Greenfield Estate, Lekki: Full Details With Complete Breakdown + Price List

Overview

Greenfield Estate is a gated residential community located in Sangotedo, Lekki, Lagos, Nigeria, along the Lekki-Epe Expressway. Positioned in the rapidly developing Ibeju-Lekki corridor, it offers affordable housing options for middle-income families, professionals, and investors seeking value in Lagos’ real estate market. While not as upscale as estates like Lakowe Lakes or Lekki Gardens, Greenfield Estate provides a serene environment with basic amenities, making it a practical choice for those prioritizing affordability and accessibility. Its proximity to key commercial hubs enhances its investment potential.

Note: Specific details about Greenfield Estate are limited. This article aggregates information from verified sources like Nigeria Property Centre and PropertyPro Nigeria, supplemented by trends from similar Sangotedo estates, to provide a comprehensive overview.

Location and Accessibility

• Location: Situated in Sangotedo, Lekki, off the Lekki-Epe Expressway, near Lagos Business School and Novare Mall Shoprite. Nearby landmarks include Lufasi Nature Park, Readington School, and Caleb British International School.
• Accessibility:
  • Approximately 45 minutes to 1 hour to Victoria Island during off-peak hours and 1–2 hours during rush hour (6:30 AM–8:30 AM).
  • The Lekki-Epe Expressway is a well-tarred primary route, but traffic congestion is common during peak hours. Estate roads are primarily earth or gravel, not tarred or interlocked, with limited drainage, increasing flooding risks during the rainy season.
  • Single gated entrance/exit with security protocols requiring host confirmation for visitors.
• Strategic Advantage: Proximity to the Lekki Free Trade Zone, Lekki Deep Sea Port, proposed Lekki Airport, and the Fourth Mainland Bridge positions the estate for future appreciation. Ongoing expressway expansion and the Ajah flyover will improve accessibility.

Infrastructure and Amenities

• Gated Community: Secured with 24/7 security personnel and a single entrance/exit. CCTV surveillance is not confirmed, but the estate is noted for safety with no reported crime incidents.
• Road Network: Mostly leveled earth or gravel roads without central drainage, making them prone to flooding during heavy rains. Some internal roads lack proper surfacing.
• Utilities:
  • Electricity: Relies on Eko Electricity Distribution Company (EKDC) and resident-owned generators/inverters, with inconsistent power supply. No estate-owned transformers are noted.
  • Water Supply: No centralized water treatment plant; residents depend on private boreholes or water vendors.
  • Waste Management: Informal waste collection, as no formal estate management body exists. Residents may arrange local services or fumigation independently.
• Recreational Facilities: None noted; the estate lacks playgrounds, green areas, or community centers, unlike upscale estates like Fara Park or Fountain Springville.
• Service Charges (estimated, based on similar Sangotedo estates):
  • Annual service charge: ₦100,000–₦200,000 (if applicable, varies by resident agreement).
  • Agency/legal fees: 10% each of annual rent.
  • Caution fee: ₦300,000–₦500,000 (refundable).
• Nearby Amenities: Novare Mall Shoprite, Joygold Mall, Lagos Business School, Greensprings School, Readington School, and Omu Resort (5–15 minutes’ drive).

Property Types and Features

• Property Types: Detached and semi-detached houses, bungalows, blocks of flats (2–3 bedrooms), and residential plots.
• Features:
  • Detached/Semi-Detached Houses and Bungalows (3–4 bedrooms):
    • En-suite bedrooms with basic fittings, spacious living areas, and guest toilets.
    • Fitted kitchens with standard appliances (oven, hob), tiled floors, and POP ceilings in newer units.
    • Compounds accommodate 2–4 cars; some include boys’ quarters (BQ).
  • Blocks of Flats (2–3 bedrooms):
    • Typically 4 apartments per compound (2 up, 2 down), with en-suite rooms and fitted kitchens.
    • Ground-floor flats are common for rent, with parking for 2–3 cars.
  • Residential Plots:
    • Sizes: 600 sqm and up.
    • Suitable for custom builds, with titles like Excision in Progress or Deed of Assignment.
• Title: Excision in Progress, Deed of Assignment, or Certificate of Occupancy (C of O) for some properties, requiring due diligence to verify.

