Property photos
£590,744
US$785,000
Block of flats for sale
Students Rest, Newcastle, Nevis, Saint Kitts And NevisLocal area information
Property location
Nearby amenities
Features and description
- Communal garden
- Off street parking
- 4 x 2 bedroom furnished apartments
- Sold fully furnished and turnkey business
- Good rental occupancy
- Tenants already in residence
- Well maintained and onsite staff in place
This is a great opportunity to invest in income-generating student or visitor accommodation on the island of Nevis with tenants in residence.
Situated in Newcastle in the north of Nevis, this building is tailored to and popular with medical students attending the Medical University of the Americas and could also be used for short or long term vacation rentals.
4 apartments – 8 bedrooms
This well maintained apartment building comprises 4 apartment units, offering a total of 8 bedrooms.
The property is a beautifully presented detached concrete build with a galvanized roof offering 5,283 square feet of construction on 0.365 acres of land.
Each of the 4 large and spacious self-contained double apartments feature a sitting area with sofa and flat screen TV, a dining area, screened veranda and 2 large bedrooms with en suite bathrooms including shower, toilet and wash basin.
Apartment features
The apartments come furnished to a high standard and equipped with fridge freezer/microwave, lpg gas stove, cupboards, laundry drier, washing machine, us standard Queen size beds and walk-in clothes storage closets.
Building features
The building benefits from exterior installed Kohler 38kw auto standby generator.
The property also includes a very large car park.
Room for expansion
The site offers potential for further development.
Benefits
An alien landholding license fee is presently waived until end December 2022 but must be registered with the Administration.
Citizenship is also offered on buildings valued over 400,000 usd.
Situated in Newcastle in the north of Nevis, this building is tailored to and popular with medical students attending the Medical University of the Americas and could also be used for short or long term vacation rentals.
4 apartments – 8 bedrooms
This well maintained apartment building comprises 4 apartment units, offering a total of 8 bedrooms.
The property is a beautifully presented detached concrete build with a galvanized roof offering 5,283 square feet of construction on 0.365 acres of land.
Each of the 4 large and spacious self-contained double apartments feature a sitting area with sofa and flat screen TV, a dining area, screened veranda and 2 large bedrooms with en suite bathrooms including shower, toilet and wash basin.
Apartment features
The apartments come furnished to a high standard and equipped with fridge freezer/microwave, lpg gas stove, cupboards, laundry drier, washing machine, us standard Queen size beds and walk-in clothes storage closets.
Building features
The building benefits from exterior installed Kohler 38kw auto standby generator.
The property also includes a very large car park.
Room for expansion
The site offers potential for further development.
Benefits
An alien landholding license fee is presently waived until end December 2022 but must be registered with the Administration.
Citizenship is also offered on buildings valued over 400,000 usd.
More information
Listed by
St Kitts Nevis Realty
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