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Lagos · Banana Island, Ikoyi

L5 Banana

L5 Banana is a luxury shoreline residential development located on Banana Island in Ikoyi, Lagos. The project offers 18 units comprising two-, three-, and four-bedroom apartments and penthouses.

Ticket from
₦2,400,000,000
Target yield
—
Prime $/m²
—
Handover
—

The development

L5 Banana features contemporary architectural design with expansive open terraces that overlook the Lagos Lagoon. The multi-story structure is designed to house a total of 18 residential units.

The accommodation schedule consists of two-, three-, and four-bedroom luxury residences alongside crowning penthouses. Living areas are arranged with en-suite bedrooms, walk-in wardrobes, and large window openings.

The property sits within Banana Island, Ikoyi, providing a waterfront site with access to commercial hubs and private leisure destinations in Ikoyi and Victoria Island.

Units

TypeSizeFrom
Two bedroom residence—₦2,400,000,000
Three bedroom residence——
Four bedroom residence——
Penthouse——

Outright and instalment options available.

Amenities

  • Infinity pool
  • Open terrace
  • 24/7 security
  • CCTV surveillance
  • Treated water system

Specification

Units
18
Asset type
Residential
Stage
Phase one
What Propstock has checked
  • The yield is the developer’s own projection. We have not checked it against comparable lettings.
  • Palton Morgan Holdings is on our register but has not been verified on delivery.
  • This development was added by a Propstock desk, not paid for.