Introduction

Sangotedo, located in the Eti Osa local government area of Lagos State, is rapidly transforming into one of the most sought-after real estate development and investment areas. This article provides comprehensive insights into why Sangotedo is becoming a mega-developing area and what makes it an attractive destination for homebuyers, investors, and developers.

Strategic Location

Sangotedo is strategically situated along the Lekki-Epe Expressway, offering easy access to major commercial hubs like Victoria Island, Lekki, and Ajah. This prime location ensures residents and investors enjoy the dual benefits of suburban tranquillity and urban convenience. Sangotedo also serves as a gateway to the Lekki Free Trade Zone, strategically positioning Sangotedo as a nucleus for economic expansion and improvements.

Rapid Infrastructural Development

Road Networks

Sangotedo boasts well-developed road networks, with ongoing expansions and upgrades to enhance connectivity and reduce travel time. The Lekki-Epe Expressway, a critical arterial road, ensures smooth and quick access to various parts of Lagos. The Monastery Road, a road that greatly affects the Sangotedo area, is littered with commerce and residential estates on the right and left sides. It is a fully developed interlocked road with ease of transport for people coming from the Lekki-Epe Expressway down to their own homes or down to Novare Mall.

Educational Institutions

Sangotedo is home to prestigious educational institutions, including the Lagos Business School, Crown Crest School, Splendid Steps School and several international schools. This makes it a preferred location for families seeking quality education for their children.

Healthcare Facilities

Several nearby hospitals and clinics provide residents with top-notch healthcare services. The development of new healthcare facilities is also in the pipeline, further boosting the area’s appeal.

Real Estate Boom

Residential Developments

Sangotedo has witnessed a surge in residential developments, ranging from luxurious estates to affordable housing projects. The availability of diverse housing options caters to various income groups, making it a versatile market for real estate investment. Sangotedo is home to a multitude of residential estates like:

• The Terras Garden (developed by Landwey) is the first estate from Shoprite-Novare Mall. They deal with three-bedroom terraces and four-bedroom semi-detached houses. As an estate with proximity to Novare Mall, property prices start from 72 to 73 million Naira.
• Diamond Estate
• Emperor Estate
• The Apartment, by Landwey
• Hampshire Estate was developed by UPDC, which sells service plots. This is a welcome development because on the stretch of road it exists on, you mainly see houses for sale. The size of the land ranges from 300 sqm to over 2400 sqm.
• Royal Palm Villa is a fully serviced estate with fully interlocked roads, superb drainage, water, security and other amenities.
• Flourish Gardens, developed by Revolution Plus.
• Peak Luxury Court
• Adora Court

Commercial Opportunities

Sangotedo’s commercial real estate market is also thriving, with numerous shopping malls, supermarkets, and business complexes. The presence of Blenco Supermarket, Domino’s Pizza, Paris Plaza and Novare Mall, one of the largest shopping centers in Lagos, underscores Sangotedo’s commercial potential.

Investment Opportunities

High Return on Investment (ROI)

Property prices in Sangotedo are steadily increasing, providing investors with significant ROI. The area’s rapid development and strategic location make it a lucrative investment destination.

Government Support

The Lagos State government actively supports infrastructural development in Sangotedo, further enhancing its growth prospects. Policies aimed at encouraging real estate investment and development are continually being implemented.

Lifestyle and Amenities

Recreational Facilities

Sangotedo offers many recreational facilities, including parks, sports centers, and entertainment hubs like Giwa Gardens, Lufasi Nature Park, The Tiger Active Sports Complex, and many more! These amenities contribute to a high quality of life for residents, making the area a place to live and a vibrant community in which to thrive.

Peaceful Environment

Despite its proximity to bustling commercial hubs, Sangotedo maintains a serene and peaceful environment. This balance between tranquillity and convenience is one of its most attractive features.

Conclusion

Sangotedo is undeniably a mega-developing area in Lagos State, offering a blend of strategic location, robust infrastructural development, and promising investment opportunities. Whether you’re looking to buy a home, invest in real estate, or develop a commercial project, Sangotedo presents a compelling case for consideration.

With its ongoing transformation and future growth potential, now is the perfect time to explore all Sangotedo offers.