Comprehensive Guide to Cable Point Estate, Lekki: Full Details with Price Breakdown

Cable Point Estate, located in Lekki Phase 1, Lagos, Nigeria, is a luxurious, fully serviced residential estate developed by UACN Property Development Company (UPDC). Situated along the prestigious Lekki-Epe Expressway, this gated community is renowned for its modern infrastructure, 24-hour power supply, and high security, making it a prime choice for affluent families, expatriates, and investors. Positioned in one of Lagos’ most upscale neighborhoods, it is approximately 15-20 minutes from Victoria Island during off-peak traffic. This article provides a detailed overview of Cable Point Estate, including its features, amenities, and a complete price breakdown for properties available for sale and rent, based on the latest data as of June 2025.

Overview of Cable Point Estate

Cable Point Estate is a master-planned residential development in the heart of Lekki Phase 1, a well-planned government residential scheme that has transformed from a former slum into one of Lagos’ most luxurious areas. The estate is strategically located near landmarks such as Shoprite Circle Mall, Lekki Conservation Centre (3.3 miles), Nike Art Gallery (5.1 miles), and Mega 1 Shopping Mall. Its proximity to commercial hubs, top schools (e.g., British International School), and recreational spots like Lekki Miami Beach and Elegushi Royal Beach enhances its appeal. The estate is designed to offer a serene, secure, and upscale living experience, competing with elite Lekki estates like Cowrie Creek and Carlton Gate.

Features and Amenities of Cable Point Estate

Cable Point Estate is a fully serviced estate with world-class amenities, ensuring a premium lifestyle. Key features include:

Security: 24/7 armed security with mobile police patrols, high-resolution CCTV surveillance, and strict access control requiring residents to clear visitors.
Power Supply: 24-hour electricity via dedicated transformers and an Independent Power Plant (IPP), with underground cabling for aesthetic appeal. Power is metered and charged on a pay-as-you-go basis (approximately ₦230 per kilowatt).
Water Supply: Centralized water treatment plant providing clean, potable water to all residences.
Infrastructure: High-grade tarred and interlocked roads, underground drainage systems to prevent flooding, and street lighting for safety.
Recreational Facilities: Central swimming pool, gymnasium, lawn tennis courts, football pitch, multipurpose courts, children’s playground, and landscaped gardens for family-friendly activities.
Modern Design: Properties feature contemporary architecture, fully fitted kitchens with high-end appliances (e.g., Bosch), inbuilt Bluetooth speakers, smart switches, POP ceilings, chandeliers, walk-in closets, rainfall showers, and home automation systems.
Service Charge: Approximately ₦800,000 – ₦1,000,000 per annum, covering security, waste management, power, water, and maintenance of common areas.
Proximity: Close to commercial hubs (Shoprite Circle Mall, Mega 1 Shopping Mall), schools, and recreational spots, ensuring convenience.
Accessibility: Multiple access routes via Lekki-Epe Expressway, Admiralty Way, and proximity to Lekki Phase 1’s major roads, ensuring connectivity to Victoria Island, Ikoyi, and other Lagos hubs.

Property Types and Price Breakdown

Cable Point Estate offers a range of luxurious properties, including apartments, semi-detached and fully detached duplexes, terrace duplexes, and townhouses, catering to high-end buyers and renters. Below is a detailed breakdown of properties available for sale and rent, based on verified listings from sources like Nigeria Property Centre, PropertyPro Nigeria, and Private Property Nigeria.

