Opis:

Emerald Palm Estates comprises three lots of land totaling approximately 5½ acres or 255,800 sq. ft. It is located in the very popular Queens Fort and Royal Westmoreland area and is just a short walk to the pristine West Coast beaches. The property borders on Heron Court development on the East, and Mango Court development on the North, both being up market residential townhouse development. Lot 1 comprising 35,000 sq. ft. includes Emerald Palm Restaurant and gardens and is adjacent to Lot 2A which could provide additional parking space or room for expansion to the Restaurant. Lot 2 the largest lot comprises 209,000 sq. ft. for which Town Planning approval has been obtained for the development of The Emerald Palm Estate, a complete resort Condominiums Hotel combining classic with elegance with lavish state of the art amenities and offering sumptuous guest comfort and convenience. The resort would boast 54 two bedroom condos, or 36 two bedroom condos (1,575 sq. ft. each) and 12 three bedroom penthouses (2,041 sq. ft. each) separated into 6 clusters of 9 units each and a separate administrative building of the same size, with a restaurant that could become another cluster of units if desired. All of this artfully set around a tranquil Ocean pool. The three lots are preferably being offered as a whole but consideration would be given to the sale of individual lots. An excellent development site for a sophisticated operator. Land Area: Approx. 5½ Acres or 255,800 sq. ft.Lot 1 - 35,000 sq. ft.Lot 2 - 209,000 sq. ft.Lot 2A - 12,600 sq. ft.

Ref: 36130-142