Nigeria Property Centre

Terraced Duplexes for Rent in Banana Island, Ikoyi, Lagos

There are 356 houses for rent in Banana Island as of 6 Oct 2026, with an average price of ₦60M. Every listing is posted by an estate agent or developer you can contact directly — filter by price, type, furnishing and recency to find the right home.

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Luxurious Unfurnished 3 Bedroom Maisonette Serviced with BQ — Residential, Banana Island, Ikoyi, Lagos
Premium
22
₦40,000,000 /yr

Terraced duplex for rent

Luxurious Unfurnished 3 Bedroom Maisonette Serviced with BQ

Rent Luxurious 3-Bedroom Maisonette with BQ Serviced For lease is a luxurious 3-bedroom maisonette with BQ. Location: Off 3rd Avenue, banana island ikoyi, lagos Rent: 40M Features include: - Rooms all Ensuite - 24-hour power - On-site Facility Manager and technicians - WiFi access - Fully Furnished and Equipped Kitchen - Washer/Dryer - Dedicated Parking within the premises - gym -Swimming Pool - Balcony - Mini Golf court

Residential, Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Egcent Limited
5 Units of 4 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
10
₦50,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terraced Duplex

For Lease Description: Tastefully finished 5 units of 4 bedroom terraced apartments with a room service quarter each Location: Banana Island, Ikoyi *Rent Reviewed: 50 million Naira per annum per unit Service charge: 3.5 million Naira exclusive of power Service charge covers, Security, water, cleaning of common areas, lightning of common areas, fumigation... Features; Ample parking space, Fully fitted kitchen, Walk-in closet, Fire alarm system, Dining area, ACs *a corporate tenant to take all units or individual corporate to take a single unit can be considered Note: Not for shortlet use

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Leeward Properties
5 Units of 4 Bedroom Terrace Houses with 1 Room Service Quarter — Off Osborne Road, Banana Island, Ikoyi, Lagos
Premium
12
₦50,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terrace Houses with 1 Room Service Quarter

Ikoyi is an affluent, high-security neighborhood on Lagos Island, widely regarded as the most exclusive residential district in Lagos. Known for its luxury real estate, quiet tree-lined streets, and refined lifestyle. Situated on the eastern edge of Lagos Island, Ikoyi is bordered by the Lagos Lagoon and Five Cowries Creek, giving parts of the area a scenic waterfront appeal. Its strategic location ensures seamless connectivity to Victoria Island, the Lagos Mainland, and Lekki via the Ikoyi--Lekki Link Bridge. The area is made up of several prestigious zones including Old Ikoyi, Southwest Ikoyi, Banana Island, Parkview Estate, and Osborne Foreshore, all known for their premium developments, strong security presence, and well-planned infrastructure. Banana Island stands out for its world-class private infrastructure, including dedicated water treatment systems, an independent power supply, underground electrical networks, and advanced sewage systems, all maintained to the highest standards. Building regulations are also strictly enforced. The property itself features: - Spacious living room - Fully fitted kitchen - pop ceiling - All bedrooms en-suite - Family lounge - Wardrobes - Water heater - Balcony - Interlocked compound floor - Parking space Corporate tenant to lease entire property or Individual corporate tenants can lease per unit. Term: 2-year lease Refundable Caution Deposit: 5% Kindly call for more information and to schedule for inspection.

Off Osborne Road, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
17 Three Digital Realtors
5 Units of 4 Bedroom Terraced + 1 Room Service Quarter Each — Banana Island, Ikoyi, Lagos
Premium
13
₦50,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terraced + 1 Room Service Quarter Each

For lease banana island (Iko​yi) 5 Units of 4-Bedroom Terrace + 1 Room Service Quarter Each Rent: ₦50,000,000 per unit/annum Asking Term: 2-year lease Service Charge: 4m

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Fidelity Homes and Property Services
Exquisite 4 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Premium
16
₦50,000,000 /yr

Terraced duplex for rent

Exquisite 4 Bedroom Terrace Duplex

4 Bedroom Terrace duplex Ikoyi, Banana island Rd. Rent 50M per annum ( 2 yrs required) Alc 10% each Sc : TBD

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets
Tory's Realty
Luxury Pent/ Top Floor 4 Bedroom Maisonette on 2 Floors, BQ, Pool, Gym — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
8
₦65,000,000 /yr

Terraced duplex for rent

Luxury Pent/ Top Floor 4 Bedroom Maisonette on 2 Floors, BQ, Pool, Gym

Direct clients preferable Luxury pent / top floor 4 bedroom maisonette on 2 floors, bq, swimming pool, gym, elevator etc in Banana Island Estate Rent: N65M per annum service charge N10M Agency & legal 10% Diesel deposit N1m Caution fees applicable