Properties for Sale

3-Bedroom Apartment
- Price: ₦120,000,000 – ₦150,000,000
- Features:
  - 3 en-suite bedrooms with fitted wardrobes
  - Fully fitted kitchen with oven, microwave, and heat extractor
  - Spacious living area, guest toilet, and modern finishes (POP ceilings, inbuilt speakers)
  - 24/7 power, treated water, and CCTV surveillance
  - Access to estate amenities (pool, gym, tennis courts)
  - Parking for 2-3 cars
- Notable Listings:
  - A 3-bedroom ensuite flat at ₦120M in Cable Point Estate, fully serviced with 24-hour power, gym, and pool. Title: Certificate of Occupancy (C of O). Contact: Loozap Nigeria.
- Title: Certificate of Occupancy (C of O)
4-Bedroom Semi-Detached Duplex with BQ
- Price: ₦200,000,000 – ₦250,000,000
- Features:
  - 4 en-suite bedrooms with 1-room boys’ quarters (BQ)
  - Fully fitted kitchen with gas cooker, oven, and heat extractor
  - Spacious living and dining areas, guest toilet, and family lounge
  - Modern finishes (POP ceilings, chandeliers, smart switches)
  - 24/7 power, treated water, and security
  - Swimming pool, gym, tennis courts, and children’s playground access
  - Parking for 4-5 cars
- Notable Listings:
  - A 4-bedroom ensuite semi-detached duplex with BQ at ₦200M in UPDC Cable Point Estate, featuring 24-hour power, pool, and gym. Title: Governor’s Consent. Contact: Extravagant Realtors.
- Title: Governor’s Consent
5-Bedroom Fully Detached Duplex with BQ
- Price: ₦400,000,000 – ₦900,000,000
- Features:
  - 5 en-suite bedrooms with 1-2 room BQ
  - Double-volume living area, private cinema, swimming pool, and gym
  - Fully fitted kitchen with high-end appliances, pantry, and laundry room
  - Smart home features (CCTV, inbuilt speakers, home automation)
  - Spacious compound with parking for 5-8 cars
  - Stamp concrete flooring, rooftop terrace, and modern finishes
- Notable Listings:
  - A 5-bedroom detached house with 2-room BQ on a 600 sqm plot at ₦400M, serviced with 24-hour power, pool, and gym. Title: Governor’s Consent. Contact: Nigeria Property Centre.
  - A tastefully finished 5-bedroom detached duplex with BQ, pool, cinema, and rooftop terrace at ₦900M in Lekki Phase 1. Title: Governor’s Consent. Contact: Apple Properties (08025286152).
- Title: Governor’s Consent
6-Bedroom Fully Detached Duplex with BQ
- Price: ₦1,200,000,000
- Features:
  - 6 en-suite bedrooms with 2-room BQ
  - Expansive living and dining areas, private lounge, and balcony
  - Fully fitted kitchen with high-end appliances and pantry
  - Spa-style master suite with walk-in closet, jacuzzi, and double vanity
  - Private cinema, swimming pool, and landscaped gardens
  - Ample parking for multiple cars and smart home features
- Notable Listings:
  - A brand-new 6-bedroom detached house with 2-room BQ at ₦1.2B in Lekki Phase 1, featuring premium finishes and a serene environment. Title: Governor’s Consent. Contact: CW Real Estate (09062511340).
- Title: Governor’s Consent

Properties for Rent

3-Bedroom Apartment
- Price: ₦3,000,000 – ₦4,000,000 per annum
- Features:
  - 3 en-suite bedrooms with fitted wardrobes
  - Fully fitted kitchen with appliances and water heaters
  - Spacious living area and modern finishes
  - 24/7 power, treated water, and security
  - Access to estate amenities (pool, gym, tennis courts)
  - Additional Fees: Agency (10%), legal (10%), caution (₦500,000), service charge (₦800,000 – ₦1M per annum)
- Notable Listings:
  - A 3-bedroom ensuite flat at ₦3M per annum in Cable Point Estate, fully serviced with 24-hour power and gym. Contact: Loozap Nigeria.
- Total Package: Approximately ₦4.1M – ₦5.4M
4-Bedroom Semi-Detached Duplex with BQ
- Price: ₦7,500,000 – ₦9,000,000 per annum
- Features:
  - 4 en-suite bedrooms with 1-room BQ
  - Fully fitted kitchen with microwave, oven, and heat extractor
  - Large sitting room, spacious bedrooms with balconies, and guest toilet
  - Solid security doors, ample parking, and excellent drainage
  - Swimming pool, lawn tennis court, and gym access
  - Additional Fees: Agency (10%), legal (5%), caution (₦500,000), service charge (₦800,000 – ₦1M)
- Notable Listings:
  - A 4-bedroom semi-detached duplex with BQ at ₦7.5M per annum in Cable Point Estate, featuring top-notch fittings and 24-hour power. Contact: PropertyPro Nigeria.
  - A 4-bedroom maisonette duplex at ₦9M per annum in Lekki Phase 1. Contact: PropertyPro Nigeria.
- Total Package: Approximately ₦9.3M – ₦11.2M
5-Bedroom Fully Detached Duplex with BQ
- Price: ₦8,000,000 – ₦15,000,000 per annum
- Features:
  - 5 en-suite bedrooms with 2-room BQ
  - Fully fitted kitchen with pantry and high-end appliances
  - Large sitting room, guest toilet, and spacious bedrooms with balconies
  - Swimming pool, gym, cinema, and rooftop terrace
  - CCTV surveillance, inbuilt speakers, and ample parking for 5 cars
  - Additional Fees: Agency (10%), legal (5%), caution (₦1M), service charge (₦800,000 – ₦1M)
- Notable Listings:
  - A 5-bedroom fully detached duplex with 2-room BQ at ₦8M per annum, featuring top-notch fittings and estate amenities. Contact: PropertyPro Nigeria.
  - A luxury 5-bedroom detached duplex with BQ at ₦15M per annum in Lekki Phase 1. Contact: PropertyPro Nigeria.
- Total Package: Approximately ₦10M – ₦18.3M

