7 pictures
Switchback Lane, Cantonments, Greater Accra, Ghana
Project Summary
Deluxe
--
residential
54 units
Completed
DATE ADDED
June 2020
COMPLETION DATE
June 2022
Park Apartments is a 7-floor residential development by Mobus Property Development Limited, located on Switchback Lane, in the highbrow residential Cantonments area of Accra city. The Cantonments area is home to expatriates working in foreign missions including the Russian, American, Chinese, Mexican and Bulgarian embassies.
The real estate activity in the area extends to some high street retail and major office developments such as: Zollikon Heights, Henriettas Residences, The Embassy Gardens, and the Cantonment City project (a project that includes large multi-storey mixed-use developments sponsored by Goldkey Properties and anchored by corporates such as Huawei, PwC and Ernst and Young.
Currently under construction, the project commenced in Q2:2020 and completion is slated for Q4:2021. This project is being developed by Mobus Property Development Limited, who are also the main contractor and Project manager, and have other properties in their portfolio including: Richfield Lifestyle Estate , Capella’s Place, and Knights Court in East Legon, Accra.
Park Apartments will feature 54 units of suites, standard and deluxe 1, 2 & 3 bedroom apartments. Stated below are their respective sale prices in Naira and dollars at an exchange rate of ₦410/dollar:
Suite Apartment - $85,000 (₦34,927,103)
1 bedroom (Standard) - $130,000 (₦53,444,499)
1 bedroom (Deluxe) - $152,000 (₦62,490,176)
2 bedroom (Standard) - $250,000 (₦102,779,895)
2 bedroom (Deluxe) - $250,950 (₦103,170,947)
3 bedroom (Deluxe) - $456,500 (₦187,680,703)
According to the developer, up to 66% of the units have been sold out. Facilities in the development include a gym with a yoga studio, swimming pool, cafe and a rooftop lounge.
Project Team Members
Building Specifications
54
6
Units Breakdown
1 Bedroom
2 Bedroom
3 Bedroom