Details
Address | Adelaide Road |
Area | New Providence/Paradise Island |
Sub Area | Carmichael Road |
Country | Bahamas |
Price | BSD 350,000 |
Property Type | Lots/Acreage |
Bedrooms | 0 |
Bathrooms | 0 |
Floor Space | 54587 Square Feet |
Lot Size | 1.25 Acres |
Parking | Open |
MLS® # | 55352 |
This 1.25 acre vacant plot is ideal for multi-family development situated in the highly coveted western district of New Providence within the burgeoning Carmichael area. Priced attractively it presents an excellent opportunity for an investor or developer aiming to expand their portfolio and capitalize on the continuously growing and lucrative rental market in New Providence. The property offers diverse options for maximizing its potential, promising a substantial return on investment. Potential strategies include subdividing the land into four to six individual lots, constructing an apartment complex or establishing a small gated community. The range of possibilities makes this property a true gem, representing the perfect venture for the discerning buyer.