Nigeria Property Centre

Terraced Duplexes for Rent in Banana Island, Ikoyi, Lagos

There are 340 houses for rent in Banana Island as of 17 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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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
Premium 4 Bedroom Terrace House with BQ, Swimming Pool — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
8
₦60,000,000 /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 etc in Banana Island Estate Ikoyi Rent: N60,000,000 Exclusive of service charge, agency, legal and caution fees Call 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
Luxury 4 Bedroom Maisonette on 2 Floors, BQ, Pool, Gym — Banana Island, Ikoyi, Lagos
Premium
12
₦80,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Maisonette on 2 Floors, BQ, Pool, Gym

Direct clients preferable Premium 4 bedroom maisonette with bq, swimming pool etc in Banana Island Estate Ikoyi Rent: N80,000,000 Exclusive of service charge, agency, legal and caution fees Call now to pay and move in immediately

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
Prince Ademola Osinuga International
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
3 Bedroom Duplex — Banana Island, Ikoyi, Lagos
Premium
6
₦30,000,000 /yr

Terraced duplex for rent

3 Bedroom Duplex

Sea View 3 Bedroom duplex for rent in Banana.. Fully furnished, ..

Banana Island, Ikoyi, Lagos Added yesterday
3 beds 4 baths 4 toilets
Propertylounge
Waterfront Furnished 2 Bedroom Massionatte — Banana Island, Ikoyi, Lagos
Premium
16
₦55,000,000 /yr

Terraced duplex for rent

Waterfront Furnished 2 Bedroom Massionatte

Furnished Waterfront 2 Bedroom in Banana Island @ N55m

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
Lambe & Eboigbe Properties
5 Bedroom Terraced House — Banana Island, Ikoyi, Lagos
Premium
22
₦65,000,000 /yr

Terraced duplex for rent

5 Bedroom Terraced House

5 bedroom terrace with 1 BQ and swimming pool Banana Island Rent- 65M Agency- 10% Legal- 10% Caution deposit - 2.5M Service charge - 6M

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Tands Realty
4 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
8
₦70,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex

4 Bedroom terrace Duplex with a room boys quarters. Rent is 70million. Service charge, agency and legal are 10% each of the rent. Caution is 3m. Diesel deposit is 2m. Comes with: - gym - swimming pool Banana Island Ikoyi

Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets
Teelinks Realty Agency
Furnished 2 Bedroom Terraced Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
1
₦45,000,000 /yr

Terraced duplex for rent

Furnished 2 Bedroom Terraced Duplex with BQ

Exclusive terrace duplex Banana Island, Ikoyi a beautifully designed 2 bedroom terrace duplex with BQ, located in a serene, secure and prestigious Banana Island estate. Features: - All ensuite bedrooms - Master suite with private lounge - Non crowded compound - 2 sitting rooms + home office - Fully fitted kitchen - Pool + gym - PS5 + massage chairs - 24/7 power & security - Ample parking - BQ Lease configuration: 2 Bedroom: ₦45M/annum + ₦4M service charge Caution: 10% refundable Agency: 10% Legal: 10% Banana Island, Ikoyi, Lagos Private inspections and closure available by appointment. Ola

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 3 Parking
Flowtouch Properties
4 Bedroom Terrace House with BQ and Ample Parking Space — Banana Island, Ikoyi, Lagos
Premium
10
₦45,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace House with BQ and Ample Parking Space

4 Bedroom Terrace With BQ Features: - Spacious living room - En-suite bedrooms with wardrobes - Modern pop ceiling - Fitted Kitchen Amenities: - Water heater - Heat extractor - Balcony Extras: - Ample parking space - Secure and serene environment - Inside Gated Estate Location: Banana Island Price: ₦ 45M S/c: 3.5M other charges: 10% For additional details, inquiries, and physical inspections, Call our hotline 07088065449 You can send us a quick mail to: [email protected] Take Advantage Today!

Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets 4 Parking
Future Homes Properties and Investment LTD
Grandiose, Serene, 4 Bedroom Terraced Duplex with Excellent Facilities — Banana Island, Ikoyi, Lagos
Premium
24
₦70,000,000 /yr

Terraced duplex for rent

Grandiose, Serene, 4 Bedroom Terraced Duplex with Excellent Facilities

Serene, Luxurious, and Fully Serviced 4 Bedroom Terraced Duplex in a Residential Court of three (3) units located within Banana Island Estate, Ikoyi. Features: Calm and Serene Premises; Low Density Development (3 units only); Perimeter Fence Greenery; Ample Sitting and Dining Area; High quality fixtures, finish, and fittings; Ample Private Family Lounge; Fully Fitted Kitchen; Pantry; Air Conditioners in all Rooms and Kitchen; 24-Hour Power Supply; Fully Equipped Gym; Swimming Pool; 24-Hour Corporate Security personnel; Water Treatment Plant; Fumigation; Waste and Sewage Disposal; Corporate Cleaning Services; 1-Room Stewards' Quarters; etc. Rent is NGN70,000,000 (SEVENTY million naira ONLY) per annum. Service Charge is NGN7M (excluding cost of Power/Diesel). Diesel Deposit is NGN2M. Refundable Security Deposit is NGN3M. Agency Fee and Legal Fee applies. All pricing are as at april 14, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; +234(0)8059149400; +234(0)8188040221. Best Regards.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
First Colony Real Estate Company LTD
5 Units 4 Bedroom Terraced Duplex with Great Facilities (Ample Premises) — Banana Island, Ikoyi, Lagos
Premium
25
₦50,000,000 /yr

