Nigeria Property Centre

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

There are 284 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
Features
Furnished & Unfurnished

1–20 of 284 properties for rent

5 Bedroom House — Banana Island Road, Ikoyi, Lagos
Premium
18
₦80,000,000 /yr

Semi-detached duplex for rent

5 Bedroom House

To let Tastefully built five (5) bedroom semi detached in a serene environment inside an estate with a room boys quarter and a communal swimming pool, in banana island now available for letting Location: Banana island road Features: - Living room - Modern fitted kitchen - BQ (self contained) - Communal swimming pool - 24/7 security & well maintained Estate - Ample parking space Rent: N80 Million Naira Service charge: N3.9 Million Naira Power: N400 Niara per kilowatt Diesel deposit: N200 Thousand Naira Monthly Contribution Caution fees: 10% of gross rental value Legal fees: 10% of gross rental value Agency fees: 10% of gross rental value

Banana Island Road, Ikoyi, Lagos Added today
5 beds 5 baths 6 toilets 5 Parking
Kodak Ace Property LTD
Luxurious 5 Bedroom Semi-Detached Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
23
₦100,000,000 /yr

Semi-detached duplex for rent

Luxurious 5 Bedroom Semi-Detached Duplex with BQ

Spacious self gated, semi detached, 5 bedroom duplex for Rent in banana island, ikoyi Residential Area & corner piece with boy quarter, all rooms ensuite, fitted kitchen private Elevator banana island ikoyi. Rent price; N100m per annum asking. Parking space; 4/5cars Terms; 2 yrs. Agency fees; 10% Legal fees; 10% Caution fees; N5m Vat ;7.5% Wand 6/8/26

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Tory's Realty
5 Bedroom House — Banana Island, Ikoyi, Lagos
Premium
8
₦130,000,000 /yr

Detached duplex for rent

5 Bedroom House

A fully detached luxury 5 bedroom house plus 1 room service quarters with security house and ample parking space and swimming pool. Location: Banana Island, Ikoyi Rental price: N130 million per annum Terms can be negotiated

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 6 toilets 10 Parking
Kodak Ace Property LTD
5 Bedroom House — Banana Island, Ikoyi, Lagos
Premium
7
₦125,000,000 /yr

Detached duplex for rent

5 Bedroom House

A fully detached luxury 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space. Location: Banana Island, Ikoyi Rental price: 125 million per annum Note: Currently undergoing renovations

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 6 toilets 10 Parking
Kodak Ace Property LTD
5 Bedroom House — Banana Island Road, Ikoyi, Lagos
Premium
11
₦40,000,000 /yr

Terraced duplex for rent

5 Bedroom House

To let Remarkably, tastefully built five (5) bedroom terrace property with a room boys quarter on banana island road is now available for immediate letting Location: Banana island road Rent: N40 Million Naira Service charge: Caution fees: 10% of gross rental value Legal fees: 10% of gross rental value Agency fees: 10% of gross rental value

Banana Island Road, Ikoyi, Lagos Added yesterday
5 beds 5 baths 6 toilets 4 Parking
Kodak Ace Property LTD
Luxury 5 Bedroom Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
18
₦70,000,000 /yr

Terraced duplex for rent

Luxury 5 Bedroom Duplex with BQ

Luxury Terrace Living - 5-Bedroom Terrace + BQ - Banana Island, Ikoyi - ₦70M/Year For Rent: Well- Positioned 5-Bedroom Terrace with Boys' Quarters, located in the exclusive and prestigious Banana Island, Ikoyi offering privacy, comfort, and access to premium lifestyle amenities. Location: Banana Island, Ikoyi Rent: ₦70,000,000 per annum Service Charge: ₦6,000,000 Agency: 10% - Legal: 10% Comes With: All rooms ensuite - Modern fitted kitchen - Spacious living areas - Boys' Quarters - 3 parking spaces - Swimming pool - Fully equipped gym - Secure and serene environment - Premium neighborhood setting

Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 6 toilets
Successful Benjyd Global Enterprise
Massive 5 Bedroom Detached Home (with Spacious Private Compound) — Banana Island, Ikoyi, Lagos
Premium
25
₦125,000,000 /yr

Detached duplex for rent

Massive 5 Bedroom Detached Home (with Spacious Private Compound)

Massive 5 Bedroom Detached Home within a private/exclusive and self-serviced compound located within Banana Island Estate, Ikoyi, Lagos. Accommodation details: Ground floor -- Main Entrance; Spacious Guest Waiting Area; Massive Living Area; Ample Designated Dining Area; Ample Kitchen; Guest Toilet; 1st Bedroom (ensuite). First floor -- 2nd Bedroom (ensuite); 3rd Bedroom (ensuite); Ample Family Lounge (with sit-out balcony); 4th Bedroom (ensuite); Gigantic Master Bedroom (ensuite). Other features: Partly-fitted Kitchen; Good quality wardrobes; Good quality Sanitary Wares and Bathrooms; Good quality fixtures and fittings; 2-Room Steward Quarters; Generator House; Gate-House; etc. Facilities/amenities: Gated private compound; Borehole with Water Treatment Plant; Adequate Water Storage Tanks; Car-park for 5 cars; Green areas with matured trees; etc. Rent is NGN125,000,000 (ONE hundred and twenty five million naira ONLY) per annum. Refundable Security Deposit is NGN6M. Term -- Please call. Agency Fee and Legal Fee applies. All pricing are as at may 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 24-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
5 beds 5 baths 6 toilets 5 Parking
First Colony Real Estate Company LTD
Waterview 5 Bedroom Fully Detached House — Banana Island, Ikoyi, Lagos
Premium
25
₦145,000,000 /yr

Detached duplex for rent

Waterview 5 Bedroom Fully Detached House

5 bedroom fully detached houses in Banana Island, Ikoyi but 3 units in a compound with good management Features: - 5 bedrooms all en-suite - 2 living rooms - Lift - Cinema room - Home Automation - Study/Home Office - Suspended swimming Pool - 2 bedroom BQ - lift. - gym house - Fully fitted kitchen rent: 145million naira per annum Agency fee @ 10% Legal fee @ 10% Caution deposit @ 5% Service charge deposit @ 10million per annum

Banana Island, Ikoyi, Lagos
5 beds
First Class Realties
5 Bedrooms Semi Detached Duplex with BQ and Swimming Pool, & Cinema — Banana Island, Ikoyi, Lagos
Premium
18
₦80,000,000 /yr

Semi-detached duplex for rent

5 Bedrooms Semi Detached Duplex with BQ and Swimming Pool, & Cinema

Specious 5bedrooms semi detached duplex with bq and swimming pool Rent: 80 Million Service charge: Caution: 10% Agency: 10% Legal: 10% Location: Banana island Ikoyi

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
Ninahomesltd
5 Bedroom Terrace Duplex — Residential Zone, Banana Island, Ikoyi, Lagos
Premium
14
₦35,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Duplex

5 bedroom terrace duplex Banana island 35m per annum Agency,Legal and Caution 10%each 2 people in a compound

Residential Zone, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 2 Parking
Planwell Homes
Well Maintained 5 Bedroom Fully Detached Duplex with Two Rooms BQS — Banana Island, Ikoyi, Lagos
Premium
22
₦120,000,000 /yr

Detached duplex for rent

Well Maintained 5 Bedroom Fully Detached Duplex with Two Rooms BQS

For Rent Fully detached 5 bedroom house plus 2 separate rooms service quarters with security house and ample parking space. Location: Banana Island, Ikoyi Rent: 120m per annum Other Charges Agency: 10% Caution: 10% Legal: 10% Contact us on: 08143126763

