Lekki County homes is a gated residential community located within Ikota villa estate, off the Lekki-Epe expressway. It was developed by Mega Mound investment Ltd. and is a product of a joint venture between Megamound Ltd, Mayfair building society, and IFL ventures. It sits on 66.8 hectares of land.
The estate is well landscaped, with trees planted along most roads and flowers planted in front of most houses. The estate is provided with infrastructure/facilities such as roads, drainage, perimeter fence, water supply, street lights e.t.c. Buildings within the estate have a compulsory 10m setback from the street roads, and there are regulations guiding the construction of buildings within the estate. The estate has a secure gated entrance and exit, and visitors are required to call their hosts before being allowed entry. The estate management authority is generally effective as the environment is well maintained.
Typical property prices:
- Land – ₦70,000/sqm (developing areas), ₦90,000/sqm (developed areas)
- 3 bedroom terraced duplex – ₦38 million – ₦45 million
- 4 bedroom fully detached duplexes – ₦65 million – ₦90 million
- 5 bedroom fully detached duplex – ₦70 million – ₦120 million
Service charge is ₦180,000 annually while water is charged separately at ₦8000 monthly.