Castello Nelson Leeward · Providenciales · Turks & Caicos MLS# 1154330 Multi - Family For Sale

US$ 2,500,000
MLS# 1154330
New Listing
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Courtesy of TCREA MLS members.

Property Details

  • TCREA 2400201
  • City/Area Leeward (Providenciales)
  • Country Turks & Caicos
  • Class Income
  • Land 0.68
  • Category Multi-Family

Features and Amenities

  • Air Conditioning
    • Window Unit(s)
    • Split Level A/C
  • Exterior Walls / Siding
    • Wood
  • Building - Framing
    • Steel Frame
    • Concrete Blocks
    • Block and Steel
  • Fire Protection
    • Fire Dectectors
  • Driveway
    • Crushed stone
  • Property View
    • Pool View
    • Garden View
    • Hill Top View

Property Remarks

Castello Nelson, an excellent income producing property is a stratified six unit condo/apartment block (5x2 bed 2bath + 1x1bed 1bath) located in the prestigious Leeward subdivision. The property is usually fully rented on a long term basis and enjoys an excellent return on investment (income and expense figures available to serious prospects) The area is quiet and scenic, populated with villas and vrbos for short term as well long term rentals. The property sits at the ridge of Nelson Hill and enjoys the exquisite sunrise vistas and daylong ocean views over the Leeward Cays, Channel the Heaving Down Rock Ferry Terminal and surrounding area. The brisk easterly trade winds and situs combine to make the units pleasant with lots of natural air and light. There is a large well maintained pool and patio area for tenants’ and their guests’ entertainment and comfort that adds to the common elements. Please also note that the building’s footprint is less than 20% of this generous .68 acre parcel leaving ample common area for further development subject to planning permission. This location is within easy reach of Leeward, GraceBay and LongBay beaches and marinas. The Royal Turks and Caicos Golf course as well GraceBay shopping and entertainment, business offices, restaurants and schools are minutes long drive away. This is an excellent income producing property fully rented on a full time long term basis, a great investment.

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Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and TCREA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of TCREA (Turks and Caicos Real Estate Association) MLS. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s). (¹) Listed Amount was converted based on recent interbank exchange rates. We do not guarantee the accuracy of these amounts.