Nigeria Property Centre

Terraced Duplexes for Rent in Banana Island, Ikoyi, Lagos

There are 360 houses for rent in Banana Island as of 7 Nov 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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Private and Quiet Furnished 4 Bed Maisonette Terrace on 2 Floors, Pool
15 photos
₦80,000,000 /yr

Terraced duplex for rent

Private and Quiet Furnished 4 Bed Maisonette Terrace on 2 Floors, Pool

Direct corporate clients preferable Please note: The rent is non negotiable. Quiet and private well furnished 4 bedroom maisonette styled terraced, with bq, swimming pool, gym in Banana Island Estate Rent: N80M per annum, exclusive of service charge and closing 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

Luxurious 4 Bedroom Terraced Duplex with a Room Boys Quarter — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
25
₦60,000,000 /yr

Terraced duplex for rent

Luxurious 4 Bedroom Terraced Duplex with a Room Boys Quarter

Luxury 4 bedroom terraced house with a room bq, swimming pool Rent: 60M Service charge : 3.5M Diesel: 2.5M Agency: 10% Agreement: 10% Location: banana island

Banana Island Estate, Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets
Kmoyo Empire
4 Bedroom Terraced Duplex with a Room Boys Quarter — Banana Island, Ikoyi, Lagos
Premium
19
₦65,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex with a Room Boys Quarter

Luxury 4 bedroom terraced house with a room bq, swimming pool Rent: 65M Service charge : 5.5M Agency: 10% Agreement: 10%

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets
Kmoyo Empire
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
6 Bedrooms Terraced Duplex with BQ Available — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
10
₦35,000,000 /yr

Terraced duplex for rent

6 Bedrooms Terraced Duplex with BQ Available

6 Bedrooms terraced duplex with bq available Rent: 35M Service charge: 5M Diesel Deposit: 2M Caution: 10% Legal: 10% Agency: 10% Location: Banana island

Banana Island Road, Banana Island, Ikoyi, Lagos
6 beds 6 baths 7 toilets 3 Parking
Ninahomesltd
5 Units of 4 Bedroom Terraced House — D Close, Ogun Street, Banana Island, Ikoyi, Lagos
Premium Verified Photos
24
₦50,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terraced House

Tastefully finished 5 units of 4 bedroom terraced houses with a room service quarter each. Rent is 50 million Naira per annum per unit. Service charge is 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. Not for shortlet use.

D Close, Ogun Street, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 15 Parking
Impactdwell Realty Limited
4 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
15
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex

️to let Serviced 4 bedroom townhouse with bq, spacious kitchen, family lounge, study room, home office, swimming pool and private garden. Location: Banana island Rent: - 1 Year: 60M - 2 Years: 50M Service charge: 6M Agency: 10% Legal: 10% Caution: 10%

Banana Island, Ikoyi, Lagos
4 beds 6 baths 5 toilets 2 Parking
Benlary Reality Home
4 Bedroom Terraced Duplex with a Room Boys Quarter — Banana Island, Ikoyi, Lagos
Premium
23
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex with a Room Boys Quarter

Rent Standard 4- bedroom house with BQ on 500sqm within Atlantic Beach Esate Oniru Rent. 30m Term. 2years Caution 5% Agency and legal are 10% each

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Kmoyo Empire
Tastefully Finished 4 Bedroom Terraced Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
18
₦60,000,000 /yr

Terraced duplex for rent

Tastefully Finished 4 Bedroom Terraced Duplex with BQ

Now letting Tastefully Finished 4 Bedroom Terraced Duplex with 1-Room Servant Quarters. Location: Banana Island, Ikoyi Rent: ₦60M per annum per unit Service Charge: ₦6M per annum Service Charge Covers Features - 4 spacious en-suite bedrooms - 1-room service quarter - Fully fitted kitchen - Spacious rooms - Dining area - Air conditioning - Jacuzzi - Shower cubicles - Walk-in closets - Fire alarm system - 24-hour electricity - 24-hour security - Swimming pool - Estate access code - Ample parking space - Good drainage system - Good road network

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Femi Ismail & Associates
Luxury 4 Bedroom Maisonette with State-Of-The-Art Facilities — Banana Island, Ikoyi, Lagos
Premium
25
₦55,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Maisonette with State-Of-The-Art Facilities

