HRC Estate Lekki: (Full Details + Price List)

HRC Estate Lekki: Full Details With Complete Breakdown + Price List

Introduction

HRC Estate, located in the prestigious Victoria Garden City (VGC) and Ologolo areas of Lekki, Lagos, Nigeria, is a well-planned residential and commercial development managed by HFP Construction Company. Known for its modern infrastructure, serene environment, and strategic location, HRC Estate offers a range of luxurious properties ideal for families, professionals, and investors. This article provides a comprehensive overview of HRC Estate, including its features, amenities, location benefits, and a detailed price list based on recent market data.

Location and Accessibility

HRC Estate is situated in two key areas of Lekki: Harris Drive, VGC, and Ologolo, both accessible via the Lekki-Epe Expressway, Abraham Adesanya Road, and Chevron Drive. Its strategic location ensures proximity to major business hubs like Victoria Island (20–30 minutes off-peak) and Ikoyi (25–35 minutes off-peak). The estate is near landmarks such as VGC, Ikota Villa Estate, and commercial centers like Eleganza Shopping Mall. It features interlocked roads and efficient drainage systems, ensuring a flood-free environment. However, rush-hour traffic (6:30 AM–8:00 AM) may extend travel times.

Features and Amenities

HRC Estate is designed to offer a secure, modern, and comfortable living experience. Key features include:

  • Modern Infrastructure: Properties include detached and semi-detached duplexes, terrace duplexes, and apartments with contemporary designs and high-quality finishes.
  • 24/7 Security: Gated community with CCTV cameras, round-the-clock security personnel, and intercom systems for enhanced safety.
  • Reliable Power Supply: Dedicated transformers and backup generators ensure consistent electricity, with some properties offering 20–24 hours of power.
  • Central Water System: A 24-hour treated water supply provides clean and reliable water to residents.
  • Recreational Facilities: Includes a recreational park, gym, children’s playground, and plans for additional amenities like swimming pools in select units.
  • Additional Amenities: Well-maintained roads, waste disposal systems, streetlights, and a shopping complex within the estate cater to residents’ needs.
  • Modern Fittings: Properties feature fitted kitchens (microwaves, gas cookers, shelves), POP ceilings, wardrobes, water heaters, heat extractors, and in-built speakers.

Housing Options

HRC Estate offers a variety of housing types to suit different needs and budgets:

  • 3-Bedroom Terrace Duplexes: Compact, modern units ideal for small families or investors.
  • 4-Bedroom Terrace Duplexes: Spacious homes with boys’ quarters (BQ) and ensuite rooms.
  • 4-Bedroom Semi-Detached Duplexes: Modern designs with ample parking and additional features like CCTV.
  • 4-Bedroom Fully Detached Duplexes: Larger homes with private compounds and premium fittings.
  • 5-Bedroom Fully Detached Duplexes: Luxury properties with features like swimming pools, family lounges, and smart home systems.

Investment Potential

HRC Estate is a prime investment opportunity due to:

  • High Appreciation: The Lekki-VGC area has shown consistent property value growth, with average house prices around ₦80,000,000 in VGC and ₦280,000,000 in Ologolo.
  • Rental Income: Proximity to business and commercial hubs ensures strong rental demand, with annual rents for 3–4 bedroom units starting at ₦3,000,000–₦4,500,000.
  • Flexible Payment Plans: Some listings offer installment options, though most require outright payment within 0–3 months.
  • Legal Clarity: Properties typically come with titles like Governor’s Consent or Certificate of Occupancy (C of O), ensuring secure ownership.

Price List and Service Charges

Based on recent listings from Nigeria Property Centre and posts on X, below is a detailed price list for HRC Estate properties. Prices vary by location (VGC or Ologolo), size, and features:

  • 3-Bedroom Terrace Duplex + BQ (VGC, Harris Drive):
    • Price (Rent): ₦3,000,000 per annum.
    • Service Charge: ₦300,000 per annum.
    • Additional Fees: Agency (10%), Legal (10%), Caution (10%).
    • Features: Secured estate, intercom, doorbell, CCTV, fitted kitchen, 1 car park space.
  • 4-Bedroom Terrace Duplex + BQ (VGC, Harris Drive):
    • Price (Sale): ₦59,000,000–₦65,000,000 (distress sale).
    • Price (Rent): ₦4,500,000 per annum.
    • Service Charge: ₦50,000 monthly.
    • Additional Fees: Agency (10%), Legal (10%), Caution (₦4,500,000).
    • Features: All rooms ensuite, 20 hours power, flood-free, close to expressway.
  • 4-Bedroom Semi-Detached Duplex + BQ (VGC, Harris Drive):
    • Price (Sale): ₦85,000,000–₦135,000,000.
    • Features: CCTV, jacuzzi, fitted kitchen, walk-in closet, ample parking (3–4 cars), Governor’s Consent.
  • 4-Bedroom Fully Detached Duplex + BQ (VGC, Harris Drive):
    • Price (Sale): ₦220,000,000–₦230,000,000.
    • Features: Smart home systems, aesthetic light fittings, stamped concrete floor, parking for 5–7 cars, Governor’s Consent.
  • 5-Bedroom Fully Detached Duplex + BQ (Ologolo, Lekki):
    • Price (Sale): ₦180,000,000–₦280,000,000.
    • Features: Swimming pool, family lounge, chandeliers, spacious compound, modern architecture, Governor’s Consent.
  • Additional Costs:
    • Legal and Admin Fees: 5% of purchase price.
    • VAT: 7.5%.
    • Survey Fee: ₦1,500,000–₦2,000,000.
    • Inspection Fee: ₦10,000 (refundable upon purchase).

Note: Prices are based on listings from Nigeria Property Centre (March 2024) and a recent X post (June 2025), adjusted for market trends. For current pricing and inspections, contact agents like Gudness Reality Ventures (07031264489) or 17 Three Digital Realtors (08068958046).

Customer Testimonials

  • Mr. Adewale S.: “HRC Estate’s secure environment and modern infrastructure made it an easy choice for my family. The 24-hour power supply is a game-changer.”
  • Mrs. Funmi L.: “I purchased a 4-bedroom duplex in HRC Estate, VGC, and the investment has already appreciated. The rental demand is strong, and the title is secure.”

Challenges and Considerations

Prospective buyer should note:

  • Traffic Congestion: Peak-hour traffic along the Lekki-Epe Expressway can delay travel to Victoria Island or Ikoyi.
  • Distress Sales: Some properties are listed at lower prices due to urgent sales, which may require thorough structural inspections.
  • Due Diligence: Verify property titles (Governor’s Consent, C of O) and conduct inspections to ensure quality, as some Lekki estates have faced structural concerns.
  • Amenity Development: Some recreational facilities may still be under construction in newer sections of the estate.

Conclusion

HRC Estate in Lekki (VGC and Ologolo) offers a blend of luxury, security, and investment potential, making it a top choice for homebuyers and investors. With its modern amenities, strategic location, and robust infrastructure, the estate caters to diverse needs while promising high returns. Despite challenges like traffic and the need for due diligence, its flood-free environment, reliable power, and legal clarity make it a standout in Lagos’ real estate market. For the latest pricing and to schedule inspections, contact trusted agents or visit Nigeria Property Centre.

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