Price List

Note: Prices are based on listings from Nigeria Property Centre and PropertyPro Nigeria, updated as of June 25, 2025, with estimates from similar Sangotedo estates due to limited specific data for Greenfield Estate. Prices vary by condition, size, and market trends.

For Sale

• Houses:
  • 3-Bedroom Bungalow: ₦40,000,000–₦60,000,000 (e.g., similar estates in Sangotedo).
  • 4-Bedroom Detached House: ₦70,000,000–₦100,000,000 (estimated, based on trends).
• Flats:
  • 2-Bedroom Flat: ₦20,000,000–₦30,000,000.
  • 3-Bedroom Flat: ₦30,000,000–₦40,000,000 (e.g., ground floor, Sangotedo).
• Residential Plots:
  • 600 sqm: ₦700,000–₦1,500,000 (e.g., Asegun Village, Excision in Progress).
  • Payment Plans: Outright or 6–12 months with 20%–30% initial deposit, interest-free.
• Average Price: ₦50,000,000 for houses; ₦1,100,000 for plots (range: ₦700,000–₦100,000,000).

For Rent

• Flats:
  • 2-Bedroom Flat: ₦1,200,000–₦1,500,000 per annum.
  • 3-Bedroom Flat: ₦1,500,000–₦2,000,000 per annum (total package: ₦2,250,000, including ₦150,000 service charge, ₦150,000 agency, ₦150,000 legal, ₦300,000 caution).
• Houses:
  • 3-Bedroom Bungalow: ₦2,000,000–₦2,500,000 per annum (estimated, total package: ~₦3,000,000).
• Average Rental Price: ₦1,750,000 per annum (range: ₦1,200,000–₦2,500,000).

Investment Potential

• Advantages:
  • Sangotedo’s growth, driven by the Lekki Free Trade Zone, Dangote Refinery, and Lekki Deep Sea Port, supports property appreciation (20%–30% annual ROI, as seen in Lekki Gardens with ₦116.2 million returns in under two years).
  • Extremely low land prices (e.g., ₦700,000/plot) offer high potential for capital gains as infrastructure improves.
  • Proximity to commercial hubs like Novare Mall Shoprite ensures rental demand from professionals and families.
• Challenges:
  • Poor infrastructure (earth roads, no drainage) increases flooding risks and limits aesthetic appeal compared to estates like Fountain Springville.
  • Unreliable electricity and lack of centralized water supply reduce upscale appeal.
  • Excision in Progress titles require careful verification to avoid disputes.
• Outlook: Greenfield Estate’s affordability and strategic location make it a high-potential option for budget-conscious investors, with significant returns expected as Ibeju-Lekki develops.

Nearby Estates and Developments

• Fountain Springville Estate, Crown Estate, Fara Park Estate, Lekki Gardens, and Greenland Estate.
• Proximity to Novare Mall Shoprite, Lagos Business School, Readington School, and Lufasi Nature Park.

Contact Information

For inquiries or property viewings:

• Greenfield Estate, Sangotedo:
  • Nigeria Property Centre: nigeriapropertycentre.com.
  • Neighbourhood Review: +234-8132257106, in**@*****************ew.com.
  • Switchlanes Investment (land inquiries): Contact via switchlanesproperties.com.
• General Inquiries: Lekki Gardens (in**@**********ns.com, 07001239008) for similar developments.
• Note: Verify agent credentials and inspect properties physically before payments to avoid scams.

Conclusion

Greenfield Estate in Sangotedo, Lekki, offers an affordable entry into Lagos’ real estate market, ideal for middle-income buyers and investors. Despite limited infrastructure, its strategic location near the Lekki Free Trade Zone and low land prices ensure strong investment potential with 20%–30% annual ROI. The estate’s houses, flats, and plots, supported by titles like Excision in Progress, cater to diverse needs. Contact verified agents for the latest pricing and availability.

Disclaimer: Prices and availability are based on data as of June 25, 2025, and may vary. Verify details with estate agents or developers for accuracy.