A well Built, finished, and serviced 4 Bedroom Terrace Duplex in a Massive and Fully Serviced Residential Court located within Banana Island Estate, Ikoyi, Lagos. Accommodation details: Ground floor -- Main Entrance; Guest Toilet; Ample Living Area; Dining Area; Spacious Kitchen; Guest Bedroom (ensuite). First floor -- Family Lounge (with balcony); 2nd Bedroom (ensuite); 3rd Bedroom (ensuite); Master Bedroom (ensuite) with closet and balcony. Extra accommodation: 1-Room Boy's Quarters (ensuite). Other features: Fully Air Conditioned Rooms and Kitchen; Partly-fitted Kitchen; High quality wardrobes; High quality Sanitary Wares and Bathrooms; High quality fixtures and fittings; etc. Facilities/amenities: Club-House; Swimming pool; Fully Equipped Gym; Bar; Lawn Tennis Court; Kids' Play Area; Large Grounds; 24-Hour Power Supply via National Grid and multiple Standby Power Plants; Industrial borehole and water treatment plant; 24-Hour Corporate Security Personnel with Mobile Police Patrol; Great Landscape; Cleaning Services; Gardeners; etc. Financials/terms: Rent is NGN55,000,000 (FIFTY five million NAIRA) per annum, only; Term -- Please Call; Service Charge -- NGN5.8M; Diesel Deposit -- NGN3M Refundable Security Deposit is 10% of 1-Year Rent; Agency Fee and Legal Fee applies. All pricing are as at october 20, 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 3 Parking
First Colony Real Estate Company 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
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Farm Land Road
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
Spacious 4 Bedroom Terraced House (with Private Courtyard) — Banana Island, Ikoyi, Lagos
Premium
25
₦60,000,000 /yr

Terraced duplex for rent

Spacious 4 Bedroom Terraced House (with Private Courtyard)

A unit of well-maintained 4 Bedroom Terraced House on ample grounds within a spacious premises of 4 (four) prototypes located at Banana Island Estate, Ikoyi, Lagos. Accommodation details: Ground Floor -- Entrance; Guest Toilet; Main Living Area; Dining Area; Ample Kitchen; Pantry. First Floor -- Spacious Family Lounge (with sit-out balcony); 1st Bedroom (ensuite); 2nd Bedroom (ensuite); 3rd Bedroom (ensuite). Second Floor -- Ample Master Bedroom (ensuite) with walk-through closet; Ample Private Study; Open Terrace. Extra accommodation: 1-Room Boy's Quarters (ensuite). Other features: Partly-fitted Kitchen; Good quality wardrobes; Good quality Sanitary Wares and Bathrooms; Good quality fixtures and fittings; etc. Facilities/amenities: Spacious Private Courtyard per house; Swimming Pool with ample deck; Central Power Generators with 24-Hour Power Supply schedule; 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. Financials/terms: Rent is NGN60,000,000 (SIXTY million naira ONLY) per annum. Service Charge is NGN5M per annum (excluding cost of power). Refundable Caution Deposit is NGN3M. Agency Fee and Legal Fee applies. All pricing are as at november 2, 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
Affordable Luxury 3 Bedroom Terrace Duplex with a BQ in an Estate — Residential Area of Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
16
₦30,000,000 /yr

Terraced duplex for rent

Affordable Luxury 3 Bedroom Terrace Duplex with a BQ in an Estate

For Lease at Banana Island Estate Available for rent is a well-Renovated 3 Bedroom Terrace in the serene residential area of Banana Island Estate, Ikoyi. Features: - 3 Bedrooms All En-suite - Spacious Lounge - Boys Quarters (BQ) - Spacious Car Park - In a Secure and Quiet Residential Area of the Estate - Good Access Road Location: Banana Island, Ikoyi, Lagos. Rent: N30 Million Per Annum. Minimum of Two Years

Residential Area of Banana Island Estate, Banana Island, Ikoyi, Lagos
3 beds 4 baths 4 toilets 2 Parking
David Moren Property Services
Exquisite 5 Bedroom Terrace Duplex with Pool — Banana Island, Ikoyi, Lagos
Premium
20
₦65,000,000 /yr

