Goshen Beach Estate, Lekki: Full Details and Breakdown

Overview

Goshen Beach Estate, located in the Elegushi area of Lekki Phase 1, Lagos, Nigeria, is a prestigious gated residential estate developed by Grant Properties Limited. Known as one of Lekki’s most secure and upscale neighborhoods, it offers a serene, clean, and attractive environment, often compared to the “Beverly Hills of Lagos” alongside estates like Richmond Gate. The estate is designed for high-income earners, featuring luxurious 4- and 5-bedroom family duplexes, maisonettes, and land for custom development. Its proximity to Victoria Island (15-minute drive), private beach access, and well-maintained infrastructure make it a prime choice for affluent residents, expatriates, and investors seeking high returns in Lagos’ real estate market.

Location and Accessibility

• Address: Goshen Estate Road, Ikate Elegushi, Lekki Phase 1, Lagos, Nigeria.
• Strategic Location: Situated in the heart of Lekki Phase 1, the estate is 15 minutes from Victoria Island and close to Ikoyi, Banana Island, and major business districts. It is accessible via the Lekki-Epe Expressway, with Goshen Estate Road (1.08 km) serving as the main entry. The estate is near landmarks like Nike Art Gallery (5-minute drive), Circle Mall, and Oba Elegushi International Market.
• Proximity to Amenities:
  • Shopping: Circle Mall and The Palms Shopping Mall with Shoprite outlets.
  • Schools: Meadow Hall School, Busy Minds School, Whitesands School, and Chrisland Schools.
  • Hospitals: Britannia Hospital and Niyot Medical Center in Lekki Phase 1.
  • Hotels: Citilodge Hotel (UPDC Estate Road) and Lekki Waterside Hotel.
  • Beaches: Elegushi Private Beach and proximity to the Atlantic Ocean.
• Accessibility Challenges: The road linking Goshen Beach Estate to the Lekki-Epe Expressway is in poor condition, often flooding during heavy rains, though the estate itself has effective drainage systems to prevent internal flooding.

Developer Information

• Grant Properties Limited: A reputable Lagos-based developer known for high-end residential estates. Goshen Beach Estate was fully subscribed at inception, with properties now available only on the secondary market. The developer emphasizes quality infrastructure, security, and a serene environment.
• Contact: Limited public contact details are available. Prospective buyers should reach out through verified real estate agents or platforms like Nigeria Property Centre or PropertyPro Nigeria.

Property Types and Features

Goshen Beach Estate primarily features luxurious family homes and land, with newer developments nearby adding apartments and flats. Below is a detailed breakdown of property types:

1. 4- and 5-Bedroom Detached/Semi-Detached Duplexes

• Description: Spacious 4- and 5-bedroom family duplexes with large compounds, designed with uniform contemporary architecture. Most include boys’ quarters (BQ) and are beachfront or near the Atlantic Ocean.
• Features:
  • All rooms en-suite with high ceilings and fitted wardrobes.
  • Fully fitted kitchens with modern appliances (microwave, fridge, gas cooker).
  • Spacious living areas, often with two or three living rooms.
  • Smart home features, central sound systems, and CCTV in newer units.
  • Large compounds for gardens, recreation, or children’s play areas (e.g., 800–2,000 sqm plots).
  • Green areas with trees and flowers along estate roads.
  • 24/7 security with gated access and private security dogs.
• Price for Sale:
  • 4-bedroom detached duplex: ₦95,000,000–₦260,000,000 (e.g., 800 sqm plot at ₦260M, 2,000 sqm beachfront at ₦420M).
  • 5-bedroom detached duplex: ₦80,000,000–₦90,000,000 (e.g., in Lekki Phase 2).
  • Average price: ₦188,311,128–₦240,000,000.
  • Most expensive: ₦1,000,000,000 (luxury units).
  • Cheapest: ₦750,000 (smaller or older units).
• Price for Rent:
  • 4-bedroom duplex: ₦8,500,000–₦12,000,000/year (service charge: ₦700,000–₦1,200,000, agency/legal fees: 10% each).
  • 5-bedroom duplex: ₦10,000,000–₦15,000,000/year.
• Title: Certificate of Occupancy (C of O) or Governor’s Consent.

2. Apartments and Flats

• Description: Newer developments near Goshen Estate, such as those by UPDC Estate and Whitesands School, offer 1- and 2-bedroom flats. These are contemporary, fully serviced buildings targeting investors and young professionals.
• Features:
  • Open-plan kitchens with bold living room designs.
  • Amenities: Wi-Fi, cable TV, king-sized beds, air conditioning, washing machines, hot water heaters, and balconies.
  • 24/7 power (inverters), security, and access to estate facilities like pools and gyms.
  • Compact, modern layouts with tiled floors and kitchen shelves.
• Price for Sale:
  • 1-bedroom flat: ₦120,000,000 (5-star development).
  • 2-bedroom flat: ₦240,000,000 (contemporary design).
• Price for Rent:
  • Mini flat (1-bedroom): ₦600,000–₦1,500,000/year (e.g., at Elf Bus Stop, Lekki Phase 1).
  • 2-bedroom flat: ₦3,000,000–₦5,000,000/year.
  • Short-let: ₦75,000–₦150,000/day (refundable caution: ₦30,000–₦50,000).
• Example: A 2-bedroom flat near Goshen Estate, sharing a fence with Whitesands School, features a swimming pool, Wi-Fi, and 24/7 security, priced at ₦240M.

