Lagos.CoolToday
MainlandMidLGA: Kosofe👥 60,000

Rent for Magodo Phase 2

2-bed rent for one year
₦2.5M–5.0M
/yr
Rental yield
5.5–7%
YoY change
▲ 12%

Rent by property type

Property typeRent range
2-bed₦2.5M–5.0M

Area profile

Power bandB
Service charge / yr
Location6.6300, 3.3800
InternetGood
TrafficModerate
Flood riskLow
Noise levelQuiet

Estimated monthly costs

Rent (per month)
₦312,500
Light (NEPA + supplement)
₦153,325
Total per month
₦465,825
Lagos.Cool Editorial
28 July 2026 · 2 min read

About Magodo Phase 2

Magodo Phase 2 na mainland premium residential option — wide GRA road, detached house with garden, and suburban feel wey rare for Lagos. For ₦2.5M–₦5M, e give mainland pricing with near-Island quality of life.

Pros

  • Spacious houses with gardens — rare in Lagos
  • GRA infrastructure — wide roads, security
  • Band B power — better than most mainland
  • Family-friendly and quiet

Cons

  • Far from Island — heavy traffic via Ikorodu Road
  • Limited nightlife and entertainment
  • Fewer commercial amenities than Ikeja

Good for

Upper-middle-class familiesProfessionals wanting mainland space

Nearby neighborhood

Schools near here

We never index school for this area.

Transport & CommuteMagodo Phase 2

Water in Magodo Phase 2

GoodFreshBorehole: viable

Good groundwater. Basic filtration sufficient.

Wetin Magodo Phase 2 dey like

Magodo Phase 2 na the established gated estate area for eastern Mainland — planned residential development wey dem carve out of Magodo for early 2000s, now na home to professional family wey want gated estate security without Island price. The area dey east of Ikeja, you fit access am through Lagos-Ibadan Expressway service road. Street gridded, plot size moderate (500-700 sqm typical), and most property na detached house. The character na solidly suburban-family — international and reputable Nigerian school nearby, organised retail for Magodo Shoprite, plenty returnee diaspora.

Wetin your money go give you for Magodo Phase 2

For ₦2.5M/year (the cheapest), you go get 3-bedroom semi-detached house for smaller estate. Between ₦4M and ₦7M every year, you go enter 4-bedroom detached house with garden and parking for 2-3 car. The ₦8M+ bracket go buy 5-bedroom detached house for inner estate street with swimming pool.

How to commute

Car
Main access via Lagos-Ibadan Expressway service road. Connection to Ikeja via Berger and CMD Road. Traffic moderate; bottlenecks at Berger interchange during rush hour.
BRT
No BRT direct; nearest is Ikeja Bus Terminal (15-20 minutes by car).
Bolt/Uber
Solid coverage; surge less common than on the Island.

Utility for di area

power
NEPA Band A in most of Magodo Phase 2 — 18-22 hours daily. Generator backup standard
water
Mostly private boreholes with on-site treatment
internet
Fibre coverage improving — Spectranet, MTN Fibre, ipNX. Speeds 30-100Mbps typical

Safety for di area

Among the safest mainland residential area — gated estate entry with security, perimeter wall, regular internal patrol. Crime rate low. The biggest practical concern na flooding for some part of Magodo Phase 1 during heavy rain (Phase 2 self drain well), and the chronic Berger interchange traffic.

Areas wey resemble

FAQ

Yes — Magodo (both Phase 1 and Phase 2) dey Lagos State, specifically Kosofe LGA. The Lagos-Ogun border just east of Berger, but Magodo dey clearly inside Lagos.