Maynards Development - GREAT INVESTMENT POTENTIAL/ WELL MAINTAINED APARTMENT BLOCK/OCEAN VIEW/A/c BEDROOMS/ELECTRONIC GATE ENTRANCE

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Maynards Development - GREAT INVESTMENT POTENTIAL/ WELL MAINTAINED APARTMENT BLOCK/OCEAN VIEW/A/c BEDROOMS/ELECTRONIC GATE ENTRANCE

Saint Peter, Barbados
 

Maynards Development is a small, quiet, breezy residential area in the north of the island. It is a short distance from the Speightstown coastal area, with beautiful beaches, shopping, churches, bars and restaurants and fishing village. The vibrant area is also home to Barbados's 2 luxury marinas at Port Saint Charles and Port Ferdinand, known for their luxury living, exotic yachts and international boating events. This very well maintained, fully enclosed property, is on 2 main levels, housing the 4 @ 2 bedroom units (2 on each level) and also has 2 basement 1 bedroom apartments. The units are very functionally laid out with open plan living/dining, spacious kitchen with all 2 bedroom units having back patios, the upstairs of which enjoy an ocean view. All the apartments have spacious, air-conditioned bedrooms, with built in cupboard space and the 2 bedroom units all have a master with en-suite bathroom. Each unit has a separate laundry area with a sink and can accommodate both a washer and a dryer, for convenience there is also facility for outside drying. 
The property is tiled throughout with ceramic tiles, the countertops have solid surface finishes, there is solar water heating, burglar bars, water storage tanks and the driveway and walkways are paved. All windows have insect screens and there are also screened wrought iron security entrance gates to the units. The main entrance is secured by an electronic gate and has a guard wall, the remainder of the property is enclosed with chain link fencing.

This is an amazing investment opportunity, with all units having been consistently tenanted, currently the property is realizing a monthly rental income of BBD $6,400.00 ( 2 bed units at $1,175.00 each and 1 bed units at $850.00 each).

A MUST SEE

CALL ROSALIND at (246) 230-5346 or Kamar at (246) 286-5199 or email us at rbesproman@gmail.com to arrange a viewing 

 

More Information

Sale Price: 
$612,500 US
$612,500 US
 

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Further Information

Property Type: 
Commercial
Bedrooms: 
10
Bathrooms: 
10
Floor Area: 
6,460sq. ft
Land Area: 
9,690sq. ft
Listed: 
10 Dec 2021
BEAVA Approved
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