Nigeria Property Centre

Commercial Property for Sale in Banana Island, Ikoyi, Lagos

There are 7 commercial property for sale in Banana Island as of 27 Aug 2026. 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
Restaurants / Bars Plazas / Complexes / Malls Hostels Churches Schools Factories Hotels / Guest Houses Tank Farms Shops Filling Stations Warehouses Office Spaces
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

1–7 of 7 properties for sale

Office Complex — Ikoyi, Lagos
Premium
14
$120,000,000

Commercial property for sale

Office Complex

Exclusively for serious clients only Prime Commercial Real Estate Investment -- Ikoyi, Lagos An iconic commercial property in Ikoyi, offering unmatched potential for investors seeking high-yield, premium real estate in one of Lagos's most prestigious business districts. Strategically located to attract top-tier corporate tenants, this property is purpose-built for long-term value and sustainable returns. Property Overview Type: Premium multi-story commercial building Floors: 15 floors (approx. 1,000 sqm per floor) Total Lettable Space: 15,000 sqm Land Size: 2,500 sqm Car Parks: 80 dedicated executive spaces + 30 additional visitor/staff spaces Key Features & Infrastructure Security: 24/7 CCTV, access control, smoke detectors & advanced fire-fighting system Power: Cat generator set ensuring uninterrupted supply Vertical Mobility: High-capacity panoramic elevators Water & Waste: Modern treatment plant & efficient disposal system Communications: Pabx & satellite-ready systems Finishes: Granite-finished lobby, luxury interiors with European-standard fittings Amenities: Reception lobby, management office, gym, restaurant, and modern utilities (WiFi, AC, TV Cable, water treatment, etc.) Location Advantage Ikoyi -- Lagos's most exclusive commercial corridor, with easy access to Victoria Island, Banana Island, and Lagos Island. The area is a magnet for blue-chip companies, multinationals, and high-profile institutions. Title Clean Title -- Guaranteed seamless transfer. Investment Appeal This property presents a rare opportunity to secure a trophy commercial asset in Lagos's strongest performing real estate market. With its prime location, luxury-grade specifications, and large floor plates, it is perfectly positioned to deliver long-term rental yields and capital appreciation. Price: $120,000,000 Brokerage Fee: 5% Inspection requirements (STRICTLY ENFORCED) Inspection will only be granted upon submission of the following by the direct buyer: Letter of Intent (LOI) Bank Comfort Letter or verifiable Proof of Funds Executed mou confirming payment of the 5% facilitator's fee viewing & process Access is granted strictly upon verification of financial capacity. All title documents and operational records will be released for due diligence to qualified direct buyers. Important notice This offering is strictly for serious, financially prepared direct clients only. Agents and intermediaries are respectfully requested not to inquire.

Ikoyi, Lagos
Ogb Global Properties Limited
Residential Property — Banana Island, Ikoyi, Lagos
Featured
13
$25,000,000

Commercial property for sale

Residential Property

Multi-Unit Residential Property Location: Banana Island, Ikoyi Price: $25M The Building includes: - 2 units of 2-bedroom apartments - 2 units of 3-bedroom apartments - 1 unit of 1-bedroom apartment - 1 unit of 4-bedroom apartment - 2 studio apartments - 2 units of 4-bedroom duplexes - 1 luxury penthouse consisting of 9 rooms including maid's room, 2 sitting rooms, 1 large kitchen, 1 small store room and 1 large overhead storeroom accessible by overhead staircase Features: - Indoor swimming pool - Well equipped gym - Cctv - Treated water supply - Ample parking space - Centrally supplied gas system - Elevator - Two 24hours standy generator - Premium environment - Secure neighborhood

Banana Island, Ikoyi, Lagos
1700 sqm
Marketbooy of Lagos Realty Limited
Luxury Mini Estate — Banana Island, Ikoyi, Lagos
Featured
11
$25,000,000

