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Where Exactly Is Ibeju Lekki?


Ibeju-Lekki is where you have the Lekki Free Trade Zone, Lekki Deep Seaport, Dangote Refinery and Petrochemical Industry, Dangote Fertilizer Plant, International (Cargo) Airport, Lekki International Golf Course, Pan Atlantic University, LaCampaigne Tropicanna, Eleganza Industries and so on. That is why it is touted as the ideal investment destination for property investors.

To the potential investor however, the important question is where exactly is Ibeju-Lekki in this regard?

To answer this question, we will explain Ibeju-Lekki under three broad locations with regard to the ongoing key projects there. These include the Free Trade Zone axis; the Elerangbe axis, and the Lekki-Epe Expressway axis (see map).

Free Trade Zone Axis. This is the most commercial of the three locations and stretches from Eleko Beach Road through the Free Trade Zone Road to La Campagne Tropicana Resort and beyond. It hosts the Free Trade Zone, Lekki Deed Seaport, Dangote Refinery and Petrochemical Industry, Dangote Fertilizer Plant and other businesses.

The Lekki Free Zone is designed to be a satellite city to Lagos with dynamic commerce, trade and modern industrial sectors with an eco-city for residents.

The Master Plan covers a total area of about 30 square kilometres with 27 square kilometres for urban construction purposes. This will accommodate a total resident population of 120,000.

The zone is divided into four phases. The first phase, which is under construction will feature the Central Business District, residential areas, industrial parks, logistics and warehouses and will be fully ready in 10 to 12 years' time.

The Elerangbe Axis: This is where you find the cheapest plots of land in Ibeju-Lekki presently, and is mostly a residential location. This axis comprises of places like Okego Village, Tagbati all the way to Arapagi. Elerangbe is off Lekki-Epe Expressway to the left, after Eleko Junction. The key infrastructure expected to open up this location is the proposed 4th Mainland Bridge and the Lekki International Airport.

Lekki-Epe Expressway: Ibeju Lekki on the the Lekki-Epe Expressway axis starts from Abijo up  to Eleko Junction. This stretch of the expressway has a mixture of residential and commercial characteristics. The area already houses business ventures such as Eleganza Industries, Coscharis Motors head office and has a number of built up residential estates. Of the three locations, this is where one can buy, build and live conveniently at present. From Eleko Junction to Ajah is about 15 minutes' drive.

Call/WhatsApp 08034113771/ +2348027390046 for more information on investing in the new Lagos with minimum of N600,000 to N5m Naira per plot of land depending on area and land title.


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Advantages of buying from Real estate companies instead of Omonile

Real Estate developers give you the advantage of paying on installment. Up to  6 months or even more in some cases. You can't try that with Omonile. They take their money outright.

Real estate companies gives you the advantage of buying while you wait. ie you can buy now and develop in ten years in as much as you clear the area regularly
 Real estate companies perfect titles.  Wetin concern Omonile with title. OYO
Land may be cheap when you buy from omo Onile but the trouble you face after full payment of the land is unquantifiable.

 You don't pay developmental levy when you buy from omo Onile, but the type of trouble they cause when you want to start building is not small and as a matter of fact you might even spend double the price you bought the land or loose the land you bought with your hard earned money and sweat.

Honestly I won't advice my enemies to buy from Omo Onile, let alone my friends!
Call me today! 08034113771 (or WhatsApp +2348027390046)

I just felt this should add to our knowledge and equip our Real Estate understanding and asset investments.

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Vacant land gets ignored by most new investors because let's be honest – it just doesn't sound that exciting. Unfortunately, this causes most people to overlook a lot of the advantages that land has over traditional real estate investments (e.g. – houses, apartment buildings, commercial properties, etc.). Unlike most residential and commercial buildings, land costs virtually nothing to own… no utili…