876-906-9678 / 407-523-2500     bowerbank@cfl.rr.com  
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Property Details

For Sale

MLS ID: 98695
Property Status: Under Offer
Price: USD 350,000
Property Type: Townhouse
District: St. Ann
Address: PALM VIEW ESTATE
Bed / Bath: 3 Bed     3 Bath
Floor Area: 1500 sq.ft.
Land Area: 1042 sq.ft.

ADDITIONAL FEATURES

  • Insulation (Ceiling):
  • Insulation (Walls):
  • Interior Features: Garden Area,Grilled,Swimming Pool,Kitchen Built-in(s),Main Level Entry,Furnished

Palm View Estate

Project Description: Finally a REAL investment property on the North Coast (near Ocho Rios). Two units: 1 bed/1 bath (ground floor) and 2 bed/2 bath (upper floor). Strategically located across the street from RIU and Sandals Dunn’s River, 1km from Bamboo Blu Beach, Scotchies Jerk, Kaya Herb House, Boot gas station, 2km from Drax Hall’s many offerings Your worst case scenario at 50% occupancy will still yield approximately 14% ROI. Average nightly rates for a 1 bedroom is USD$120 while 2 bedrooms rent for USD$200. That translates to a minimum of USD$50,000 per annum with proper management and staff. Ideal for those seeking to retire but still earn, those trying to add to; or build their short term property portfolio, those who live abroad, want to earn but doesn’t want to rent their home. Lock up the ground floor and earn from the two bedroom on the first floor. It’s a no brainer, this type of return doesn’t come along often. No matter the time, call your agent NOW!!!
Location: 15 PALM VIEW ESTATE
For more information, contact: Bowerbank Real Estate Company Ltd

Listing Courtesy of: via RAJ IDX feed

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