Adelaide Road

Carmichael Road, New Providence 00000

About this property

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.

Features and Additional Information

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$350,000 Active
54,587 SQFT

Presented By Graham Real Estate

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Get in touch today! Phone: 1-242-356-5030
Brokerage
BAHAMAS REALTY LIMITED
1-242-396-0000
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Area Information

New Providence | Paradise Island | County |

$ 350,000
This listing is play_arrow 34.6% higher than the average in the area
$ 260,000 in the area
54,587 SqFt
This listing is play_arrow 5931.7% larger than the average in the area
905 SqFt in the area
$ 6 $/SqFt
This listing is play_arrow 97.8% less than the average in the area
$ 287 $/SqFt in the area
153 days on site
This listing is play_arrow 7.0% above the average in the area
143 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By ANNIE SAWYER
Brokerage: BAHAMAS REALTY LIMITED

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