Waterford Plantation, Waterford, St Michael, Barbados
A stunning property consisting of in excess of 70 acres and approximately 50,000sq ft of property.
Two of the buildings are homes and the balance are storage, warehouses and rental income offices that currently generate 17,500usd per month. Currently not all the units are rented, no income is derived from the majority of the land and only one of the houses generates income as well as three warehouses. Potential here could realise so much more to the keen investor/developer.
Further income, albeit less is generated from various events and clubs that are found here such as a very famous archery club and dog training school.
- Land and buildings
- potential for commercial structures
- potential for hotel
- potential for commercial outlets
- good location for residential units
- Income potential
- income achieving
- equestrian
Bridgetown is close by as is the highway so one can reach the west coast in under ten minutes, the south in about the same time and the east coast in about twenty minutes but the roads that will lead you to these places are fast roads.
Time to Grantley Adams International Airport is under thirty minutes.
For those potentially looking to invest this could be an ideal spot. The government here is pro inward investment and with this large parcel of land agriculture could be taken up, commercial is and will be no issue with the planning department and even a level of industry would be possible.
Local infrastructure could benefit any development here. There is the highway less than a half mile away, Bridgetown is about a mile and the distance to the Platinum Coast is under 3 miles. This land is in agreat catchment location for various businesses.
There is a university and two hospitals close by allowing for quite a varied land use.