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Rent and Buy Homes
A Fully Detached Luxury 5 Bedroom House Plus 1 Room Service Quarters — 5th Avenue, Banana Island, Ikoyi, Lagos
Premium
11
₦130,000,000 /yr

Detached duplex for rent

A Fully Detached Luxury 5 Bedroom House Plus 1 Room Service Quarters

A fully detached luxury 5 bedroom house plus 1 room service quarters. With security house and ample parking space and swimming pool. Location: 5th Avenue, Banana Island, Ikoyi Rental price: 150 million per annum asking Note: To be renovated

5th Avenue, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 6 Parking
Ubosi Eleh and Co.
5 Bedroom House — Parkview, Ikoyi, Lagos
Premium
10
₦100,000,000 /yr

House for rent

5 Bedroom House

CW09814 5 Bedroom House in Ikoyi a well-maintained 5-bedroom detached house with a guest room and 2-room Boys' Quarters (BQ), sitting on approximately 900 sqm of land in the prestigious Parkview Estate, Ikoyi. This versatile property is ideal for quiet office use or luxury residential living, offering generous space and a prime address within one of Lagos' most exclusive neighborhoods. Rental Details Rent: ₦100,000,000 per annum Property Features 5 Spacious En-Suite Bedrooms Guest Room 2-Room Boys' Quarters (BQ) Approximately 900 sqm Land Size Spacious Living & Dining Areas Ample Parking Space Well-Maintained Property Ideal Uses Corporate Office Embassy Residence Executive Residence Family Home Consulting Firm Professional Services Office Highlights Prestigious Parkview Estate Address Suitable for Residential or Quiet Commercial Use Large Compound with Excellent Space Utilization Secure and Serene Environment Easy Access to Victoria Island, Old Ikoyi, Banana Island, Top Schools, Hospitals, Shopping Centres, Fine Dining Restaurants, and Major Business Districts Location: Parkview Estate, Ikoyi, Lagos An exceptional leasing opportunity in Parkview Estate, offering expansive space, flexibility for residential or office use, and one of the most prestigious addresses in Ikoyi. For more Information, Pricing and Private Viewings Please Contact: Jennifer: +234 704 808 9361 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
A Fully Detached Luxury 5 Bedroom House Plus 2 Separate Rooms Service — Abia Street, Banana Island, Ikoyi, Lagos
Premium
11
₦120,000,000 /yr

Detached duplex for rent

A Fully Detached Luxury 5 Bedroom House Plus 2 Separate Rooms Service

A fully detached luxury 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space Location: In a quiet and serene Close, Abia Street, Banana Island, Ikoyi Rental price: 125 million per annum Note: Currently undergoing renovations

Abia Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Ubosi Eleh and Co.
5 Bedroom Terraced Apartment — Banana Island, Ikoyi, Lagos
Premium
14
₦70,000,000 /yr

Terraced duplex for rent

5 Bedroom Terraced Apartment

For lease: Description: 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: N70,000,000 per annum Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% Pictures available upon request.

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
New Adventure Limited
5 Bedroom Semi Detached Duplex — Ikoyi, Lagos
Premium
12
₦85,000,000 /yr

