Nigeria Property Centre

Terraced Duplexes for Rent in Banana Island, Ikoyi, Lagos

There are 369 houses for rent in Banana Island as of 27 Sep 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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New 4 Bedroom Terrace House with BQ, Swimming Pool Etc — Banana Island, Ikoyi, Lagos
Premium
8
₦70,000,000 /yr

Terraced duplex for rent

New 4 Bedroom Terrace House with BQ, Swimming Pool Etc

Direct clients preferable Top luxury 4 bedroom maisonette on multiple floors, bq, gym, swimming pool etc off Banana Island Road Rent: N70m per annum In your best interest deal with highly trusted luxury real estate professionals at no extra cost. 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
5 Units of 4 Bedroom Terrace Duplex with Boy's Quarters — Banana Island, Ikoyi, Lagos
Premium
23
₦75,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terrace Duplex with Boy's Quarters

Tastefully finished 5 units of 4 bedroom terraced apartments with a room service quarter each Location: Banana Island, Ikoyi *Rent: 75m per annum per unit Service charge: 3.5m 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 Preferably a corporate tenant to take all or multiple units Not for shortlet Certi

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Kehinde Akintobi & Co. Limited
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
4 Bedroom Terrace Duplex with Boy's Quarters — Banana Island, Ikoyi, Lagos
Premium
13
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex with Boy's Quarters

Direct Brief for Lease Description: Tastefully finished 5 units of 4 bedroom terraced apartments with a room service quarter each Location: Banana Island, Ikoyi Reviewed Rent: N60 million Naira per annum per unit Service charge: N3.5 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 Not for shortlet use Cert

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Kehinde Akintobi & Co. Limited
A 5 Bedroom Terraced Apartment — Off 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
8
₦80,000,000 /yr

Terraced duplex for rent

A 5 Bedroom Terraced Apartment

Semi-Direct Brief for lease: 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 neighbourhoods. 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% Pictures available upon request.

Off 3rd Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Absaat Property Service Limited
5 Bedroom Terrace Apartment — 3rd Avenue, Banana Island, Ikoyi, Lagos
Premium
11
₦80,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Apartment

Semi-Direct Brief for lease: 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: ₦80,000,000 per annum Service charge: ₦6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request.

3rd Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Absaat Property Service Limited
Premium 4 Bedroom Terrace House + BQ + Gym + Pool X 2yrs — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
1
₦45,000,000 /yr

Terraced duplex for rent

Premium 4 Bedroom Terrace House + BQ + Gym + Pool X 2yrs

Direct clients preferable Premium 4 bedroom terrace house, with bq, swimming pool, gym in a waterfront estate in Banana Island Estate Rent: N45M x 2yrs Exclusive of service charge Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Premium 4 Bedroom Terrace House with BQ, Swimming Pool — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
3
₦39,999,999 /yr

Terraced duplex for rent

Premium 4 Bedroom Terrace House with BQ, Swimming Pool

Direct clients preferable Premium 4 bedroom terrace house, with bq, swimming pool, gym in Banana Island Estate Rent: N39.9M per annum Exclusive of service charge Call Prince Ademola Osinuga International now to pay and move in immediately

Banana Island Estate, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
Premium 4 Bedroom Terrace +bq+pool+gym — Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos
Premium
1
₦55,000,000 /yr

Terraced duplex for rent

Premium 4 Bedroom Terrace +bq+pool+gym

Direct clients preferable premium 4 bedroom terrace+ BQ + swimming pool + GYM etc in banana island estate ikoyi rent: N55M per annum exclusive of service charge call prince ademola osinuga international now to pay & move in immediately

Banana Island Estate Ikoyi, Banana Island, Ikoyi, Lagos
4 beds 5 baths 4 toilets 2 Parking
Prince Ademola Osinuga International
5-Bedroom Terraced House with BQ — Banana Island, Ikoyi, Lagos
Premium
6
₦65,000,000 /yr

Terraced duplex for rent

5-Bedroom Terraced House with BQ

Experience luxury living in this spacious 5-bedroom terrace house with a Boys' Quarters (BQ), located in the prestigious Banana Island, Ikoyi. Nestled within one of Lagos' most exclusive residential communities, this home offers a perfect blend of elegance, comfort, and privacy. Its prime location provides residents with a serene environment while remaining within easy reach of Victoria Island, Ikoyi's business district, and other key lifestyle destinations. Property Features - 5 spacious bedrooms - Boys' Quarters (BQ) - Expansive living and dining areas - Modern layout designed for comfortable family living - Well-ventilated interiors with ample natural light - Premium residential environment - Secure and well-maintained development Ideal Tenant This property is ideal for expatriates, corporate executives, diplomats, and families seeking a premium residence in one of Lagos' most prestigious and secure neighborhoods. Rental Details Annual Rent: ₦65,000,000 Service Charge: ₦6,000,000 per annum Caution Deposit: ₦2,500,000 Additional Charges Agency Fee: 10% Legal Fee: 10% Location: Banana Island, Ikoyi, Lagos

