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Discovered:the Ultimate Ikorodu Real Estate Investment Making Investors Millions - Investment - Nairaland

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Discovered:the Ultimate Ikorodu Real Estate Investment Making Investors Millions by vikt: 3:21pm On Sep 12, 2022
The upgrade of Ikorodu township, a rapidly expanding settlement in Lagos State, to a contemporary eco-city development is in top gear as the government’s consultant has unveiled a new and ambitious programme to review the city’s spatial dynamics.

Six years ago, the Lagos State Ministry of Physical Planning and Urban Development published model city plans for Ikorodu because It’s relative closeness to Lagos and makes it the fastest growing suburb near Lagos that attracts large number of immigration of people from Lagos metropolis. And also Property buyers/investors are acquiring real estate in communities in Ikorodu because of its potential of rapid increase of migration of people to the area and accessibility to other parts of Lagos and indeed the country as a whole. For instance, Ikorodu to Ikeja is a mere 20 minutes drive on less busy days and some 45 minutes drive to Lagos Island and another 12 minutes to lekki. Also due to its waterways, Ikorodu to Victoria Island is just a thirty minutes ferry ride. Ikorodu also borders Sagamu in Ogun state; a border town that can be linked to other parts of the country.

Areas in ikorodu such as Gberigbe, Agbowa, Imota, Ibeshe, Ijede, amongst others has been concluded by the Lagos State’s Ministry of Physical Planning and Urban Development, Lagos State House of Assembly members including the majority leader, Mr. Sanai Agunbiade, and major stakeholders representing various interest groups from these towns to be part of model city plan for ikorodu due to it’s ongoing rise of population and one of this town majorly attracting a whole lot of investors is the Agbowa-ikorodu area due to it future potentials.

Agbowa sharing border with imota, lies 26 km from ikorodu garage bus-stop which is 30 minutes drive and 35 km distance from Epe just like taking a bus from ojota to mile 2,and also lies on the south bank of a creek that extends parallel to the sea from Lagos to Ikorodu which 25 minutes boat ride to lekki-ajah ferrey stations from it nearset ferry and jetty station, with a mixture of indigenes and non-indigenes.This area is welcoming some new developments from the lagos state government such as: the newly constructed 660 housing units in odo-onosa area of agbowa,the relocation of oko-oba sawmillers from ebute metta to timberville in owu-ikosi area of agbowa,the relocation of the popular mile 12 market which 5 minutes drive from agbowa, the ikorodu rice mill in imota which is 3 minutes drive from agbowa,the expansion of the itokin-imota-agbowa road alongside the ikorodu-epe road and many more.

And also so many property companies and investors are now plying that area because of it current potential which has increases the price of land such as at 2013 a plot of land at agbowa was sold for #200,000 thousand and now today the price of the land there today has soared up to #1.5 million and in 2 to 3 years time it would soar higher to as #4-6 million. Just driving along the road in agbowa, you will see a lot of ongoing house constructuion on different estates of real estate companies and most of the land are selling at a fast pace which points that this is the potential investment for current property seekers.

So if you are currently seeking for potential investment in real estate, I suggest to take a peak yourself and see the vast opprotunies that currently lies bare in the agbowa area of ikorodu. You can contact Stockland homes and properties via call/whatsapp now on 08134960955.

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