Nigeria Property Centre

Terraced Duplexes for Rent in Banana Island, Ikoyi, Lagos

There are 351 houses for rent in Banana Island as of 21 Aug 2026, with an average price of ₦55M. 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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Lovely 4 Bedroom Terrace Duplex with All Rooms En-Suite
5 photos
₦40,000,000 /yr

Terraced duplex for rent

Lovely 4 Bedroom Terrace Duplex with All Rooms En-Suite

For rent in banana island, lagos Description: Renovated 4 Bedroom terrace house with all rooms en-suite, perfectly situated on 2nd Avenue in the prestigious estate in Ikoyi. Property Features *4 spacious en-suite bedrooms *Dedicated parking space *Air conditioning in all rooms *1-room staff quarters *Fully equipped kitchen *Swimming pool *Gymnasium *Balcony terrace on each floor *Serene and secure environment Financial Details Rent: ₦40,000,000 per annum Service Charge: ₦3,000,000 per annum Diesel Deposit: ₦2,500,000 For Enquiries & Inspection: Beverly and Sam Properties Victoria: +234 803 815 6271

220 Close, Banana Island, Ikoyi, Lagos
4 Beds 4 Baths 5 Toilets 2 Parking

Beverly & Sam Properties

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Serviced 4 Bedroom Terrace Duplex with BQ and Swimming Pool — Banana Island, Ikoyi, Lagos
Premium
21
₦45,000,000 /yr

Terraced duplex for rent

Serviced 4 Bedroom Terrace Duplex with BQ and Swimming Pool

To Let Fully serviced 4 bedroom terrace duplex with bq,fitted kitchen, ensuite bedrooms, swimming pool and ample parking. Price: 1.5b Rent: N45m per annum (40m 2 yrs payable). Service charge: N3m Diesel deposit N2.5m Caution Deposit: N5m Agency 10% Legal 10% There is a Prepaid meter for each unit.. you recharge your phcn as you use. Generator back up is immediately public light goes off.

Banana Island, Ikoyi, Lagos Added today
4 beds 4 baths 5 toilets
Mo Resources & Services LTD
Exclusive Corporate 4-Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
24
₦50,000,000 /yr

Terraced duplex for rent

Exclusive Corporate 4-Bedroom Terraced Duplex

Exclusive corporate lease banana island 5 Units of Exquisite 4-Bedroom Terrace Houses, each thoughtfully designed with a 1-Room Service Quarters, situated in a serene, secure, and highly sought-after estate in Banana Island, Lagos Leasing Options: - One corporate tenant can lease all 5 units - Individual corporate tenants can lease per unit Rent: ₦50,000,000 per unit Minimum Lease Term: 2 Years Service Charge: ₦4,000,000 per annum Caution Deposit: 5% Agency Fee: 10% of Gross Rental Value ️ Legal Fee: 10% of Gross Rental Value Location: Banana Island, Lagos, Nigeria Strictly for serious corporate enquiries. Contact for further details and inspection.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Emmidez Homes Limited
5 Bedrooms Terraced Duplex with BQ Available — Banana Island Road, Banana Island, Ikoyi, Lagos
Premium
10
₦40,000,000 /yr

Terraced duplex for rent

5 Bedrooms Terraced Duplex with BQ Available

To let 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 Road, Banana Island, Ikoyi, Lagos Added yesterday
5 beds 5 baths 6 toilets 2 Parking
Ninahomesltd
5 Bedroom — Banana Island, Ikoyi, Lagos
Premium
11
₦40,000,000 /yr

Terraced duplex for rent

5 Bedroom

To let 5-Bedroom Terrace House with 1-Room BQ Banana Island Road, Ikoyi Rent: ₦40 Million per annum Agency 10% Legal 10% Caution 10% Service charge: TBD Features: Spacious living areas 5 en-suite bedrooms 1-room Boys' Quarters (BQ) 3--4 car parking spaces per unit Prime and secure location Mx

Banana Island, Ikoyi, Lagos
5 beds 5 baths 5 toilets 3 Parking
Go Global Realty
4 Bedroom Terraced Duplex — Banana Island, Ikoyi, Lagos
Premium
16
₦55,000,000

