Dillon Estate, Agungi, Lekki: Full Details and Price List

Dillon Estate, Agungi, Lekki: Full Details, Breakdown, and Price List

Overview

Dillon Estate, located in Agungi, Lekki, Lagos, Nigeria, is a secure, gated residential estate known for its serene environment, modern infrastructure, and proximity to key business and lifestyle hubs. Situated along the Lekki-Epe Expressway, near landmarks like Chevron Nigeria Headquarters and Lekki Phase 1, it offers a blend of affordability and luxury for middle- and upper-class residents, including professionals and families. The estate, accessible via streets like 8a Alh. Marufa Alli Owe Street, is managed by a residents’ association, ensuring safety and maintenance through community efforts. With its strategic location, diverse property options, and investment potential, Dillon Estate stands out in Agungi’s competitive real estate market.

Location and Accessibility

  • Address: Dillon Estate, 8a Alh. Mohammed Street, Agungi, Lekki, Lagos, Nigeria.
  • Strategic Location: Positioned between the 5th and 6th roundabouts on the Lekki-Epe Expressway, Dillon Estate is approximately 15 minutes from Victoria Island during off-peak hours and 25–35 minutes during rush hours (6:30–8:30 AM). It is close to Chevron Drive, Osapa London, and Bakare Estate, with easy access to Lekki Phase 1, Ikoyi, and Victoria Garden City (VGC).
  • Proximity to Amenities:
    • Education: Grande Oakbridge Montessori School, St. Gabriel’s School, Jesilo High School.
    • Healthcare: First City Hospital (offering general surgery, diagnostics), Medplus Pharmacy.
    • Shopping and Dining: Agungi Shopping Complex, Bakka Plaza, Begins Supermarket, Domino’s Pizza, Cold Stone Creamery, Memories Kitchen (local cuisine), Elis Restaurant.
    • Recreation: Cycle Mall (cinema), Owen’s Lounge, Titanium Nightclub, Elegushi Private Beach (10 minutes).
    • Hotels: Lekki Oxford Hotel, Dmatel Towers, Piccadilly Suites.
  • Accessibility: The main access road, Lekki-Epe Expressway, is tarred and in good condition, with recent adjustments reducing traffic congestion at the Agungi bus stop. The estate’s central road is interlocked, though marginally maintained, while some internal streets lack interlocking and have poor drainage, causing occasional flooding.
  • Challenges: Traffic bottlenecks at peak hours and inconsistent drainage in some streets can affect accessibility during heavy rains.

Developer Information

  • Developer: Dillon Estate was developed through a collaboration between private investors and the Lagos State Government’s land allocation scheme, with residents purchasing plots for custom builds. There is no single developer; the Fidiso Estate Residents Association (FERA) oversees security, waste management, and basic infrastructure.
  • Resident Contributions: Residents fund road maintenance, security, and waste disposal through service charges (₦72,000–₦200,000/year, depending on property type). The lack of a central management authority results in varied maintenance quality across streets.

Property Types and Features

Dillon Estate offers a variety of properties, including duplexes, apartments, and land, catering to diverse budgets and preferences. Below is a detailed breakdown based on recent market data:

1. Detached and Semi-Detached Duplexes

  • Description: Modern 4- and 5-bedroom duplexes, often with boys’ quarters (BQ), designed for families and investors. These properties feature contemporary architecture and high-end finishes.
  • Features:
    • All rooms en-suite with fitted wardrobes, POP ceilings, and premium tiles.
    • Fully fitted kitchens with appliances (oven, microwave, heat extractor, gas cooker).
    • Smart home features: CCTV, in-built speakers, chandeliers, intercoms.
    • Spacious living rooms, visitor’s toilets, walk-in closets, and family lounges.
    • Security: Gated estate with 24/7 guards, high fences, and controlled entry.
    • Infrastructure: Prepaid electricity meters, boreholes with water treatment, interlocked compounds, and 2–3 parking spaces.
    • Additional amenities (in select units): Swimming pools, electric fences, gatehouses.
  • Price List:
    • Sale:
      • 4-bedroom semi-detached duplex: ₦160,000,000–₦180,000,000 (e.g., ₦160M with chandelier, ₦180M with modern structure).
      • 5-bedroom detached duplex: ₦140,000,000–₦350,000,000 (e.g., ₦350M with pool and BQ).
      • Average price: ₦170,000,000.
    • Rent:
      • 4-bedroom duplex: ₦5,000,000–₦8,000,000/year.
      • 5-bedroom duplex: ₦8,000,000–₦12,000,000/year (estimated based on Agungi trends).
    • Title: Governor’s Consent, Certificate of Occupancy (C of O), or Deed of Assignment.
  • Example: A 4-bedroom semi-detached duplex in Dillon Estate (₦160M) features a spacious living room, CCTV, treated water, and 24/7 security.

