Caribbean MLSReal Estate

5 Bedroom Multi-Family Property for Sale, Kakeka Street, Grace Bay, Providenciales, Turks & Caicos

Available on request

Type
Villa
Land
5,317 ft²
Year built
Available on request

What this listing includes

  • Private pool
  • Garden
  • Terrace
  • BBQ area
  • Ocean view
  • City view
  • On-site security
  • Gated community
The brief

The reason to consider it.

This multi-family property, located on Hope Street in the Grace Bay area of Providenciales, Turks & Caicos, offers convenient access to the beach, dining, shopping, and golf, along with excellent investment potential. It is situated in a desirable area known for commanding premium rates for both short-term and long-term rentals.

The property features three separate units on 0.28 acres, with a combined interior of 5,100 square feet. The two upper-level units each have 2 bedrooms and 2 bathrooms, complete with private outdoor spaces and pools. The ground-level unit on the south side includes a spacious 1 bedroom and 1 bathroom apartment, featuring an expansive outdoor entertainment area and a plunge pool, suitable for guests or long-term residents. Each unit is equipped with separate power meters, allowing for independent leasing and diversified income streams to ensure steady cash flow.

Outdoor spaces are well-designed, with a paved driveway lined with tropical palms leading to the upper units. The landscaped and fenced outdoor areas provide privacy and a resort-like atmosphere. Each unit boasts its own pool and entertaining area, perfect for relaxation and hosting.

With its prime location in the high-demand Grace Bay area and three independent rental units offering easy access to the beach and local amenities, this property presents a strong investment opportunity in the Turks & Caicos rental market.

Cost of entry

The asking price is not what it costs.

What completing costs

US dollars

Who bears the transfer cost is market practice, not law