Vintage Park 2 Estate, Lekki: (Full Review + Price List)

Vintage Park 2 Estate, Lekki: Full Details With Complete Breakdown + Price List

Overview

Vintage Park 2 Estate, developed by SAMTL Properties Ltd., is a premium residential estate located in Osapa London, Lekki, Lagos State, Nigeria, near the 4th Roundabout along the Lekki-Epe Expressway. Positioned close to the House on the Rock Church and Toyota, it offers a serene, secure environment with modern infrastructure, catering to middle- and high-income residents, professionals, and expatriates. The estate is known for its high-quality construction by reputable contractors and features primarily semi-detached duplexes with modern amenities. Its proximity to key landmarks like Circle Mall (Shoprite), Lekki Conservation Centre, and Chevron Nigeria Headquarters enhances its appeal for both residents and investors. 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, such as the 2023 Signature Villa Estate demolition.

Property Features

Vintage Park 2 Estate offers residential properties, primarily 4-bedroom semi-detached duplexes, with some land available for custom development. Below is a detailed breakdown based on available information.

Residential Properties

  • Location: Osapa London, near 4th Roundabout, Lekki-Epe Expressway, Lekki, Lagos
  • Property Types:
    • 4-bedroom semi-detached duplexes with Boy’s Quarter (BQ)
    • Limited apartments and short-let options (based on nearby estates)
  • Key Features:
    • All rooms ensuite with high-quality sanitary wares (e.g., walk-in showers, water heaters)
    • Fully fitted kitchens with appliances (microwave, oven, gas/electric stoves, heat extractor)
    • Spacious living areas with POP ceilings, tiled floors, and aesthetic light fittings
    • Fitted wardrobes and Italian-designed security doors
    • Ample parking (3–4 cars per duplex)
    • 24-hour power supply with individual meters
    • Clean water supply via central treatment plant
    • Interlocked compounds and well-channeled drainage
    • Balconies and CCTV in select units
  • Estate Amenities:
    • Central swimming pool
    • Fully equipped gym
    • Playground and sports center for kids and adults
    • 24/7 armed security with CCTV and access control
    • Centralized waste management
    • Paved roads and street lighting
  • Nearby Landmarks:
    • Circle Mall (Shoprite): ~5–10 minutes drive
    • House on the Rock Church: ~2–5 minutes drive
    • Lekki Conservation Centre: ~10 minutes drive
    • Chevron Nigeria Headquarters: ~10 minutes drive
    • Novare Lekki Mall: ~10–15 minutes drive
    • Victoria Island: ~25–50 minutes drive (depending on traffic)
  • Sources: Nigeria Property Centre, PropertyPro.ng, PrivateProperty.com.ng, 360human.com.ng

Land for Development

  • Sizes Available: 600 sqm
  • Features:
    • Dry, sand-filled land suitable for residential or commercial development
    • Titles: C of O or Governor’s Consent
    • Fully serviced with good road network, drainage, electricity, and security
  • Examples:
    • 600 sqm in Vintage Park 2 Estate, near 4th Roundabout: ₦96,000,000 (at ₦160,000/sqm)
    • Source: Ubosi Eleh & Co (Ref: 292007)
  • Note: Land listings are limited; prices are based on historical data from 2018 and may have increased.

Estate Infrastructure

  • Roads: Well-paved, interlocked roads within the estate; Lekki-Epe Expressway is in good condition
  • Power: Central stable power supply with individual meters; 24-hour electricity
  • Water: Central water treatment plant ensuring clean water supply
  • Drainage: Well-designed drainage system to minimize flooding
  • Security: Gated estate with 24/7 armed security, CCTV, and controlled access
  • Waste Management: Centralized system managed by estate authorities
  • Sources: 360human.com.ng, Neighbourhoodreview.com

Price List

Pricing for properties in Vintage Park 2 Estate reflects its premium location and amenities. Below is a detailed price list based on available listings and comparable properties in Osapa London. Prices are subject to change, and prospective buyers or renters should contact verified agents for current figures.

Houses for Sale

  • 4-Bedroom Semi-Detached Duplex:
    • Price: ₦85,000,000–₦90,000,000
    • Features: Ensuite rooms, BQ, fitted kitchen, central pool, gym, playground, 24-hour power, C of O or Governor’s Consent
    • Examples:
      • ₦85,000,000: 4-bedroom semi-detached with BQ, basic finishing (wardrobes, lighting, sanitary wares, POP ceiling), Vintage Park 2, Osapa (360human.com.ng)
      • ₦90,000,000: Brand new 4-bedroom semi-detached with BQ, Vintage Park 2, Osapa (Joossa Realtors, PID: JOOS1176)
    • Average Price: ₦87,500,000
  • Payment Plans:
    • Outright payment preferred
    • Installments: Up to 2 years with initial deposit (e.g., ₦20,000,000–₦30,000,000)
    • Mortgage options: 15–25 years at ~6%–16% interest via National Housing Fund (NHF) or banks
    • Documentation Fee: ₦500,000 per unit
  • Sources: 360human.com.ng, PropertyPro.ng

