Nigeria Property Centre

5 Bedroom Property for Rent in Banana Island, Ikoyi, Lagos

There are 292 flats, houses, land and commercial properties for rent in Banana Island as of 12 Aug 2026, with an average price of ₦120M. 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.

Property type
Flats Houses Commercial property Land Event Centres / Venues
Neighbourhoods
2nd Avenue Estate 3rd Avenue Abacha Estate Abdullahi Adamu Estate Awolowo Road Banana Island Bourdillon Road Cooper Road Dolphin Estate Estates Gerrard Road Grenadines Skyvilla Mojisola Onikoyi Estate Osborne Foreshore Estate Osborne Phase 1 Osborne Phase 2 Queen's Drive Shoreline Estate
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41–60 of 292 properties for rent

5 Bedroom Detached House — Banana Island, Ikoyi, Lagos
Premium
12
₦170,000,000

Detached duplex for rent

5 Bedroom Detached House

CW09151 5 Bedroom Detached House in Ikoyi Experience the pinnacle of luxury living in this exquisite 5-bedroom detached residence located in the prestigious Banana Island, Ikoyi. Designed to offer privacy, elegance, and exceptional comfort, this self-serviced home features expansive living spaces, premium amenities, and a serene environment within one of Lagos' most exclusive residential communities. With a private swimming pool, gym house, and dedicated office, this property is perfectly suited for executives, expatriates, diplomats, and families seeking an upscale lifestyle. Property Features 5 spacious bedrooms, all en-suite Spacious living and dining areas Fully fitted kitchen Walk-in closets Private swimming pool Gym house Home office Premium interior finishes Well-designed layout with ample natural lighting Spacious rooms Self-serviced property Ideal Tenant This property is ideal for corporate executives, expatriates, diplomats, and high-net-worth families looking for a prestigious residence that offers privacy, luxury, and convenient access to Ikoyi, Victoria Island, and other key business districts. Rental Details Annual Rent: ₦170,000,000 Service Type: Self-Serviced Additional Charges Agency Fee: 10% Legal Fee: 10% Caution Fee: 10% Rent ₦170,000,000 Per Annum Location: Banana Island, Ikoyi, Lagos. For more Information, Pricing and Private Viewings Please Contact: Adaeze: 08166315298 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
5 beds 4 baths 6 toilets
C W Real Estate
Luxury 5 Bedroom Townhouse — Second Avenue, Banana Island, Ikoyi, Lagos
Premium
20
₦80,000,000 /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
5 Bedroom Detached House — Banana Island, Ikoyi, Lagos
Premium
24
₦130,000,000 /yr

Detached duplex for rent

5 Bedroom Detached House

For lease in banana island Description: Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters Location: Banana Island, Ikoyi Rent: 130 million per annum Agency: 10% Legal: 10% Caution deposit 10%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
Ubosi Eleh & Co
5 Bedroom Fully Detached House with Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
25
₦170,000,000 /yr

Detached duplex for rent

5 Bedroom Fully Detached House with Swimming Pool

- Banana island, ikoyi a spacious 5 Bedroom Detached House with Inbuilt Service Quarters, strategically located on 501 Close within the prestigious Banana Estate, Ikoyi. Location: Off 5th Avenue,Banana Island, Ikoyi Property Details ️ 5 Bedrooms 🧑‍ Inbuilt Service Quarters ️ Spacious Living Areas Functional Kitchen Layout Parking for 6 to 8 cars Secure & Serene Residential Environment Rent: ₦170,000,000 Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% Call to book your private inspection today

Banana Island, Ikoyi, Lagos
5 beds 4 baths 6 toilets 6 Parking
Ubosi Eleh & Co
Spacious 5 Bedroom Terrace Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
9
₦40,000,000 /yr

Terraced duplex for rent

Spacious 5 Bedroom Terrace Duplex with BQ

Direct from mandate letting at ikoyi W/K Spacious 5 Bedroom Terrace duplex with BQ fitted kitchen with amenities, large living room with balconies, good road network, secured and screne good estate and ample parking space. Rent = N40M Agency = 10% Legal = 10% Caution = 10% SC = TBD Location = Off Banana Island Road Onikoyi

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Winfort Resources Limited
5 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Premium
20
₦65,000,000 /yr

