Ocean Breeze Estate, Lekki: (Full Review + Price List)

Ocean Breeze Estate, Lekki: Full Details with Complete Breakdown and Price List

Overview

Ocean Breeze Estate is a serene, gated residential community located in Ologolo, Lekki, Lagos, Nigeria. Developed by private real estate firms, including partnerships with companies like Snika Swift Limited, this estate offers a blend of modern living and accessibility, positioned off the Lekki-Epe Expressway near Osapa London. Known for its secure environment, stable power supply, and proximity to commercial hubs like Circle Mall and Victoria Island, Ocean Breeze Estate is ideal for families, professionals, and investors seeking affordable luxury in Lekki. This article provides a comprehensive breakdown of properties and land available, including pricing, amenities, and investment potential.

Location

  • Address: Ocean Breeze Estate, Tobiloba Lawal Road, Ologolo, Lekki, Lagos, Nigeria.
  • Neighborhood Highlights:
    • Proximity: 15–20 minutes from Victoria Island, 10 minutes from Lekki Phase 1, and 5 minutes from Osapa London via Lekki-Epe Expressway. Close to Circle Mall (5-minute drive), Domino’s Pizza, and Elegushi Beach.
    • Landmarks: Opposite Agungi, near White Oak Estate, Pinnock Beach Estate, and Femi Okunnu Estate. Nearby amenities include Lekki Conservation Centre (10 minutes), Lagos Business School, and Novare Mall/Shoprite.
    • Accessibility: Accessible via Tobiloba Lawal Road off Lekki-Epe Expressway, with interlocked internal roads and effective drainage. External traffic at Jakande can be heavy during rush hours (6–9 AM, 4:30–10 PM).
    • Surroundings: Positioned in a developing residential area alongside estates like White Oak and Victory Park, with proximity to schools (e.g., Supreme House Montessori), shopping hubs, and dining options.

Property and Land Types

Ocean Breeze Estate offers a variety of residential properties and land parcels, catering to diverse budgets and preferences:

  • Residential Properties:
    • 1-Bedroom Mini Flat/Apartment: Ideal for short-lets or single occupants, often furnished with modern amenities.
    • 2-Bedroom Apartment/Maisonette: Includes boys’ quarters (BQ) in premium listings, suitable for small families or rentals.
    • 3-Bedroom Flat/Apartment: Ensuite rooms, designed for families or investment purposes.
    • 4-Bedroom Semi-Detached/Detached Duplex: Features 1-room BQ, fitted kitchens, and spacious compounds.
  • Land:
    • Sizes: 650 sqm, 1,342 sqm, and larger plots (e.g., 4 plots combined).
    • Purpose: Residential for custom homes, with limited commercial plots available.

Amenities

Ocean Breeze Estate is designed for comfort and security, with infrastructure comparable to mid-tier Lekki estates:

  • Security:
    • 24/7 gated access with CCTV surveillance and professional security personnel.
    • Visitor access requires resident approval, ensuring privacy.
  • Infrastructure:
    • Interlocked roads with functional drainage to minimize flooding.
    • Serene, well-maintained environment with streetlights and green areas.
  • Utilities:
    • 24-hour power supply via EKDC and estate generators (pay-as-you-go, ₦34–₦50 per KWH).
    • Clean water from central boreholes and treatment plants.
    • Central sewage and waste management systems.
  • Community Features:
    • Recreational facilities including swimming pools, fitness centers, and children’s play areas (e.g., in Ellsworth Gardens within the estate).
    • Proximity to dining and shopping at Ologolo’s commercial hubs.
  • Property Features:
    • Fitted kitchens with gas cookers, ovens, microwaves, and heat extractors.
    • Ensuite rooms with walk-in closets, Jacuzzis, and luxury sanitary wares.
    • Smart TVs, WiFi, Netflix, and air conditioning in short-let units.
    • CCTV, balconies, and interlocked compounds for parking (2–5 cars).
  • Management:
    • Managed by private developers and estate associations, ensuring upkeep.
    • Annual service charge: ₦250,000–₦420,000 (₦20,000–₦35,000 monthly), covering utilities and maintenance (excluding electricity in some cases).

