$325,000

Offered at an exceptional $325,000 , this is a rare and compelling development opportunity in one of Tortola’s most practical and in-demand residential locations. Set on just under ? of an acre , just moments from Cedar International School , the property already benefits from a structurally completed shell of two condominiums , providing a significant head start for a developer or investor. The existing structure has been professionally stabilized and is ready to be completed internally and externally to the buyer’s specifications. Crucially, the property also enjoys an approved strata subdivision for three condominiums , opening up multiple exit strategies. A new owner could complete the units and sell individually , retain them as long-term rentals , or create staff or faculty housing , an increasingly strong rental sector given the proximity to schools and Road Town. From the site, the views are superb , taking in the sparkling waters of the Sir Francis Drake Channel with sweeping outlooks toward Peter Island . There is also ample parking , an often-overlooked but highly valuable asset for multi-unit developments in this area. With infrastructure already in place, approvals secured, and a highly competitive asking price, this is a unique, ready-to-move-forward project that is genuinely priced to sell and unlikely to remain on the market for long. An excellent opportunity for developers, investors, or owner-builders seeking value, views, and flexibility in the heart of Tortola. Call Chris Smith, Managing Broker, today on 1 (284) 340 3000 to arrange a tour or email [email protected] for further information.