3. Land

• Description: Bare land plots (700–2,000 sqm) are available for custom development, often with waterfront views facing the Atlantic Ocean.
• Features:
  • Serviced plots with 24/7 electricity and security.
  • Suitable for residential or tourism projects (e.g., joint ventures for hotels or estates).
  • Located near Pinnacle Filling Station, Marwa Bus Stop, and Whitesands School.
• Price:
  • 700 sqm: ₦270,000,000 (Governor’s Consent).
  • 2,000 sqm (waterfront): ₦420,000,000 (distress sale).
  • 7 hectares (joint venture): ₦12,000,000,000 (C of O, open to tourism/residential).
• Investment Note: High capital appreciation due to the estate’s prime location and proximity to Lekki Phase 1.

Estate Amenities and Infrastructure

Goshen Beach Estate is a fully serviced, gated community with premium facilities, distinguishing it from older estates like Jakande. Key features include:

• Security: Highly secure with operatives at the gate and strategic locations, supplemented by residents’ security dogs. Entry is restricted, requiring host verification.
• Road Network: Well-interlocked central and street roads with properly constructed drainage channels, preventing internal flooding.
• Power: Reliant on EKEDC, supplemented by residents’ generators and inverters (no central estate generator).
• Waste Management: Effective waste management system ensuring a clean environment.
• Green Spaces: Greeneries in front of all houses, with trees and flowers along roads, enhancing aesthetics.
• Recreational Facilities: Access to private beaches, swimming pools, and nearby recreational centers like Circle Mall.
• Infrastructure: Well-maintained environment with tarred roads, streetlights, and 24/7 security.

Pricing and Investment Details

• Average Property Prices:
  • Houses for sale: ₦188,311,128–₦240,000,000.
  • Most expensive: ₦1,000,000,000 (luxury duplexes).
  • Cheapest: ₦750,000 (smaller units).
  • Land: ₦270,000,000–₦420,000,000 (700–2,000 sqm).
• Rental Prices:
  • Average: ₦3,000,000–₦15,000,000/year for duplexes and flats.
  • Short-let: ₦75,000–₦150,000/day for apartments.
• Investment Potential:
  • High ROI due to demand for luxury rentals and short-lets in Lekki Phase 1, especially for expatriates and tourists.
  • Strong capital appreciation, with property values rising steadily since the estate’s inception.
  • Proximity to business hubs (Victoria Island, Ikoyi) and recreational areas enhances rental income potential.
• Payment Plans: Flexible options for off-plan properties (e.g., 50% deposit, balance over 12 months). Joint ventures for large land parcels require a company profile and letter of intent.

Awards and Recognition

• High-Class Status: Goshen Beach Estate is recognized as one of Lekki’s most prestigious estates, known for its serene environment and upscale community, attracting top military brass and senior police personnel.
• Community Appeal: The estate’s uniform architecture and well-maintained greenery have earned it praise for its aesthetic and serene ambiance.

Challenges and Considerations

• Access Road: The road connecting the estate to the Lekki-Epe Expressway is in poor condition and prone to flooding, requiring urgent government attention.
• Power Dependency: Lack of a central estate generator means residents rely on EKEDC and personal inverters/generators, which may increase costs.
• Limited Availability: Properties are only available on the secondary market, as the estate was fully subscribed at inception, potentially limiting options for new buyers.
• Cost: High property and living costs make the estate suitable primarily for high-income earners.

Recent Developments

• Joint Venture Opportunity: A 7-hectare waterfront land parcel (C of O) beside Goshen Estate, valued at ₦12 billion, is open for tourism and residential development, with a preference for foreign investors (posted June 17, 2019).
• Ongoing Construction: New 1- and 2-bedroom flat developments near Goshen Estate, sharing fences with UPDC Estate and Whitesands School, are under construction, offering modern, serviced units for sale (₦120M–₦240M).
• Infrastructure Upgrades: The estate maintains its high standards, but external road improvements are needed to enhance accessibility.

Why Choose Goshen Beach Estate?

• Exclusivity: A gated, secure community with restricted entry, ideal for privacy-conscious residents.
• Luxury Living: Uniform, contemporary duplexes with beachfront views and high-end amenities cater to affluent lifestyles.
• Investment Value: High rental income and capital appreciation due to the estate’s prime location and proximity to Lekki Phase 1’s business and leisure hubs.
• Serene Environment: Clean, green, and well-maintained, offering a peaceful escape from Lagos’ hustle and bustle.
• Proximity: 15-minute drive to Victoria Island, with easy access to schools, hospitals, malls, and beaches.

Contact Information

• Real Estate Agents:
  • Kcglobal Homes: +2348025660928 (2-bedroom flats, ₦240M).
  • 360 Degree Properties Ltd: +2349137785096 (1- and 2-bedroom flats, ₦120M–₦240M).
  • Rosemond Hills Limited: +2348117340933 (waterfront land, ₦420M).
  • Azrieli Property Ltd: +2348064025398 (4-bedroom duplex, ₦260M).
• Note: Verify agents and avoid paying inspection fees above ₦5,000. Meet agents in open locations and confirm landlord details before payments.

Conclusion

Goshen Beach Estate in Lekki Phase 1 is a hallmark of luxury and exclusivity, offering high-end duplexes, apartments, and land in a secure, serene environment. Developed by Grant Properties Limited, it appeals to high-income earners, expatriates, and investors seeking strong ROI through rentals or capital appreciation. Despite challenges like poor access roads and high costs, its proximity to Victoria Island, private beach access, and premium amenities make it a top choice in Lagos’ real estate market. Prospective buyers or renters should contact verified agents, inspect properties, and verify titles (C of O or Governor’s Consent) before transactions. For the latest listings, check platforms like Nigeria Property Centre or PropertyPro Nigeria.

Disclaimer: Prices and availability are subject to change. Verify details with authorized agents or Grant Properties Limited before making decisions.