2. Terrace Duplexes

  • Description: 3- and 4-bedroom terrace duplexes, ideal for middle-class families or investors, offering modern designs in a gated community.
  • Features:
    • All rooms en-suite with fitted kitchens (cabinets, heat extractors, burners).
    • POP ceilings, CCTV surveillance, and walk-in closets.
    • Security: Controlled estate entry, 24/7 guards.
    • Infrastructure: Interlocked roads, treated water, and 2 parking spaces.
  • Price List:
    • Sale:
      • 4-bedroom terrace duplex: ₦85,000,000–₦120,000,000 (e.g., ₦85M in nearby Ikota, adjusted for Dillon).
    • Rent:
      • 4-bedroom terrace duplex: ₦3,500,000–₦5,000,000/year (estimated based on Agungi market).
    • Title: Governor’s Consent or C of O.
  • Example: A 4-bedroom terrace duplex in Dillon Estate (est. ₦100M) offers a fitted kitchen, spacious compound, and serene environment.

3. Apartments and Flats

  • Description: 1-, 2-, and 3-bedroom flats, including mini-flats and luxury apartments, suitable for young professionals, students, and short-term renters.
  • Features:
    • Fitted kitchens with cabinets, gas cookers, and appliances (microwave, fridge).
    • Modern amenities: Air conditioning, water heaters, intercoms, security doors.
    • Spacious bedrooms, visitor’s toilets, and store rooms in larger units.
    • Serviced units include 24/7 electricity, water treatment, and waste disposal.
    • Gated, serene environment with ample parking and boreholes.
  • Price List:
    • Sale:
      • 2-bedroom flat: ₦58,000,000–₦140,000,000 (e.g., ₦58M in Agungi).
      • 3-bedroom flat: ₦100,000,000–₦170,000,000 (e.g., ₦170M in nearby Ikate, adjusted).
    • Rent:
      • 1-bedroom mini-flat: ₦1,500,000–₦2,000,000/year (e.g., ₦1.5M with service charge ₦72,000).
      • 2-bedroom flat: ₦2,000,000–₦3,500,000/year.
      • 3-bedroom flat: ₦3,500,000–₦5,000,000/year.
      • Short-let (3-bedroom): ₦100,000–₦200,000/day (minimum 2 nights, estimated).
    • Title: Governor’s Consent or C of O.
  • Example: A 2-bedroom flat in Dillon Estate (₦2.5M/year) features en-suite rooms, a fitted kitchen, and constant water supply.

4. Land

  • Description: Residential plots (500–1400 sqm) for custom development, often fenced and gated, within secure areas of the estate.
  • Features:
    • Dry, sand-filled plots with access to graded or interlocked roads.
    • Titles: Governor’s Consent, C of O, or Deed of Assignment.
    • Proximity to Chevron Drive and Lekki-Epe Expressway.
  • Price List:
    • 500–600 sqm: ₦60,000,000–₦100,000,000.
    • 1400 sqm: ₦500,000,000 (e.g., facing Agungi Road).
    • Average price: ₦350,000/sqm.
  • Example: A 600 sqm plot in Dillon Estate (₦80M) with Governor’s Consent is suitable for immediate construction.

5. Commercial Properties

  • Description: Limited commercial spaces, such as shops or land along Agungi Road, suitable for retail or offices.
  • Features: High-traffic locations near Domino’s Pizza and supermarkets.
  • Price List:
    • Commercial land (2700 sqm): ₦700,000,000 (C of O, facing Agungi Road).
    • Shops for rent: ₦500,000–₦1,500,000/year (estimated based on Agungi trends).
  • Example: A 2700 sqm commercial plot in Dillon Estate (₦700M) is ideal for mixed-use development.

