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- St George, Grenada
Price  US$3,500,000
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Essentials

Location

True Blue, Grenada

Rooms

39 Bed / 39 Bath

Type

Apartment Building

Land Area

13,442 sq. ft.

Floor Area

13,711 sq. ft.

Furnishings

Furnished

Ref #

G21250

Overview

Income producing apartment building located in the prime neighborhood of True Blue, in the south of the Grenada approx. 5 minutes from the Maurice Bishop International Airport and the sub-city of Grand Anse.

Agent's Insight

  • Long term rental occupancy by SGU students
  • Built in 2009 with extensive renovation in 2016
  • The design of the building lends itself to be easily converted into a small hotel or condominium development.

DescriptionFeatures & Amenities

Income producing apartment building located in the prime neighborhood of True Blue in the south of the island approx. 5 minutes from the Maurice Bishop International Airport and the sub-city of Grand Anse. The building was built in 2009 and renovated in 2016. The renovation included expansion of the number of units and furniture upgrades in most of the rooms. The building comprises a total of 29 one bedroom/studio apartments and 5 two bedroom apartments. The single units rent for approximately US$990-US$1,300 and the 2 bedroom units rent for approximately US$1,760 - US$1,980. Other amenities include a shared laundry room with coin-operated washers and dryers, solar water heating and survelliance camera. The complex enjoys long term rental occupation mainly by students of the St. George's University which is located approx. 5 minutes drive away. The design of the building lends itself to be easily converted into a short term rental guest house or small hotel or condominium development.
  • A/C
  • Internet
  • Dryer
  • Ceiling Fans
  • Oven
  • Refrigerator
  • Stove
  • Water Tank
  • Water Pump
  • Washing Machine

MapThis Grenada Property is near...


Best Beaches
  • 1.1 km Prickly Bay Beach
  • 1.4 km Morne Rouge Beach
  • 1.9 km Grand Anse Beach
  • 2.3 km Magazin Beach

Golf
  • 3.0 km Golf Course

Restaurants
  • 0.8 km Red Crab
  • 0.9 km Options
  • 1.1 km Dodgy Dock
  • 1.4 km Oliver’s Restaurant
  • 1.7 km Venus Restaurant & Sports Lounge
  • 1.9 km La Chateau
  • 2.4 km Aquarium Restaurant
  • 2.5 km Coconut Beach Restaurant

Shopping
  • 1.3 km Excel Plaza
  • 1.5 km Le Marquis Complex
  • 1.5 km Spiceland Mall
  • 1.9 km Grand Anse Shopping Center

Supermarkets
  • 1.1 km CK’S Supermarket
  • 1.4 km Real Value Supermarket
  • 2.0 km FoodFair Supermarket

Tennis
  • 2.2 km Grand Anse Court

Watersports & Diving
  • 1.0 km Aquanauts Grenada
  • 1.0 km ScubaTech Dive Center Grenada
  • 1.4 km Dive Grenada
  • 1.7 km Eco Dive Grenada
  • 2.2 km Native Spirit Scuba
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