Basics
- Category: Building and Land
- Status: Active
- Year built: 1990
- Island: Providenciales
- MLS ID: 2600015
Description
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Description:
This exceptionally well-located income-producing property presents a rare opportunity for investors and developers seeking both immediate cash flow and long-term growth. Centrally positioned directly across from a private airport, the site offers outstanding visibility, accessibility, and convenienceâmaking it highly attractive for residential, hospitality, and commercial uses. The property currently consists of 58 established units generating strong and consistent monthly revenue, providing immediate income while offering significant upside for expansion, repositioning, or redevelopment. This existing revenue stream makes the asset especially appealing to buyers looking for a stabilized investment with future development potential. Located less than a 5-minute drive from the international airport, major banks, hospitals, supermarkets, and essential services, the property is ideally suited for a condo hotel, catering to business travelers and tourists, as well as long-term residents who value centrality and ease of access. With its prime location and flexible zoning potential, the site is well suited for an apartment complex, business complex, or a thoughtfully planned mixed-use development. The proximity to transportation hubs and key infrastructure ensures strong demand, high occupancy potential, and long-term value appreciation. Whether maintained as an income-producing asset or transformed into a modern residential, hospitality, or commercial destination, this property offers an exceptional combination of immediate cash flow, strategic location, and future development opportunityâmaking it a compelling acquisition for investors, developers, and visionaries alike.
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