Comprehensive Guide to Victory Park Estate, Lekki: Full Details with Price Breakdown

Victory Park Estate, located in Osapa London, Lekki, Lagos, Nigeria, is a prestigious, gated residential community developed through a joint venture between Grant Properties Limited and four banks: Skye Bank Plc, Sterling Bank Plc, Wema Bank Plc, and Unity Bank Plc. Situated behind Femi Okunnu Estate along the Lekki-Epe Expressway, this high-class estate is known for its serene environment, modern infrastructure, and proximity to key commercial hubs, making it an attractive choice for affluent families, expatriates, and investors. Approximately 12-15 minutes from Victoria Island during off-peak traffic, Victory Park Estate offers a blend of luxury and accessibility. This article provides a detailed overview of the 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 Victory Park Estate

Victory Park Estate is a well-planned, mixed-use development in the Osapa axis of Lekki, near Ikate Elegushi, designed to cater to high-end residential and select commercial needs. Developed by Indigem Homes and Grant Properties, the estate is strategically located near landmarks such as Shoprite Circle Mall, Lekki Conservation Centre (5.2 km), Nike Art Gallery (7.9 km), and Red Door Gallery (12 km). Its proximity to Lekki Phase 1 and major business districts like Victoria Island and Ikoyi, combined with ongoing infrastructural developments such as the Lekki-Epe Expressway expansion, enhances its investment potential. The estate is part of Lekki’s vision as a “Blue-Green Environment City,” expected to accommodate over 3.4 million residents.

Features and Amenities of Victory Park Estate

Victory Park Estate is a fully serviced estate offering a range of modern amenities to ensure a premium living experience. Key features include:

Security: 24/7 armed and unarmed security with mobile police patrols, high-resolution CCTV surveillance, and strict access control requiring residents to clear visitors for entry.
Power Supply: Reliable electricity supply via dedicated transformers, supplemented by individual generators or inverters. Some properties offer 24-hour power through estate management, with pay-as-you-go billing (approximately ₦230 per kilowatt).
Water Supply: Centralized water treatment plant and boreholes 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 and aesthetics.
Recreational Facilities: Central swimming pool, gymnasium, tennis courts, multipurpose courts, children’s playground, and ample green areas for family-friendly activities.
Modern Design: Properties feature contemporary architecture, fully fitted kitchens with high-end appliances (gas cookers, ovens, microwaves, heat extractors), POP ceilings, inbuilt Bluetooth speakers, smart switches, walk-in closets, rainfall showers, and select smart home features.
Landscaping: Well-maintained lawns, tree-lined streets, and green areas, creating a serene and aesthetically pleasing environment.
Service Charge: Approximately ₦800,000 – ₦1,200,000 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), top schools (British International School, Lagos Business School), and recreational spots (Lekki Miami Beach, Elegushi Royal Beach).
Accessibility: Multiple access routes via Lekki-Epe Expressway and proximity to Femi Okunnu Estate, ensuring connectivity to Lekki Phase 1, Victoria Island, and Ikoyi.

Property Types and Price Breakdown

Victory Park Estate offers a variety of luxurious properties, including terrace duplexes, semi-detached and fully detached duplexes, apartments, and land, 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, Private Property Nigeria, and posts on X.

Properties for Sale

3-Bedroom Terrace Duplex with BQ
- Price: ₦100,000,000 – ₦120,000,000
- Features:
  - 3 en-suite bedrooms with 1-room boys’ quarters (BQ)
  - Fully fitted kitchen with gas cooker, oven, microwave, and heat extractor
  - Spacious living area, guest toilet, and modern finishes (POP ceilings, wardrobes)
  - 24/7 security, treated water, and good drainage
  - Parking for 2-3 cars and access to estate amenities (pool, gym, tennis courts)
- Notable Listings:
  - A 3-bedroom terrace duplex with BQ at ₦100M in Victory Park Estate, Osapa London. Title: Certificate of Occupancy (C of O). Contact: PropertyPro Nigeria.
- Title: Certificate of Occupancy (C of O)
4-Bedroom Semi-Detached Duplex with BQ
- Price: ₦150,000,000 – ₦200,000,000
- Features:
  - 4 en-suite bedrooms with 1-room BQ
  - Fully fitted kitchen with pantry, gas cooker, and heat extractor
  - Spacious living and dining areas, family lounge, and guest toilet
  - Modern finishes (POP ceilings, inbuilt speakers, water heaters)
  - Parking for 3-4 cars and access to estate facilities
- Notable Listings:
  - A 4-bedroom semi-detached duplex with BQ at ₦150M in Victory Park Estate, Osapa. Title: Governor’s Consent. Contact: Nigeria Property Centre.
- Title: Governor’s Consent
5-Bedroom Semi-Detached Duplex with BQ
- Price: ₦450,000,000 – ₦620,000,000
- Features:
  - 5 en-suite bedrooms with 1-room BQ
  - Fully fitted kitchen with high-end appliances and pantry
  - Spacious living room, family lounge, and guest toilet
  - Swimming pool, private cinema, and smart home features (CCTV, automated switches)
  - Parking for 5-6 cars and stamp concrete flooring
- Notable Listings:
  - A contemporary 5-bedroom semi-detached smart house with pool and cinema at ₦620M (reduced to ₦500M for distress sale). Title: Governor’s Consent. Contact: @homes_assu1 on X.
- Title: Governor’s Consent
5-Bedroom Fully Detached Duplex with BQ
- Price: ₦125,000,000 – ₦550,000,000
- Features:
  - 5 en-suite bedrooms with 1-2 room BQ
  - Double-volume living area, family lounge, and private cinema
  - Fully fitted kitchen with pantry, gas cooker, oven, and microwave
  - Swimming pool, gym, and smart home features (CCTV, inbuilt speakers)
  - Spacious compound with parking for 8-12 cars
  - Modern finishes (walk-in closets, jacuzzi, chandeliers)
- Notable Listings:
  - A luxury 5-bedroom fully detached duplex with BQ, pool, and cinema at ₦550M, featuring a massive parking space for 12 cars. Title: Governor’s Consent. Contact: Nigeria Property Centre.
  - A brand-new 5-bedroom fully detached duplex with BQ at ₦125M, featuring a well-paved compound and water treatment plant. Title: Governor’s Consent. Contact: Rosemond Hills Limited.
- Title: Governor’s Consent
Land
- Price: ₦45,000,000 – ₦240,000,000 (450-1000 sqm)
- Features:
  - Dry, developable land within a secure, gated estate
  - Suitable for residential or commercial construction
  - High-grade road network, underground drainage, and security
- Notable Listings:
  - 450 sqm plot at ₦45M (distress sale, market value ₦55M). Title: C of O, New Survey, and Deed of Assignment. Contact: MASH Incorporated.
  - 480 sqm plot at ₦240M in Victory Park Estate, Osapa London. Title: Governor’s Consent. Contact: Future Homes Properties.
  - 900 sqm plot at ₦90M (distress sale). Title: C of O. Contact: TPI Homes & Properties.
- Title: Certificate of Occupancy (C of O) or Governor’s Consent

