This newly built 4 Bedroom, air conditioned higher end house is on the market for the first time.
Only 15 min driving from town and less then a 1 min walk to the beautiful black sand beaches overlooking Hideaway Island.
This property is set on a 1,073m² block of land in the Mele Cove gated Estate.
It presents itself as a practical family home for the holidays or for long term residence.
The house is solidly built, connected to all the mains in town with a lease term of 75 years beginning in 2007.
This property is currently being rented long term.
Based on the current asking price, the current rental income and considering costs of management, maintenance and rent tax, this property is generating a comfortable 7,5% NET return today!
Contact us for a viewing today.
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