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Turn-Key Development For Sale

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Turn-Key Development For Sale
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Turn-Key Development For Sale

Barbados

$700,000 USD

  • WhatsApp Image 2024-10-23 at 12.01.41 (2)
  • WhatsApp Image 2024-10-23 at 12.01.41 (1)
  • Plot plan - 12 lots
  • WhatsApp Image 2024-10-23 at 12.01.41
  • WhatsApp Image 2024-10-23 at 12.01.42 (1)
  • WhatsApp Image 2024-10-23 at 12.01.42
WhatsApp Image 2024-10-23 at 12.01.41 (2)WhatsApp Image 2024-10-23 at 12.01.41 (1)Plot plan - 12 lotsWhatsApp Image 2024-10-23 at 12.01.41WhatsApp Image 2024-10-23 at 12.01.42 (1)WhatsApp Image 2024-10-23 at 12.01.42

Property ID:

 RH-11376-property

Featured
Bedrooms
3
Bathrooms
2.5
Area
45303 sqft

Description

This opportunity presents huge upside, sitting within a short-term driven community of high rental yield.

Nestled on the south coast of the island within walking distance to Miami Beach, this 12 lot development is approved for 7 full duplex structures (14 off-plan units) valued between BBD 575K to 650K per unit/side.

The current owner has done 95% of a turn key investment development with the below infrastructure:

Road: – Concrete road erected 16’ wide. 3,750 psi density.

Drainage: – Underground drainage & wells erected in accordance with TCP conditions.

Water: Installed 555’ of 4” water pipe, control valve, 6 service crossings & 12 ¾” service lines.

Electricity: Installed overground poles & elec. service installed in the dwelling house.

Building approved plans for 14 duplex TH units or 10 single dwelling units.

____________________________________________________

*Within the surrounding areas, there are similar developments such as:*

  • East-Pearl Gardens (6 unit townhouse (“TH”) development) & StarGaze Haciendas (6 unit TH development)
  • South & South West-Cotton Bay Close I & II-3/3 bath TH gated developments.
  • Palm Gardens and Enterprise Villas (semi-detached 3&4 bed units) are also similar sold out developments.

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