Nigeria Property Centre

Serviced Terraced Duplexes in Banana Island, Ikoyi, Lagos

There are 269 houses for sale and rent in Banana Island as of 11 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.

4 Bedroom Maisonette with BQ — Banana Island, Ikoyi, Lagos
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23
$1,600,000

Terraced duplex for sale

4 Bedroom Maisonette with BQ

For sale (Currently Under Construction) 4 Bedroom Maisonnettes with BQs with world class amenities and unmatched elegance. Location: Banana Island, Ikoyi. Price: $1.6m(USD) or the equivalent sum in Naira at the prevailing exchange rate. ~ Secure a unit with installment payments upon completion. Indulge in : - Gym & Spa - Sauna - Coffee Shop & Salon - Multi-level Car Park/Parking lot - Suspended Swimming Pool - State-of-the-Art Finishing - Fully Fitted Kitchen - Breathtaking Ocean & City Views - Modern Elevator - 24-Hour Concierge - Round-the-Clock Security ...and so much more. Nestled in the prestigious Banana Island, Ikoyi --- offering serenity, prestige, and exceptional investment value. Experience the lifestyle you deserve, in the address everyone desires. ~ Limited units are available! For further enquiries and guided viewings, kindly contact us on 07065266133, 07010281009 Email:[email protected]

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Bera Deals
5 Bedroom Terraced Duplex with BQ — Banana Island, Ikoyi, Lagos
Premium
10
₦80,000,000 /yr

Terraced duplex for rent

5 Bedroom Terraced Duplex with BQ

Exclusively for direct clients only For rent -- luxury 5-bedroom terrace duplex with BQ & swimming pool Location: Banana Island, Ikoyi, Lagos. Experience premium residential living in this spacious 5-bedroom terrace duplex, situated within a fully serviced residential development in Banana Island. Financial summary - Annual Rent: ₦80,000,000 - Agency Fee (10%): ₦8,000,000 - Legal Fee (10%): ₦8,000,000 Property Highlights - 5-bedroom terrace duplex - Boys' quarters (BQ) - Swimming pool - Fully serviced residential facility - Prestigious Banana Island address Ideal for: Diplomats, expatriates, corporate executives and families seeking premium accommodation in Ikoyi. Viewing & enquiries Inspection fee applies. Viewing by appointment. Knight Angels Realties Limited 07038451502 Premium Properties Exceptional Service

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets
Knight Angels Realties LTD
4 Bedroom Terraced Duplex with Swimming Pool and Backyard — Banana Island, Ikoyi, Lagos
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20
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Terraced Duplex with Swimming Pool and Backyard

4 Bedroom Terrace Duplex + BQ, Swimming Pool & Backyard Features include: - Swimming Pool - Generator - Water Treatment - Backyard Location: Banana Island, Lagos Rental Value: 60m Per Annum Agency: 10% Legal: 10% Caution: 10% Service Charge: 5.5m (Cleaning, Gardening, Generator Servicing, Waste Disposal, Security Staff Payment, General Maintainance). For More Information, Kindly Call/WhatsApp: Phone: 09039694411

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Shortlet Me Inn
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
4 Bedroom Duplex — Banana Island, Ikoyi, Lagos
Premium
10
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Duplex

The most spacious wing of a duplex, 4 bedroom terrace house on 3 floors in the prestigious estate for rent. Rent: N60m p.a Service charge N5.5m Diesel inclusive. Agency and Legal (10% each) Features communal swimming pool and gym

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 4 toilets
Kland Realtors
Beautifully 4 Bedroom Terrace — Banana Island, Ikoyi, Lagos
Premium
11
₦50,000,000 /yr

Terraced duplex for rent

Beautifully 4 Bedroom Terrace

Tastefully finished 5 units of 4 bedroom terraced apartments 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 The property 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. Isobu Not for shortlet use.

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets 2 Parking
Property 831 LTD
Exquisite 4 Bedroom Townhouse with BQ — Banana Island, Ikoyi, Lagos
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12
₦45,000,000 /yr

Terraced duplex for rent

Exquisite 4 Bedroom Townhouse with BQ

4 Bedroom Townhouse with a Boys' Quater @ Banana Island Road. Rent - 45million Agency- 10% Legal - 10% Caution - 10% SC - 2,640,000 Estate Levy -TBC

Banana Island, Ikoyi, Lagos Added yesterday
4 beds 4 baths 5 toilets
Tory's Realty
5 Bedroom Duplex — Off Ogun Street, Banana Island, Ikoyi, Lagos
Premium
10
₦60,000,000 /yr

Terraced duplex for rent

5 Bedroom Duplex

5 bed Duplex in banana island Come with BQ as d Pool Rent 60m Service 5m Legal fee 10% Caution fee10% Agent fee 10% - 24/7 security - 24/7 power supply - 2unit in a compound

Off Ogun Street, Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Haines &baines Apartments
Luxury 4 Bedroom Terrace Duplex + BQ — Banana Island, Ikoyi, Lagos
Premium
11
₦85,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace Duplex + BQ

