Metro Gardens Estate, Lekki: (Full Reviews and Price List)

Metro Gardens Estate, Lekki: Full Details with Complete Breakdown and Price List

Overview

Metro Gardens Estate, developed by UPDC Plc, is a prestigious residential development located in the heart of Lekki Phase 1, Lagos, Nigeria. Situated along Ladipo Omotesho Cole Street, off Omorinre Johnson Street, this gated community is renowned for its serene environment, modern architecture, and high-end amenities. The estate offers a mix of terraced duplexes, detached duplexes, and apartments, catering to high-net-worth individuals, families, and investors seeking luxury living in one of Lagos’ most sought-after neighborhoods. Its strategic location provides easy access to Victoria Island, Ikoyi, and major commercial hubs, making it ideal for both residential and investment purposes. This article provides a comprehensive breakdown of properties available in Metro Gardens Estate, including pricing, amenities, and investment potential.

Location

  • Address: Metro Gardens Estate, Ladipo Omotesho Cole Street, off Omorinre Johnson Street, Lekki Phase 1, Lekki, Lagos, Nigeria.
  • Neighborhood Highlights:
    • Proximity: 10–15 minutes from Victoria Island and Ikoyi via Lekki-Epe Expressway or Admiralty Way, avoiding major gridlock zones.
    • Landmarks: Near Circle Mall (4-minute drive), The Palms Shopping Mall (4 km), Nike Art Gallery (2.5 km), Novare Mall/Shoprite, and Lagos Business School.
    • Accessibility: Well-connected via tarred roads, with the estate entrance on Awkuzu Street, offering a serene escape from Lekki’s bustle. The access road may flood during heavy rains, a common issue in Lekki Phase 1.
    • Surroundings: Adjacent to estates like Mobolaji Johnson Estate, Milverton Estate, and Goshen Beach Estate, with proximity to schools (e.g., British International School) and recreational spots like Lekki Leisure Lake.

Property Types

Metro Gardens Estate primarily offers residential properties, with no current listings for vacant land due to its fully developed status. Available property types include:

  • Terraced Duplexes:
    • 3-Bedroom Terrace with BQ: Nicely built, all rooms ensuite, with a 1-room boys’ quarters (BQ).
    • 4-Bedroom Terrace (Penthouse): Spacious, with ensuite BQ, 2 living rooms, and premium finishes.
  • Detached Duplexes:
    • 4-Bedroom Detached Duplex: All rooms ensuite, with 2-room BQ, fitted kitchen, and modern amenities.
    • 5-Bedroom Detached Duplex: Larger units with 2-room BQ, ideal for families or high-end rentals.
  • Apartments/Flats:
    • 4-Bedroom Flat: Serviced, all rooms ensuite, with indoor pool and gym access in some units.

Note: Properties are designed with modern architecture, featuring solid construction and unconventional designs compared to other Lekki estates.

Amenities

Metro Gardens Estate is a fully serviced community with top-tier facilities, ensuring comfort and security:

  • Security:
    • 24/7 security with CCTV monitoring, electric fencing, and strict entry protocols (clearance required for non-residents).
    • Security checkpoint at the entrance and night patrols.
  • Infrastructure:
    • Well-tarred internal roads (shoulder-to-shoulder) with concrete stamp floors.
    • Effective drainage system, though external access roads may flood during heavy rains.
    • Perimeter fencing for added privacy.
  • Utilities:
    • 24-hour power supply via standby generators and dedicated transformers (pay-as-you-go electricity).
    • Water treatment plant and industrial borehole for clean water supply.
    • Central waste management and sewage systems.
  • Community Features:
    • Indoor swimming pool, gym, and clubhouse for residents.
    • Children’s playground and open green spaces for recreation.
    • Gazebo and well-maintained gardens.
    • Fire alarm and smoke detector systems in all units.
    • High-speed WiFi and DSTV connections.
  • Property Features:
    • Fitted kitchens with ovens, gas cookers, fridges, and large storage.
    • Spacious ensuite rooms with Jacuzzis in master bedrooms (penthouse units).
    • Air conditioning units in all rooms.
    • Separate dining areas and family lounges in duplexes.
  • Management:
    • Managed by Metro Gardens Estate Residents Association (registered 26 Aug 2015).
    • Annual service charge: Approximately ₦600,000–₦1,200,000 (₦50,000–₦100,000 monthly), covering power, security, waste management, and maintenance.

Price List

Pricing for properties in Metro Gardens Estate varies based on type, size, and condition. Below is a detailed price list based on available listings as of June 2025 (subject to verification with agents):

