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This estate which is called Frankincense Garden is an amazing one with a Beach front, (that is, it is facing the beach). It has a Registered Survey and Deed of Assignment Document, which makes it free from government and community issues.
It is facing the Federal Lagos - Calabar Coastal road that connects the already functional dangote refinery, and Lekki Sea port through Eleko axis, and leads straight down to Victoria Island.
Investing here gives you a sky high return on investment in a short period of time, as neighbouring estates (Amen estate phase 2), already sell at 17million naira per plot. Due to this estate's location, and proximity to Victoria Island, and prominent landmarks such as the new proposed international airport site, the dangote refinery, dangote jetty, the now operational Lekki Sea port, and the Lekki Free Trade zone etc. It is only a matter of time before this estate's (Frankincense Garden) price goes up to that amount too.
Hence investors who buy in now at the current selling price of 9million Naira per plot (500sqm), are in for a massive profit margin in a short while.
N.B: (Development Fee hasn't been fixed yet)
There are activities already by the government to expand the coastal road which is already motorable, and which our estate faces, to make it a six (6) lane road, due to the commercial activities the road would serve soon. And this construction would definatly ensure the estate's price skyrockets too.
Therefore the best time to invest is NOW..
I do encourage investors who missed out on Lekki Phase 1 and 2, VGC, and banana island, not to miss out on this very estate, as this area's land value is already projected to be greater than the aforementioned areas in Lagos.
Need help on how to go about investing here? WhatsApp or call us at +2347033739952
We would love to take you on an inspection of this lovely estate.
| Property Ref: 3202912 | Added On: 14 Nov 2025 | Last Updated: 14 Nov 2025 |
| Market Status: Available | Type: Mixed-use Land | Covered Area: 500 sqm |
Ibeju-Lekki is an intriguing location due to the number of significant infrastructure development projects in the area. The Dangote Refinery, the Lekki Deep-Sea Port, and the Lekki International Airport are among them.
If you enjoy shopping, do not worry because Ibeju-Lekki has a plethora of options for you to choose from. For indoor shopping, go to AGMART, Dannymart Supermarket, and La Paz Mall, and for open-air shopping, go to Akodo and akara markets.
In Ibeju-Lekki, there are many estates where opulence meets functionality. Amen Estate, Crown Estate, and Roseberry Estate are among them.
Ibeju-popularity Lekki's as a tourist destination is boosted by the presence of stunning ocean fronts and lagoon views. During the day, you can visit Awolowo Museum and Private Beach, La Campagne Tropicana Resort, Lakowe Lakes and Golf Resort, and Lufasi Nature Park.
There are several bars and clubs in Ibeju-Lekki where you can have a good time. Visit the Comfort Lounge, Bar Classique and Restaurants, and Wind Lounge.
There is good news for parents who want their children or wards to receive a high-quality education. In Ibeju-Lekki, Guided Treasures Nursery and Primary School, Flourish Hall International School, and Albesta Academy are all excellent options.
Read the full area guide for Ibeju Lekki, Lagos.
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