PPA,
Premium Property Condo/Apartments
True Blue, St.George West Indies, Grenada

MLS#: 1154268

$3,500,000 USD

Type
Apartment
Bedrooms
21
Bathrooms
16
Home/Lot size
870m²
The details

Property features

Date Updated: May 24, 2024

Key features

Golf course
Golf course
laundry
Security
Marina

Construction details

Building condition
excellent

Other features

Property features
Laundry
Separate Laundry room
Open Floor Plan
Patio
Parking

Area

Property size
870m²
Land/Lot size
1,249m²
Bedrooms
21
Bathrooms
16
Total rooms
37
Cooling system
Air Conditioning
Solar
Heating system
Solar

Description

Investment Opportunity: Prime Apartment/Condo Complex in True Blue, St. George's Grenada Discover a meticulously maintained apartment complex nestled in the prestigious neighborhood of True Blue, St. George's, Grenada. Strategically positioned along the SGU bus route and public transport network, this property boasts two residential structures on a sprawling compound spanning 13,442 sqft of paved surface. Comprising 29 single one-bedroom apartments and 5 two-bedroom units, totaling 39 fully functional residences, the complex is in high demand for long-term rentals, particularly by students attending the nearby St. George's University. Located a mere 0.37 miles or a 10-minute walk from the university campus, the complex presents an exceptional investment opportunity. The flexible design of the buildings lends itself to various conversion possibilities, including transforming it into a Condo Apartment, a CBI Project, or even a boutique hotel. Explore the potential of this lucrative investment in Grenada's growing real estate market.

Location

Premium Property Condo/Apartments, True Blue, St.George West Indies, Grenada
map image
Courtesy of Paula La Touche CENTURY 21 Grenada Grenadines Real Estate