'Inside' the Mid Ocean Club gate on the Tucker's Town peninsula is far and wide considered Bermuda's most coveted location. Non-Bermudian category homes here sell well in excess of $10 million, and the \"per acre\" price for a Non-Bermudian category tear-down home currently stands at more than $12 million. This 1.15 acre building lot with just a studio cottage with kitchenette and bathroom -- quite literally a playhouse -- represents the very last opportunity to purchase and build in this prime location without tearing down a substantial home. Playhouse adjoins the stunning Rosewood Bermuda beach club and is an easy walk or golf-cart ride from the private Mid Ocean Club and Tucker's Town Cove. The South Shore views are superb and the zoning is favourable for development of a substantial private home. This property is available to Bermudians, Permanent Residency Certificate holders, and British Overseas Territory Citizens 'deemed to belong to Bermuda'.
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Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 7.00%, 30% deposit over a 25 year period.