Yes. Prime Terraces Festac 6th Avenue confirms a C of O and full building approval for all 6th Avenue Festac terraces.
Can I pay in instalments?
Yes. Choose 3, 6, or 10 months after a ₦22m deposit—or buy outright. See Prime Terraces prices Festac above.
How many homes are available?
Prime Terraces Festac 6th Avenue is an exclusive 4‑unit luxury enclave—low‑density and quiet.
Can diaspora buyers purchase remotely?
Yes. We support corporate/bank transfers and digital documentation for overseas buyers.
Is Festac still a strong investment location?
Absolutely. Prime Terraces Festac Town benefits from 6th Avenue’s revival—roads, gated pockets, and strong family rental demand.
Are these terraces suitable for rentals?
Yes. Investors typically target 8–12% rental yield, subject to market and management.
What’s standard in each home?
Fitted kitchen, ensuite rooms, POP ceilings, quality finishes, balcony ventilation, private parking, treated water and drainage, refuse area.
Is the layout family‑friendly?
Yes—three levels with a central family lounge, ensuite bedrooms, and a large master suite with walk‑in closet and private terrace.
Property details:
Property ID: CO-16400
Property Type: TERRACE TRIPLEX
Property Status: House
Bedrooms: 4
Bathrooms: 5
Garage: 2
Area Size: 489.9 m²
Land Size: 1124.698 m²
Additional details:
Deposit: 10%
Features:
- 24 hours Electricity
- All Room Ensuit
- All The Rooms Including Kitchen Comes with Central POP Speaker
- Ample Parking Space
- Balcony
- Boys Quarter
- CCTV Cameras
- Central Water Treatment Plant
- Designated Parking Space
- Dinning Area
- Drainage System
- Dry land
- Electrical Connection
- Fitted Wardropes
- Fully Fitted Kitchen
- Gas Cooker
- Gazebo Area to meet
- Green Area
- Heat Extractor
- High Internet Speed
- Home Automation
- Jacuzzi
- Kitchen and Family Lobby
- Modern Interior Design for The living Room and Kitchen
- Modern Internal and External railings
- Parking Space
- Perimeter Fencing
- Play Area
- PLUG AND PLAY
- POP Ceiling
- Security
- Security doors
- Smart locks
- Solar Power Street Light
- Standard Road
- Street Lights
- Surveillance
- Tile Flooring
- Trees and Landscaping
- Walk in closet
- Wash Hand Basin
- Water Treatment
- Well Landscaped Green Areas
Property address:
Supermarket
Station
Restaurant
Hospital
School
Park
6th Avenue, Festac Town, Lagos, Nigeria
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