08/08/2018
NARRATIVE EXPERIENCE FROM A COLLEAGUE
My name is *Oyedepo John* and I am a real estate consultant. Basically, my job is to bring genuine properties from developing areas to my clients to yield high return on investment within few years.
This is my advise to you on why you should consider investing in Ibeju Lekki properties right now.
The Ibeju-Lekki axis you're seeing is the same location where the Lagos state government site the largest Free Trade Zone in West Africa - called the *Lekki Free Trade Zone*.
This Free Trade Zone will open up this axis and will surely surparse the development seen in Lekki Phase 1 of today.
The FTZ is the idea of the state government, and partners 4 big Chinese consortiums and ever since work have not stop on the site to bring it into actualization.
Now, less than 2 minutes drive from the Free Trade Zone is where the richest man in Africa is constructing his *Refinery and Fertilizer Plants*.
The Dangote Refinery is going to be the largest private refinery in Africa come 2019, *producing 650,000bpd*. Beside it is the Fertilizer Plant.
Dangote is going to generate his own electricity, which he can not consume all. So he is going to push it to neighbouring towns and countries interested.
The same road where Lekki Free Trade Zone and Dangote Refinery are sited, is the same road most of our estates are located - about 5 to 15 minutes drive apart.
In few years to come, once all the mega projects materialize, this axis of Ibeju-Lekki will shoot up commercially and industrially.
*Value of properties in this axis will multiply* and early grabbers will benefit highly from the development in few years time.
Also happening in this axis include the new *Lekki International Airport*, *Deep Seaport* - largest in West Africa, *Dangote Jetty*, *Smart City Lagos*, ongoing construction of an *alternative road* linking the FTZ to Lekki-Epe Expressway and dualization of the *Coastal Road into 8 lanes*.
Other companies already operating in the axis are Power Oil (owner of Indomie), Goodwill Technologies Nigeria, several private gated estates, etc. And *Shoprite Ibeju-Lekki* is already positioning itself as we speak.
And this axis we are talking about is just 50 minutes drive from Ajah bus stop.
And this is the future go-to area of Lagos as it is already termed 'THE NEW LAGOS' and the *Dubai of Africa*.
Even companies are now positioning themselves in the axis waiting for 2 to 3 years for the axis to shoot up.
Sir, as a real estate consultant, I will advise you position yourself in this axis as early as possible because landed properties are still very cheap here.
And the most interesting part is... it *appreciate faster than anywhere else* in the country.
An example is Westwood Park that was sold for 8.4m in March 2017. As I write, this estate is going for 16m. That is over 7m profit within a year.
I took a client to that axis few months back, he was lamenting how he missed the opportunity of investing just 50k in Maroko (now Lekki) back in the 90s. And promised to never let this opportunity (investment in Ibeju-Lekki)
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