This is a rare opportunity to own a multi-unit income-generating property on the north coast of Providenciales. The property, located at #176 Bay Road (Blue Hills Road) in the Blue Hills and Stamers Run subdivision of Providenciales, is comprised of 5 units across 3 buildings. The new owner will have the option to reside in one of the units while renting the others or maximise rental potential by renting all units. The units can be rented long- term, short-term or a combination of both. The property boasts views of Providenciales’ north coast, which is just 100 ft away.
TERMS AND CONDITIONS OF SALE BY PUBLIC AUCTION ARE AVAILABLE BY REQUEST, FROM MERIDIAN MORTGAGE CORPORATION LTD.
ASCENDANCY TCI LTD
Third Floor Graceway House Graceway Plaza Providenciales Turks and Caicos Islands
1-844-577-8742 Extension 5100 or 1-649-946-43 – alana@spcaribbean.com
Location: #176 Bay Road and registered as Block 60501 Parcel 67, Blue Hills and Stamers Run, Providenciales, TCI. The property is located in an established neighbourhood on the island’s north coast, approximately 15 minutes from Grace Bay and its world-renowned beach. The property is in close proximity to Northwest Point National Park and the surrounding area, which is home to Amanyara Resort, Northwest Point Resort and soon to be constructed Navah eco-friendly resort.
Groceries and restaurants are easily accessible.
Description
Building #1: two-storey apartment building comprising (2) 1-bedroom, 1-bathroom apartments on the upper floor and (1) 2-bedroom, 1-bathroom apartment on the ground floor. Each apartment features a kitchen, living and dining room, with shared access to a front deck.
Floor area: approx.1,863 sf. + 203sf. of front deck.
Building #2: (North House): 2- bedroom, 1-bathroom detached house with kitchen, living and dining area and front porch. Floor area: approx.1,021 sf. + 147 sf. of covered porch.
Building #3 (East House): 2- bedroom, 2-bathroom detached house with kitchen, living and dining area and front porch. Floor area: approx. 895 sf. + 147 sf. of covered porch.(See terms and conditions of auction)
Additional buildings/features:
separate storage building, cistern, covered work area and paved exterior.
PROVIDENCIALES, TURKS AND CAICOS ISLANDS.