Red Pond Commercial Land

RICE DRASTICALLY REDUCED BY $5.5 MILLION!!!

Cornerstone Real Estate is proud to offer a unique piece of commercial development land located in one of the most sought-after and exclusive areas of the island.

The total area of land amounts to 76,137 m2 (roughly 18.8 acres)and the price per square meter of the land sits well below the actual market value.

This land has been previously zoned out to construct a hotel on 9.18 acres, with the remaining to be developed into investment condos/apartments with 12 units per acre, however, changes can be made to this zoning to accommodate other commercial or residential endeavors. The land is fee-simple and has full access to the sea for any new developer to utilize.

Paved roads are already constructed on the land and underground infrastructure for water, electricity and cable T.V. are also in place.

In addition, savings apply as the company is held in an off-shore registered corporation. Please contact the Cornerstone Team today for further information.

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