ADELAIDE ROAD New Providence/Paradise Island

    $ 350,000.00

    • MLS #: 55352
    • Type:
    • Status:
    • Title of Property: 1.25 Acres
    • Location: Adelaide
    • Island: New Providence/Paradise Island
    • Lot size: 54450 sq ft
    • Area: 54587 sq ft
    • Construction: None

    Description

    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.

    PDF Brochure

    Property Features

    • Amenities: None
    • Style: Multi-Family Lot
    • Exterior Finish: Other
    • Sewer: None
    • Water: None
    • Roof: Other
    • Foundation: No
    • Air conditioning (Condo): None
    • Assessment Includes (Condo): No Fee
    • Parking Type: Open

    Miscellaneous

    • Legal Description: 1.250 acres south of Adelaide Road

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    Disclaimer

    Courtesy of The Bahamas MLS
    The Bahamas Real Estate Association is not responsible for the accuracy of the information listed above. The data relating to real estate for sale or lease on this web site comes in part from the Internet Data Exchange Program (IDX) and the Bahamas MLS, and is provided here for consumer’s personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Real Estate listings held in brokerage firms other than the office owning this website are marked with the IDX Logo on the short inquiry. Data provided is deemed reliable but not guaranteed. This information is protected by copyright and all rights are reserved. This property is shown courtesy of The Bahamas MLS