Estate Amenities and Infrastructure

Dillon Estate is a serviced, gated community with resident-driven improvements:

  • Security: 24/7 security with a manned gatehouse, armed guards, and controlled entry. Most streets are gated, ensuring safety. Proximity to Chevron enhances security.
  • Roads and Drainage: The central road is interlocked, with good drainage in some areas. Non-interlocked streets and blocked drains cause occasional flooding. Residents fund road maintenance.
  • Power: No central generator; electricity is supplied by EKEDC, supplemented by personal generators and inverters. Serviced units offer 24/7 power with high service charges (e.g., ₦1.7M/year for duplexes).
  • Water: No central water supply; all homes have boreholes and water treatment plants due to groundwater treatment needs.
  • Waste Management: Managed by Lagos State Waste Management Authority (LAWMA), though unrestricted streets may have dirt heaps.
  • Recreational Facilities: No dedicated sports facilities; residents use nearby bare land or streets for football. Cycle Mall and Owen’s Lounge are nearby for leisure.
  • Commercial Hubs: Domino’s Pizza, Agungi Shopping Complex, and Lekki Oxford Hotel are within walking distance.

Pricing and Investment Details

  • Average Property Prices:
    • Houses for sale: ₦58,000,000–₦350,000,000 (flats/duplexes), up to ₦750,000,000 (luxury units).
    • Houses for rent: ₦3,500,000/year (average), ranging from ₦1,500,000 (mini-flats) to ₦12,000,000 (duplexes).
    • Land: ₦60,000,000–₦700,000,000 (500–2700 sqm).
  • Investment Potential:
    • High ROI for rentals (₦1.5M–₦12M/year) and short-lets (₦100,000–₦200,000/day) due to proximity to Chevron and Victoria Island.
    • Capital appreciation is strong, as Agungi is closer to business districts than Ajah, yet more affordable than Lekki Phase 1.
    • Affordable land (₦60M) attracts investors for custom builds.
  • Titles: Governor’s Consent, C of O, or Deed of Assignment ensure secure ownership.

Awards and Recognition

  • Safety and Serenity: Dillon Estate is recognized for its secure, gated environment and serene ambiance, appealing to families and professionals.
  • Resident Collaboration: The residents’ association is praised for maintaining order and funding infrastructure projects.

Challenges and Considerations

  • Flooding: Poor drainage in some streets causes occasional flooding, requiring resident intervention.
  • Power Costs: Reliance on personal generators increases living expenses.
  • Infrastructure Maintenance: Non-interlocked streets and varying service charges (₦72,000–₦200,000/year) depend on resident contributions.
  • Market Verification: Buyers must verify titles and agent credentials to avoid scams, especially for distress sales.
  • Traffic: The Agungi bus stop can cause bottlenecks, though recent road adjustments have improved flow.

Recent Developments

  • New Listings: Recent properties include a 4-bedroom semi-detached duplex (₦160M–₦180M), 5-bedroom detached duplex with pool (₦350M), and 1400 sqm land (₦500M).
  • Infrastructure Upgrades: Resident-funded road interlocking and drainage projects are ongoing.
  • Proposed Coastal Highway: The Lagos-Calabar Coastal Highway may enhance connectivity but raises concerns about potential demolitions.

Why Choose Dillon Estate?

  • Affordability: Offers flats (₦1.5M/year) and duplexes (₦160M) for middle-income earners, alongside luxury options.
  • Prime Location: 15–35 minutes from Victoria Island, with access to Chevron, Cycle Mall, and top schools.
  • Security: Gated, controlled-entry estate ensures safety.
  • Investment Potential: High rental yields and land appreciation in a growing area.
  • Community-Driven: Resident-funded projects maintain a clean, orderly environment.

Contact Information

  • Real Estate Agents:
    • Wincovers Properties: +2348103254940 (4-bedroom duplex, ₦160M–₦170M).
    • Papitech: +2347080948316 (4- and 5-bedroom duplexes, ₦160M–₦350M).
    • Options Properties: +2348108777417 (5-bedroom duplex, ₦350M).
    • Bera Deals: +2347065266133 (various properties in Agungi).
  • Note: Verify agent credentials, avoid inspection fees above ₦5,000, and confirm titles (C of O, Governor’s Consent) before transactions. Meet agents in public locations.

Conclusion

Dillon Estate in Agungi, Lekki, is a secure, serene residential hub offering affordable flats, luxury duplexes, and investment-grade land. Its strategic location, 15–35 minutes from Victoria Island, proximity to Chevron, and resident-driven infrastructure make it ideal for families, professionals, and investors. Despite challenges like flooding and power costs, the estate’s high ROI potential, driven by Agungi’s growth and proximity to business hubs, enhances its appeal. Buyers and renters should verify titles and agent credentials through platforms like Nigeria Property Centre or PropertyPro Nigeria for secure transactions. Dillon Estate is a compelling choice for those seeking a balanced lifestyle in Lekki’s vibrant real estate market.

Disclaimer: Prices and availability are subject to change. Verify details with authorized agents before proceeding.

bornbyai

Protected by CleanTalk Anti-Spam