Commercial property for sale

Luxury Mini Estate

Luxury MINI-Estate for Sale Banana Island, Ikoyi -- Lagos, Nigeria An exceptional opportunity to acquire a fully developed luxury residential mini-estate in Banana Island, Ikoyi, one of the most exclusive addresses in Lagos. The property sits on 4,000 sqm and comprises 25 premium residential units, thoughtfully designed to deliver comfort, privacy, and modern luxury within a secure gated environment. Property Details Location: Banana Island Estate, Ikoyi, Lagos Title: Lasg Certificate of Occupancy Land Size: 4,000 sqm Total Units: 25 Luxury Apartments Development Configuration The estate consists of a carefully planned mix of apartment types: 1 Penthouse -- 4 Bedrooms 12 Apartments -- 3 Bedrooms 8 Apartments -- 2 Bedrooms 4 Apartments -- 1 Bedroom All units are well-finished and designed to maximize space, natural light, and comfortable living. Amenities & Features Residents enjoy a full range of premium lifestyle facilities, including: Swimming pool Fully equipped gym Spacious car parking All rooms ensuite with fitted closets Bullet-resistant security doors Advanced alarm system CCTV surveillance 24-hour security personnel Professional onsite facilities management

Banana Island, Ikoyi, Lagos
Knight Angels Realties LTD
Luxury Mini Estate — Banana Island, Ikoyi, Lagos
Featured
11
$25,000,000

Commercial property for sale

Luxury Mini Estate

Luxury MINI-Estate for Sale Banana Island, Ikoyi -- Lagos, Nigeria An exceptional opportunity to acquire a fully developed luxury residential mini-estate in Banana Island, Ikoyi, one of the most exclusive addresses in Lagos. The property sits on 4,000 sqm and comprises 25 premium residential units, thoughtfully designed to deliver comfort, privacy, and modern luxury within a secure gated environment. Property Details Location: Banana Island Estate, Ikoyi, Lagos Title: Lasg Certificate of Occupancy Land Size: 4,000 sqm Total Units: 25 Luxury Apartments Development Configuration The estate consists of a carefully planned mix of apartment types: 1 Penthouse -- 4 Bedrooms 12 Apartments -- 3 Bedrooms 8 Apartments -- 2 Bedrooms 4 Apartments -- 1 Bedroom All units are well-finished and designed to maximize space, natural light, and comfortable living. Amenities & Features Residents enjoy a full range of premium lifestyle facilities, including: Swimming pool Fully equipped gym Spacious car parking All rooms ensuite with fitted closets Bullet-resistant security doors Advanced alarm system CCTV surveillance 24-hour security personnel Professional onsite facilities management Location Advantage Located within the prestigious Banana Island Estate, Ikoyi, the property offers a quiet, highly secure residential environment known for housing diplomats, executives, and high-net-worth individuals. Banana Island remains one of the most sought-after luxury residential markets in Lagos, offering excellent long-term value and strong rental demand from corporate tenants and expatriates.

Banana Island, Ikoyi, Lagos
Ogb Global Properties Limited
$200,000,000

Hotel / guest house for sale

Turnkey 5- Star Hotel

Turnkey 5-star hotel 165 keys 15 floors 6,500 SQM gerrard road, ikoyi US$200 million a Landmark Hospitality Investment in Lagos An exceptional opportunity to acquire a landmark luxury hotel in the heart of Ikoyi, Lagos. This 95% completed, 15-floor, 165-key hospitality asset is strategically located. Designed to international standards and ready for final delivery, this is a rare opportunity for hotel operators, institutional investors, private equity firms, sovereign wealth funds, and hospitality groups seeking immediate entry into West Africa's most resilient luxury hospitality market. Property Highlights Price: US$200 Million. Property Type: Luxury 5-Star Hotel Status: Approximately 95% Completed Land Size: 6,500 SQM Building Height: 15 Floors Accommodation: 165 Luxury Guest Rooms & Suites Location: Gerrard Road, Ikoyi, Lagos, Nigeria Key Features Premium 5-star hotel designed to international hospitality standards 165 well-planned guest rooms and suites Signature 4th-floor swimming pool with elevated skyline views Fully installed Mechanical, Electrical & Plumbing (MEP) systems Rooftop engineering plant and operational infrastructure in place Contemporary architectural façade Generous setback with excellent vehicular access Positioned for rapid completion and operational launch Prime Location Advantage Situated in , Ikoyi, one of Africa's most prestigious business and residential districts, the property enjoys close proximity to: Corporate headquarters Diplomatic missions and embassies Financial institutions Luxury residential developments Fine dining and lifestyle destinations Victoria Island Business District Banana Island Lagos commercial and financial hub Investment Opportunity This asset offers a rare plug-and-play opportunity within Lagos' premium hospitality market. With strong demand driven by: International business travel Diplomatic activity Multinational corporations High-net-worth visitors Conferences and executive events Ikoyi consistently commands some of the highest Average Daily Rates (ADR) and occupancy levels in Nigeria's luxury hotel sector. The property's advanced construction status significantly reduces development risk, shortens the path to revenue generation, and provides investors with the opportunity to commence operations within a relatively short timeframe after acquisition. Ideal Buyers International Hotel Brands Luxury Hospitality Operators Institutional Investors Private Equity Funds Sovereign Wealth Funds Family Offices Real Estate Investment Companies Hospitality REITs Asking Price: US$200,000,000 Inspection: Strictly by prior appointment and proof of financial capacity. For confidential discussions, investment analysis, or to schedule a private inspection, Kindly contact n.e.w.s Realty Limited. [email protected] [email protected] +234 8137143886 +234 8137439166

