Highview Apartment Complex

Rare to market opportunity to purchase an extremely successful rental investment property

 

 

Located in the desirable Frigate Bay, and constructed in 2005, this 6 apartment complex offers the investment purchaser flexible accommodation suitable for a variety of uses.  Currently utilized for long term rentals with a proven rental history, and with full housing approval from Ross University, the complex could easily be adapted for vacation rentals if required.

 

 

With a grand sweeping Italian style entranceway and terraces, Highview apartment complex comprises  two three bedroom, two two bedroom and two one bedroom apartments.  The superior 3 bedroom apartment was formally utilized as the owners accommodation, and therefore has a higher specification of fixtures and fittings.   All units are fully air-conditioned and burglar barred, and have fitted kitchens with appliances, with the top floor apartments featuring double height cathedral ceilings.  The property is sold fully furnished, and has delightful views of Half Moon Bay and benefits from the cooling Atlantic breezes.

 

 

The lot is 13098 square feet, has solid perimeter walls, and features two separate driveways and on site parking.  At the rear of the property is a gated drive with a covered car port with additional storage and a large barbecue terrace above.  There is a separate shared laundry facility for the units without private facilities.  Gardens are laid to lawn and have tropical planting including fruit trees and native palms.  There is ample room for the installation of a swimming pool if desired.

 

 

For qualifying purchasers, full financial information relative to ROI is available from SKNIH

Property summary

Lot size 13098
Total bedrooms – 12
Total bathrooms - 8