From $890,000 USD

 

The Reserve is an outstanding development of six waterside Condominium Units right on the water of Rodney Bay harbour.  To date this has been a very successful development with all of the units being sold with the exception of one two bedroom unit.  The units have been built by an Italian company to a very high standard of finish to include European kitchens and the extensive use of natural stone materials such as granite, travertine marble etc.

The 2 bedroom unit has 2,400 sq ft of living space and is spread across two floors with the main living areas on the ground floor and the two bedrooms, each with own bathroom, on the 1st floor.  This particular unit has the option to be sold with a dock which offers a mooring length of 40ft with a minimum 8 ft draft.   Waterside properties in Rodney bay marina are rare and very much sought after from a short term rental point of view and attract significant rental rates. 

A waterside property with its own mooring is virtually unheard of.  This unit is the central unit within the six and is in a great position to take advantage of the marina views.  As this is the very last unit for sale within The Reserve the Developer put in place the following incentive scheme:

 

Price - $890,000 USD  - (or $940,000 USD to include a private dock which comes with a trading licence allowing the dock to be rented or sold on) – plus...........

1. A guaranteed cashback / rental return of $50,000 USD per annum net (i.e. after payment of condo fees) for two years paid in six monthly instalments (of $25,000), if the property is placed in the rental pool for 100% of its availability.
   

Or..........

1. A guaranteed cashback / rental return of $35,000 USD per annum net (i.e. after payment of condo fees) for two years if the property is placed in rental pool for 100% of its availability less 4 weeks use of the property in the high season by the owner (or his or her agent.)
   

Or..........

A guaranteed cashback / rental return of $25,000 USD per annum net (i.e. after payment of condo fees) for two years if the property is placed the rental pool for 100% of its availability less 4 weeks use in the high season and 4 weeks use in the low season by the owner (or his or her agent.)

Ref: RB_002

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