Sunnyside

East Bay Street, Nassau / Paradise Island, Bahamas

B$2,250,000

Commercial Property

Description

Bedrooms 4
Bathrooms 4.0
4000sqft
Lot 1.88acres

Old Bahamian charm and an amazing investment opportunity combine together to make this property the perfect acquisition for a mixed use development.

Investment features include zoning residential and/or commercial with the ability to convert into many exciting possibilities. The government of The Bahamas has declared it a Heritage Property which makes it property tax exempt. In addition there is tax exemption on all building and renovation materials. An additional bonus comes with a tourist type business giving the developer/owner further tax exemption on furniture and fixtures.

Sunnyside is 150 years old with a classic colonial style, wrap around verandahs, generous gardens and the potential for fabulous harbour views.

Although in need of restoration, its location, charm and zoning/tax benefits makes this property a rare find.

Address

  • Address:East Bay Street
  • Island:Nassau / Paradise Island, Bahamas

Details

  • Bedrooms:4
  • Bathrooms:3.0
  • Living Area:4000 sqft
  • Lot Area: 2 acres
More Info

Amenities

Children Allowed
Enclosed Yard
Pets Welcome

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Mortgage Calculator

Total loan

$ 2,250,000

Montly payment
$ 12,078
  • Total interest:$ 2,098,255
  • Total loan value:$ 4,348,255
  • Payment:Monthly

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