Investment Opportunity off Reef Golf Course – Colindale Apartments
ActiveWelcome 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 |