BahamasNassau and Paradise IslandCarmichael RoadAdelaide Road

Adelaide Road
Carmichael Road, Nassau and Paradise Island Bahamas

$350,000
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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...

1 OAK Team

54,587 Sq Ft.
Interior
1.2496 Acres
Exterior
Land
Property Type
55352
Web Id
55352
MLS ID
170
days ago

About Adelaide Road

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.

Listing Courtesy of Bahamas MLS

Property Details

Area
Carmichael Road
Sewer
None
Stylet
Multi-Family Lot
Water
None

Exterior

Roofing
Other

1 OAK Team

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