For 3 bedroom flats in 1004 Estate, expect ₦150,000 to ₦47,000,000 per year. Lower-tier units begin at ₦150,000, while higher-floor apartments with elevator access, renovated kitchens, and superior lagoon or city views can reach ₦47,000,000. Which tower you're in matters; some are better maintained than others. Floor level significantly impacts pricing since elevators don't always work reliably.

Across Lagos and 1004 Estate, 'flat' and 'apartment' refer to identical property types. Both mean self-contained units within larger residential buildings where multiple households live. You'll see landlords and agents switch between these terms freely. What you need to know is that flats/apartments differ from detached houses, duplexes (two-story units), and self-contain accommodations.

You'll find both throughout 1004 Estate. Bare units run ₦150,000 to ₦47,000,000 annually. Furnished properties with appliances, furniture, and fittings cost an additional ₦2,400,000 to ₦6,000,000 more per year; usually 25-40% higher than unfurnished. Many corporate tenants prefer furnished units, so they're fairly common here. Use ExpertListing's filters to specify your preference.

Standard features include 24/7 estate security, elevators in all blocks (though functionality varies), backup generators, water reticulation, sports facilities (tennis, basketball courts), swimming pools, and parking areas. The estate has maintained roads, street lighting, and professional estate management. Most blocks have functional elevators though service quality differs by tower. You'll find shops, restaurants, and recreational centers within the estate. Amenities provide comprehensive estate living in central VI, though infrastructure is aging. Verify tower-specific conditions with property owners on ExpertListing.

ExpertListing pre-verifies all property owners, agents, and developers before they list. Each listing shows verification badges and direct contact info. But you should still: (1) Schedule a physical inspection using the map location we provide, (2) Ask to see the Certificate of Occupancy (C of O) or Governor's Consent, (3) Make sure the landlord's identity matches the property documents, (4) Never pay rent without signing a proper tenancy agreement, (5) Use ExpertListing's messaging system to document everything.

1004 works for families prioritizing location over modern amenities. The unbeatable VI location means short commutes for parents; you can walk to most VI offices. Kids can attend quality schools nearby. The estate has sports facilities and swimming pools where children play. Security is good. Other families live here, so kids have playmates. However, the buildings are old (1970s-80s); expect aging infrastructure. Elevator reliability is a real concern; if you're on upper floors with young kids or babies, this becomes exhausting when lifts break down. Parking is limited and can be challenging. The estate feels crowded with 1,004 units. For families where both parents work in VI with demanding schedules and reclaiming 2-3 hours daily from commuting matters more than having modern buildings, it's practical. But if you want contemporary living spaces, reliable elevators, and spacious compounds for kids, newer Lekki estates serve better.