The Leeward Yacht Club Green Turtle Cay

The Leeward Yacht Club, Abaco, Bahamas

B$3,400,000

Commercial Property

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Description

Bedrooms 8
Bathrooms 8.0
6948sqft
Lot 7.80acres

Welcome to Leeward Yacht Club, a unique investment proposition with excellent potential for ROI. Located in the beautiful and secure Black Sound hurricane hole harbour on charming Green Turtle Cay. This offering presents an exceptional opportunity for investors and entrepreneurs seeking a premier waterfront establishment in a thriving maritime community.

The impressive size 7.8 acres is rare to find around the Abaco Cays which also boasts 470 feet of prime deep waterfrontage. Additionally, the property offers 561 feet of road frontage for high visibility, multiple access points and easy access to utilities and services. Work started in 2009 and presently the property is equipped with three docks measuring a total of 768 linear feet which was previously configured to accommodate up to 35 vessels with option for future expansion. The entrance channel has a controlling depth of 6 feet low tide while the docks easily have 8 feet or more.

Existing improvements on the property include a 414 sf dock office and gift shop, 672 sf commercial kitchen and a 2,300 sf deck around the custom concrete heated pool (34'x14'). The standing homes are structurally sound and ready to be made whole again. The pink waterfront home contains 3,100 sf with 5 bdrms, 4.5 bths over 3 floors and has stunning views from the 3rd floor master suite. The blue home has water views and 2,112 sf, 3 bdrms, 3.5 bths plus a "Bahama room' and extra large gazebo. Below the kitchen are bathrooms and showers for staff and patrons plus lots of storage space. The 16 piece commercial grade kitchen needs some work but should not take much to get up and running. Additional amenities and services on the property include a pro grade tennis/pickleball court, retail fuel supply system, 1 boat lift, over 100,000 gallons of potable water storage, concrete foundations to rebuild 3 residences and 2 detached garages. The 7.8 acre parcel has an approved subdivision plan for 14 plots to sell however the redevelopment potential is there to re-imagine the highest and best use of this property. The underground utility supply lines are in good condition. If you love being out on the water you will also enjoy owning and operating a commercial marina. This could an ideal retirement plan.

Green Turtle Cay needs no introduction. It is one of the jewels of the Bahamas and is a world renowned vacation spot for those who are "in the know'. International flights and easy proximity to the Florida coast make getting here a breeze. Contact us today to schedule a private tour and explore the boundless potential this property has to offer.

Address

  • Address:The Leeward Yacht Club
  • Island:Abaco, Bahamas

Details

  • Bedrooms:8
  • Bathrooms:9.0
  • Living Area:6948 sqft
  • Lot Area: 8 acres
More Info

Amenities

Beach Access
Beach Waterfront
Boatlift
Canal Front
Children Allowed
Cistern
Dock
Gated Community
Hill Top View
Pets Welcome
Swimming Pool
Tennis Courts

Similar Properties

Abaco, Bahamas

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Mortgage Calculator

Total loan

$ 3,400,000

Montly payment
$ 18,252
  • Total interest:$ 3,170,697
  • Total loan value:$ 6,570,697
  • Payment:Monthly

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