Terraced duplex for rent

4 Bedroom Terraced Duplex

CW09076 4 Bedroom Terrace Duplex in Ikoyi Banana Island, Ikoyi, Lagos a premium 4-bedroom luxury terrace duplex set across three levels within a secure mini estate in the prestigious Banana Island. Designed for upscale family living, the property offers spacious interiors, premium amenities, and beautiful views overlooking the Five Cowrie Creek. Rental Details Rent Options: ₦55,000,000 per annum ₦60,000,000 per annum ₦65,000,000 per annum Preferred Lease Term: 2 Years Rent Upfront Additional Charges Service Charge Deposit (Inclusive of Diesel): ₦5,000,000 Refundable Caution Deposit: ₦3,000,000 Features & Amenities 4 Spacious En-Suite Bedrooms Split Unit Air Conditioners in All Rooms Fully Fitted Kitchen with Modern Appliances Private Garage Ample Parking Space Gated Community Beautifully Landscaped Grounds Well-Manicured Lawns Children's Play Area Swimming Pool with Lagoon View Fully Equipped Gym Family-Friendly Environment Views of the Five Cowrie Creek Highlights Prime Banana Island Address Secure and Exclusive Estate Ideal for Families with Children Premium Lifestyle Amenities Scenic Lagoon Views Serene and Prestigious Neighborhood Location: Banana Island, Ikoyi, Lagos An exceptional opportunity to live in one of Lagos' most prestigious residential communities, offering luxury, privacy, security, and breathtaking waterfront surroundings. For more Information, Pricing and Private Viewings Please Contact: Titilayo: +234 707 886 6245 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
4 beds 4 baths 5 toilets
C W Real Estate
Luxury 4 Bedroom Terrace Duplex with 1 Room BQ — Banana Island, Ikoyi, Lagos
Premium
8
₦70,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace Duplex with 1 Room BQ

For rent Luxury 4 Bedroom Terrace Duplex with 1 Room BQ Location: Banana island, Ikoyi Rent: ₦70M per annum Service Charge: 10% Agency Fee: 10% Legal Fee: 10% Caution Fee: ₦3M Diesel Deposit: ₦2M Features - 4 spacious bedrooms - All rooms en-suite - 1-room Boys' Quarters (BQ) - Spacious living and dining areas - Fully fitted kitchen - 24-hour electricity - Guest toilet - Ample parking space - Secure and gated estate - 24/7 security - Good access road - Serene environment Serviced property

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 4 Parking
Femi Ismail & Associates
4-Bedroom Terrace House — Banana Island, Ikoyi, Lagos
Premium
1
₦60,000,000 /yr

Terraced duplex for rent

4-Bedroom Terrace House

Location: Banana Island, Ikoyi, Lagos Property Type: Terrace House Bedrooms: 4 Rent: ₦60 Million Per Annum Transaction: Rental Zahari View A premium four-bedroom terrace residence suitable for tenants seeking the security, prestige and residential environment associated with Banana Island at a comparatively lower annual rental point within this selection. Property Highlights Four-bedroom terrace house Banana Island location Suitable for executive or family occupation Premium residential surroundings * Well-positioned within the luxury rental market Tenant Note Prospective tenants should confirm service charges, utility arrangements, estate dues, maintenance responsibilities and parking before finalising the tenancy. Inspection: Minimum 24 hours' notice required. Explore property intelligence and location insights at www.zaharihub.com Join Zahari's WhatsApp Channel for premium listings and updates: Call / WhatsApp Zahari Properties: 0803 384 8156 0907 301 3359 @zahariproperties

Banana Island, Ikoyi, Lagos
4 beds 3 baths 3 toilets
Zahari Properties
Waterfront Furnished 2 Bedroom Massionatte — Banana Island, Ikoyi, Lagos
Premium
16
₦55,000,000 /yr

Terraced duplex for rent

Waterfront Furnished 2 Bedroom Massionatte

Furnished Waterfront 2 Bedroom in Banana Island @ N55m

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets
Lambe & Eboigbe Properties
4 Bedroom Terrace Duplex — Banana Island, Ikoyi, Lagos
Premium
25
₦65,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex

CW10039 4 Bedroom Terrace Duplex in Ikoyi 2 units of newly built 4-bedroom terrace duplexes are available for rent in the prestigious Banana Island, Ikoyi. The properties offer contemporary living, premium amenities, and a clean, secure environment. Rental Details Rent: ₦65,000,000 per annum Service Charge: ₦7,000,000 per annum Additional Charges Caution Fee: 10% Agency Fee: 10% Legal Fee: 10% Features & Amenities 4 Spacious Bedrooms All Rooms En-Suite Boys' Quarters (BQ) Fully Fitted Kitchen Private Balconies Swimming Pool Gym House Ample Parking Space Clean & Well-Secured Environment Newly Built Highlights Prime Banana Island Location Brand-New Development Premium Lifestyle Amenities Spacious & Modern Interiors Secure and Serene Environment Ideal for Families and Executives Location: Banana Island, Ikoyi, Lagos Available Units: 2 For more Information, Pricing and Private Viewings Please Contact: Rose: +234 814 922 6187 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
4 beds 4 baths 5 toilets
C W Real Estate
Luxury 4 Bedroom Terrace with Excellent Facilities — Banana Island, Ikoyi, Lagos
Premium
21
₦70,000,000 /yr

Terraced duplex for rent

Luxury 4 Bedroom Terrace with Excellent Facilities

For lease on banana island road Description: Luxury 4-Bedroom Terrace with a room bq. Location: Banana Island Road, Ikoyi Maisonettes: N70 million per annum Service Charge Deposit: N6 million Diesel Deposit: N4.5 million Agency Fee: 10% Legal Fee: 10% Cautions Deposit: 5%

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Ubosi Eleh & Co
4 Bedroom Luxury Terraced Apartment — Ogun Street, Banana Island, Ikoyi, Lagos
Premium
17
₦50,000,000 /yr