House for rent

5 Bedroom Terrace Duplex

Product ten (10) ━━━━━━━━━━━━━━━━━━━━━━ residential lease Well renovated and solidly built sea view 5bedroom terrace duplex with a BQ is up for lease --- Ready to move in Rent: 5bed + bq - 65m Service charge: 6m Other Fees: - 10% caution (refundable) - ⁠10% legal - ⁠10% agency Features- -Ensuite spaces - Aesthetic pop ceilings- Spacious living room - Cctv cameras - Clean water - Top quality tiles - Pantry - Master's suite - Walk-in shower - Custom vanity - Secured - Good access roads - Flood free Location: Banana Island, Ikoyi

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Regal Affluence Realty
2 Units of 5 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Premium
11
₦40,000,000 /yr

Terraced duplex for rent

2 Units of 5 Bedroom Terrace Duplex

To let 2 Units of Spacious 5-Bedroom Terrace Houses with 1-Room BQ Banana Island Road, Ikoyi Features: Spacious living areas 5 en-suite bedrooms 1-room Boys' Quarters (BQ) 3--4 car parking spaces per unit Prime and secure location Rent: ₦40 Million per annum (per unit) Service charge: TBD

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Regal Affluence Realty
Luxury 5 Bedroom Fully Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
22
₦120,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached Duplex

5-Bedroom - Banana Island - ₦150M/Year For Rent: Luxury 5-bedroom fully detached house with 2-room Boys' Quarters, elevator, infinity pool, cinema, and premium smart home features, located in the exclusive Banana Island Location: Banana Island, Lagos Rent: ₦120,000,000 per annum Tentative Total Package: ₦195,000,000 Service Charge: ₦10,000,000 per annum Charges: Agency -- 10% - Legal -- 10% - Caution -- 10% Comes With: 2-room Boys' Quarters - Elevator - Infinity swimming pool - Cinema - Office space - Home automation system - 2 spacious living rooms - All rooms ensuite - Modern fitted kitchen - Luxury finishing - Ample parking - Secure environment - Prime location - Exclusive neighborhood

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Regal Affluence Realty
5 Bedroom Terrace and BQ — Banana Island, Ikoyi, Lagos
Premium
10
₦65,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace and BQ

Banana island 5 bedroom terrace plus 1 BQ 65M price 6M service charge 2.5M caution deposit 10% legal Agency 10%

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Ikon Realty World LTD
Sharp Serviced 5 Bedroom Semi Detached Duplex with BQ — Off Banana Island Road, Ikoyi, Lagos
Premium
11
₦80,000,000

Semi-detached duplex for rent

Sharp Serviced 5 Bedroom Semi Detached Duplex with BQ

Letting: Serviced 5-Bedroom semi detached house with BQ -Living room -Modern fitted kitchen -BQ(self contained) -Communal swimming pool -24/7 security & well maintained Estate -Ample parking space Location: Off Banana Island Road, Ikoyi Rent: N80M/annum

Off Banana Island Road, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Ronald Crown Konsult
5 Bedroom Terraced Duplex with BQ — Off Banana Island Road, Ikoyi, Lagos
Premium
15
₦40,000,000 /yr

Terraced duplex for rent

5 Bedroom Terraced Duplex with BQ

Well maintained 5 bedroom terrace duplex with BQ, fitted kitchen, ensuite rooms and ample parking space located in an estate. Location : off banana island road. Rent: 40M Service CHARGE:4m

Off Banana Island Road, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Mo Resources & Services LTD
Spacious 5 Bedroom Detached Duplex + BQ — Banana Island, Ikoyi, Lagos
Premium
23
₦150,000,000 /yr

Detached duplex for rent

Spacious 5 Bedroom Detached Duplex + BQ

- Banana island, ikoyi a spacious 5 Bedroom Detached House with Inbuilt Service Quarters, strategically located within the prestigious Banana Estate, Ikoyi. Location: Banana Island, Ikoyi Property Details - ️ 5 Bedrooms - 🧑‍ Inbuilt Service Quarters - ️ Spacious Living Areas - Functional Kitchen Layout - Parking for 6 to 8 cars - Secure & Serene Residential Environment Rent: ₦150,000,000 Caution Deposit: 10% Agency Fee: 10% Legal Fee: 10% Call to book your private inspection today SlvKel

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 8 Parking
360 Degree Properties LTD
Luxury 5 Bedroom Fully Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
9
₦150,000,000 /yr

Detached duplex for rent

Luxury 5 Bedroom Fully Detached Duplex

S/direct duplex letting at banana island ikoyi Exquisite 5 Bedroom fully detached duplex with BQ. fitted kitchen with amenities, large living room with balconies and ample parking space. Location = Banana Island Rent = N150M Agency = 10% Legal = 10% Caution = 10%

