Description
This once-in-a-lifetime opportunity offers you the chance to own a 4000 sq.m property in the stunning coastal town of St. Lucia. The property is currently 4000 sq.m and can be subdivided into two 2000 sq.m properties, currently one has 12x two-bedroom apartments overlooking Lake St. Lucia and the other will or can be perfect for a commercial building in the main street of St. Lucia or 12 more apartments.
The property is located in a prime location, within walking distance of shops, restaurants, and other amenities. It also offers stunning views of Lake St. Lucia, a UNESCO World Heritage Site.
The property has the potential to be developed into a thriving residential or commercial complex.
Residential Development if one should subdivide the property.
The 2000 sq.m property with 12 x two-bedroom apartments overlooking Lake St. Lucia would be a perfect investment for anyone looking to sell the apartments or rented out on short holiday terms or on long term, and they would be in high demand due to their stunning location and views.
Commercial Development
The 2000 sq.m property in the main street of St. Lucia would be ideal for a commercial development, such as a shopping mall, office building, or hotel. The property is located in a high-traffic area, and it has the potential to generate significant income. Currently there is a 400 sq/m building consisting of a 3 bedroom penthouse on the first floor. On the ground floor there is a reception and 2 x 1 bedroom apartments.
Investment Potential
This property is a unique investment opportunity with a wide range of possibilities. It could be developed into a residential complex, commercial complex, or a combination of both. The property is also located in a prime location, which means that it is likely to appreciate in value over time.
Price excludes 15% Vat, can be zero rated.
Contact us today to learn more about this once-in-a-lifetime opportunity!
29
4000m2
