Immerse yourself in an unparalleled island life experience. This unique undeveloped waterfront opportunity overlooks the breathtaking natural backdrop of Cocoa Bay’s protected calm waters in St. George’s.The 0.31 acres of land located at the corner of St. David’s Road and Dolly’s Bay Road boast more than 100 feet of shoreline. The serene landscape will inspire creativity and a quest for the ultimate in relaxation when developing your meticulously crafted dream residence in this pristine residential east end neighbourhood.A haven for boat owners, pre-approved plans for a floating dock, 15ft x 4ft, with gang plank, 15ft x 2ft are in place with a 21 year foreshore lease.Life in the East offers privacy and escape from the day to day. Cooper’s Island Nature Reserve is within walking distance and the Town of St. George just a 7 minute drive away. Water enthusiasts will love this location and enjoy full contact with neighbouring islands and inlets to explore. Concept drawings for a quaint 1700 sq. ft. Bermuda cottage are included and worth consideration. An underground water tank and Belco access from roadside poles remains from a previously dated dwelling. With residential 1 zoning, this lot offers limitless potential and could even be developed into a multifamily residential complex, with the permission of Bermuda’s planning department.
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.