This lot of Land is perfect for a housing development and can create excellent returns for the Avid Developer. This lot is located in the peaceful, residential community of Babonneau and there are different options for purchase. The initial phase of 12 Acres has received planning approval for 50 sub divided lots ranging from 5000 to 10,000 sq ft. A good quality Road network currently serves 6 of the 12 approved Acres. This option can be purchased for only EC$ 1.5Mil and because of subdivision approval lots can be easily sold off. The Balance of the 16 Acres can easily developed after the initial phase of the 12 Acres. The demand for land is always increasing, especially in quiet neighbourhoods like this one. This location is a mere 20 minute drive from the bustling Rodney Bay as well as the Capital City. Schools, medical facilities and grocery shops are all within a few minutes of this lot.
Features and Details
- Property ID: MRG010L
- Region - Country: Caribbean
- Island: St Lucia
- Community: MARIGOT BAY
- City/Town: MARIGOT BAY
- Listing: For Sale
- Property: Land
- Lot Size: 46,000 SQ FT
- Price: 1,150,000
- Currency: USD
- Location: Beachfront, Beach Nearby, Beach view, Ocean view, Overland view
