Oki Lane Residences, located in the heart of Maryland, Lagos, is Oysterbuild’s flagship project, offering six exclusive 3-bedroom flats designed for modern families, professionals, and investors. With a 26% ROI, eco-friendly features, and a prime location, this development redefines luxury living and investment potential in Lagos.
Project Details
- Location: Oki Lane, Maryland, Lagos, Nigeria
- Units: 6 exclusive 3-bedroom flats (4 sold, 2 available)
- Features:
- 2 dedicated parking spaces per unit for hassle-free parking.
- Private boys’ quarters (BQ) for added convenience.
- 3.5kVA solar inverter and panels per unit for reliable, eco-friendly power.
- Solar-powered central water heaters for energy-efficient hot water supply.
- Standby generator for uninterrupted power during outages.
- Dedicated inverter for general services (e.g., communal lighting, security systems).
- Premium finishes, open-plan layouts, and abundant natural lighting.
- Funds Raised: ₦150M of ₦300M goal
- Current Stage: Under Construction (Foundation and structural work completed)
- Timeline:
- Q3 2025: Completion of superstructure and exterior works.
- Q1 2026: Installation of solar inverters, water heaters, and interior finishing.
- Q2 2026: Project handover to buyers and investors.
- Investment Opportunity: 26% ROI driven by high rental yields (est. 8-10% annually) and capital appreciation in Maryland’s thriving market.
Plans and Visuals
- Floor Plan: [Placeholder: Detailed floor plan showing 3-bedroom layout with BQ, living area, kitchen, two parking spaces, and solar water heater integration. Emphasizes open-plan design and spacious rooms.]
- Elevations: [Placeholder: Front and side elevations showcasing a modern facade with clean lines, large windows, solar panels, and a standby generator visible in the utility area.]
- 3D Rendering: [Placeholder: 3D view of Oki Lane Residences, depicting a sleek, multi-story building with landscaped surroundings, parking areas, solar panels, and a vibrant Maryland backdrop.]
Note: Visuals are placeholders. Confirm if you’d like a detailed prompt for generating these images or assistance with sourcing professional renderings.
Market Trends in Lagos Real Estate
- Rising Demand: Lagos’ population growth and urbanization are driving demand for premium residential properties, especially in central areas like Maryland.
- Investment Growth: The Lagos real estate market has seen consistent capital appreciation, with prime areas like Maryland yielding 15-20% annual growth in property values.
- Sustainability Focus: Buyers and investors increasingly prioritize eco-friendly features like solar power and energy-efficient systems, aligning with Oki Lane’s offerings.
- Rental Yields: Maryland’s proximity to business hubs ensures strong rental demand, with 3-bedroom flats commanding ₦3M-₅M annually, supporting the projected 26% ROI.
- Infrastructure Development: Ongoing projects like the Lagos Rail Mass Transit and road expansions enhance Maryland’s accessibility, boosting property values.
About Maryland, Lagos
Maryland is a dynamic and well-connected neighborhood in Lagos, offering the perfect blend of urban convenience and community charm:
- Strategic Location: Just 10 minutes from Ikeja, 20 minutes from Victoria Island, and close to Ikorodu Road for easy commuting.
- Top Amenities: Proximity to Maryland Convent School, Ikeja City Mall, Lagoon Hospital, and entertainment hubs like Ikeja Computer Village.
- Community Appeal: A vibrant, family-friendly area with a mix of professionals, expatriates, and locals, ensuring high demand for premium flats.
- Growth Potential: Maryland’s real estate market is thriving, driven by infrastructure improvements and increasing commercial activity.
Lifestyle Benefits for Buyers
- Eco-Friendly Living: Solar inverters and central water heaters reduce electricity and water heating costs, offering sustainable, cost-effective living.
- Reliable Power: The standby generator ensures uninterrupted power, complementing solar systems for a seamless lifestyle.
- Spacious Comfort: Each 3-bedroom flat includes a private BQ, two parking spaces, and open-plan layouts, perfect for families or professionals.
- Exclusive Community: With only six units, Oki Lane Residences offers privacy, prestige, and a tight-knit community feel.
- Convenient Location: Live minutes from Lagos’ business and leisure hubs, with schools, malls, and hospitals at your doorstep.
Benefits of Investing
- High ROI: Achieve a 26% return on investment, driven by strong rental yields and capital appreciation in Maryland’s booming market.
- Low Risk: Only two units remain, ensuring exclusivity and high demand. Maryland’s growth minimizes investment risk.
- Transparency: Receive regular construction updates, financial projections, and clear terms via investor reports.
- Future Opportunities: Investing in Oki Lane grants priority access to Oysterbuild’s upcoming projects in Nigeria and global markets.
Sustainable Value: Eco-friendly features like solar inverters, water heaters, and generators appeal to modern buyers and renters, ensuring long-term demand.