Terraced duplex for rent

5 Units 4 Bedroom Terraced Duplex with Great Facilities (Ample Premises)

Well maintained 5 Units of Luxury 4 Bedroom Terraced House on ample grounds located within Banana Island Estate, Ikoyi, Lagos. Accommodation details: Ground Floor -- Entrance; Guest Toilet; Main Living Area; Dining Area; Ample Kitchen; Pantry. First Floor -- 1st Bedroom (ensuite); Generous Master Bedroom (ensuite) with ample walk-through closet; Balcony. Second Floor -- 3rd Bedroom (ensuite); 4th Bedroom (ensuite) with ample walk-through closet; balcony. Other features: Partly-fitted Kitchen; High quality wardrobes; High quality Sanitary Wares and Bathrooms; High quality fixtures and fittings; 1-Room Steward Quarters (each); Gate House; etc. Facilities/amenities: Central Power Generators; 24-Hour Security Personnel; Central Water Treatment Plant; Waste and Sewage disposal; Fire detection and prevention system; 24-Hour Maintenance; car-park for 2 cars (per house); Cleaning services; Fumigation; etc. Rent is NGN50,000,000 (FIFTY million NAIRA) per annum / house. Tenant Composition -- Single Corporate Tenant. Term -- Please call. Agency and Legal Fee applies. All pricing are as at july 29, 2026 and subject to adjustment. Kindly note: (1) All enquiries could be made between 8:00am -- 7:00pm (Monday -- Friday) and between 8:00am -- 2:00pm (Saturdays); (2) Our offices (including phone-lines) are closed on Sundays; (3) Viewing/inspection is only by appointment; (4) We require 2-Hour (minimum) advance notice for property viewing/inspection; (5) You can also reach us via these channels: [email protected]; 234(0)8059149400; 234(0)8188040221. Best Regards.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 2 Parking
First Colony Real Estate Company LTD
Serviced 4 Bedroom Terraced Duplex with BQ and Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
21
₦45,000,000 /yr

Terraced duplex for rent

Serviced 4 Bedroom Terraced Duplex with BQ and Swimming Pool

To Let Fully serviced 4 bedroom terrace duplex with bq,fitted kitchen, ensuite bedrooms, swimming pool and ample parking. Rent: N45m per annum (40m 2 yrs payable). Service charge: N3m Diesel deposit N2.5m Caution Deposit: N5m Agency 10% Legal 10% There is a Prepaid meter for each unit.. you recharge your phcn as you use. Generator back up is immediately public light goes off.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Mo Resources LTD
Luxury 5 Bedroom Terrace House with BQ, Pool — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
5
₦65,000,000 /yr

Terraced duplex for rent

Luxury 5 Bedroom Terrace House with BQ, Pool

Direct clients preferable Luxury 5 bedroom terrace house, with bq, swimming pool in Banana Island Estate Rent: N65M per annum Exclusive of service charge, agency fees, legal fees, etc

Banana Island Estate, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Prince Ademola Osinuga International
Gallant 4 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
11
₦65,000,000 /yr

Terraced duplex for rent

Gallant 4 Bedroom Terraced Duplex

Fully Furnished 4bedroom terrace for rent in banana island for 65M The property has: - Spacious Living Room - All Room Ensuite - Fully Fitted Kitchen - Guest Toilet - Walk-in Closet - Ample Parking Space - Gym - Elevator - Swimming Pool Rent: 65M Agency: 10% Legal: 10% Caution: 10% Service charge: 5m

Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets
Teelinks Realty Agency
Furnished 4-Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Premium
25
₦65,000,000 /yr

Terraced duplex for rent

Furnished 4-Bedroom Terrace Duplex

[semi direct brief!] Furnished 4-bedroom terrace duplex for rent Location: Banana Island, Ikoyi Rent: ₦65 Million Service charge: ₦5 Million Agency: 10% Legal: 10% Caution: 10% Features & amenities: Spacious living room All rooms en-suite Fully fitted kitchen Guest toilet Walk-in closet Ample parking space Gym Elevator * Swimming pool

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Propellr Homes
Luxury 4 Bedroom Terrace Triplex with BQ + Swimming Pool + Gym — Banana Island, Ikoyi, Lagos
Premium
23
₦70,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace Triplex with BQ + Swimming Pool + Gym

Luxury 4 Bedroom Terrace Triplex With BQ + Swimming Pool + Gym Location: Banana Island, Ikoyi, Lagos Rent: ₦70M Per Annum Other Charges: - Legal: 10% - Agency: 10% - Caution: 5% - Service Charge: ₦6M - Diesel Deposit: ₦4.5M For Enquiries & To schedule a site inspection or virtual inspection 🦺 Kindly send us an email - [email protected] DM or Call/Whatsapp 07062939348

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Paraklet Realty
Premium 3 Bedroom Duplex — Banana Island, Ikoyi, Lagos
Premium
23
₦35,000,000 /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
₦35,000,000 /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 340 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
Property glossary

What is a terraced duplex?

A terraced duplex is one of a row of two-storey houses joined side by side, sharing walls with the neighbours on both sides, except at the ends of the row. Terraced duplexes are common in new Lagos and Abuja estates and are often the most affordable way to own a duplex in a gated estate.

Read more in our glossary Last checked 13 October 2026
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 340 available terraced duplexes for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

A terraced duplex is one of a row of two-storey houses joined side by side, sharing walls with the neighbours on both sides, except at the ends of the row. Terraced duplexes are common in new Lagos and Abuja estates and are often the most affordable way to own a duplex in a gated estate.