Bankole Estate
Banky Height Peace Estate, 7 Nnemeka Ikeh Street, Magboro 121101, Ogun State, Nigeria
About This Estate
just off the Lagos-Ibadan Expressway, Bankole Estate in Magboro offers that sweet spot between Lagos bustle and Ogun State calm. The moment you turn into the estate, the noise from the expressway fades, replaced by a real wahala-free vibe with well-tarred roads and neat bungalows. This is a proper family area. You'll see kids playing football in the evenings while neighbours gist under the trees. While you're in Ogun State, you're still tightly connected – a quick drive gets you to Berger in Lagos. Expect the typical Naija setup with boreholes and generators for steady water and light, but the sense of community here is the main selling point. It’s not just an address; it’s a peaceful, settled life without being completely cut off from the action.
Price Range
Bankole Estate in Magboro, Ogun State offers a solid, mid-range living option. It's a practical choice for families working in Lagos, providing a more peaceful, wahala-free environment than the mainland. The estate is gated with basic security. Expect typical Naija self-sufficiency: boreholes and generators are standard. Property prices are realistic, with 3-bedroom flats renting for ₦600,000 to ₦800,000 per annum. Buying a plot of land here will cost between ₦8 million and ₦12 million. It's a budget-friendly gateway into gated community living, popular with middle-class families seeking value.
Property Type
Bankole Estate in Magboro is a developing gated community off the Lagos-Ibadan Expressway. It offers a mix of completed houses and empty plots for sale, perfect for building to your taste. You'll find modern bungalows and storey buildings here. Expect standard Naija provisions: boreholes and generators for steady water and power. The area is relatively calm with improving road access. Security is managed within the estate. For a relocating family, it's more affordable than Lagos. A decent 3-bedroom bungalow might go for around ₦25 million, while a plot of land starts from roughly ₦5 million, depending on location within the estate. It offers a quieter, wahala-free alternative while keeping Lagos accessible.
Development Status
If you're heading to Bankole Estate in Magboro, just know you're coming to a proper gated community that's still taking shape. The development is liveable and occupied in many sections, but you'll still see some ongoing sand-filling and new structures going up—typical of a growing Naija estate. The area around here is bustling. You have the popular CMD Road in Shangisha as your main artery, and landmarks like the Mountain of Fire and Miracles (MFM) prayer city are familiar reference points. For navigation, once you pass the Magboro junction and head towards Ishashi, you'll find the estate tucked away, offering a surprisingly wahala-free zone from the main road's bustle. Future expansion is part of the plan, with more plots being developed. It’s a solid choice if you want that community feel with easy access to both Ogun and Lagos.
Location Type
Bankole Estate sits inside Banky Height Peace Estate in Magboro, Ogun State. This is a residential estate, a gated community offering a quiet, wahala-free alternative to the bustle of Lagos next door. The area has that Naija feel—homes rely on boreholes and generators due to the typical public power supply. Security is a key focus here. For investors, a 3-bedroom flat might go for around ₦1.2 million per annum. It's a practical choice for those working in Lagos but seeking more affordable, organised living in Ogun.
Infrastructure Quality
Bankole Estate in Magboro offers that sweet spot between Ogun State affordability and Lagos access. The internal roads are fairly good, tarred and motorable. You'll rely on a borehole for water and a generator for the regular power cuts, but fibre internet from providers like Spectranet is available. Security is solid with a perimeter fence, manned gate, and estate security. Maintenance is decent, with residents contributing to upkeep. A 3-bedroom flat here goes for about ₦1.2 million per annum. It’s a practical, no-fuss choice for those wanting a wahala-free living close to the Lagos hustle.
Key Features
If you're looking for that sweet spot between Lagos bustle and Ogun State calm, Bankole Estate at Banky Height in Magboro is a solid bet. This gated community gives you that proper "wahala-free" vibe with 24/7 security, good tarred roads, and a sense of order you'll appreciate. You can expect steady power supply backed by a central generator, plus there's a reliable borehole system for uninterrupted water. The area is developing fast, with new buildings and shops springing up, making it a smart move for future value. A 4-bedroom flat here might go for around ₦1.5 million per annum. It’s a practical, peaceful choice for a growing family.
Community Features
If you're looking at Bankole Estate in Magboro, you're on the right track. This gated community off the Lagos-Ibadan Expressway gives you that wahala-free living with good road access. The estate is well-planned with regular power supply, but like any smart Naija home, you'll have your borehole and generator for backup. Around the area, you're close to popular spots like CMD Shopping Complex and the bustling Magboro Market for your groceries. For relaxation, the estate's clubhouse is the social hub where residents connect, and you can often find football viewing parties or children's parties during the weekends. It’s a practical choice for those working in Lagos but wanting more space for their Naira in Ogun State.
Nearby Landmarks
Alright, let me break down Bankole Estate at Banky Height in Magboro for you and your family. This gated estate off the Lagos-Ibadan Expressway offers that much-needed wahala-free living. The area is developing fast, but inside the estate, you get good security and a more serene environment. For schools, you have reputable options like The Great Ambassador Schools and Bells University just a short drive away in Ota. Medical needs are covered at nearby Idera Hospital. Shopping is easy at the bustling Magboro Market or the more modern malls in Arepo. For a quick getaway, the popular Sparklight Estate's recreational spots are not far. The main key here is your access. You're right by the expressway, so getting into Lagos, especially Alausa or Ikeja, is straightforward, though you must plan for the famous "go-slow." It's a solid choice for a family looking for a peaceful Naija setup without being completely cut off.
Developer
Bankole Estate at Banky Height Peace Estate in Magboro? That's a solid choice. The developer is Banky Height Properties, and they have a good reputation for delivering on their promises in that Magboro/Arepo corridor. They are known for creating these well-planned, wahala-free communities. They've also developed the popular Banky Height Estate in Arepo, which gives you an idea of their standard. You're looking at a developer that understands what we need here in Naija – proper road networks, reliable borehole water systems, and good security. For a 4-bedroom in that estate, your budget should start from around ₦35 million. It's a good spot for anyone working in Lagos but wanting that Ogun State affordability and a bit more quiet.
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