Banana Island Estate, Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
5 Bedroom Terrace Duplex with Boy's Quarters & Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
12
₦80,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Duplex with Boy's Quarters & Swimming Pool

Description: 5 Bedroom Terrace Apartment located off 3rd Avenue,Banana Island, Ikoyi a well-finished 5-bedroom terrace apartment in one of Lagos's most exclusive and secure neighborhoods. Designed for convenient luxury living, this home offers premium facilities and the refined lifestyle Banana Island is known for. Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - Secure and Private Environment Rent: N80,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Adef cert

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Kehinde Akintobi & Co. Limited
Serviced with 24/7 Power Supply Light 4 Bedroom En-Suite Townhouse — Banana Island, Ikoyi, Lagos
Premium
25
₦80,000,000 /yr

Terraced duplex for rent

Serviced with 24/7 Power Supply Light 4 Bedroom En-Suite Townhouse

Serviced with 24/7 power supply light 4 bedroom en-suite townhouse with fitted kitchen - cooker, heat extractor, microwave, oven, large living/dining room area, spacious bedrooms, wadrobes, shower bath, balconies, a room bq, swimming pool, gym, cctv surveillance, greenery, kids play area, water treatment plant, covered parking for cars, facility manager, 24/7 security, etc 2 years rent 160m @80 yearly 1 year rent @85m Service charge 6m Diesel deposit 3m Agency 10% Legal 10% Caution fee 5% Dm - 09090852826 Ig - ail_09090852826

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Ail Property Development Company
Luxury 5 Bedroom Townhouse — Second Avenue, Banana Island, Ikoyi, Lagos
Premium
20
₦70,000,000 /yr

Terraced duplex for rent

Luxury 5 Bedroom Townhouse

Direct instruction for lease: 5 Bedroom Terrace Apartment -- Banana Island, Ikoyi a well-finished 5-bedroom terrace apartment in one of Lagos's most exclusive and secure neighborhoods. Designed for convenient luxury living, this home offers premium facilities and the refined lifestyle Banana Island is known for. Property Features - 5 Bedrooms (all en-suite) - Swimming Pool - Fully Fitted Kitchen - Boys' Quarters (BQ) - Secure and Private Environment Rent ₦80,000,000 per annum Service charge: 6 million deposit including diesel Caution deposit

Second Avenue, Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 4 Parking
Ubosi Eleh & Co
Luxury 4 Bedroom Terrace with Excellent Facilities — Banana Island, Ikoyi, Lagos
Premium
21
₦70,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace with Excellent Facilities

For lease on banana island road Description: Luxury 4-Bedroom Terrace with a room bq. Location: Banana Island Road, Ikoyi Maisonettes: N70 million per annum Service Charge Deposit: N6 million Diesel Deposit: N4.5 million Agency Fee: 10% Legal Fee: 10% Cautions Deposit: 5%

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Ubosi Eleh & Co
4 Bedroom Terraced House with BQ — 104 Close, Banana Island, Ikoyi, Lagos
Premium
13
₦85,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced House with BQ

4 bedroom terrace house with a room bq Location: 104 close, Banana island, Ikoyi. Rent: #85m per annum Service charge #6m Diesel deposit #3m

104 Close, Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets 4 Parking
Daniniomultifunctionals
4 Bedroom Terraced House with BQ — 104 Close, Banana Island, Ikoyi, Lagos
Premium
21
₦85,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced House with BQ

4 bedroom terrace house with a room bq Location: 104 close, Banana island Rent: #85m per annum Service charge #6m Diesel deposit #3m

104 Close, Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets
Ubosi Eleh & Co
Recently Built 4 Bedroom Wing of a Terrace House with Staff Rooms — 2nd Avenue, Banana Island, Ikoyi, Lagos
Premium
4
₦60,000,000 /yr

Terraced duplex for rent

Recently Built 4 Bedroom Wing of a Terrace House with Staff Rooms

Relatively New 4 bedroom wing of a terrace house with staff rooms. Features: - Swimming pool - gym - etc Rent: N60m Service charge N5.5m (Diesel inclusive) Location: 2nd Avenue, Banana Island, Ikoyi Book a viewing now! Contact Beverly and Sam Properties or Call Victoria 08038156271

2nd Avenue, Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets
Beverly & Sam Properties
Spacious 4 Bedroom Terrace House with All Rooms En-Suite — Banana Island, Ikoyi, Lagos
Premium
3
₦60,000,000 /yr

Terraced duplex for rent

Spacious 4 Bedroom Terrace House with All Rooms En-Suite

For rent in banana island, lagos Description: Clean and Spacious 4 Bedroom terrace house with all rooms en-suite, perfectly situated with garden at the rear. Off 5th Avenue, in the prestigious estate in Ikoyi. Key Features: - Dedicated car park - Air conditioning in all rooms - 1 room staff quarters - Equipped kitchen - Swimming pool - Gym Rent: N60m p.a Service charge N3.5m Diesel N2.5m Contact: Beverly and Sam Properties Victoria: +234 8038156271