Terraced duplex for rent

Exquisite 5 Bedroom Terrace Duplex with Pool

5-bedroom terrace duplex to let --- banana island Banana Island, Ikoyi, Lagos a spacious and well-serviced 5-bedroom terrace duplex in the prestigious Banana Island, offering a comfortable residential experience with excellent estate amenities. Features - 5 Spacious Bedrooms - Fully Serviced - Private Swimming Pool - Fully Fitted Kitchen - Ample Parking Space - Access to Banana Island Estate Amenities - No Gym Rent: ₦65,000,000 / Annum (Slightly Negotiable for 2 Years) Service Charge: ₦6,000,000 (Diesel) Caution Fee: ₦3,000,000 Legal Fee: 10% Agency Fee: 10% Preference: 1 or 2-Year(s) Lease Wan 4/11/26

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Tory's Realty
3 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Premium
15
₦35,000,000 /yr

Terraced duplex for rent

3 Bedroom Terrace Duplex

For rent luxury 3-bedroom terrace duplex banana island, ikoyi, lagos Experience comfort, elegance and premium living in this beautifully designed 3-bedroom terrace duplex, situated in the prestigious and highly sought-after Banana Island, Ikoyi, Lagos. Designed to provide a perfect blend of privacy, convenience and sophistication, this property is ideal for discerning individuals, executives, expatriates and families seeking a serene and secure residential environment. Property Features & Facilities: Spacious 3-bedroom terrace duplex All bedrooms en-suite Well-appointed family lounge Fully air-conditioned spaces Dedicated car parking space 24-hour uninterrupted electricity Secure and well-maintained residential environment Gated premises with excellent security Serene and exclusive neighbourhood Prime location within Banana Island, Ikoyi Price Annual : 35M Total package:45M Location: Banana Island, Ikoyi, Lagos Property: 3-Bedroom Terrace Duplex For enquiries, inspections and reservations, contact: Tos.consolidated LTD 09016194183 [email protected] Your trusted partner in premium real estate.

Banana Island, Ikoyi, Lagos
3 beds 3 baths 4 toilets 3 Parking
Tos.consolidated.ltd
Tastefully Finished 5 Units of 4 Bedroom Terraced — D Close, Ogun Street, Banana Island, Ikoyi, Lagos
Premium
11
₦60,000,000 /yr

Terraced duplex for rent

Tastefully Finished 5 Units of 4 Bedroom Terraced

Direct Brief for Lease Description: Tastefully finished 5 units of 4 bedroom terraced apartments with a room service quarter each Location: D close, Ogun Street, Banana Island, Ikoyi Rent: 75 million Naira per annum per unit Service charge: 4 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

D Close, Ogun Street, Banana Island, Ikoyi, Lagos
4 beds
Ubosi Eleh & Co
4 Bedroom Terraced House with BQ — Banana Island, Ikoyi, Lagos
Premium
22
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced House with BQ

Luxury 4 bedroom terraced house with a room bq, swimming pool Banana Island Features 🪄 - Ample parking space - Spacious Living Area - Swimming Pool - Walk in closet - Serene Neighbourhood - Good Proximity Rent: 60M Service charge: 5.5M Agency: 10% Agreement: 10%

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Sba Royalties Estate
4 Bedroom Terraced House — Banana Island, Ikoyi, Lagos
Premium
9
₦55,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced House

Banana Island, Ikoyi 4-bedroom terrace houses with 1 room service quarter each Corporate tenant to take all unit. or Individual corporate tenant to take it per unit Rent: ₦55,000,000 per unit/annum Asking Term: 2-year lease Service Charge: 4m Rcd 5% 08091661425 Inspection by Appointment Only

Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets
Great View Haven
Neo Classical Luxury 4 Bedroom Terrace House, BQ, Pool, Gym — Banana Island Estate, Banana Island, Ikoyi, Lagos
Premium
6
₦60,000,000 /yr

Terraced duplex for rent

Neo Classical Luxury 4 Bedroom Terrace House, BQ, Pool, Gym

Direct clients preferable Neo classical luxury 4 bedroom terrace house with bq, swimming pool, gym etc in Banana Island Estate Ikoyi Rent: N60M per annum Exclusive of service charge and closing fees 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
4 Bedroom Terraced Apartment with Service Quarter — Banana Island, Ikoyi, Lagos
Premium
12
₦50,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Apartment with Service Quarter

Tastefully finished 5 units of 4 bedroom terraced apartments with a room service quarter each. Location: Banana Island, Ikoyi Rent 50m 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. Not for shortlet use

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Haines &baines Apartments

Showing 1–21 of 360 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 ₦144,000,000 a year.

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

There are 360 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.