Price List

Pricing for properties and land in Ocean Breeze Estate varies based on type, size, 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 Flat/Apartment:
      • Price: ₦60,000,000 (Ocean Breeze Estate, Innerworkings Property Agents, PID: 1PALVD).
      • Features: Ensuite rooms, fitted kitchen, secure estate.
      • Title: Governor’s Consent.
    • 4-Bedroom Semi-Detached Duplex:
      • Price: ₦100,000,000–₦150,000,000.
      • Details:
        • ₦100,000,000 (5-bedroom semi-detached, C of O, Ologolo, Sane Properties, 09024342099).
        • ₦140,000,000 (BQ, fitted kitchen, Jacuzzi, Future Homes, 08033389765).
        • ₦140,000,000 (BQ, JB Homes, 08066501996).
      • Features: Ensuite rooms, POP ceilings, CCTV, 1-room BQ, water heater.
      • Title: Governor’s Consent.
    • 4-Bedroom Detached Duplex:
      • Price: ₦160,000,000 (newly built, BQ, Siaca Royalle, +2347025004779).
      • Features: Fitted kitchen, walk-in closet, Jacuzzi, CCTV, stamped concrete floor.
      • Title: Governor’s Consent.
    • Average House Price: ₦130,000,000 (range: ₦90,000,000–₦150,000,000, Nigeria Property Centre).
  • Properties for Rent:
    • 1-Bedroom Mini Flat (Short-Let):
      • Rent: ₦50,000–₦70,000 per day.
      • Details:
        • ₦50,000/day (furnished, Homezplug, 09136826328).
        • ₦60,000/day (Chesed Homes, 07014610670).
        • ₦70,000/day (Landmall.ng, 09019001191).
      • Features: Fitted kitchen, WiFi, Netflix, smart TV, 24/7 power, security.
    • 1-Bedroom Mini Flat (Long-Term):
      • Rent: ₦1,200,000/month (Homezplug, 09136826328).
      • Annual Rent: ₦2,000,000 (Ocean Breeze Estate, PropertyPro.ng, PID: 5MHGX).
      • Total Package: ₦2,850,000 (rent: ₦2,000,000, service: ₦420,000, agency: 10%, legal: 10%, caution: ₦50,000).
      • Features: Fitted kitchen, 24/7 security, corporate tenants preferred.
    • 2-Bedroom Apartment (Short-Let):
      • Rent: ₦85,000–₦120,000 per day.
      • Details:
        • ₦85,000/day (Homezplug, 09136826328).
        • ₦120,000/day (Perfect Havens Luxury Services, 08039780521).
      • Features: WiFi, Netflix, washing machine, 24/7 power, housekeeping.
    • 2-Bedroom Apartment (Long-Term):
      • Rent: ₦1,750,000/month (Homezplug, 09136826328).
      • Features: Ensuite rooms, fitted kitchen, secure estate.
  • Land for Sale:
    • 650 sqm:
      • Price: ₦200,000,000 (Oip Properties, 07061276409).
      • Title: Governor’s Consent.
    • 1,342 sqm:
      • Price: ₦250,000,000 (Pablo Global Services, Nigeria Property Centre, Ref: 1283049).
      • Title: Governor’s Consent.
    • 4 Plots (Size Not Specified):
      • Price: Not explicitly listed; indicative ₦800,000,000 for 2,600 sqm at ₦307,692/sqm (Nairaland, 2019).
      • Title: Governor’s Consent.
  • Additional Costs:
    • Agency Fees: 5–10% for sales, 10% for rentals.
    • Legal Fees: 5–10% for sales, 10% for rentals.
    • Service Charge: ₦250,000–₦420,000 p.a. (₦20,000–₦35,000 monthly).
    • Caution Deposit: ₦50,000–₦100,000 for rentals.

