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Exceptional Luxury Residential Condominiums Lot - 5 Acres
US $5,700,000
Property features
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  • 2-5 Acres
  • Main Thoroughfare
  • QC Approved Listing
Property description
This exceptional and rare just off West Bay Street luxury residential condominiums lot is located directly opposite Lyford Cay next to the Island House Hotel and Restaurant at Nelson Road at the top of about 50’ elevation hill, providing excellent views as well as hurricane and flood protection and safe parking and storage year around. The lot is ideal for one to two bedrooms condominiums targeted for members of Lyford Cay, Old Fort and Albany communities seeking affordable housing, a place to accommodate yacht crew, pilots and crews of private jets, executive personal assistants, teachers and small home offices away from the home.
This prime real estate opportunity is located just off the bustling West Bay Street, with direct discrete private access from Nelson Road and great depth providing for unmanned high privacy and security. The approximately 725’ of expansive street frontage provides for well separated main gate and security entrance and hidden discrete service gate for garbage removal. Direct Gate Main Entrance from West Bay Street is possible. The lot is strategically positioned next to The Island House Hotel & Restaurants, Lyford Cay Hospital, and Lyford Cay International School, Templeton, Societe Generale, Deltec Bank and Trust, various law firms, Mount Pleasant Village shopping and car rentals and other retail shops and other stores.

The location benefits from being extremely quiet and tranquil in spite of being situated in prime high traffic area and is within walking / golf cart distance to prestigious communities of Lyford Cay, and Old Fort Bay and conveniently close to Albany.

The property offers great potential for both luxury residential and commercial development, making it an ideal investment in a sought-after area.


https://www.sothebysrealty.com/id/5wl9wd
Exceptional Residential Condominium Lot 5 Acres , West Bay Street, New Providence, Bahamas
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