Parish
N/A
Address
Salmond, St. Lucy, Barbados
Contract
Sales
Price
$1,063,000.00 USD
Enquire
Now


Property Attributes


Price $1,063,000.00 USD

Status Available

Property Description

2.44 acres of trapezoidal shaped land located in the area which formerly formed part of Coconut Hall Plantation lands. The area is situated on the north-eastern coastline of Barbados within 1 mile of the famous River Bay to the north and Rockfield to the south. It is approximately 20 miles north-east of Bridgetown and approximately 6 miles north of Speightstown, which offers sea side restaurants, supermarkets, banks and recreational activities. For the last 25 years, some property owners in the area have sought and obtained permission to sub-divide their lands into residential lots, thus substantially transforming the area into a residential district. Approximately 65% of the area has been built up with residential homes. Property values in this area have been increasing over the past 3 years and are stable at the moment. Demand for properties in this area is good and the demand for this property coincides with the demand for similar properties in the area. Shape: TrapezoidalGross area: 2.44 acres (106,286 sq ft)Topography: Slightly above gradeAccess: Unmade right-of-wayVista: GoodTown planning: The site forms part of coastal lands which are zoned for special coastal developmentZoning: Water zone 5Drainage: Good run off fur to natural slope of land


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