Osborne Foreshore estate (phase 2) is a highbrow gated and residential community located along Osborne road, Ikoyi. It is a small and cozy estate sitting next to the Lagos Lagoon.
It has a central management authority. Residents enjoy tarred roads, good drainage, street lights, and an impressive landscape. The estate is fully guarded with security at the main entrance gate.
Developments in the estate range between apartments, terraces, semi-detached and fully detached houses.
Undeveloped plots of land can be found within the estate.
Property Sale Prices in Osborne Foreshore Estate Phase II
- 3 bedroom apartment: N 90,000,000 – N130,000,000
- 4 – 5 bedroom terrace: N120,000,000 – N 160,000,000
- 4- 5 bedroom semi-detached house: N140,000,000 – N180,000
- Land: N140,000 – N145,000 per sqm
Property Rental Prices in Osborne Foreshore Estate Phase II
- 3 bedroom apartment: N 4,000,000 – N6,000,000
- 4 – 5 bedroom terrace: N6,000,000- N 8,000,000
- 4- 5 bedroom semi-detached house: N8,000,000 – N9,500,000
IMPORTANT FEATURES OF OSBORNE FORESHORE ESTATE PHASE II
The Estate has one gated entrance and exit and is fully secured by security guards. Cars are required to undergo security screening.
There are no known recorded cases of armed robbery or violent crimes within the estate.
To get accurate directions and traffic time from anywhere in Lagos to Osborne Foreshore estate (click here).
ROADS NETWORK & FLOODING STATUS
The estate has excellent road network and layout. Being a waterfront estate, most developers are required to build a solid foundation.
HOME VALUE APPRECIATION
Property appreciation in Osborne Foreshore is on a steady rise. Seeing as the area is still developing, it presents investors with a lucrative investment opportunity.
ELECTRICITY & WATER SUPPLY
There is no central power supply. Residents rely on EKDC (Electricity Distribution Company), generators and inverters.
All houses in the estate have their own personal boreholes and water treatment plants.
AMBIANCE & LANDSCAPES
The estate boasts of a serene and calm neighborhood. Residents are spoiled by the refreshing breezes and excellent views of the Lagoon.
TOP NEARBY SCHOOLS
See below a list of well-established schools within or in close proximity to the area:
- Corona Primary School
- St Saviours School, Ikoyi
- Greenwood House School
- Greensprings School
- Bridge House College (within the estate)
There are no hospitals or clinics within the estate but there are health facilities within close proximity to the area:
- Excel Children Medical Centre
- Hanoba Medical Centre
There are no banks within the estate but there’s a branch of Union bank along the Osborne Road
TOP BARS, LOUNGES AND HOTELS
Top hotels within the area include Limeridge Hotel and Three Arms Hotel
MALLS, COMMERCIAL CENTERS AND MARKETS
The closest Mall is Pees’s Galleria Shopping Mall. A 5 minute drive from the estate.
There are several specialty supermarkets nearby namely:
There are local markets nearby with fresh produce, namely Sangross Market and Sura Market.
There are no common sports facilities within the estate but there is good road network to go for a walk or jog.
WHO SHOULD LIVE HERE?
High income earners who enjoy their privacy and embrace the importance of living in an exclusive neighborhood.