Haus – Stylish, modern and affordable development set for Hamilton Parish

Haus – Stylish, modern and affordable development set for Hamilton Parish

An exciting contemporary development is close to breaking ground in Hamilton Parish, providing purchasers the opportunity to buy a brand-new home for under $400,000. The Haus development is located close to Shelly Bay Beach and has recently been listed with Fiona Hatfield from Coldwell Banker Bermuda Realty. Priced at $395,000, with limited pre-construction prices available to the first purchasers, this development is likely to be popular with first time buyers and investors alike looking for truly new home. 

Located off North Shore within a convenient commute to both the City of Hamilton as well as the airport, Haus is being developed by a well-respected and qualified local construction company – due for completion in 2019. The development will consist of 6 Freehold townhouse style properties on a half-acre lot. Four of the properties will be 725 sq foot and two will be slightly larger at 765 square foot. The front four units will benefit from North Shore views. All units will have some outside space, private balconies, assigned car and bike parking as well as a communal garden.

The Townhouses have been designed with modern living firmly in mind. Downstairs is an open plan kitchen and living room with a half bathroom and an outdoor patio as well as plenty of storage under the stairs. The finishes are of a high quality with gray wood-look tile flooring throughout, stainless steel appliances, gas stove and a contemporary gloss white kitchen with Caesarston Quartz countertop. Upstairs in each home is a bedroom, full bathroom, walk- in closet as well a small utility area with a stackable washer/dryer (included). There is a porch off the bedroom which sits above the patio and is glass fronted to take advantage of the North shore and garden views. All units will benefit from split A/C, PVC windows with tinted UV glass as well as eco-friendly recessed LED lighting. The properties will also be equipped with basic security system and also all the necessary wiring for Solar should the new owners wish to add. For first time buyer concerned about costs, the maintenance fee is forecast to be just $75 per month and will cover upkeep of the common areas and landscaping. 

Haus is likely to be an attractive offering not only for first time buyers or downsizers but also to investors – aside from being largely maintenance free in its early years, there is a potential projected gross yield of 6% for each unit. To secure one of the properties a 10% deposit is required with the balance paid upon completion. The deposit will be held by Coldwell Banker Bermuda Realty providing reassurances to purchasers. Should purchasers be interested, there is the potential at this stage to purchase 2 units and make them into a single 2 bed, 2.5 bath + den/3^rd bedroom. Purchasing early at Haus will also provide opportunity to upgrade or customize parts of the property.

Haus blends elements of traditional Bermudian architecture with clean modern lines and contemporary living. Given the price point, location, lifestyle as well as the amenities the development offers, the agent is expecting a lot of interest over the coming months. To learn more about the development, for copies of the plans or a site visit contact Fiona Hatfield at Coldwell Banker Bermuda Realty on on 534-9932 or by e-mail: FHatfield@brcl.bm

Further details and pictures of this development can be found at: https://www.propertyskipper.com/properties/all/tender_type/sale/property_type/residential/keyword/Haus