Rum Cay Drive
Type: For Sale
Grand Bahama, Bahamas
16 Bed, 24 Bath, 15496 Sqft, 1 Acre
This awesome investment opportunity has consistent rental income. Located just 5 minutes drive from world famous Xandau Beach and close proximity to banks, the city center, supermarkets, golf courses, and marinas. These 3 lovely cottages in South Bahamia offer high ceilings lots of space (4,664 sq ft in total) and sit on a large lot (40,075 sq ft or 0.92 acres). Cottage A comprises 2 bedrooms, 2 baths with large store rooms located at either end. Cottages B & C are identical duplex units offering 2 one bed one bath each (4 units in total). The total gross annual rental of $43,000. The price includes approved plans for 3 additional cottages. This is a buyers market now and the owner will consider any reasonable offer. At this price, these cottages will not last long. Additional amenities include washer and dryer in each unit, furnished and enclosed fencing with hurricane shutters.
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