:: New Castle Manor

Multi-Family · Income Discovery Bay · Turks & Caicos

For Sale US$ 599,000
TCREA# 2200475CLS 1152915
Photo Gallery

Property Details

  • TCREA 2200475
  • City/Area Discovery Bay (Providenciales)
  • Country Turks & Caicos
  • Class Income
  • Land 0.68 Acres
  • Category Multi-Family

Features and Amenities

  • Air Conditioning
    • Split Level A/C
  • Exterior Walls / Siding
    • Wood
  • Building - Framing
    • Concrete Blocks
    • Block and Steel

Property Remarks

An excellent central location in a rapidly evolving, neighborhood. Convenient to health care facilities, local restaurants, supermarkets, businesses, and transport routes this established two story residential apartment building is fully fenced and gated, surrounded by mature landscaping. A beautifully maintained hand cut stone wall runs the length of the property boundary along the road. This little gem sits on 0.68 acres and is divided into 4 separate residences, a large two bedroom residence on the top floor and 3 separate apartments with open plan kitchen/dining on the first floor. Unit 1 is a second floor two-bedroom apartment with approximately 1750 sf of living space complete with a covered deck and BBQ area. Bright and airy with a large kitchen, recently upgraded cabinetry, propane stove, living room, and an optional 3rd bedroom/office/den space. Ensuite bathrooms, walk-in closets, lockable storage space, a separate washer and dryer and Mitsubishi wall mounted air-conditioning provide for comfortable and affordable living. The ground level units consist of three one-bedroom apartments all furnished with A/C and ceiling fans. Unit 2 is a large corner unit with kitchen, cozy living space and a covered and screened entryway. Units 3 and 4 are studio apartments situated on opposite sides of the building both furnished and complete with kitchenette and cooktops. All have ensuite bathrooms and separate external laundry facilities assigned to each. Some recent improvements have been made to the property in 2019. With the ongoing construction of The Strand Resort in Cooper Jack (just a short drive away) and with the current shortage of rental accommodation in the TCI there is ample opportunity and flexibility for this property to continue as a long-term rental business or to be developed further.

(¹) Listed Amount was converted based on recent interbank exchange rates. We do not guarantee the accuracy of these amounts.