Where is Elerangbe? Elerangbe is located off Lekki-Epe Expressway, to the left, immediately after Pan Atlantic University and about 18 minutes’ drive from Abijo Bus Stop. It comprises of places like Okego Village, Tagbati all the way to Arapagi.
What Makes the Area Attractive?
Elerangbe offers the cheapest plots of land in Ibeju-lekki at present with plots selling for as low as N500, 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 include,
The Lekki International Airport: The proposed Lekki International Airport is a $450million 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 in 2019 as promised by Governor Akinwunmi Ambode, the 37.9 kilometers 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.
THE LEKKI –EPE EXPRESSWAY (IBEJU LEKKI AXIS)
Ibeju Lekki on the Lekki-Epe Expressway axis starts from Abijo up to Eleko Junction. This stretch of the expressway has a mixture of residential and commercial characteristics. The area already houses business ventures such as Eleganza Industries, Coscharis Motors head office and has a number of built-up residential estates. Of the three locations, this is where one can buy, build and live conveniently at present. From Eleko Junction to Ajah is about 20 minutes’ drive.
NOW THE QUESTION IS WHY INVEST HERE
from all said I don't have to convince you why you should invest here. The answers is right in front of you. The beauty of investing in the axis is that land prices can start from a low range.so like Dangote, almost everybody can invest there! With all these developments and infrastructure, a plot of land at Ibeju-Lekki with its C of O goes for less than 5 million Naira and lands that have documents like Registered Survey, Excision or Gazette range from 700,000 Naira to about 2.5million Naira with no land grabbers hustle it is also the fastest appreciating area in West Africa.
So what are you waiting for, reach out to me and let us help you acquire properties in Ibeju-Lekki Today and thank me later. We have so many offers for you and we can advice you based on our experience and your budget
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