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FOR SALE: LUXURY APARTMENT BLOCK BANANA ISLAND $45M
THIS OPPORTUNITY IS RESERVED EXCLUSIVELY FOR DIRECT CLIENTS ONLY.
A rare opportunity to acquire a premium residential development located in Banana Island Estate, Ikoyi, Lagos's most prestigious and secure luxury enclave. This high-end apartment block consists of 24 luxury 4-bedroom residences, including two penthouse units, designed for elite living and strong rental investment returns.
Properties in Banana Island remain among the most valuable real estate assets in Nigeria, making this development an exceptional acquisition for investors seeking long-term value, prestige, and stable income.
Financial Summary
Price: $45,000,000
Location: Banana Island Estate, Ikoyi, Lagos
Title: Governor's Consent
Land Size: 1,000 sqm
Units: 24 Luxury Apartments
Configuration: 4 Bedroom Apartments with BQ
Property Highlights
- 24 Spacious 4 Bedroom Luxury Apartments
- 2 Exclusive Penthouse Units with inbuilt BQ
- All bedrooms ensuite
- Fully fitted modern kitchens
- Walk-in closets
- Premium finishing throughout
- Air conditioning installed
- Laundry areas
- Large balconies and natural lighting
- Water treatment system
- Dedicated parking spaces
Estate Features
- Swimming Pool
- Fully equipped Clubhouse
- Lawn Tennis Court
- Gated and Secure Estate
- 24-Hour Power Supply
- Round-the-Clock Security
- Ample Parking Space
- Well maintained luxury neighborhood
Investment Value
Banana Island remains the most prestigious residential address in Nigeria, attracting high-net-worth individuals, diplomats, corporate executives, and expatriates.
This property offers strong potential for:
- Luxury rental income
- Corporate residential leasing
- Private luxury residence portfolio
- Long-term capital appreciation
Demand for premium apartments in Banana Island continues to outpace supply, ensuring strong rental yields and consistent value growth.
Viewing & Acquisition
Inspection is strictly by appointment for verified buyers only.
Ref:000202
IMPORTANT NOTICE
This property brief is intended strictly for serious, financially capable direct clients.
Agents, brokers, and intermediaries are respectfully requested to refrain from making enquiries or engaging us regarding this listing. Only direct buyers will be attended to.
| Property Ref: 3386512 | Added On: 13 Mar 2026 | Last Updated: 13 Mar 2026 |
| Market Status: Available | Type: Flat / Apartment | Bedrooms: 4 |
| Bathrooms: 4 | Toilets: 5 | Total Area: 1,000 sqm |
| Covered Area: 1,000 sqm |
Banana Island is steeped in fascinating historical facts that enhance its allure. The area's captivating history, status as an artificial island, exclusivity, and prestigious address all contribute to its legendary reputation as a luxurious and refined haven. It is renowned as one of the most expensive neighborhoods in Africa, attracting affluent individuals from diverse backgrounds.
Banana Island offers a plethora of leisure and shopping options that cater to the refined tastes of its esteemed residents. Residents of Banana Island can indulge in high-end retail therapy, embrace the tranquility of lush green spaces, and enjoy the luxurious amenities provided by the exclusive relaxation centers. Oladimeji Shonubi Supermarket, Mr. Femi Superstores, Hartleys Supermarket, Kola Superstores, Banana Island Sports Field, Banana Island Park, and the Banana Island Club are prime examples of the leisure and shopping options available in Banana Island.
Banana Island proudly showcases a collection of prestigious estates that embody the essence of lavish living. These highly coveted residential developments feature architectural masterpieces that provide awe-inspiring vistas. Boasting top-notch facilities and unmatched seclusion, these estates are a testament to elegance, ensuring each resident experiences an unparalleled lifestyle. Among the distinguished estates on Banana Island are Happy Haven Estate, The Address Homes, Bella Vista Apartments, Grace Court, and Morgan Apartments.
Throughout the daytime, Banana Island buzzes with vitality, boasting a diverse selection of dining establishments, enjoyable venues such as the Banana Island Sports Field for families, and captivating establishments like the Hanging Basket Restaurant and the esteemed Chicken Republic. If you're in search of a destination suitable for the whole family, the nearby Youfine Art Gallery presents nature trails of art work, providing a delightful experience.
Banana Island provides a serene and exclusive residential atmosphere, making it an ideal place for residents seeking a peaceful lifestyle. It is primarily known for its residential properties and luxurious lifestyle rather than its nightlife scene. The island is a serene and exclusive area with a focus on privacy and security. However, for a livelier nightlife scene, residents can venture to nearby areas such as Victoria Island and Ikoyi, where one can find several upscale lounges, bars, and clubs that offer an unforgettable evening of entertainment. We have places like Escape Nightclub, Quilox, Sky Restaurant and Lounge, The Blowfish Hotel and Club, Caliente Club, and Escape Nightclub.
Banana Island not only boasts of magnificent residential estates and top-tier amenities but also grants residents access to exceptional educational institutions. Families seeking a world-class education for their children need look no further, as Banana Island International School stands as a beacon of prestige within this coveted community. Additionally, residents have the privilege of choosing from a range of esteemed schools in close proximity, including Greenwood House School, Meadow Hall School, and Lagoon School, all of which provide excellent educational options to meet the discerning standards of Banana Island's residents.
Read the full area guide for Banana Island, Ikoyi, Lagos.
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