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Beverly & Sam Properties
Exquisite 4-Bedroom Terraced Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
18
₦85,000,000 /yr

Terraced duplex for rent

Exquisite 4-Bedroom Terraced Duplex with BQ

4-Bedroom Terrace House + 1 Room BQ (Swimming pool & Gym) Location: Banana Island, Ikoyi Rent: ₦85,000,000 per annum Service Charge: ₦6,000,000 Diesel Deposit: ₦3,000,000 Agency & Legal Fee: 10% each Caution Fee: 5% Let's Deal!

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets
The Meek Mohwald Company
4 Bedroom Terraced Duplex with BQ, Pool & Gym — Banana Island, Ikoyi, Lagos
Premium
4
₦70,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex with BQ, Pool & Gym

4 Bedroom terrace Duplex with a room boys quarter Comes with a gym and a swimming pool Rent is 70million. Service charge, agency and legal are 10% each of the rent. Caution is 4M. Diesel deposit is 3M.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Koldej Homes
Premium 4 Bedroom Terraced House with BQ, Pool, Gym — Banana Island, Ikoyi, Lagos
Premium
6
₦55,000,000 /yr

Terraced duplex for rent

Premium 4 Bedroom Terraced House with BQ, Pool, Gym

Direct clients preferable Premium 4bedroom terrace with bq, swimming pool, gym etc in Banana Island Estate Rent: N55M per annum Exclusive of service charge, agency, legal and caution fees Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Premium 3 Bedroom Duplex — Banana Island, Ikoyi, Lagos
Premium
23
₦45,000,000 /yr

Terraced duplex for rent

Premium 3 Bedroom Duplex

Premium 3-bedroom duplex Price reduction Features; 24 Hours power supply Ample parking All rooms en-suite 65-inch Smart tv in the living room Fitted kitchen Wi-Fi Mini home office space Clean water Agency 10% Legal 10% Caution 10% Service Charge ₦5M

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 2 Parking
Roqables Global Services.
Furnished 2 Bedroom Maisonette — Banana Island, Ikoyi, Lagos
Premium
13
₦40,000,000 /yr

Terraced duplex for rent

Furnished 2 Bedroom Maisonette

A neatly furnished 2bed apartment going out for rent in Banana Rent: 40M sc: 4m (diesel inclusive) Caution: 2m Agency: 10% Legal:10% Kindly note that there is no bq

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Roqables Global Services.
Furnished 2 Bedroom Maisonette — Banana Island, Ikoyi, Lagos
Premium
13
₦35,000,000 /yr

Terraced duplex for rent

Furnished 2 Bedroom Maisonette

A neatly furnished 2bed apartment going out for rent in Banana Rent: 35M sc: 4m (diesel inclusive) Caution: 2m Agency: 10% Legal:10% Kindly note that there is no bq

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Roqables Global Services.

Showing 1–20 of 356 properties

Area Guide

About Banana Island, Ikoyi

Banana Island, is an artificial island off the foreshore of Ikoyi, Lagos, Nigeria. The Island is a man-made island and is shaped like a banana. It is located in the Lagos Lagoon and is connected to Ikoyi Island by a dedicated road which is linked to the existing road network near Parkview Estate.The island was constructed by the Lebanese-Nigerian Chagoury Group in partnership with the Federal Ministry of Works and Housing and is considered to be on par with the Seventh Arrondissement in Paris, La Jolla in San Diego, and Tokyo's Shibuya and Roppongi neighbourhoods. Banana Island has residential and commercial areas, as well as sites for recreational activities

It occupies a sand-filled area of approximately 1,630,000 square metres and is divided into 536 plots (of between 1000 and 4000 square metres in size) mainly arranged along cul-de-sacs. Dwellers in this Island are provided with world class utilities including underground electrical systems (versus the overhead cabling common throughout Lagos), an underground water supply network, a central sewage system and treatment plant, and street lighting and satellite telecommunications networks

Read the full area guide
FAQ

Frequently asked questions

The average price of terraced duplexes for rent in Banana Island, Ikoyi, Lagos is ₦60,000,000 a year.

Most terraced duplexes for rent in Banana Island, Ikoyi, Lagos are priced between ₦50,000,000 and ₦70,000,000 a year.

Prices for terraced duplexes for rent in Banana Island, Ikoyi, Lagos go up to around ₦145,000,000 a year.

Prices for terraced duplexes for rent in Banana Island, Ikoyi, Lagos start from around ₦30,000,000 a year.

There are 356 available terraced duplexes for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.