Elerangbe is a region of Ibeju Lekki located off Lekki-Epe Expressway, to the left, immediately after Ibeju Agbe Town and about 25 minutes’ drive from Sangotedo Bus Stop. It comprises of places like Mayinre, Oriba and Oke Ogun.
Elerangbe offers the cheapest plots of land in Ibeju-lekki at present with plots selling for as low as N650,000 in some areas. Although this axis looks relatively undeveloped, the many proposed key developmental projects coming will open it up to rapid development. This is responsible for the growing interest by property investors. Some of the projects are as follows:
The Lekki International Airport: The proposed Lekki International Airport is a mega million dollar project located off Lekki-Epe Expressway towards Epe. It is about 4 minutes’ drive from Elerangbe. The Airport is planned to cover 3, 000 hectares of land.
4th Mainland Bridge: When completed, the 37.9 kilometres 4th Mainland Bridge is principally meant to link Ikorodu and Ajah/Badore through the Elerangbe axis, traversing to North-West direction towards the Lagoon shoreline to Lagos-Ibadan Expressway. This is another reason Elerangbe is gradually becoming a choice location. With the bridge in place, it means that residents of Elerangbe will have easy access route to the Mainland as well as other Island locations.
Free Trade Zone: At present, it may be hard to establish the possibility of Elerangbe benefiting hugely from the much talked about Lekki Free Trade Zone considering that it would take 50 minutes to drive to the zone from Elerangbe. However, a direct link road between the two locations is being proposed. This will reduce the distance to about 15 minutes’ drive.
For investors interested in this area, these are some of our estates currently selling:
Casadiora Homes Estate is a large piece of all dry land with a short drive to the major road and the Lekki International Airport. It is free from encumbrances and with either a down payment or monthly installment, you can own a plot of land in this amazing estate.
Title: Excision in Progress
Full Payment: N1,200,000.00 per plot 600sqm.
Installment Payment: N1,800,000.00 per 600sqm.
N150,000 Monthly for 12 months
Kings & Queens Estate is just one of its kind. This is one of our most strikingly amazing properties; it is specifically designed to meet the desires of our clientele who have a taste for compact and mini place of residence and are ready to invest and reap benefits in the future. When you talk about proximity to the proposed 4th Mainland expressway, the dryness and sandiness of the soil type, the enviable location and size of the estate coupled with the pricing of the land, you can’t get it better.
Title: Registered Survey/Layout
Full Payment: N650,000.00 per plot 600sqm.
Installment Payment: N1,020,000.00 per 600sqm.
N85,000.00 Monthly for 12 months
Other estates along the axis from Check D’Deck Homes are coming soon, already one of our estate Pleasant Bay is already sold out.
Act now, let’s help you start the journey to securing your future with this great opportunity and benefits.