Price Summary for Cable Point Estate

The price range for properties in Cable Point Estate reflects its status as a premium estate in Lekki Phase 1. Below is a summarized breakdown:

For Sale:
- 3-Bedroom Apartment: ₦120M – ₦150M
- 4-Bedroom Semi-Detached Duplex: ₦200M – ₦250M
- 5-Bedroom Fully Detached Duplex: ₦400M – ₦900M
- 6-Bedroom Fully Detached Duplex: ₦1.2B
For Rent:
- 3-Bedroom Apartment: ₦3M – ₦4M per annum
- 4-Bedroom Semi-Detached Duplex: ₦7.5M – ₦9M per annum
- 5-Bedroom Fully Detached Duplex: ₦8M – ₦15M per annum
Average Price:
- Sale: ₦250,000,000 (houses in Cable Point Estate, range: ₦120M – ₦1.2B).
- Rent: ₦4,000,000 per annum (Lekki average, with Cable Point typically higher at ₦3M – ₦15M).
Most Expensive Property: ₦1,200,000,000 (6-bedroom detached duplex).
Cheapest Property: ₦120,000,000 (3-bedroom apartment).

Why Invest in Cable Point Estate?

Cable Point Estate offers compelling reasons for investment, including:

Prime Location: Situated in Lekki Phase 1, near Shoprite Circle Mall and major business hubs, with excellent connectivity to Victoria Island and Ikoyi via Lekki-Epe Expressway.
High ROI: Properties yield 20-30% annual returns through rentals or resale, driven by demand from expatriates and high-income families.
Fully Serviced: 24/7 power, treated water, underground cabling, and drainage eliminate common Lekki challenges like flooding.
Luxury Amenities: Swimming pool, tennis courts, gym, and smart home features (Bluetooth speakers, automation) cater to upscale lifestyles.
Security: 24/7 armed security, CCTV, and gated access ensure safety.
Value Appreciation: Significant price growth, with properties appreciating due to Lekki Phase 1’s status as a luxury hub.
Proximity to Amenities: Close to commercial centers, schools, and recreational spots, enhancing convenience.

Considerations for Buyers and Renters

Title Verification: Properties typically have Governor’s Consent or Certificate of Occupancy (C of O). Verify titles through reputable agents or legal professionals to avoid fraud, given concerns about real estate scams in Nigeria.
Inspection: Contact verified agents like Vallecano Ventures (Nigeria Property Centre), Extravagant Realtors (08036181613), or CW Real Estate (09062511340) for viewings.
Service Charges: Budget for annual service charges of ₦800,000 – ₦1M for power, water, security, and maintenance.
Payment Plans: Some properties offer flexible payment plans (e.g., 20-50% initial deposit, balance over 6-12 months).
Market Trends: Property prices in Lekki Phase 1 are rising, with an average of ₦250M for houses, reflecting high demand in this elite estate.

Conclusion

Cable Point Estate, located in Lekki Phase 1, is a premier residential destination offering luxury, security, and significant investment potential. With properties ranging from ₦120M for 3-bedroom apartments to ₦1.2B for 6-bedroom detached duplexes, and rentals from ₦3M to ₦15M per annum, the estate caters to high-end buyers and renters. Its fully serviced infrastructure, strategic location, and modern amenities, including 24/7 power, swimming pools, and tennis courts, make it an ideal choice for affluent homeowners and investors seeking high returns in Lagos’ competitive real estate market. For the latest listings or to arrange inspections, contact trusted real estate agents or subscribe to alerts on platforms like Nigeria Property Centre, PropertyPro Nigeria, or Private Property Nigeria.

Comprehensive Guide to Cable Point Estate Lekki: Full Details