Apartment for sale
Rodney Bay, St Lucia
£5,762,582 *
[$7,500,000]
Full Description
Overview
A unique marina waterfront investment property consisting of 69 units located on 500+ feet of waterfront on the highly sought after Rodney Bay Marina in Gros Islet, Saint Lucia.
Convenient location in Rodney Bay
Near the Castries Gros Islet Highway
Marlin Quay, Saint Lucia!
A unique marina waterfront investment property consisting of 69 units located on 500+ feet of waterfront on the highly sought after Rodney Bay Marina in Gros Islet, Saint Lucia.
The Site
The site is located with convenient walking access to the Rodney Bay malls, shops, restaurants and bars and is also closely located to the Rodney Bay Marina, various hotels and the Pigeon Island National Park. Excellent swimming options are within walking distance to Rodney Bay beach and a short drive to the Pigeon Island beach.
The site consists of 3.25 acres and of 3 residential buildings with a mix of 1, 2 and 3 bedroom units. There are also common facilities which historically housed a reception, restaurant, bar, pools and administration facilities. Also included in this sale is 39,000 square feet of land located at Rodney Heights and this land was acquired for additional parking facilities.
The site has been closed for over 10+ years and in that regard the properties are in need of renovation/restoration. The potential for this site includes returning to being a boutique hotel, or converting the units to condominiums for sale or developing a mixed use site including developing the back of the site which currently has a foundation slab, with the intention that additional units or offices could be built on site.
Convenient location
The site is located 400 feet away from the main Castries to Gros Islet highway and this highway corridor remains the hub for continued development in the already popular Rodney Bay area.
This is the last parcel of its size available for sale along the waterfront or in this general area.
For more investment property we can offer please click here, here, and here.
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