Royal Westmoreland, Sugar Cane Ridge 3
This gorgeous four bedroom, 3 bathroom villa is located in Sugar Cane Ridge, one of Royal Westmoreland's newly developed neighborhoods. The living area boasts high ceilings and recessed lighting and is open plan with the kitchen featuring soft touch cupboards. The bedrooms on the ground floor open onto a lovely coral rendered pool deck where you have the option to dine outdoors. Sliding doors take you onto an upper deck/patio perfect for entertaining. This property is surrounded by mature landscaped gardens and is very well maintained. It also is fully air conditioned and comes fully furnished. Use of the Royal Westmoreland's many facilities are also at your fingertips. The sale will include the club membership joining fee.
The vendor is willing to offer a staggered payment over a two year period as follows;
Initial payment of US$800,000
First year – US$200,000
Second year – US$200,000
Total payment amount US$1,200,000
The new owner also has the opportunity to take over the long term lease of the tenants currently residing in the villa. With the lease it would provide a very good yield for two years of approximately 8%.