Land For Sale In Ikeja (6)
LAND FOR SALE IN IKEJA LAGOS (6.6018° N, 3.3515° E)
The capital of Lagos State is Ikeja. A local government located on the Lagos Mainland. It is found North West on the Map of Lagos State. The Murtala Muhammed Airport is located in Ikeja. Ikeja has turned into a notable commercial and industrial city just like most Local Governments Areas in Lagos state. Factories and head offices of some manufacturing companies can be found in Ikeja. Areas in Ikeja are Agidingbi, Alausa, Magodo, Maryland, Ogba, Ojodu, Opebi, Oregun, and Ikeja GRA.
We will be concentrating more on Ikeja GRA.
IKEJA GOVERNMENT RESERVED AREA
Previously Ikeja GRA was predominantly a residential area. However this is no longer the case as there quite a lot of commercial activities going on in the area in different forms such as restaurants, bars and lounges, hotels and suites, supermarkets, mini-marts, financial institutions as well as various private ventures.
Ikeja GRA is a high brow residential area and has a lot of top ranking government officials residing there. The area is well maintained, reasonably secured, serene and highly conducive. Many families reside here due to these aforementioned factors.
Those residing in Ikeja GRA, can easily reach basic amenities, banks, government parastatals which include Police head office, land registry, amongst others as well as various relaxation spots. Everything is indeed within reach for people living in Ikeja GRA.
The residential properties in Ikeja GRA, come in various forms such as detached houses, bungalows or semi-detached duplexes, serviced apartments amongst others.
Typical property prices:
A 3 bedroom flat can be rented for 3 million naira to 5 million naira.
A 4 bedroom semi-detached duplex can be rented for 12 million naira and sold for about 350 million naira to 600 million naira.
Land on the other hand goes for about 170,000 naira per Sqm. This however, largely depends on the location.
As earlier pointed out, the Murtala Mohammed airport is in this area, and this has promoted commercial activities in Ikeja. Moreso, the high population of Lagos is well known so it’s quite expected that a place such as Ikeja will be seen as an opportunity by many to execute their various commercial ideas. A lot of shopping complexes, restaurants, super markets and various business establishments have taken root in the area and this has led to quick and steady appreciation of properties in the area over the years. Hence properties of any kind in Ikeja are in very high demand as returns are sure to be made whether the property is acquired for personal purposes or for business purposes.
OTHER AREAS IN LAGOS
All are filed under LAND FOR SALE IN LAGOS