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets
Winfort Resources Limited
5 Bedroom Detached House with 1 Room Service Quarters — Banana Island, Ikoyi, Lagos
Premium
9
₦150,000,000 /yr

Detached duplex for rent

5 Bedroom Detached House with 1 Room Service Quarters

For lease Property Description: 5 Bedroom Detached House with 1 Room Service Quarters Features: - Gym House - Swimming Pool - Security Gatehouse Location: 501 Close, Off 5th Avenue, Banana Island, Ikoyi, Lagos Rent: ₦150M per annum

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Tenvo Ventures
Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters — Banana Island, Ikoyi, Lagos
Premium
7
₦125,000,000 /yr

Detached duplex for rent

Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters

For lease: Description: Luxury 5-Bedroom Fully Detached House with 2-Room Service Quarters Location: Residential part of Banana Island, Ikoyi Rent: N125 million per annum Agency, Legal & Caution deposit 10% each

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 5 Parking
Laser Estate Services
5 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Premium
13
₦35,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Duplex

Well maintained 5bed terrace duplex available for rent in banana island.. Features... It is a 5bed duplex Fully en-suite Fitted with wardrobes Sizable but not too spacious kitchen Sizable rooms On two floors It has a room bq Just two occupants in the compound It has a pool Not a brand new house, but well used and maintained It is self serviced Note: prospective tenant must have a good profile as landlord is very particular about it... Rent ...35m Agency, legal and caution deposit..10% each Power is pay as you go...

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets 2 Parking
Pearlaanconsult & Realties
5 Bedroom Semi-Detached Duplex with BQ — Parkview, Ikoyi, Lagos
Premium
9
₦60,000,000 /yr

Semi-detached duplex for rent

5 Bedroom Semi-Detached Duplex with BQ

CW09489 5 Bedroom Semi-Detached Duplex with BQ Experience premium living in this newly completed 5-bedroom semi-detached duplex with a Boys' Quarter (BQ), located in the prestigious Parkview Estate. With only two units available, this beautifully finished home combines spacious layouts, elegant interiors, and premium lifestyle amenities in one of Lagos' most exclusive residential estates. Property Details Property Type 5-Bedroom Semi-Detached Duplex with BQ Available Units 2 Units Location Parkview Estate, Ikoyi, Lagos Annual Rent ₦60,000,000 Additional Charges Service Charge: ₦4,000,000 per annum Caution Fee: 5% Agency Fee: 10% Legal Fee: 10% Property Features Five Spacious En-Suite Bedrooms Boys' Quarter (BQ) Study/Home Office Fully Fitted Contemporary Kitchen Spacious Living and Dining Areas Private Garden Multiple Balconies Premium Interior Finishes Reverse Osmosis Water Treatment Plant Ample Parking Space Estate Amenities Swimming Pool 24/7 Security Clean and Well-Maintained Environment Secure Residential Estate Lifestyle Benefits Prestigious Parkview Estate Address Easy Access to Victoria Island, Banana Island, Lagos Business Districts, Luxury Hotels, Fine Dining Restaurants, International Schools, Healthcare Facilities, and Premium Shopping Destinations Quiet, Secure, and Family-Friendly Neighborhood Ideal for Families, Corporate Executives, Diplomats, and Expatriates This newly completed luxury duplex offers a rare opportunity to enjoy refined living in one of Ikoyi's most desirable neighborhoods, combining privacy, modern comfort, and premium amenities in an exclusive residential setting. For more Information, Pricing and Private Viewings Please Contact: Rose: 08149226187 Lilian: 09062511340 Email: [email protected] We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Parkview, Ikoyi, Lagos
5 beds 5 baths 6 toilets
C W Real Estate
5 Bedrooms Penthouse — Ikoyi, Lagos
Premium
18
$150,000 /yr

