Commercial Building for Sale Castries

Ref:279

Status: For Sale Price USD $1,700,000 Location: Castries Type: Investment Property Living Areas: Beds: Baths: Floor Area: 8,423 sq. ft. Plot Area: 5,589 sq. ft. Email us about this listing Tel:  MLS Partner St. Lucia, Caribbean

This is a unique opportunity to purchase a landmark building in the centre of Castries commercial district.

The building is located at the corner of Chaussee Rd and High Street and is locally known as the Scotia Bank building.

The property is a very attractive two story concrete building with extensive glass frontages and is approximately 8,423 sq ft on a plot size of 5,589 sq ft.

The interior of the building offers good quality, fully air conditioned, office accommodation.

This is an excellent investment opportunity as the building would normally attract a rental income of $49,000 ECD per month which would provide a gross ROI of 13.1%.

The vendor has indicated that it would be possible to add a further storey to this property providing an additional 4,000 sq. ft.

ALL PROPERTIES AND THE CONTENTS ARE INTENDED AS A GUIDE AND DO NOT FORM PART OF A CONTRACT. BUYERS SHOULD SATISFY THEMSELVES AS TO ANY INFORMATION CONTAINED HEREIN.

Tel: (758) 718-5140 | Email: sales@stluciamls.com | Website: http://www.stluciamls.com