Investment Opportunity off Reef Golf Course – Colindale Apartments

55867 Investment Opportunity off Reef Golf Course Colindale ApartmentsActive
  • $3,500,000
    • Address:
      Investment Opportunity off Reef Golf Course - Colindale Apartments
      Grand Bahama/Freeport, Bahamas
    • Location:
    • Beds: 24
    • Baths: 24
    • Sq Ft: 16,800
    • Lot Sq Ft: 1 acres

Welcome to The Colindale, a fully renovated, income-generating condominium complex in the desirable Bahama Reef Yacht & Country Club. Just minutes from the Port Lucaya Marketplace and within walking distance to miles of pristine beaches, this gated 16-unit building offers a rare opportunity for short-term vacation rentals or long-term leases with a proven rental history.

The building comprises:
Eight (8) 1-Bedroom / 1-Bath units on the ground floor
Eight (8) 2-Bedroom / 2-Bath units on the second and third floors
Each unit is approximately 1,200 sq. ft., with private balconies overlooking the lush Reef Golf Course

Features Include:
Contemporary design with ceramic tile flooring
Granite countertops and custom cabinetry
Stainless steel appliances, built-in microwaves, washers & dryers
Customized master closets
Furnished with modern island-inspired decor
Resort-style swimming pool and sun deck
Secure, gated property with landscaped surroundings

Bonus: An adjacent lot with a partially constructed building and approved plans is also available for $346,000, providing a great opportunity for expansion or additional income potential.

Whether you’re a seasoned investor or seeking a turnkey multifamily asset, The Colindale delivers location, design, and long-term earning potential.

Price:$3,500,000
Address:Investment Opportunity off Reef Golf Course - Colindale Apartments
City:Grand Bahama/Freeport
State:Bahamas
MLS:55867
Square Feet:16,800
Acres:1
Lot Square Feet:1 acres
Bedrooms:24
Bathrooms:24
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