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

Overview

Twin Lakes Estate, located along the Lekki-Epe Expressway opposite Chevron Nigeria Limited Head Office in Lekki, Lagos State, Nigeria, is a premier mixed-use development spanning approximately 200 hectares. Developed by Chevron Nigeria Limited Pension Fund and constructed by Julius Berger Plc, with designs by FMA Architects, the estate is renowned for its high-quality infrastructure and luxury amenities. Featuring two artificial lakes, it offers a serene environment with scenic views of the Atlantic Ocean from its southern wing. The estate is designed to be self-sufficient, boasting a central utility plant, 24/7 power, and robust security, making it ideal for residential, commercial, and institutional purposes. Its proximity to landmarks like Chevron Headquarters and Lekki Conservation Centre enhances its appeal for investors and residents. Properties typically hold a Certificate of Occupancy (C of O) or Governor’s Consent, but due diligence is critical due to past land disputes in Lekki.

Property Features

Twin Lakes Estate primarily offers serviced plots of land for residential and commercial development, with no specific listings for completed houses or apartments. Below is a detailed breakdown based on available information.

Land for Development

Location: Opposite Chevron Head Office, Lekki-Epe Expressway, Lekki, Lagos
Property Types:
- Residential plots (670–2,519 sqm)
- Mixed-use plots (up to 17,000 sqm)
- Industrial plots (e.g., 8.2 hectares for institutional use)
Key Features:
- Dry, sand-filled land suitable for immediate construction
- Titles: C of O, Governor’s Consent, or Registered Deed of Sub-lease (70-year unexpired term)
- Fully fenced with perimeter security
- Access to interlocked roads, street lighting, and drainage
- Lakefront and non-lakefront plots with scenic views
- Central utility plant for water, sewage, and power
- High-tech infrastructure (underground electricity, water hydrant system)
Estate Amenities:
- Two artificial lakes (northern and southern wings)
- Central power plant with uninterrupted electricity
- Water and sewage treatment facilities
- Central distribution hub for voice, data, and television
- 24/7 security with CCTV, perimeter fencing, and rapid-response fire facilities
- Paved intra-estate road network
- Planned facilities: Shopping mall, amusement park, cinema, leisure park, hotel, convention centre, hospital, multipurpose hall, institutional playing fields
Nearby Landmarks:
- Chevron Nigeria Headquarters: Directly opposite
- Lekki Conservation Centre: ~5–10 minutes drive
- Lakowe Lakes Golf and Country Estate: ~15–20 minutes drive
- Novare Lekki Mall: ~15–20 minutes drive
- Victoria Island: ~25–50 minutes drive (depending on traffic)
Sources: Nigeria Property Centre, fineandcountry.ng, estateintel.com

Residential and Commercial Properties

Availability: No current listings for completed houses or apartments were found. The estate focuses on land sales for custom development.
Potential Developments (based on estate plans):
- Medium and high-density housing
- Single-family homes
- Offices, educational facilities, and medical centres
Note: Buyers can develop properties tailored to their needs, leveraging the estate’s infrastructure.
Sources: fineandcountry.ng, estateintel.com

Estate Infrastructure

Roads: State-of-the-art interlocked and asphalt roads with excellent connectivity to Lekki-Epe Expressway
Power: Central power plant ensures 24/7 electricity, supplemented by underground connections
Water: Central water treatment plant and hydrant system for clean water supply
Drainage: Well-designed drainage system, mitigating flood risks
Security: 24/7 armed security, CCTV, perimeter fencing, and rapid-response fire facilities
Waste Management: Centralized sewage treatment and waste disposal systems
Communication: Central hub for voice, data, and television transmission
Sources: fineandcountry.ng, berkly.org, estateintel.com

Price List

Pricing for land in Twin Lakes Estate varies based on size, location (lakefront vs. non-lakefront), and purpose. No listings for houses or apartments were found, as the estate primarily offers plots. Below is a detailed price list based on available listings. Prices are subject to change, and prospective buyers should contact verified agents for current figures.

Land for Sale

Small Plots (670–1,771 sqm):
- 670 sqm:
  - Price: ₦147,400,000 (at ₦220,000/sqm)
  - Features: Non-lakefront, Governor’s Consent
  - Example: Twin Lakes Estate, Chevron (Gripzace Realty Ltd, 08122266072)
- 979 sqm:
  - Price: ₦270,000,000
  - Features: C of O, quick sale
  - Example: Twin Lakes Estate, opposite Chevron (Mebreg Realtors Limited, +2348033157910)
- 1,045 sqm:
  - Price: ₦210,000,000–₦215,000,000
  - Features: C of O, mixed-use
  - Examples:
    - ₦210,000,000 (Aloda Limited, 08168064058)
    - ₦215,000,000 (Deherculean Enterprises, +2347068076609)
- 1,103 sqm:
  - Price: Not specified (estimated ₦242,660,000 at ₦220,000/sqm)
  - Features: C of O, residential
  - Example: Twin Lakes Estate (Kings Court Realtors, contact not provided)
- 1,771 sqm:
  - Price: ₦389,620,000 (at ₦220,000/sqm)
  - Features: Lakefront, Governor’s Consent
  - Example: Block T, Lot 17, Twin Lakes Estate (Gripzace Realty Ltd, 08122266072)
Medium Plots (2,000–2,519 sqm):
- 2,000 sqm:
  - Price: ₦480,000,000
  - Features: Lakefront, C of O, ideal for resort/holiday homes
  - Example: Twin Lakes Estate, Chevron (KAAN Properties Limited, contact not provided)
- 2,519 sqm:
  - Price: ₦503,800,000 (at ₦200,000/sqm)
  - Features: C of O, mixed-use
  - Example: Twin Lakes Estate, Chevron (Asorealty Global, 08033331994)
Large Plots (8.2–17 hectares):
- 8.2 hectares (82,000 sqm):
  - Price: Not specified (estimated ₦2,460,000,000 at ₦300,000/sqm)
  - Features: Mixed-use, C of O, suitable for institutional development
  - Example: Twin Lakes Estate via Broll Nigeria (estateintel.com)
- 17,000 sqm:
  - Price: ₦5,100,000,000 (at ₦300,000/sqm)
  - Features: C of O, suitable for commercial/residential
  - Example: Twin Lakes Estate, Chevron (360 DEGREE PROPERTIES LTD, 09137785096)
Average Price: ₦170,000,000 per plot (based on smaller plots); larger plots significantly higher
Payment Plans:
- Outright payment preferred
- 3–6 month plans for smaller plots with initial deposit (e.g., ₦20,000,000–₦50,000,000)
- Mortgage options: 15–25 years at ~6%–16% interest via National Housing Fund (NHF) or banks
Sources: Nigeria Property Centre, estateintel.com, kaanproperties.com

