Northern Foreshore Estate, Lekki: (Full Reviews and Price List)

Northern Foreshore Estate, Lekki: Full Details with Complete Breakdown and Price List

Overview

Northern Foreshore Estate, developed by Aircom Nigeria Limited, is a highbrow residential serviced estate located along Chevron Drive, Lekki, Lagos, Nigeria. Spanning approximately 62 hectares, this gated community is renowned for its 24-hour electricity, robust security, and modern infrastructure, making it one of the best-managed estates in Lekki, comparable to Carlton Gate, Pinnock Beach, and Victoria Garden City (VGC). Strategically positioned near Chevron Headquarters and the Lekki-Epe Expressway, it offers a serene environment with proximity to Victoria Island (20-minute drive) and key amenities like Circle Mall, Lagos Business School, and Elegushi Beach. This article provides a comprehensive breakdown of properties and land available in Northern Foreshore Estate, including pricing, amenities, and investment potential.

Location

  • Address: Northern Foreshore Estate, Chevron Drive, Lekki, Lagos, Nigeria.
  • Neighborhood Highlights:
    • Proximity: 20 minutes from Victoria Island, 10 minutes from Lekki Phase 1, and 5 minutes from Ajah via Lekki-Epe Expressway. Close to Chevron Headquarters, Circle Mall (5-minute drive), and Lekki Conservation Centre.
    • Landmarks: Near Bourdillon Court, Cardogan Estate, and Victory Park Estate. Other amenities include Greensprings School, Novare Mall/Shoprite, and Lagos Business School.
    • Accessibility: Accessible via Chevron Drive, a well-paved road off Lekki-Epe Expressway, with a secondary entrance near Agungi. The estate’s internal roads are interlocked, and drainage systems minimize flooding, though external traffic at Ajah can be heavy during rush hours (6–9 AM, 4:30–10 PM).
    • Surroundings: Positioned in a high-demand area with upscale estates like Cowrie Creek, Pinnock Beach, and Lekki Foreshore, offering a mix of residential and commercial developments.

Property and Land Types

Northern Foreshore Estate comprises 95% single-family homes (bungalows and duplexes) on 200–450 sqm plots and 5% blocks of 4-bedroom bungalows. Current listings include:

  • Residential Properties:
    • 3-Bedroom Detached House: Modern, ensuite rooms, ideal for small families or rentals.
    • 4-Bedroom Detached Bungalow: Includes 1-room boys’ quarters (BQ), all rooms ensuite, with spacious compounds.
    • 4-Bedroom Detached/Semi-Detached Duplex: Features 1–2 room BQ, fitted kitchens, and ample parking.
    • 5-Bedroom Detached Duplex: High-end units with elevators, swimming pools, and smart home automation in premium listings.
    • 6-Bedroom Detached Duplex: Spacious, fully automated units with 2-room BQ, gyms, and pools.
    • 2-Bedroom Apartment: Available in nearby estates like Maven Flats, used as a benchmark for rentals.
    • Boys’ Quarters (BQ): Standalone units for rent, suitable for single occupants.
  • Land:
    • Sizes: 607 sqm, 600 sqm, and larger plots (e.g., 800 sqm for tenanted properties).
    • Purpose: Residential plots for custom homes, with limited availability due to the estate’s developed status.

Amenities

Northern Foreshore Estate is designed for luxury and functionality, with infrastructure rivaling top Lekki estates:

  • Security:
    • 24/7 mobile police patrol and corporate security personnel.
    • CCTV surveillance, access-control systems, and secure gated entry.
  • Infrastructure:
    • Fully paved, interlocked road network with effective drainage to prevent flooding.
    • Serene, well-landscaped environment with flowers and green areas.
  • Utilities:
    • 24-hour power supply via estate-owned power plants and EKDC connection, with individual meters (₦34 per KWH).
    • Clean, treated water supply through central boreholes and treatment plants.
    • Central sewage and waste management systems.
  • Community Features:
    • Central swimming pool, gym, and sports centre (tennis court, football arena).
    • Children’s playground and adult sporting facilities.
    • Serene ambiance for family leisure walks, with footpaths and pavements.
  • Property Features:
    • Fitted kitchens with microwaves, ovens, gas cookers, and refrigerators.
    • Ensuite rooms with walk-in closets, water heaters, and POP ceiling finishes.
    • Smart home automation, elevators, and cinemas in premium units (e.g., 5–6 bedroom duplexes).
    • Spacious compounds with parking for 4–10 cars and garden spaces.
  • Management:
    • Managed by Aircom Nigeria Limited, ensuring professional upkeep.
    • Annual service charge: ₦650,000–₦1,500,000 (₦54,167–₦125,000 monthly), covering power, water, security, and maintenance.

