Newbold
#5 Lilly Lane
Garden Hills #1, New Providence
Bahamas
Details
Address | Lot 117 & 118 Rose Island |
Area | New Providence/Paradise Island |
Sub Area | Rose Island |
Country | Bahamas |
Price | $850,000 |
Property Type | Lots/Acreage |
Bedrooms | 0 |
Bathrooms | 0 |
Floor Space | 76500 Square Feet |
Lot Size | 1.76 Acres |
Parking | Other |
MLS® # | 57243 |
Lots 117 and 118 Offer over 76,500 sq. ft. of prime beachfront canal frontage located in phase one of The Rose Island Beach and Harbour Club and set on the northern beach with views overlooking Sandy Cay with an adjoining lot on a 300 ft wide Canal on the inland waterway. Currently, lot 117 on the canal is not navigable, but the plan is to have it opened to the sea at some point in the future. Phase two has recently been purchased, and work is ongoing in this area. All of Phase Two has no navigable access currently, so it is anticipated that at some time in the near future, the value of these lots will be unlocked, opening up access to the sea. Once this happens, he value of the lots will substantially increase. The lots represent a great investment opportunity for the strategic investor.
Listing Courtesy of the Bahamas MLS