An excellent opportunity to own a well maintained attractive commercial property centrally located and within easy access to all amenities.
The building, presently known as Compass Point, is being offered for sale with an excellent rental return for the discerning investor looking to make a more than average attractive return on their investment.
The half acre site located on the south side of Leeward Highway comprises a 2 storey detached office building of approx 4,000 sq ft with office accommodation on both levels.
The lower level is presently occupied and leased to IBC for $3,300 per month plus utilities. The lower level also has 2 bathrooms, one with shower. The staircase accessing the upper level had been blocked out however still remains in place should a future occupant require both levels. The upper level is accessed by an attractive double entrance with security door to the rear. The lower level is accessed by attractive double doors with 3 other security exits. Both levels are enhanced by Bermuda style hurricane shutters and roll down security shutters at the main entrances.
The upper level is occupied by Turks and Caicos Sotheby’s International Realty. Upper and lower levels are separately metered for power. Owners will rent back till late 2008.
Upper level comprises large and impressive reception area, 7 offices (including boardroom), spacious open plan secretarial typing pool, male and female bathrooms, fully equipped kitchen, secure filing store room, and large storage closet. Spacious car park, landscaped planters and palm trees and extremely visible signage adorns the entrance to this attractive building.
Large car park to rear as well as 2 spacious storage sheds, fenced in garbage disposal area and ample space for future expansion.
Construction:-
▪Reinforced concrete foundations
▪Masonry block
▪Reinforced large concrete water cistern, also linked to city water with useful kick-in valve when water level reaches certain low point.
▪Concrete suspended slab between floors
▪Timber internal staircase
▪Asphalt shingle roof, pvc rainwater guttering.
▪Concrete vehicle ramp, external paths and stairways
▪External lighting
▪Flagpoles
▪Asphalt paved access and front parking areas
▪Ceramic tiles throughout circulation areas. Carpet to offices, conference room and staircase. Acoustic tiles to lower level ceiling area
▪Laminated kitchen cabinets, work tops and vanity units
▪Standard sanitary fittings. Double vanity in female bathroom
▪Full security alarm system
▪Recently installed full security system throughout.
▪Central air conditioning throughout
Unless an investor is looking for vacant possession, Turks and Caicos Realty would be willing to rent back until late 2008.