Note: Prices are subject to change. Contact agents like Future Homes (08033389765), Homezplug (09136826328), or Sane Properties (09024342099) for updates.

Investment Potential

  • Rental Income:
    • 1-bedroom short-lets yield ₦50,000–₦70,000/day, generating ₦1,500,000–₦2,100,000/month at 30-day occupancy, ideal for proximity to Circle Mall.
    • 2-bedroom short-lets fetch ₦85,000–₦120,000/day, offering high returns for investors.
    • Long-term rentals (e.g., 1-bedroom at ₦2,000,000 p.a.) provide 3–5% returns on a ₦60,000,000 investment.
  • Capital Appreciation:
    • Properties and land appreciate by 15–25% annually due to Lekki’s growth, driven by developments like Lekki Free Trade Zone and the proposed airport.
    • Example: A 650 sqm plot at ₦200,000,000 could reach ₦230,000,000–₦250,000,000 in 1–2 years.
  • Resale Value:
    • 4-bedroom duplexes (₦100,000,000–₦160,000,000) appeal to mid-tier buyers, ensuring good resale potential in a secure estate.

Comparison with Nearby Estates

  • Pinnock Beach Estate (Osapa):
    • 500 sqm Land: ₦350,000,000–₦550,000,000; 4-Bedroom Duplex: ₦450,000,000.
    • Features: Beachfront, but higher prices and farther from expressway.
  • Victory Park Estate (Osapa):
    • 480 sqm Land: ₦240,000,000; 5-Bedroom Duplex: ₦125,000,000–₦620,000,000.
    • Features: Similar amenities, slightly more established.
  • Northern Foreshore Estate (Chevron):
    • 4-Bedroom Duplex: ₦150,000,000; Rent: ₦13,000,000 p.a.
    • Features: 24-hour power, but no short-let focus.

How to Purchase or Rent

  1. Contact Agents:
    • Reach out to verified agents like:
      • Future Homes: 08033389765 (duplexes, land).
      • Homezplug: 09136826328 (short-lets, rentals).
      • Sane Properties: 09024342099 (apartments, duplexes).
      • Oip Properties: 07061276409 (land).
    • 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 Tobiloba Lawal Road, Ologolo.
  3. Due Diligence:
    • Verify titles (Governor’s Consent, C of O) through land registry search.
    • Engage a lawyer to confirm no encumbrances.
  4. Payment Options:
    • Sales: Outright payment preferred; some listings may be negotiable.
    • Rentals: Annual payment for long-term; daily/weekly for short-lets.
  5. Documentation:
    • Obtain Governor’s Consent or C of O for sales.
    • Pay agency (5–10%), legal (5–10%), and service charges (₦250,000–₦420,000 p.a.).

Clarification

  • Ocean Breeze Estate: Located in Ologolo, Lekki, not to be confused with Ocean Breeze Estate in Ibeju-Lekki (Igbo-Olomi Town, near Dangote Refinery, 300–600 sqm plots at ₦500,000–₦950,000).
  • Development Status: Fully developed with interlocked roads, 24-hour power, and recreational facilities like pools and gyms (e.g., Ellsworth Gardens sub-community).
  • Ellsworth Gardens: A luxurious sub-section within Ocean Breeze, featuring 2-bedroom apartments with BQ, developed by Snika Swift Limited.

Conclusion

Ocean Breeze Estate, Ologolo, Lekki, offers an affordable yet luxurious lifestyle with 1–4 bedroom properties (₦60,000,000–₦160,000,000), short-let rentals (₦50,000–₦120,000/day), and land (₦200,000,000–₦250,000,000). With 24-hour security, power, and amenities like pools and gyms, it competes with Victory Park and Pinnock Beach at lower price points. Its 15–25% annual appreciation and proximity to Circle Mall make it ideal for investors and residents. Contact agents like Future Homes (08033389765) or Homezplug (09136826328) 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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