Frequently Asked Questions.
· Brief Description of Property?
5 Serviced Units of 3 Bedrooms en-suite with Main and Family Lounges, Semi-Fitted Kitchens and a Service Quarter.
· What's the Price?
N50m per Duplex.
. Where is the property located?
Plot 4954, Cadastral Zone C06, Mbora Abuja; 20-25mins drive from Abuja City Centre (Maitama, Wuse, Garki)
· How Secured is the property?
Property is located behind CITEC Estate and surrounded by already occupied homes.
· What is the Electricity Make-Up?
18 Hours a day Guaranteed. The property is equipped with a 200kVA 33KV/415 Dedicated Transformer and 150kVA Diesel Generator. Generator "rest-period" is between the hours 10am-1pm and 3pm-6pm daily.
· How is the usage of each unit isolated from the others?
Each unit has 2 independent feeds from Transformer and Diesel Generator controlled by a dedicated switch gear. These feeds also have meters that measure usage of each power source independently. This also helps in managing defaulters of applicable charges effectively.
· What is the facilities management profile?
Property is Managed by KAP Homes, Property Management subsidiary of K.A. Primewater Enterprises Ltd, and would be responsible and accountable to owners on Tenant and Infrastructure Management.
· What other fees or charges are applicable?
Service Charge- N50,000 Per Month (N600,000 per Annum), payable minimum of 6 Months in Advance. This covers:
- General Janitorial Services for Common Areas
- External and Common Area General Maintenance- Electricity, Water and General Civil Works
- Diesel Generator Maintenance
- Gardening
- Waste Disposal
- Sewage Disposal
- Grid Electricity Bill for Common Areas.
Diesel Deposit- N100,000 Per Month (N1.2m per Annum); payable minimum of 6 Months in Advance. This is estimated based on:
Generator Capacity- 150 kVA
Consumption per Hour- 15 Litres
Cost of Diesel/Litre- 250 Naira
Average Generator Runtime/day- 4.5 Hours
Yearly Cost of Diesel- 6,075,000.00 Naira
Yearly Cost of Diesel/Unit- 1,215,000.00 Naira
These estimates are based on economic and prevailing factors and may change in line with the direction of these indices.
Insurance- Fire and Special Perils Insurance Policy is undertaken by the developer for first year. However, each Unit pay the relevant portion on the insurance for subsequent years on an ongoing basis. This is estimated at N100,000.00 Annually.
· What other Energy source can be introduced by New Owner/Occupant?
Battery Inverters are allowed at the discretion of new owner/occupant, however installation needs to be in line with provisions made and guided by KAP Homes Engineers. Other Energy Sources like independent Diesel or Petrol Generators are prohibited within the premises.