Flat / apartment for rent

5 Bedrooms Penthouse

CW09475 5 Bedroom Penthouse in Ikoyi Ikoyi, Lagos Experience the pinnacle of luxury waterfront living in this exceptional 5-bedroom penthouse triplex maisonette located within the prestigious ikoyi Estate. Featuring expansive living spaces, panoramic waterfront and city views, and world-class amenities, this residence is designed for those seeking exclusivity, elegance, and comfort. Rental Details Rent: Usd $150,000 per annum Additional Charges Service Charge: ₦10,000,000 per annum Power Deposit: ₦4,000,000 Agency Fee: 10% Legal Fee: 10% Features & Amenities 5 Spacious En-Suite Bedrooms 2 Boys' Quarters (BQs) Waterfront Penthouse Triplex Maisonette Two Fully Fitted Kitchens Central Air Conditioning System Rooftop Terrace Swimming Pool Fully Equipped Gym Concierge Services Private Elevator French Floor-to-Ceiling Windows Abundant Natural Lighting City & Waterfront Views Bathtubs Smoke Detectors Uniformed Security Personnel Serene Residential Environment Highlights Prestigious Mojisola Onikoyi Estate Address Spectacular Waterfront & City Views Spacious Three-Level Penthouse Layout Premium Contemporary Finishes Ideal for Executives, Diplomats, and Expatriates Secure, Exclusive, and Professionally Managed Development Easy Access to Banana Island, Victoria Island, and Lagos' Major Business Districts Location: Ikoyi Estate, Ikoyi, Lagos An exceptional opportunity to lease a luxury waterfront penthouse triplex in one of Ikoyi's most prestigious estates, offering unmatched space, privacy, and world-class amenities. For more Information, Pricing and Private Viewings Please Contact: Ifunaya: +234 706 399 0727 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Ikoyi, Lagos
5 beds 5 baths 6 toilets
C W Real Estate
5 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
10
₦60,000,000 /yr

Terraced duplex for rent

5 Bedroom Terraced Duplex

CW08934 5-Bedroom Terrace Duplex in Ikoyi This well-appointed 5-bedroom terrace duplex offers a blend of comfort, convenience, and exclusivity within the prestigious Banana Island community. Situated in a secure and serene environment, the property is designed for modern living, featuring spacious interiors, quality finishes, and access to premium lifestyle amenities. With uninterrupted power supply, a fully fitted kitchen, and recreational facilities, this home is ideal for professionals, expatriates, and families seeking a premium rental property in one of Lagos' most sought-after residential addresses. Property Features - 5 Spacious En-Suite Bedrooms - Fully Fitted Kitchen - Spacious Living and Dining Areas - 24/7 Power Supply - Swimming Pool - 1 Room Boys' Quarters (BQ) - Located Within a Secure Estate - Well-Maintained Environment - Ample Parking Space Ideal Tenant This property is ideal for executives, expatriates, diplomats, and families seeking a secure, upscale residence in Banana Island with excellent amenities and easy access to Ikoyi and Victoria Island. Price ₦60,000,000 Per Annum For more Information, Pricing and Private Viewings Please Contact: Adaeze: 08166315298 Lilian: 09062511340 Email: [email protected] Website: www.cwlagos.com We are Social! Check out other Fantastic Premium Listings on our Social Media Platforms IG: @cwrelagos Twitter: @cwrelagos Facebook: @cwrealestate

Banana Island, Ikoyi, Lagos
5 beds 3 baths 6 toilets
C W Real Estate
Fully Service 5 Bedroom Semi Detached Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
14
₦80,000,000 /yr

Semi-detached duplex for rent

Fully Service 5 Bedroom Semi Detached Duplex with BQ

Direct from mandate letting at banana island road ikoyi* Serviced 5-Bedroom semi detached house with BQ -Living room -Modern fitted kitchen -BQ(self contained) -Communal swimming pool -24/7 security & well maintained Estate -Ample parking space Location: Off Banana Island Road, Ikoyi Rent: N80M/annum SC = N3.9M Power = 400 Naira/kilowatt Diesel Contribution = N200k Agency = 10% Legal = 10% Caution = 10% Light is 24hrs every day

Banana Island, Ikoyi, Lagos
5 beds 6 baths 6 toilets 5 Parking
Winfort Resources Limited

Showing 41–60 of 292 properties

Area Guide

About Ikoyi, Lagos

By and large, Ikoyi is a posh neighbourhood with a mishmash of exquisite residential apartments and commercial presence.

Ikoyi borders the Lagos Lagoon and takes up the eastern half of Lagos Island. It is one of the towns that make up the Eti-Osa Local Government Area of Lagos state.

Originally, the British Colonial Governments designated Ikoyi as a residential area for the expatriate community perhaps due to its proximity to the sea. However this arrangement changed with time with big establishments locating their corporate headquarters at Ikoyi. Ikoyi is home to the creme de la creme of the Nigerian society, from diplomats to senior company, business executives and senior public servants.

Read the full area guide
FAQ

Frequently asked questions

The average price of 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦120,000,000 per annum.

The price of the most expensive 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦170,000,000 per annum.

The price of the cheapest 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦35,000,000 per annum.

There are 292 available 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for 5 bedroom flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos range from ₦30,000,000 to ₦1,634,124,226.

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