As a versatile property manager, I once predicted that Ikorodu is the next real estate hub of Lagos but critics were quick to say that such prediction is targeted at luring investors.

There was this 2 plots of land right besides my house around Ijede that was offered for sale at N1.5m about 2 months ago. We were at the verge of sealing its sales to an investor when news filtered in about the proposed road construction. The owner promptly cancelled further negotiations and insisted he is no longer selling. He is a wise man! Major road network among other things is one of the factors that determines the price of landed properties in most parts of the world.

In another instance, for those of you familiar with Ikorodu, 0ak hospital situated at Agric bus stop is a major landmark before entering the core of Ikorodu if you are not entering through Ogolonto. Its car park was earmarked for demolition to pave way for the new road and by all standard thats a major blow to its thriving operation. To remedy this, the Medical Director decided to negotiate the purchase of a plot of land behind the hospital. He was asked to cough out N20m for it. A property begging to be bought for N12m about two months ago!

The lesson is that investors are advised to make hay while the sun shines. There are still landed properties whose owners are not yet aware of the implication of the road project.

Vicoloni & Percee Ltd. is a registered property management company based in Ikorodu with power of attorney to buy and sell landed properties on behalf of direct owners.

Call 08065344562 or send mail request to vicolonipercee@gmail.co.uk for a list of properties we have for sale and deals brokered successfully.