Listing ID: 59
Village Cay Garden Estates No. 9 -Significantly Reduced Price – Now $747,000 USD! This special offer remains all-inclusive, however, it is only available for a limited period of time due to temporary financial opportunities that have arisen from the global coronavirus.
We are delighted to present for sale, in the newly renovated Village Cay Garden Estates, the best-kept secret in the heart of the BVI’ s capital, a beautifully presented, modern, and extremely comfortable three-story – three-bedroom – waterfront family Estate House, that is fully furnished to a five-star standard and also includes a full office facility, 40’ marina powerboat slip, 60’ deep-water sailing yacht anchorage/mooring, secure private parking, all conveniently located in the heart of the BVI’ s capital.
This modern Estate House has privately nestled away in a tropical gardens oasis that few know exists and yet it is only stepping away to all of the amenities the BVI’ s capital has to offer, including over 25 restaurants, numerous shops, grocery stores, marinas, parks, the movie theatre, pubs, banks, offices, and the newly built Peebles Hospital.
Village Cay Garden Estate House No. 9 sustained virtually no damage through the storms of 2017 and several upgrades and renovations have been completed to the highest quality standards. Specifically, the kitchen, bathrooms, entranceway, large owner’s storage locker, laundry room, a large cistern, electrical, and plumbing were all fully renovated and/or upgraded over the past few years. Access to Estate House No. 9 is via the private driveway to the privately-owned car park and through a private gated courtyard boasting exceptionally well-maintained gardens at the rear of the Property.
Upon entering No. 9, what first strikes you is how open, light, airy, and inviting the layout is. Large – two-story – double-sided – hurricane proof – windows surround the ‘Air Stairs’, both front and back, providing a great sense of space and natural lighting when you arrive.
On the ground floor, the open-plan layout boasts a fully equipped kitchen, stylish dining room, and a large comfortable living room.
The well-appointed kitchen features premium granite countertops, custom-built solid wood cabinetry with not an inch of space wasted, all the newest stainless steel GE appliances, including gas cooker, large fridge freezer, microwave, dishwasher, toaster oven, Nespresso Latte/Cappuccino Maker, electric kettle, toaster, blender, etc., and all other desired amenities.
The dining room features a large glass dining room table with seating for six with an expansive – wall mounted – a wooden framed mirror that together accentuates the natural lighting and space. The dining room has dimmable ceiling lights, ceiling fans, and air conditioning. The dining room also offers a separate wine rack and bar fridge area with a water cooler (i.e. with both cold and instant hot water).
The open plan living room has a large premium Cinemax couch, matching glass tables, a premium Persian rug, custom vanity, airy wall mounted bookshelves surrounding a 58” Samsung Smart – flat-screen TV with fully extendable and articulating wall mount arm bracket, Ultra- high - speed fibe r-optic broadband internet connection and Satellite / My Dish Service, Apple TV, and Netflix, all connected to the surround sound system.
French doors from the extremely well-appointed, comfortably furnished, living area lead onto a covered veranda that looks over the exceptionally well-maintained waterside gardens and out across the marina and harbor. Access to the fully fenced waterside gardens, which is ideally suited for a pet, is a couple of steps from the veranda. Comfortable patio furniture and a large Weber barbecue add to the enjoyment of this quiet outdoor space.
The Stylish air stairs lead up to the second level where the Master Bedroom Suite boasts a striking cathedral ceiling, a private balcony overlooking the gardens and marina, a premium orthopedic king bed, a walk-in closet, a large ensuite bathroom with double vanity and double head shower with heated Jacuzzi bathtub. The Second Bedroom and Bathroom also with prominent cathedral ceiling overlooks the private courtyard gardens.
The third floor, again with a cathedral ceiling, is a third bedroom or elegant office or can equally be a den and/or children’s room. It is currently set up as a premium office with state-of-the-art office equipment and a comfortable queen size sleeper couch. Open the double French glass interior doors to a small Romeo and Juliet balcony and let the air movement throughout the house and up through the third-floor skylight window.
All rooms provide a nice sea breeze, efficient ceiling fans, air conditioning throughout, ample and dimmable lighting options, are fully furnished to a premium standard, including elegant artwork, with all fixtures and finishing done to a five-star standard, that together encompass a nautical theme throughout this Waterfront Estate House.
This Property has it all. Waterfront, town center, with underground hospital line power & town water, a large cistern, office-grade ultra- high - speed fibe r- optic broadband internet connection via wireless throughout and numerous LAN connections. A very comfortable family home with elegant office space, a private laundry room with a newly installed washer/dryer, a 60’ deep-water yacht mooring anchorage and a 40’ powerboat slip with water and electricity access and both are visible from the living room and decks, a privately-owned car parking space, a private pet-friendly self-contained large yard with beautiful gardens.
This exceptional town center, waterfront, Estate House is being sold fully furnished to a premium standard and is move-in ready. There is quite simply nothing to do, nothing that needs fixing or improving. It is turnkey move in and/or high-end income ready. It should certainly be on your list if you are looking for convenience, low maintenance, and easy living – with no steep hills to negotiate and/or as an excellent investment property! It works equally well as a retirement home, family home, office space, and/or as a high-end investment property.
Its central location means rental demand will always be strong either from Tortola’s corporate world or as a short-term waterfront rental. This home has commanded a rent of $6,600 USD per month following hurricane Irma, however, the long-term corporate discounted rental rate is $4,860 USD per month. It’s extremely high rentability also increases the liquidity of the Property if it comes time to sell. The Property Owners at Village Cay Garden Estates are free to handle their own rentals or can take advantage of the competitive management and rental programs offered by several of the in-town Real Estate Companies or the Village Cay Hotel and Marina Limited rental program.
On the practical side, Estate House No. 9 also benefits from the BVIEC power line that feeds the hospital (i.e. underground and the most reliable), in town office-grade high-speed fiber-optic broadband internet connection (i.e. again underground), a large cistern, access to town water supply, a private laundry room with newly installed washer dryer, private and secure in-town parking, marina slip and anchorage, close proximity to the new hospital, and immediate access to all town central offerings and amenities.
Attractively priced investment properties in the BVI are set at a multiple of 185 times the sustainable long term monthly rental rate which for Estate House No. 9 is 185 * $4,860 = $899,100 USD and this does not include the value of the 40’ marina slip, 60’ deepwater anchorage, and the private in-town car parking space.
So, the reduced price of $747,000 USD for all that Village Cay Garden Estate House No. 9 has to offer is an excellent buying opportunity.