Victoria Crest 4 Estate, Lekki: Full Details, Breakdown, and Price List
Victoria Crest 4 Estate, developed by Victoria Crest Homes, is a premium residential community located along Orchid Road, near Chevron Drive in Lekki, Lagos. Known for its eco-friendly design, modern infrastructure, and family-oriented amenities, this estate is part of the sought-after Victoria Crest series, offering a blend of luxury, functionality, and sustainability. Below is a comprehensive overview of the estate, including its features, house types, amenities, pricing, and payment options.
Estate Overview
Victoria Crest 4 Estate is strategically positioned in one of Lagos’ most desirable neighborhoods, providing residents with a serene and secure environment. The estate emphasizes sustainable living with renewable energy practices, lush green spaces, and a “Waterview” experience due to its proximity to water bodies. It is designed for middle- to high-income families seeking a contemporary lifestyle with access to top-tier amenities.
- Location: Orchid Road, near Chevron Drive, Lekki, Lagos
- Developer: Victoria Crest Homes (Nedcomoaks Ltd)
- Title: Governor’s Consent
- Neighborhood: Close to Cooplag Estate, Ocean Bay Estate, Chevron Cooperative Estate, Lekki Conservation Centre, Lekki Miami Beach, Orchid Hotel, and Mega 1 Shopping Mall & Cinema
Key Features and Amenities
Victoria Crest 4 Estate is a serviced estate with infrastructure tailored for comfort and convenience. The following amenities enhance the living experience:
- 24/7 Electricity: Central power generating unit with backup support, ensuring constant power supply.
- Security: 24-hour security with armed patrol guards, CCTV cameras, and restricted non-resident access.
- Water Supply: Central water treatment plant providing clean, hygienic water.
- Roads and Drainage: Interlocked roads and efficient drainage systems.
- Recreational Facilities: Swimming pool, gym, children’s playground, and recreational areas.
- Eco-Friendly Design: Commitment to renewable energy and sustainable practices.
- Family-Oriented Spaces: Dedicated children’s play areas and spacious compounds for outdoor activities.
- Additional Services: Waste disposal facilities, streetlights, and dedicated transformers.
House Types
Victoria Crest 4 Estate offers a variety of house types, primarily terrace duplexes and apartments, designed with modern aesthetics and functionality. According to available information, most units in the estate are fully finished and fitted with elegant interiors. The house types include:
- 1-Bedroom Apartment
- 2-Bedroom Apartment
- 2-Bedroom Terrace Duplex
- 2-Bedroom Terrace Duplex with BQ (Boys’ Quarters)
- 3-Bedroom Terrace Duplex
- 4-Bedroom Terrace Duplex
Note: As of the latest updates, many house types (e.g., 2BR Terrace Duplex, 3BR Terrace Duplex, 4BR Semi-Detached Duplex with BQ) are sold out, indicating high demand. Availability may vary for secondary sales through real estate agents.
Price List
Pricing for properties in Victoria Crest 4 Estate varies based on the house type, location within the estate, and market dynamics (primary vs. secondary sales). Below is a compilation of prices from recent listings for both primary and secondary sales:
- 3-Bedroom Terrace Duplex with BQ:
- Price: ₦63,000,000 (Primary sale, Waterview Experience)
- Secondary sale: ₦82,000,000 (Orchid Road)
- 4-Bedroom Terrace Duplex:
- Price: ₦68,000,000 (Primary sale, Waterview Experience)
- Secondary sale: ₦49,000,000 (Distress sale, Chevron Drive)
- Secondary sale: ₦100,000,000 (Well-maintained, Orchid Road)
- Secondary sale: ₦120,000,000 (Furnished with BQ, Orchid Road)
- Secondary sale: ₦140,000,000 (Without BQ, V Harrison Road)
- 4-Bedroom Semi-Detached Duplex with BQ:
- Secondary sale: ₦120,000,000 (Furnished, Orchid Road)
- Average Price for Houses in Victoria Crest Estate:
- ₦206,964,754 (as of January 23, 2025)
- Range: ₦49,000,000 (cheapest) to ₦1,000,000,000 (most expensive)
Note: Prices for secondary sales fluctuate based on furnishings, condition, and urgency (e.g., distress sales). Primary sales from the developer are often lower but may be sold out. Contact agents or the developer for current availability.
Payment Plans
Victoria Crest Homes offers flexible payment plans for primary sales, though specific details for Victoria Crest 4 are limited due to sold-out status. Based on similar estates (e.g., De Castle Max, Imagine Estate), typical payment structures include:
- Outright Payment: Full payment within 0-3 months for discounted prices.
- Installment Plans:
- Initial Deposit: 20%-50% (e.g., ₦40,000,000 for a 4BR duplex).
- Balance spread over 6-18 months, with quarterly payments.
- Example (from De Castle Max, for reference):
- 4BR Terrace Duplex: ₦110,000,000 (outright), ₦40,000,000 initial deposit, balance spread over 6-12 months.
- 4BR Semi-Detached Duplex: ₦140,000,000, ₦40,000,000 initial deposit.
- 4BR Fully-Detached Duplex: ₦150,000,000, ₦40,000,000 initial deposit.
For secondary sales, payment terms depend on the seller or agent. Buyers are advised to verify terms and avoid upfront inspection fees.
Additional Costs
- Service Charge: Approximately ₦28,000 monthly, covering security, environmental services, and waste management.
- Agency/Legal Fees: Typically 10% each for secondary sales.
- Caution Deposit: 10% for rentals or as specified by the seller.
- Annual Service Charge (for rentals): ₦600,000, excluding diesel deposit.
Rental Options
For those not purchasing, Victoria Crest 4 offers rental properties:
- 2-Bedroom Terrace Duplex: ₦4,500,000 per annum
- 3-Bedroom Terrace Duplex: ₦4,500,000–₦7,000,000 per annum
- Average Rental Price: ₦7,000,000 per annum, ranging from ₦4,000,000 to ₦13,000,000
Why Choose Victoria Crest 4 Estate?
- Prime Location: Proximity to major landmarks and commercial hubs in Lekki.
- Modern Infrastructure: Well-paved roads, reliable power, and advanced security systems.
- Family-Friendly: Safe play areas and recreational facilities for children and adults.
- Investment Potential: High demand and appreciation value in Lekki’s real estate market.
- Sustainable Living: Eco-conscious design with green spaces and renewable energy.
Contact Information
For inquiries, inspections, or to confirm availability:
- Developer: Victoria Crest Homes
- Phone: +234 708 589 1037
- Email: he***@**************ce.ng
- Website: victoriacresthomes.ng
- Real Estate Agents:
- Heavensent Properties: 08102912408
- Leeward Properties: +2348022990214
- Wolfe Realtors Nigeria: 08106003837, 07012747191
- Amaka: +2349****27…
Conclusion
Victoria Crest 4 Estate is a luxurious and well-planned residential community ideal for families and investors seeking a premium lifestyle in Lekki. With its modern amenities, eco-friendly design, and strategic location, it remains a top choice despite limited availability. Prospective buyers or renters should act quickly, verify property titles (Governor’s Consent), and engage trusted agents to secure their dream home.
Disclaimer: Prices and availability are subject to change. Always conduct due diligence and consult with professionals before making payments. Avoid upfront fees without physical inspections.