Blue Waters No. 25*

Rockley, Christ Church, Barbados
Web Reference: IGR33375
USD $525,000
  • Property size 3810 sq ft
  • Property size Unfurnished
  • Property size 8 Beds
  • Property size 5 Baths

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A two-storey home set on 14,157 sq. ft. of land in the desirable Blue Waters neighbourhood, a short walk from the stunning Accra Beach, the Boardwalk and many amenities. This home was converted to three apartments several years ago. The apartments are well-suited to a short-term or long-term rental, given the high demand for this location by locals and tourists.

Apartments 1 and 2 have been rented long term for many years while Apt 3, before the pandemic, enjoyed a high occupancy with a repeat clientele of visitors. Apt 1: The 1,970 sq. foot 3-bedroom, 2-bathroom upper floor apartment features traditional Barbadian construction of times past with high ceilings and over-sized windows. The layout consists of a spacious kitchen and laundry, and an open plan living and dining area. The adjoining large, breezy terrace is ideal for entertaining. The two guest bedrooms share a bathroom, and the master bedroom is air-conditioned with a bathroom and large walk-in closet space. Apt 2: is approximately 1,400 sq. ft and features two air-conditioned bedrooms, one bathroom, kitchen, living and dining area, office nook and an enclosed patio. Apt 3: 1,500 sq. ft and features an open plan living, dining and kitchen area, small laundry, two terraces, three air-conditioned bedrooms and two bathrooms.

The owners undertook an extensive renovation to the interior in 2015. The house sits on spacious grounds with an established sweet lime hedge, flowering vines and trees, and shrubs and mature palms. The grounds could be re-organised to allow private access and a private garden for each apartment. While the property has been well maintained and is move-in ready, there is opportunity for modernisation. The attractive design and ideal location offer good investment potential for a purchaser seeking investment in apartments with excellent rental potential. Alternatively, a purchaser could reside in one apartment and rent the others.

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