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6 Bed Commercial for sale

Crosbies, Antigua And Barbuda

£559,687 *  [$700,000]

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6 Bed Commercial for sale

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6 Bed Commercial for sale

Crosbies, Antigua And Barbuda

£559,687 *  [$700,000]

Property Details

  • Bedrooms: 6
  • Bathrooms: 6

Features

  • Investment property
  • 5 apartments
  • Good location
  • Close to St. John’s
  • Ample parking
  • Outside space

Full Description

A single storey block of five apartments located in a good residential area to the north of the capital, St John's and is only a few minutes drive from the increasingly popular shopping and office area of Friars Hill Road where the main supermarkets, cinema, a selection of bars, restaurants and other shops, mainly in shopping malls, can be found.

Four of the apartments are one bedroom with one two bedroom apartment.

There is potential to add an additional apartment within the existing structure at relatively low cost, the rooms currently being used for storage.

The land extends to about half an acre and there is plenty of on-site car parking.

The international airport is about 15 minutes drive and, in the opposite direction, the tourist beaches of the Dickenson Bay area are about ten minutes away.

Currently, two apartments are occupied and receiving rents of EC$1,300 and EC$1,550 per calendar month. The three remaining apartments are available at EC$1,600, EC$1,800 and EC$2,400. Most of the apartments have their own private outside space.

The Westcott Apartments are being offered in conjunction with the adjacent Westcott Tower, a unique and unusual conversion of an original 18th Century sugar mill, something rarely on the market in Antigua. Westcott Tower was converted in the late 1960s to be a residence but is currently used as an office.

The two units can be purchased together or separately.

More details on Westcott Tower can be found elsewhere on this website.

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