Gold City Warehouse Complex
Oakes Field, Nassau And Paradise Island Bahamas

$5,180,000
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MORLEY

David Morley,CCIM, CIPS
11 Shirley Street
Nassau, New Providence Bahamas
William Christopher Sands
11 Shirley Street
Nassau, New Providence Bahamas
$5,180,000
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4.24 Acres
Exterior
Commercial
Property Type
42584
Web Id
42584
MLS ID

About Gold City Warehouse Complex

Opportunity
The Gold City Warehouse Complex is an established warehouse rental property with substantial room for growth. The property is currently underdeveloped, and with the construction of additional buildings, will result in a better return for an investor. The CAP rate is 4.8%.

Location
Gold City Warehouse Complex is located on Farrington Road, in the northern central area of New Providence. This convenient location is a 7-minute drive to the Nassau Container Port, and easy highway access to all points east, west, and south.

Land Size
The property is a total of 4.25 acres, or 185,130 square feet. Lot 19 fronts on the southern side of Farrington Road and is 1.251 acres, being mostly undeveloped. The adjoining Lot 18, is 3.0 acres in size, and can also support additional buildings.

Buildings
There are a total of 3 buildings comprising a total of 50,385 square feet, with a current vacancy rate of 3 percent.

features

Parking
Parking Lot
lot description
Near Public Transportation
Style
Commercial

Property Details

Amenities
Highway Access, Signs Allowed
Area
Oakes Field
Unit Rentable Area
50835

The information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us) , we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Morley Realty. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information


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