Exploring Magodo Phase 2: A Prime Real Estate Haven Near Lagos

Welcome to Magodo Phase 2, a vibrant and fast-growing residential area located in Shangisha, Ketu. It sits just beyond the Otedola Link Bridge from Berger, along the busy CMD Road. Nestled in the heart of Lagos, this prestigious neighborhood offers a blend of luxury living, modern infrastructure, and a strategic location. Residents enjoy easy access to major parts of the city.

Magodo Phase 2 is characterized by stunning semi-detached duplexes priced between ₦200,000,000 and ₦250,000,000, as well as elegant 4 and 5-bedroom detached duplexes ranging from ₦300,000,000 to ₦350,000,000. For those looking to rent, 2-bedroom apartments are available for ₦1,800,000 to ₦2,500,000.

One of the key features of Magodo Phase 2 is its convenient access to major hubs. Non-residents usually use the Shangisha Gate, while residents enter through the main gate on CMD Road. The neighborhood’s proximity to Ikeja ensures easy connectivity to Lagos’s business and commercial center.

Despite its allure, Magodo Phase 2 faced challenges in the past, including disputes with the government and local landowners known as “Omo Onile.” However, the government has resolved these concerns by settling the disputes and allocating a large portion of land at the extended backside of Magodo”.

Investors are capitalizing on this resolution, fueling a surge in development projects within the area. The CMD Road, while providing a direct route, can be congested during peak hours, especially in the morning rush to work.

The real estate landscape in Magodo Phase 2 is evolving, attracting buyers and investors seeking prime locations. The neighborhood offers a perfect blend of tranquility, modern architecture, and investment potential. As the area undergoes further development, it presents a compelling opportunity for those looking to secure their place in Lagos’ thriving real estate market.

Magodo Phase 2 Exploration