Discover an exceptional real estate gem in the southern district of New Providence. This versatile property on Marshall Road offers a unique blend of immediate living space and significant development potential, making it a perfect choice for local investors or families looking for a high-demand area with strong rental possibilities.
This five-plex project is designed for both comfort and future income generation:
Completed Main Unit: A spacious, single-family residence featuring approximately 1,420 square feet of gross enclosed area (GEA). This unit comprises:
3 Bedrooms and 2 Bathrooms.
A kitchen, laundry area, family room, and a separate living room.
Four Incomplete Units: Located to the north of the main house, these units offer an additional 2,000 square feet of GEA once finished.
Each unit is designed to identical standards, expected to feature 1 bedroom, 1 bathroom, a kitchen, and a combined living/dining area.
The substructure is complete, with external and demising walls constructed to the belt course.
Plumbing rough-ins are partially installed in floors and walls, though significant work remains to bring these to occupiable standards.
Bonus Features: The lot includes an external shed for additional utility or storage.
Situated on almost one acre of land, the property is located in a quiet, rapidly developing community just footsteps from the southern coast:
Coastal Proximity: Enjoy direct ocean views and footsteps-away access to a beautiful local beach.
Local Amenities:
Outdoor Living: The area is perfect for those who enjoy the outdoors, with the Marshall Road Walking/Jogging Track nearby for daily exercise.
South Beach Tranquility: Visit nearby South Beach for a serene escape with calm waters ideal for swimming and observing vibrant marine life away from city crowds.
Accessible Adventure: The southern district is a prime jumping-off point for boating, deep-sea fishing charters, and excursions to nearby cays like Green Cay, known for its sea turtles.
Downtown Connectivity: While peaceful, the property is a straightforward drive to downtown Nassau, where you can explore historic sites like the Queen’s Staircase, shop at the Straw Market, or enjoy the famous Arawak Cay Fish Fry.
Take advantage of this “fixer-upper” with a head start on an apartment complex! This property offers endless opportunities for further development in one of the island’s growing communities.
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