For lease: 4-Bedroom Terrace House with BQ -- Banana Island, Ikoyi a well-appointed 4-bedroom terrace house located at Banana Island Estate, offering comfortable living in a prestigious and secure neighbourhood. Property Features 4 Bedrooms 1-Room Boys' Quarters (BQ) Prime location within Banana Island Lease Terms Rent: ₦85,000,000 per annum Service Charge: ₦6,000,000 Diesel Deposit: ₦3,000,000

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
360 Degree Properties LTD
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.
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Farm Land Road
Luxury 4 Bedroom Terrace House, BQ, Pool, Gym — Banana Island, Ikoyi, Lagos
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13
₦58,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace House, BQ, Pool, Gym

Direct clients preferable Luxury 4 bedroom terrace house with bq, swimming pool, gym etc in Banana Island Estate Ikoyi Rent: N58m per annum (2yrs preferably) 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
Spacious 4 Bedroom Duplex in Serene and Secured Estate — Banana Island Estate, Banana Island, Ikoyi, Lagos
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8
₦50,000,000 /yr

Terraced duplex for rent

Spacious 4 Bedroom Duplex in Serene and Secured Estate

_to let - banana island_ 4 Bedroom Terrace + BQ + Swimming Pool+ Children playground Banana Island, Ikoyi - Most Exclusive Estate in Lagos rent: ₦50M Additional Charges: - Service Charge: ₦5.5M - Agency: 10% - Legal: 10% Features: - 3 spacious livingrooms - Spacious study room - All the rooms are with balconies - Boys Quarters - Swimming Pool - Top security & serenity - Individual Children playground - Rooftop sit out

Banana Island Estate, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Ambuiltech Project & Services Ventures LTD
5 Units of 4 Bedroom Terrace Houses with 1 Room Service Quarter — Off Osborne Road, Banana Island, Ikoyi, Lagos
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12
₦50,000,000 /yr

Terraced duplex for rent

5 Units of 4 Bedroom Terrace Houses with 1 Room Service Quarter

Ikoyi is an affluent, high-security neighborhood on Lagos Island, widely regarded as the most exclusive residential district in Lagos. Known for its luxury real estate, quiet tree-lined streets, and refined lifestyle. Situated on the eastern edge of Lagos Island, Ikoyi is bordered by the Lagos Lagoon and Five Cowries Creek, giving parts of the area a scenic waterfront appeal. Its strategic location ensures seamless connectivity to Victoria Island, the Lagos Mainland, and Lekki via the Ikoyi--Lekki Link Bridge. The area is made up of several prestigious zones including Old Ikoyi, Southwest Ikoyi, Banana Island, Parkview Estate, and Osborne Foreshore, all known for their premium developments, strong security presence, and well-planned infrastructure. Banana Island stands out for its world-class private infrastructure, including dedicated water treatment systems, an independent power supply, underground electrical networks, and advanced sewage systems, all maintained to the highest standards. Building regulations are also strictly enforced. The property itself features: - Spacious living room - Fully fitted kitchen - pop ceiling - All bedrooms en-suite - Family lounge - Wardrobes - Water heater - Balcony - Interlocked compound floor - Parking space Corporate tenant to lease entire property or Individual corporate tenants can lease per unit. Term: 2-year lease Refundable Caution Deposit: 5% Kindly call for more information and to schedule for inspection.

Off Osborne Road, Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
17 Three Digital Realtors
5 Bedroom Contemporary Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
10
₦3,250,000,000

Terraced duplex for sale

5 Bedroom Contemporary Terraced Duplex

Luxury 5-Bedroom Contemporary Terrace Banana Island Experience refined luxury and contemporary living in this stunning 5-bedroom terrace located in the prestigious Banana Island. Thoughtfully designed with modern architecture, elegant finishes, and access to premium estate amenities, this home offers the perfect blend of comfort, exclusivity, and sophistication. Price: ₦3.250B Features: - 5 Spacious En-suite Bedrooms - Spacious & Elegant Living Area - Fitted Modern Kitchen - Elegant Dining Area - Family Lounge - Modern Bathroom Finishes - Private Balconies - Premium Contemporary Finishes - Ample Parking Space - Residents' Swimming Pool - Fully Equipped Residents' Gym - Secure & Serene Estate Environment - Well-Maintained Shared Estate Amenities a perfect choice for luxury homeowners seeking comfort, style, and premium living in one of Lagos' most prestigious neighbourhoods. Send us a DM today to schedule a private inspection. 08059060308 08120375298 [email protected]

Banana Island, Ikoyi, Lagos
5 beds 5 baths 6 toilets 3 Parking
Get-Homes Properties
4 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
16
₦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 4 baths 5 toilets 2 Parking
Tenvo Ventures
5 Units of 4 Bedroom Terraced + 1 Room Service Quarter Each — Banana Island, Ikoyi, Lagos
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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
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
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
Samflourish Properties
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

Showing 1–20 of 269 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 serviced terraced duplexes in Banana Island, Ikoyi, Lagos is ₦60,000,000 a year.

Most serviced terraced duplexes in Banana Island, Ikoyi, Lagos are priced between ₦50,000,000 and ₦70,000,000 a year.

Prices for serviced terraced duplexes in Banana Island, Ikoyi, Lagos go up to around ₦145,000,000 a year.

Prices for serviced terraced duplexes in Banana Island, Ikoyi, Lagos start from around ₦35,000,000 a year.

There are 269 available serviced terraced duplexes 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.