  • Properties for Sale:
    • 3-Bedroom Terrace Duplex with BQ:
      • Price: ₦130,000,000 (nicely built, 1-room BQ, 24-hour electricity, Deed of Assignment).
      • Features: Electric fence, CCTV, fire alarm, swimming pool, gym, children’s playground.
      • Mortgage Plans: Available for up to 10 years with lending partners.
    • 4-Bedroom Flat:
      • Price: ₦150,000,000 (serviced, all rooms ensuite, indoor pool, gym, well-maintained garden).
      • Title: Governor’s Consent.
      • Features: Ample parking, 24-hour power, security.
    • 4-Bedroom Detached Duplex:
      • Price: ₦150,000,000–₦200,000,000 (indicative, based on similar properties).
      • Features: 2-room BQ, fitted kitchen, 24-hour security, spacious compound.
      • Title: Certificate of Occupancy or Deed of Assignment.
    • 5-Bedroom Detached Duplex:
      • Price: ₦200,000,000–₦250,000,000 (indicative, based on market trends).
      • Features: 2-room BQ, 2 living rooms, modern finishes, access to estate amenities.
      • Title: Certificate of Occupancy.
  • Properties for Rent:
    • 4-Bedroom Terrace (Penthouse) with BQ:
      • Rent: ₦4,500,000–₦6,000,000 per annum (average: ₦6,000,000).
      • Details:
        • ₦4,500,000 (spacious ensuite rooms, 1-room BQ, 2-car parking).
        • ₦6,000,000 (penthouse, 2 living rooms, Jacuzzi, fitted kitchen).
      • Service Charge: ₦600,000–₦1,200,000 p.a. (₦50,000–₦100,000 monthly).
      • Additional Costs: Agency fee (10%), legal fee (10%), caution deposit (₦500,000–₦800,000).
      • Features: 24-hour power, gym, clubhouse, swimming pool, children’s playground, CCTV.
    • 3-Bedroom Terrace Duplex:
      • Rent: ₦3,500,000–₦5,000,000 per annum (indicative, based on similar listings).
      • Service Charge: ₦600,000 p.a.
      • Additional Costs: Agency/legal fees (10% each), caution deposit (₦500,000).
  • Additional Costs:
    • Agency Fees: 5–10% for sales, 10% for rentals.
    • Legal Fees: 5–10% for documentation or lease agreements.
    • Title Documents: Deed of Assignment, Governor’s Consent, or Certificate of Occupancy for sales.
    • Service Charge: Covers generator maintenance, security, waste management, and estate upkeep.

Note: No land listings are currently available, as the estate is fully developed. Prices are subject to change; contact agents like Spoton Realty (08033251749), Joe Etoniru & Associates (PID: GEIK106086), or Adedayo Realty (contact via PropertyPro.ng) for updates.

Investment Potential

  • Rental Income:
    • 3-bedroom terraces yield ₦3,500,000–₦5,000,000 annually, offering 3–4% returns on a ₦130,000,000 purchase.
    • 4-bedroom penthouses fetch ₦4,500,000–₦6,000,000 per year, ideal for high-income tenants or short-lets (e.g., ₦100,000/day for short-term rentals).
  • Capital Appreciation:
    • Properties in Lekki Phase 1 appreciate by 20–30% annually due to high demand and proximity to commercial hubs.
    • Example: A ₦130,000,000 terrace could resell for ₦160,000,000–₦180,000,000 within 2–3 years.
  • Resale Value:
    • 4–5 bedroom duplexes command ₦150,000,000–₦250,000,000, reflecting strong demand for luxury properties in Metro Gardens.

Comparison with Nearby Estates

  • Mobolaji Johnson Estate (Lekki Phase 1):
    • 4-Bedroom Duplex: ₦150,000,000–₦350,000,000; Rent: ₦5,000,000–₦8,500,000 p.a.
    • Amenities: Similar security and power, but narrower roads compared to Metro Gardens.
  • Milverton Estate (Osapa):
    • 3-Bedroom Flat: ₦33,000,000–₦120,000,000; Rent: ₦3,500,000–₦6,000,000 p.a.
    • Features: Focus on flats, less diverse amenities than Metro Gardens’ pool and gym.
  • Pinnock Beach Estate (Osapa):
    • 600 sqm Land: ₦240,000,000; 4-Bedroom Duplex: ₦400,000,000.
    • Amenities: Beachfront views, higher price point than Metro Gardens.

How to Purchase or Rent

  1. Contact Agents:
    • Reach out to verified agents like:
      • Spoton Realty And Construction: 08033251749 (rentals).
      • Joe Etoniru & Associates: Contact via PropertyPro.ng (sales).
      • Adedayo Realty: Contact via PropertyPro.ng (sales).
      • Private Property Nigeria: Contact for similar listings if agents are unreachable.
    • Check listings on Nigeria Property Centre (nigeriapropertycentre.com) or PropertyPro.ng.
  2. Site Inspection:
    • Schedule visits (Monday–Saturday, 8:00 AM–8:00 PM, 2-hour notice) via Ladipo Omotesho Cole Street or Awkuzu Street.
    • Note potential flooding on access roads during heavy rains.
  3. Due Diligence:
    • Verify titles (Deed of Assignment, Governor’s Consent, or Certificate of Occupancy) through land registry search.
    • Engage a lawyer to review documents and confirm no encumbrances.
  4. Payment Options:
    • Sales: Outright payment preferred; mortgage plans available for up to 10 years for some units (e.g., 3-bedroom terrace).
    • Rentals: Annual payment required; discounts for 2-year leases possible.
  5. Documentation:
    • Obtain Deed of Assignment, Governor’s Consent, or Certificate of Occupancy for sales.
    • Pay agency (5–10%), legal (5–10%), and service charges (₦600,000–₦1,200,000 p.a.).

Clarification

  • Metro Gardens Estate: Located in Lekki Phase 1, developed by UPDC Plc, distinct from Metro Homes (Abraham Adesanya, Ajah) or other estates like Lekki Gardens.
  • Development Status: Fully developed with operational infrastructure, including 24-hour power and security, unlike newer estates in Ibeju-Lekki.
  • No Land Sales: Focus on built properties, as all plots have been developed into terraces, duplexes, or flats.

Conclusion

Metro Gardens Estate, Lekki Phase 1, offers a luxurious living experience with 3–5 bedroom terraces, detached duplexes, and apartments priced from ₦130,000,000 to ₦250,000,000 for sale and ₦3,500,000 to ₦6,000,000 per annum for rent. With 24-hour power, security, and amenities like a swimming pool, gym, and clubhouse, it caters to affluent families and investors. Its prime location and 20–30% annual appreciation make it a strong investment choice. For current listings, contact agents like Spoton Realty or Joe Etoniru & Associates, and verify titles through due diligence to secure your purchase or rental.

Disclaimer: Prices and availability are subject to change. Verify all details with licensed real estate agents before proceeding.

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