Houses for Rent

  • 4-Bedroom Semi-Detached Duplex:
    • Rent: ₦6,000,000–₦7,000,000 per annum
    • Additional Fees:
      • Agency Fee: 10% (₦600,000–₦700,000)
      • Legal Fee: 10% (₦600,000–₦700,000)
      • Service Charge: ₦660,000–₦4,200,000 annually (varies by unit)
      • Caution Fee: 5%–10% (₦300,000–₦700,000)
    • Features: 24-hour power, spacious rooms, furnished kitchen, luxurious bathrooms, top-notch security
    • Examples:
      • ₦6,000,000 (2-year payment): 4-bedroom semi-detached with BQ, Vintage Park Estate, Osapa London (Cicero Services, 07034273200)
      • ₦7,000,000: 4-bedroom semi-detached with BQ, 24-hour light, Osapa London (Cicero Services, 07034273200)
    • Average Rent: ₦6,500,000
  • Sources: Nigeria Property Centre, PropertyPro.ng

Short-Let Houses

  • 4-Bedroom Semi-Detached Duplex:
    • Rent: ₦100,000–₦150,000 per day (estimated based on nearby estates)
    • Features: Fully furnished, 24/7 power, Wi-Fi, Netflix, DSTV, pool, gym
    • Example: 4-bedroom duplex, Osapa London, ₦120,000/day (Airbnb, comparable estates)
    • Additional Fees:
      • Caution Fee: ₦50,000–₦100,000 (refundable)
      • Agency Fee: Varies by platform
  • Sources: Airbnb

Land for Sale

  • Plots (600 sqm):
    • Price: ₦96,000,000 (at ₦160,000/sqm, 2018 pricing)
    • Features: Serviced plot, C of O or Governor’s Consent, good road network, drainage, security
    • Example: 600 sqm, Vintage Park Estate, 4th Roundabout (Ubosi Eleh & Co, Ref: 292007)
    • Note: Prices may have increased; contact agents for current rates
    • Payment Plans:
      • Outright payment preferred
      • 3–12 months plans with initial deposit (e.g., ₦10,000,000–₦20,000,000)
  • Sources: Ubosi Eleh & Co

Investment Potential

Vintage Park 2 Estate offers strong investment opportunities due to its location and infrastructure:

  • ROI: Properties yield 15%–25% annual returns through rental income or resale, driven by demand in Osapa London.
  • Strategic Location: Proximity to Circle Mall, House on the Rock Church, and Chevron supports rental demand from professionals and families.
  • Infrastructure Growth: Developments like the Lekki Free Trade Zone, proposed Lekki International Airport, and Fourth Mainland Bridge are expected to boost property values.
  • Lifestyle Appeal: Central amenities (pool, gym, playground) and short-let potential (e.g., Airbnb) enhance investor interest.
  • Flood Mitigation: Effective drainage systems reduce flooding risks, a key advantage in Lekki.
  • Sources: Neighbourhoodreview.com, 360human.com.ng

Due Diligence

Given past land disputes in Lekki, 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 only Deeds require extra scrutiny.
  • Agent Background: Verify agents like Cicero Services (07034273200) or Joossa Realtors (contact via PropertyPro.ng) through reviews or past projects.
  • Environmental Checks: Ensure properties are not on government-acquired land or flood-prone areas.
  • Surveyor Services: Engage a registered surveyor to chart coordinates and verify documents.
  • Warning: Older listings (e.g., 2018 land prices) may not reflect current market rates; verify pricing.
  • Sources: Nigeria Property Centre, PropertyPro.ng

How to Proceed

To purchase or rent in Vintage Park 2 Estate, follow these steps:

  1. Contact Agents:
    • Cicero Services: 07034273200
    • Joossa Realtors: Contact via PropertyPro.ng (PID: JOOS1176)
    • Ubosi Eleh & Co: Contact via estateagentsng.com (Ref: 292007)
    • Short-let bookings: Airbnb (airbnb.com)
  2. Verify Titles: Use a property lawyer or surveyor to confirm C of O or Governor’s Consent at the Lagos State Land Registry.
  3. Schedule Inspections: Arrange physical or virtual tours with 24-hour notice. Inspection fees: ₦5,000–₦10,000.
  4. Explore Payment Plans: Inquire about 2-year installment plans or mortgage options (6%–16% interest for 15–25 years via NHF or banks).
  • Sources: Nigeria Property Centre, PropertyPro.ng, 360human.com.ng

Conclusion

Vintage Park 2 Estate in Osapa London, Lekki, offers modern living with 4-bedroom semi-detached duplexes priced from ₦85,000,000 to ₦90,000,000 for sale, ₦6,000,000 to ₦7,000,000 per annum for rent, and approximately ₦100,000 to ₦150,000 per day for short lets. Serviced 600 sqm plots are available at ₦96,000,000 (2018 pricing). With 24-hour power, central amenities like a pool and gym, and proximity to Circle Mall and Chevron, it’s ideal for residents and investors. Thorough title verification is critical due to Lekki’s history of land disputes. Contact verified agents or Airbnb 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.

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