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How much you’ll rent a two-bedroom home in Ikeja in 2007 and 2020

Sometimes we get carried away with the development on the Island that we tend to ignore other prime locations on the Mainland, such as Ikeja.

Trust me when I say this, that Ikeja is not just an ordinary State Capital but also an industrial, commercial and residential hub in Lagos.

 

It’s almost like the centre point that takes you in and out of Lagos.

 

No wonder the rent for a Two-Bedroom Apartment increased by about 11.6% per annum between 2007-2020.

 

If this growth continues for the next five years, an average Two Bedroom home may let out at N2.7million per annum.

 

But until then, we wait.

 

Happy New Month, and invest wisely this time around.

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