Description

This 5.5acre lot is part of over 15 acres of land which enjoy the cliff frontage of Green Point, part of the fast developing south eastern coast of the island. Sitting on one of the most prime pieces of real estate in the increasingly in demand south east of the island, this lot enjoys tremendous views of the rugged atlantic coast line. This lot is being sold as a developmental lot with plans for the construction of luxury townhouses, penthouses and villas. The price of the plans and land is US$8M in the pre-construction stage. Once construction begins, the development will then be available for sale at US$12M. Revenue from the sale of the 31 completed units is expected to yield between US$35 - 40M.