This lot has a very high vantage point to relax and enjoy the active views of the whole Great Sound; all the ships and sail boat races, etc. (As all the three "Southern Hillside View" lots do.) If a building is two storeys on this lot there may be a little view of the ocean to the south too. .9 of an acre is large enough to add dozens of fruit trees, etc. between the predominant Spice trees, with plenty of space to build a comfortable house. Because of the zoning and elevation no condominiums or any other houses can be built to block the views! The surface area is much more than an acre due to the slope. The yellow Riddles Bay Railway Station is not for sale! It may be able to be leased from the Bermuda Government. Access is from the corner of Camp Hill Road behind the Riddles Bay Railway Station. Good visibility in both directions would make it easy to enter and exit the road. An excavator would be needed to widen the Right of Way (ROW) given over the government land and extend it into this lot to widen it however wide the new owner would like from the approximate 3.05m (10 feet) to at least 3.66m (12 feet). This can be done since you are widening your road using your own property. This "L" shaped lot has a length greater than 375 feet that widens to a maximum of 196 feet wide on level from the Railway Trail to the top of the hill (The surface length is much longer). Area totals .364 hectares which is greater than 39,180 square feet. The last three digits of this figure reminds me of the greater than 180 degree views that a home can enjoy from Hamilton City to the whole of the Great Sound. Even from it's lowest elevations a home could have a view of the Riddell's Bay Golf and Country Club clubhouse. Lot B has the best price per acre of any of our five lots. It is a great bargain when considering the price per total sloped surface area! The zoning is Res1, but is almost covered with a woodland reserve conservation overlay. Not to worry, the Bermuda Plan 2018 allows for site coverage of 12% of the lot size. This means that up to a 4701 square foot site coverage is allowed, and if the building is double story, the house could be double the area of a single storey house; 9402 square feet. Stone that is quarried in building a good size tank would probably be good to sell since this hillside was commercially quarried many years ago. This property is near, a major grocery store, a wholesale and supply store, restaurants, gas station and major bus routes. If you have any questions or want to view the property please contact the listing agent.
Brokered And Advertised By: Hasan Durham Realty
Listing Agent: Hasan Durham
Monthly repayment is an estimate for guidance only. Calculation is based on an interest rate of 5.75%, 30% deposit over a 25 year period.