Semi-detached duplex for rent

5 Bedroom Semi Detached Duplex

CW09614 5 Bedroom Semi Detached Duplex in Ikoyi Ikoyi, Lagos Experience luxury waterfront living in this beautifully designed 5-bedroom semi-detached duplex located in one of Ikoyi's most exclusive neighborhoods. Offering generous living spaces, contemporary finishes, and stunning waterfront surroundings, this residence is ideal for families, executives, and expatriates seeking a premium lifestyle. Rental Details Rent: ₦85,000,000 per annum (Slightly Negotiable) Features & Amenities Waterfront Property 5 Spacious En-Suite Bedrooms 2-Room Boys' Quarters (BQ) Fully Fitted Kitchen Elevator Spacious Living & Dining Areas Spacious Compound Security House Modern Interior Finishes Highlights Prime Ikoyi Waterfront Location Semi-Detached Luxury Residence Contemporary Design & Finishes Spacious Family-Friendly Layout Ideal for Families, Executives, and Expatriates Excellent Privacy and Security Close to Victoria Island, Banana Island, Ikoyi Club, Premium Schools, Fine Dining, Shopping Centres, and Major Business Districts Location: Ikoyi, Lagos a rare opportunity to lease a luxury waterfront residence in Ikoyi, offering premium living, modern amenities, and an exceptional address in one of Lagos' most prestigious neighborhoods. For more Information, Pricing and Private Viewings Please Contact: Olade: +234 810 875 5286 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

Ikoyi, Lagos
5 beds 5 baths 6 toilets
C W Real Estate
5 Bedroom Semi Detached House — Parkview, Ikoyi, Lagos
Premium Verified Photos
25
₦60,000,000 /yr

Semi-detached duplex for rent

5 Bedroom Semi Detached House

For rent 5 Bedroom semi detached house Location: Parkview Estate Ikoyi. Rent: 60m Agency: 10% Legal fee: 5% Caution fee: 10% A refined space designed with absolute comfort, security and tasteful living in mind. 5 spacious all-ensuite bedrooms + a Study/ Home office. Boy's quarter. Box room/Storage room. High-grade sanitary finishes with premium floor tiles. Fullv fitted modern kitchen. Reverse osmosis water treatment system. Electric fence for enhanced security. Concealed AC units for a clean. seamless look. Pre-wired DSTV connection. Elegant pop ceiling design. Private garden for relaxation. Shared swimming pool with and outdoor lounge area for leisure. For further enquiries and viewings kindly contact us on 07065266133, 07010281009 Email : [email protected]. We have other Listings in Banana Island Estate, Falomo Osborne, Parkview Estate, Old Ikoyi, 2nd Avenue Estate, 3rd Avenue, Abacha Estate, Abdullahi Adamu Estate, Awolowo Road Ikoyi, Banana Island, Glover Road, 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

Parkview, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Bera Deals
Standard and Spacious 5 Bedroom Terraced Duplex with a BQ — Banana Island, Ikoyi, Lagos
Premium
11
₦40,000,000 /yr

Terraced duplex for rent

Standard and Spacious 5 Bedroom Terraced Duplex with a BQ

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
Trev Limited
5 Bedroom Terrace Duplex + BQ & Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
12
₦70,000,000 /yr

Terraced duplex for rent

5 Bedroom Terrace Duplex + BQ & Swimming Pool

Ref: Lea - nse - 17 Description: 5 Bedroom Terrace Duplex + BQ & Swimming Pool Location: Banana Island Ikoyi Rent: 70m Service charge: N6 million deposit including diesel Agency: 10% Legal: 10% Caution: 5% For More Information, Kindly Call/WhatsApp: Phone: 08180295362, 08035703715

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 4 Parking
No SQM Escapes
5 Bedroom Detached Duplex — Banana Island, Ikoyi, Lagos
Premium
10
₦120,000,000 /yr

House for rent

5 Bedroom Detached Duplex

https://drive.google.com/drive/folders/1E02Jr1wTc7RyWrzgYuMAkrq0ZlySRS0f a fully detached luxury 5 bedroom house plus 2 separate rooms service quarters. With security house and ample parking space Location: In a quiet and serene Close, Abia Street, Banana Island, Ikoyi Rental price: 120 million per annum Note: Currently undergoing renovations

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets
Isinmi Living

Showing 1–20 of 284 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 furnished 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 furnished 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 furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos is ₦35,000,000 per annum.

There are 284 available 5 bedroom furnished 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 furnished flats, houses, land and commercial property for rent in Banana Island, Ikoyi, Lagos range from ₦30,000,000 to ₦245,118,634.

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