Properties for Rent

4-Bedroom Apartment
- Price: ₦7,000,000 – ₦8,000,000 per annum
- Features:
  - 4 en-suite bedrooms with fitted wardrobes
  - Fully equipped kitchen with dishwasher, oven, and microwave
  - Spacious living areas, balconies, 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 – ₦1.2M per annum)
- Notable Listings:
  - A 4-bedroom apartment at ₦7M per annum in Victory Park Estate, featuring a private pool and tennis court access. Contact: Hotel.com.au.
- Total Package: Approximately ₦9.1M – ₦10.4M
5-Bedroom Fully Detached Duplex with BQ
- Price: ₦14,000,000 – ₦20,000,000 per annum
- Features:
  - 5 en-suite bedrooms with 1-2 room BQ
  - Fully fitted kitchen with pantry and high-end appliances
  - Spacious living room, family lounge, and guest toilet
  - Private swimming pool, cinema, and gym
  - Parking for 5-8 cars, CCTV, and smart home features
  - Additional Fees: Agency (10%), legal (10%), caution (₦1M), service charge (₦1.2M)
- Notable Listings:
  - A contemporary 5-bedroom fully detached duplex with BQ at ₦14M per annum, featuring a fitted kitchen and state-of-the-art POP design. Contact: Nigeria Property Centre.
- Total Package: Approximately ₦17.6M – ₦24.2M

Price Summary for Victory Park Estate

The price range for properties in Victory Park Estate reflects its premium status in Osapa London, Lekki. Below is a summarized breakdown:

For Sale:
- 3-Bedroom Terrace Duplex: ₦100M – ₦120M
- 4-Bedroom Semi-Detached Duplex: ₦150M – ₦200M
- 5-Bedroom Semi-Detached Duplex: ₦450M – ₦620M
- 5-Bedroom Fully Detached Duplex: ₦125M – ₦550M
- Land (450-1000 sqm): ₦45M – ₦240M
For Rent:
- 4-Bedroom Apartment: ₦7M – ₦8M per annum
- 5-Bedroom Fully Detached Duplex: ₦14M – ₦20M per annum
Average Price:
- Sale: ₦220,000,000 (houses in Victory Park Estate, range: ₦60M – ₦1B).
- Rent: ₦4,000,000 per annum (Lekki average, with Victory Park typically higher at ₦7M – ₦20M).
Most Expensive Property: ₦1,000,000,000 (highest recorded for a house in Victory Park Estate).
Cheapest Property: ₦45,000,000 (450 sqm land, distress sale).

Why Invest in Victory Park Estate?

Victory Park Estate offers compelling reasons for investment, including:

Prime Location: Located in Osapa London, near Shoprite Circle Mall and Femi Okunnu Estate, with excellent connectivity to Lekki Phase 1, 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: Reliable power, treated water, and effective drainage systems address common Lekki challenges like flooding.
Luxury Amenities: Swimming pools, tennis courts, gyms, and smart home features cater to upscale lifestyles.
Security: 24/7 armed security, CCTV, and gated access ensure safety.
Value Appreciation: Significant price growth, with land prices rising from ₦45M to ₦240M in recent years due to the estate’s prestige and infrastructural developments.
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 Rosemond Hills Limited (PID: EWMK95684), Future Homes Properties (08033389765), or TPI Homes & Properties (web:12) for viewings.
Service Charges: Budget for annual service charges of ₦800,000 – ₦1.2M 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 Osapa London are rising, with an average of ₦220M for houses, reflecting high demand in this prime location.

Conclusion

Victory Park Estate, located in Osapa London, Lekki, is a premier residential destination offering luxury, security, and significant investment potential. With properties ranging from ₦100M for 3-bedroom terrace duplexes to ₦1B for high-end 5-bedroom detached duplexes, and rentals from ₦7M to ₦20M per annum, the estate caters to affluent 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 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 Victory Park Estate Lekki: Full Details