Property Type: Villa / House
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. 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.
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.
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 would be a no brainer and even a level of industry would be possible.
Local infrastructure could benefit any development here.
Even Grantley Adams International Airport is only twenty minutes away so a travel type hotel might work here as well as University halls as Barbados has recently increased it's educational facilities to include several Universities and Colleges.