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 7 toilets
Monuel Properties & Co
4 Bedroom Terraced Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
15
₦55,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex with BQ

Rent N55m Refundable caution deposit N3m Agency fee 10% Legal fee 10% Service charge deposit N5m Location: Banana Island Ikoyi, Lagos 4 bedroom Terraces with a room bq consisting: 1. 4 bedrooms ensuite 2. 1 bq room and toilet 3. Anteroom 4. Main sitting and Dinning 5. Fitted Kitchen with Store and Washing/Dryer machine 6. Family lounge 7. Escape Spiral Staircase 8. Covered 2 cars garage and 1 additional parking outside 9. 24 hrs Electricity 10. Treated water 11. Swimming Pool and well equipped GYM. 12. Well groomed Lawn and Garden

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Homesbyadufe
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
4 Bedroom Terraced Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
25
₦55,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex with BQ

Rent N55m Refundable caution deposit N3m Agency fee 10% Legal fee 10% Service charge deposit N5m Location: Banana Island Ikoyi, Lagos 4 bedroom Terraces with a room bq consisting: 1. 4 bedrooms ensuite 2. 1 bq room and toilet 3. Anteroom 4. Main sitting and Dinning 5. Fitted Kitchen with Store and Washing/Dryer machine 6. Family lounge 7. Escape Spiral Staircase 8. Covered 2 cars garage and 1 additional parking outside 9. 24 hrs Electricity 10. Treated water 11. Swimming Pool and well equipped GYM. 12. Well groomed Lawn and Garden

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Temisegun Concept Nigeria Limited
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.
Premium 4 Bedroom Terrace House with BQ, Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
7
₦45,000,000 /yr

Terraced duplex for rent

Premium 4 Bedroom Terrace House with BQ, Swimming Pool

Direct clients preferable Reasonably priced 4 bedroom terrace house, bq, gym, swimming pool, etc in Banana Island Estate Ikoyi Rent: N45M per annum, agency, legal fees, caution fees In your best interest, deal with highly trusted luxury real estate professionals at no extra cost. 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
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

A 4-bedroom terrace house with a room BQ, located on 104 Close, Banana Island. Location: 104 Close, Banana Island, Ikoyi Property Details - 4 Bedrooms - 1 Room BQ - Terrace House Rent: ₦85,000,000 per annum Service Charge: ₦6,000,000 Diesel Deposit: ₦3,000,000 Payment Terms: The owner requires 2 years' rent upfront. Call to book your private inspection today 07088314535, 08054797522 [email protected]

104 Close, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
GTR Realty
Luxury 4 Bedroom Terraced Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
3
₦50,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terraced Duplex with BQ

To Let Serviced and newly renovated luxury 4 bedroom terrace plus BQ Location: Banana Island Road, Ikoyi Features: - Spacious living room and dining area - All ensuite bedrooms - Guest toilet - Kitchen - Nicely finished bathrooms - Family lounge - Balconies - Courtyard - BQ - Swimming pool - Dedicated parking - Clean water - Security - Etc Rent: N50m per annum Agency fee: 10% Legal fee: 10% Refundable caution deposit: 10% Videos are available*

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Ascsl
4 Bedroom Terraced Duplex with Boys Quarter — Banana Island, Ikoyi, Lagos
Premium
4
₦70,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex with Boys Quarter

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

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Bimadek Properties Ventures
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
4-Bedroom Luxury Terraced Duplex with Pool, Gym & Kids Playground — Banana Island, Ikoyi, Lagos
Premium
16
₦50,000,000 /yr

Terraced duplex for rent

4-Bedroom Luxury Terraced Duplex with Pool, Gym & Kids Playground

Banana Island, Ikoyi 4-bedroom luxury terrace on 3-level with a garage within a mini estate Features: - All en-suite, fitted with split unit air conditioners - Fitted kitchen with modern appliances - Garage - Gated community on large grounds with well-manicured lawns overlooking the 5-cowrie creek - Good environment for families with kids - Children's play area - Gym and swimming pool with lagoon view - Ample car park space Rent: N50m pa (x 2yrs if possible) Service charge deposit (inclusive of diesel) N5m Refundable caution deposit N3m

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Koldej Homes

Showing 1–20 of 369 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 ₦146,000,000 a year.

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

There are 369 available terraced duplexes for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.