Houses for Sale or Rent

Availability: No current listings for completed houses or apartments were found. The estate focuses on land sales for custom builds.
Estimated Prices (based on nearby estates like Orchid Estate):
- 4-bedroom terraced duplex: ₦100,000,000–₦170,000,000 (sale)
- 4-bedroom duplex rent: ₦4,000,000–₦7,000,000 per annum
- Short-let 4-bedroom duplex: ₦100,000–₦150,000 per day
Sources: Nigeria Property Centre

Investment Potential

Twin Lakes Estate offers significant investment opportunities due to its premium location and infrastructure:

High ROI: Listings suggest over 150% ROI, with annual returns of 20%–30% through rental income or resale, driven by demand from Lekki’s elite and expatriates.
Strategic Location: Opposite Chevron Headquarters, near Lekki Conservation Centre, and accessible to Victoria Island, ensuring high demand.
Infrastructure Growth: Proximity to the Lekki Free Trade Zone, proposed Lekki International Airport, and Fourth Mainland Bridge boosts long-term value.
Lifestyle Appeal: Two artificial lakes, scenic Atlantic Ocean views, and planned amenities (e.g., mall, hospital) make it ideal for luxury homes and resorts.
Flood Mitigation: Robust drainage system ensures a flood-free environment.
Sources: kaanproperties.com, estateintel.com, fineandcountry.ng

Due Diligence

Given past land disputes in Lekki, such as the 2023 Signature Villa Estate demolition, thorough due diligence is essential:

Title Verification: Confirm C of O or Governor’s Consent through the Lagos State Land Registry or Surveyor General’s Office. Listings with Deed of Sub-lease (e.g., 70-year term) require extra scrutiny.
Developer Background: Verify agents like Gripzace Realty (08122266072), Mebreg Realtors (+2348033157910), or Broll Nigeria through reviews or past projects.
Environmental Checks: Ensure plots are not on government-acquired land or flood-prone areas, despite the estate’s drainage system.
Surveyor Services: Engage a registered surveyor to chart coordinates and verify documents.
Warning: Large plots (e.g., 17,000 sqm at ₦5.1 billion) may indicate speculative pricing; verify market value.
Sources: Nigeria Property Centre, estateintel.com

How to Proceed

To purchase land in Twin Lakes Estate, follow these steps:

Contact Agents:
- Jenic Real Estate: 07065477787
- Gripzace Realty Ltd: 08122266072
- Deherculean Enterprises: +2347068076609
- Mebreg Realtors Limited: +2348033157910
- Aloda Limited: 08168064058
- Asorealty Global: 08033331994
- 360 DEGREE PROPERTIES LTD: 09137785096
- KAAN Properties Limited: Contact via kaanproperties.com
- Broll Nigeria: Contact via broll.com.ng
- Kings Court Realtors: Contact via kingscourtrealtors.com
Verify Titles: Use a property lawyer or surveyor to confirm C of O or Governor’s Consent at the Lagos State Land Registry.
Schedule Inspections: Arrange physical or virtual tours with 24-hour notice. Avoid excessive viewing fees (recommended max: ₦5,000).
Explore Payment Plans: Inquire about 3–6 month interest-free plans or mortgage options (6%–16% interest for 15–25 years via NHF or banks).

Sources: Nigeria Property Centre, broll.com.ng, kaanproperties.com

Conclusion

Twin Lakes Estate, opposite Chevron Head Office on Lekki-Epe Expressway, is a luxury mixed-use development offering serviced plots from 670 sqm (₦147,400,000) to 17,000 sqm (₦5,100,000,000), with C of O or Governor’s Consent. Its state-of-the-art infrastructure, including 24/7 power, central utilities, and two artificial lakes, makes it ideal for residential, commercial, or institutional development. The estate’s proximity to Chevron, Lekki Conservation Centre, and planned regional developments ensures strong investment potential with 20%–30% annual returns. However, thorough title verification is critical due to Lekki’s history of land disputes. Contact verified agents for current pricing and inspections.

Disclaimer: Prices and availability are subject to change. Always verify details with property management or authorized agents before making financial commitments.

Twin Lakes Estate, Lekki: (Full Review + Price List)