Ikoyi, Lagos
165 beds
News Realty Limited
Prime Commercial Real Estate Investment — Kingsway Road, Ikoyi, Lagos
18
$120,000,000

Plaza / complex / mall for sale

Prime Commercial Real Estate Investment

Exclusively for direct clients only Prime Commercial Real Estate Investment -- Ikoyi, Lagos An iconic commercial property in Ikoyi, offering unmatched potential for investors seeking high-yield, premium real estate in one of Lagos's most prestigious business districts. Strategically located to attract top-tier corporate tenants, this property is purpose-built for long-term value and sustainable returns. Property Overview Type: Premium multi-story commercial building Floors: 15 floors (approx. 1,000 sqm per floor) Total Lettable Space: 15,000 sqm Land Size: 2,500 sqm Car Parks: 80 dedicated executive spaces + 30 additional visitor/staff spaces Key Features & Infrastructure Security: 24/7 CCTV, access control, smoke detectors & advanced fire-fighting system Power: Cat generator set ensuring uninterrupted supply Vertical Mobility: High-capacity panoramic elevators Water & Waste: Modern treatment plant & efficient disposal system Communications: Pabx & satellite-ready systems Finishes: Granite-finished lobby, luxury interiors with European-standard fittings Amenities: Reception lobby, management office, gym, restaurant, and modern utilities (WiFi, AC, TV Cable, water treatment, etc.) Location Advantage Ikoyi -- Lagos's most exclusive commercial corridor, with easy access to Victoria Island, Banana Island, and Lagos Island. The area is a magnet for blue-chip companies, multinationals, and high-profile institutions. Title Clean Title -- Guaranteed seamless transfer. Investment Appeal This property presents a rare opportunity to secure a trophy commercial asset in Lagos's strongest performing real estate market. With its prime location, luxury-grade specifications, and large floor plates, it is perfectly positioned to deliver long-term rental yields and capital appreciation. Price: $120,000,000 Brokerage Fee: 5% Inspection requirements (STRICTLY ENFORCED) Inspection will only be granted upon submission of the following by the direct buyer: Letter of Intent (LOI) Bank Comfort Letter or verifiable Proof of Funds Executed mou confirming payment of the 5% facilitator's fee viewing & process Access is granted strictly upon verification of financial capacity. All title documents and operational records will be released for due diligence to qualified direct buyers. Important notice This offering is strictly for serious, financially prepared direct clients only. Agents and intermediaries are respectfully requested not to inquire.

Kingsway Road, Ikoyi, Lagos
Knight Angels Realties LTD
A 50 Luxury Rooms Functional Hotel Available — Banana Island Road, Banana Island, Ikoyi, Lagos
1
₦20,000,000,000

Hotel / guest house for sale

A 50 Luxury Rooms Functional Hotel Available

for sale A 50 luxury rooms functional hotel at off banana island road, ikoyi, lagos island. features: - terrace - gym - restaurant - bar - penthouse with private rooftop & terrace price: 7 billion lease option: annual rent: 400m (5years upward) facilitators fee: 5% this prime commercial property offers a unique opportunity for investors or entrepreneurs looking to capitalize on ikoyi's thriving business and hospitality sectors. The hotel's amenities and strategic location make it an attractive prospect for various uses including: - hotel operations - office space - event venue - mixed-use development note: Only serious investors (no buyer/client no inspection).. Stn..

Banana Island Road, Banana Island, Ikoyi, Lagos
50 beds 50 baths 50 toilets 50 Parking
Loyalty Homes Limited

Showing 1–7 of 7 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

There are 7 available commercial property for sale in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.

Prices for commercial property for sale in Banana Island, Ikoyi, Lagos range from ₦20,000,000,000 to ₦268,899,786,400.

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