Terraced duplex for rent

4 Bedroom Luxury Terraced Apartment

Ogun Street, Banana Island, Ikoyi, Lagos
4 beds 5 baths 5 toilets
Ubosi Eleh & Co
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
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
Brand New 4 Bedroom Terraced Duplex with 1 Room BQ — Banana Island, Ikoyi, Lagos
Premium
8
₦50,000,000 /yr

Terraced duplex for rent

Brand New 4 Bedroom Terraced Duplex with 1 Room BQ

Now letting Brand New 4 Bedroom Terraced Duplex with 1 Room BQ Location: Banana Island, Ikoyi Rent: ₦50m per annum Service Charge: ₦3,500,000 per annum (exclusive of power) Service Charge Covers - 24/7 security - Water supply - Cleaning of common areas - Lighting of common areas - Fumigation 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 2 Parking
Femi Ismail & Associates
Well Renovated Serviced 4 Bedroom Terraced House — Banana Island, Ikoyi, Lagos
Premium
6
₦40,000,000 /yr

Terraced duplex for rent

Well Renovated Serviced 4 Bedroom Terraced House

For rent in banana island, lagos Description: Renovated 4 bedroom terrace house with all rooms en-suite, perfectly situated on 2nd avenue in the prestigious estate in ikoyi. Key features: - dedicated car park - air conditioning in all rooms - 1 room staff quarters - equipped kitchen - swimming pool - gym - balcony terrace on each floor Rent: n40m per annum Service charge: n3m Diesel deposit n2. 5m Besa/f

Banana Island, Ikoyi, Lagos
4 beds
Oip Properties
4 Bedroom Terrace Duplex with a BQ — Banana Island, Ikoyi, Lagos
Premium
6
₦80,000,000 /yr

Terraced duplex for rent

4 Bedroom Terrace Duplex with a BQ

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets 3 Parking
Ulodoye Estate Surveyors and Valuers
4 Bedroom Duplex Plus 1 Room BQ — Banana Island, Ikoyi, Lagos
Premium
13
₦60,000,000 /yr

Terraced duplex for rent

4 Bedroom Duplex Plus 1 Room BQ

For lease 4-bedroom apartments banana island, ikoyi Location: Banana Island, Ikoyi Rent: ₦60,000,000 per annum Premium 4-bedroom apartments available for lease in the prestigious Metave Apartments, located within the highly secure Banana Island Estate. Property Features: Spacious 4-bedroom apartments All bedrooms en-suite Boys' Quarters (BQ) Located across three floors in a two-wing development Swimming pool Elevator (Lift) Standby generator Water treatment plant Ample parking space Gatehouse and dedicated management office comprising three rooms Professionally managed and well-maintained development Situated in one of Lagos' most secure and exclusive residential estates Rent: ₦60,000,000 per annum Agency fee - 10% Legal fee - 10% Caution deposit - 10% Service Charge Deposit - ₦5m annually Diesel Deposit- ₦4m For inspections and further enquiries, kindly contact.

Banana Island, Ikoyi, Lagos
4 beds 4 baths 5 toilets
Fidelity Homes and Property Services
Furnished 2 Bedroom Maisonette — Banana Island, Ikoyi, Lagos
Premium
13
₦45,000,000 /yr

Terraced duplex for rent

Furnished 2 Bedroom Maisonette

A neatly furnished 2bed apartment going out for rent in Banana Rent: 45M sc: 4m (diesel inclusive) Caution: 2m Agency: 10% Legal:10% Kindly note that there is no bq

Banana Island, Ikoyi, Lagos
2 beds 2 baths 3 toilets 2 Parking
Roqables Global Services.
Premium 3 Bedroom Duplex — Banana Island, Ikoyi, Lagos
Premium
23
₦45,000,000 /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.
Premium
₦60,000,000 /yr

Terraced duplex for rent

New 4 Bedroom Wing of a Terrace House with Staff Rooms

Relatively New 4 bedroom wing of a terrace house with staff rooms. Features: - Swimming pool - gym - etc Rent: N60m Service charge N5.5m (Diesel inclusive) Location: 2nd Avenue, Banana Island, Ikoyi Book a viewing now! Contact Beverly and Sam Properties or Call Victoria 08038156271

2nd Avenue, Banana Island, Ikoyi, Lagos
4 beds 4 baths 4 toilets
Beverly & Sam Properties

Showing 1–21 of 351 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
FAQ

Frequently asked questions

The average price of terraced duplexes for rent in Banana Island, Ikoyi, Lagos is ₦55,000,000 per annum.

The price of the most expensive terraced duplexes for rent in Banana Island, Ikoyi, Lagos is ₦85,000,000 per annum.

The price of the cheapest terraced duplexes for rent in Banana Island, Ikoyi, Lagos is ₦30,000,000 per annum.

There are 351 available terraced duplexes for rent in Banana Island, Ikoyi, Lagos. You can view and filter the list of property by price, furnishing and recency.