Price List

Pricing for properties and land in Northern Foreshore Estate varies based on size, condition, and features. Below is a detailed price list based on available listings as of June 2025 (subject to verification with agents):

  • Properties for Sale:
    • 3-Bedroom Detached House:
      • Price: ₦110,000,000 (new, elegantly finished, Chevron Drive, PropertyPro.ng, PID: 3LHLQ).
      • Features: All rooms ensuite, fitted kitchen, serene estate, 24-hour power.
      • Title: Certificate of Occupancy (C of O).
    • 4-Bedroom Detached Bungalow:
      • Price: ₦110,000,000–₦135,000,000.
      • Details:
        • ₦110,000,000 (all ensuite, gated estate, Bevel Realtors, bevelrealtors.com).
        • ₦135,000,000 (Redwood Street, 423.4–640 sqm, PropertyPro.ng, PID: 2PATFV).
      • Features: 1-room BQ, fitted kitchen, spacious compound, 24-hour security.
      • Title: C of O, Deed of Assignment.
    • 4-Bedroom Detached/Semi-Detached Duplex:
      • Price: ₦150,000,000–₦355,000,000.
      • Details:
        • ₦150,000,000 (600 sqm, 2-room BQ, home office, PropertyPro.ng).
        • ₦355,000,000 (slightly negotiable, Governor’s Consent, Trovit).
      • Features: Ensuite rooms, fitted kitchen, 24-hour power, good drainage.
      • Title: Governor’s Consent, C of O.
    • 5-Bedroom Detached Duplex:
      • Price: ₦150,000,000–₦700,000,000.
      • Details:
        • ₦150,000,000 (tenanted, 800 sqm, PropertyListHub, PID: 48671).
        • ₦250,000,000 (85% complete, pool, gym, 07065266133).
        • ₦700,000,000 (elevator, pool, cinema, smart home, 07065266133).
      • Features: 2-room BQ, 5–10 car parking, smart automation, CCTV.
      • Title: C of O, Building Approval.
    • 6-Bedroom Detached Duplex:
      • Price: ₦490,000,000–₦1,200,000,000.
      • Details:
        • ₦490,000,000 (600 sqm, 2-room BQ, gym, Ticino Group, 08138504813).
        • ₦1,200,000,000 (elevator, pool, gym, fully automated, Property Expert, 09125002038).
      • Features: Full piling, raft foundations, mini kitchenette, spacious compound.
      • Title: C of O, Building Approval.
    • Average Price for Houses: ₦274,351,852 (PropertyPro.ng, May 2025).
  • Properties for Rent:
    • Boys’ Quarters (BQ):
      • Rent: ₦700,000 per annum.
      • Details: Spacious, fits 4×6 bed, total package ₦1,600,000 (rent: ₦700,000, agency: ₦100,000, legal: ₦100,000, service charge: ₦650,000, caution: ₦50,000, Regis Properties, 08136452755).
    • 2-Bedroom Apartment (Maven Flats, nearby):
      • Rent: ₦90,000–₦105,000/day (short-let, Olivegrove Homes, 08066393494).
      • Features: 24-hour power, security, WiFi, Netflix, furnished kitchen.
    • 4-Bedroom Terrace Duplex:
      • Rent: ₦15,000,000 per annum.
      • Details: Corner piece with BQ, service charge paid to estate management, Trovit.
      • Additional Costs: Agency (10%), legal (10%), caution (₦1,000,000).
    • 4-Bedroom Detached Duplex:
      • Rent: ₦13,000,000–₦15,000,000 per annum.
      • Details:
        • ₦13,000,000 (tennis court, playground, Spc Estate Chariots, 08108271226).
        • ₦14,000,000 (Bigcity Realties, 08093886959).
        • ₦15,000,000 (renovated, Oladivine Properties, 08063795646).
      • Additional Costs: Agency (10%), legal (10%), caution (₦1,000,000).
    • 5-Bedroom Detached Duplex:
      • Rent: ₦13,000,000 per annum (Epsom Street, Real And Reliable Homes, 09076012944).
      • Features: 2-room BQ, spacious compound, 24-hour power.
    • Average Rent for Houses: ₦7,000,000 per annum (PropertyPro.ng, June 2025).
  • Land for Sale:
    • 607 sqm:
      • Price: Not explicitly listed, but indicative range ₦200,000,000–₦250,000,000 based on similar estates (e.g., Cardogan, Victory Park).
      • Title: Global C of O (Jiji.ng, Samuel Adedoyin).
    • 800 sqm:
      • Price: ₦150,000,000 (tenanted 5-bedroom house included, PropertyListHub).
  • Additional Costs:
    • Agency Fees: 5–10% for sales, 10% for rentals.
    • Legal Fees: 10% for rentals, 5–10% for sales documentation.
    • Service Charge: ₦650,000–₦1,500,000 p.a., covering power, water, security, and maintenance.
    • Caution Deposit: ₦50,000 (BQ) to ₦1,000,000 (duplexes).

Note: Prices are subject to change. Contact agents like Ticino Group (08138504813), Property Expert (09125002038), or Oladivine Properties (08063795646) for updates.

Investment Potential

  • Rental Income:
    • 4-bedroom duplexes yield ₦13,000,000–₦15,000,000 annually, offering 5–8% returns on a ₦150,000,000–₦355,000,000 investment.
    • 2-bedroom short-lets (nearby Maven Flats) fetch ₦90,000–₦105,000/day, ideal for high occupancy near Chevron and Circle Mall.
    • BQs yield ₦700,000 p.a., suitable for budget rentals.
  • Capital Appreciation:
    • Properties in Chevron, Lekki, appreciate by 20–30% annually due to proximity to commercial hubs and infrastructure growth (e.g., Lekki Free Trade Zone, proposed airport).
    • Example: A ₦150,000,000 5-bedroom duplex could resell for ₦180,000,000–₦200,000,000 in 2–3 years.
  • Resale Value:
    • Premium 5–6 bedroom duplexes (₦700,000,000–₦1,200,000,000) with elevators and smart features attract expatriates and high-net-worth buyers, ensuring strong resale potential.

Comparison with Nearby Estates

  • Carlton Gate Estate (Chevron):
    • 5-Bedroom Duplex: ₦650,000,000; Rent: ₦15,000,000 p.a.
    • Features: Similar amenities, developed by Megamound, slightly higher prices.
  • Pinnock Beach Estate (Osapa):
    • 600 sqm Land: ₦650,000,000–₦750,000,000; 4-Bedroom Duplex: ₦400,000,000.
    • Features: Beachfront, less central than Northern Foreshore.
  • Victory Park Estate (Jakande):
    • 624 sqm Land: ₦220,000,000; 4-Bedroom Duplex: ₦200,000,000.
    • Features: Affordable, but fewer luxury amenities.

How to Purchase or Rent

  1. Contact Agents:
    • Reach out to verified agents like:
      • Ticino Group: 08138504813 (6-bedroom duplexes).
      • Property Expert: 09125002038 (premium duplexes).
      • Oladivine Properties: 08063795646 (rentals).
      • Spc Estate Chariots: 08108271226 (4-bedroom duplexes).
    • Check listings on Nigeria Property Centre (nigeriapropertycentre.com) or PropertyPro.ng.
  2. Site Inspection:
    • Schedule visits (Monday–Saturday, 8:00 AM–8:00 PM, 2-hour notice) via Chevron Drive, Lekki.
  3. Due Diligence:
    • Verify titles (C of O, Governor’s Consent, Deed of Assignment) through land registry search.
    • Engage a lawyer to review documents and confirm no encumbrances.
  4. Payment Options:
    • Sales: Outright payment preferred; some listings (e.g., ₦355,000,000 duplex) are slightly negotiable.
    • Rentals: Annual payment required; 2-year leases may offer discounts.
  5. Documentation:
    • Obtain C of O, Governor’s Consent, or Deed of Assignment.
    • Pay agency (5–10%), legal (5–10%), and service charges (₦650,000–₦1,500,000 p.a.).

Clarification

  • Northern Foreshore Estate: Located in Chevron, Lekki, not Lekki Phase 1, though accessible via Lekki-Epe Expressway. Developed by Aircom Nigeria, not Megamound or UPDC.
  • Development Status: Fully developed with 24-hour power, water, and security, making it a top-tier estate in Lekki.
  • No Flats for Sale: Current listings focus on bungalows, duplexes, and limited land; flats are available in nearby estates like Maven Flats.

Conclusion

Northern Foreshore Estate, Chevron, Lekki, offers a luxurious lifestyle with 3–6 bedroom houses (₦110,000,000–₦1,200,000,000), rentals (₦700,000–₦15,000,000 p.a.), and limited land (₦150,000,000–₦250,000,000). With 24-hour power, security, and amenities like tennis courts and pools, it rivals Carlton Gate and Pinnock Beach. Its location near Chevron Headquarters and Circle Mall, combined with 20–30% annual appreciation, makes it ideal for families and investors. Contact agents like Ticino Group (08138504813) or Property Expert (09125002038) and conduct due diligence to secure your investment.

Disclaimer: Prices and availability are subject to change. Verify all details with licensed real estate agents before proceeding.

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