Multi-Unit Residential Property for Sale Overview
Land Area (Total): approx. 37,061 sq ft
Parcel 2: 13,336 sq ft
Parcel 3: 23,681 sq ft
Tenure: Absolute Freehold
Zoning: Residential
Access: Concrete road access from Morne Main Road
Vacant Possession: Yes
Property For Sale in St Lucia
The property comprises a two-storey reinforced concrete residential building, approximately 56 feet long by 40 feet wide, constructed with reinforced concrete slab on grade and reinforced concrete suspended slab.
Accommodation Layout
Ground Floor
3 bedrooms
1 bathroom
Living & dining area
Kitchen
Porch and laundry access
Top Floor
4 bedrooms
3 bathrooms
Living & dining area
Kitchen
Office / library
2 porches
This configuration allows for multi-family living, rental income, or conversion into multiple apartments.
Services & Utilities
Condition & Value-Add Potential
The building is over 40 years old and in good to fair condition, with clear opportunities for modernization. Noted areas include:
Localized roof tile repairs
Ceiling and bulkhead repairs on the top floor
Replacement of some ceramic floor tiles
General cosmetic upgrades
The remaining economic life is estimated at approximately 30 years, making this an ideal candidate for renovation, reconfiguration, or phased redevelopment.
Highest & Best Use
The valuer confirms the highest and best use is residential, with strong potential for:
Income-producing apartments
Multi-generational residence
Long-term redevelopment holding
Renovation and resale strategy
Comparable residential properties in the area support values up to EC$1.5M+ for upgraded homes, reinforcing upside potential post-improvement.
Why This Property Stands Out
✔ Central Castries location
✔ Large combined land parcels
✔ Freehold title
✔ Vacant possession
✔ Flexible residential layout
✔ Strong renovation / income upside
Viewing & Further Information
This property is offered with full valuation documentation available to serious buyers.
- Private viewings by appointment - Contact Micha Landers
- Suitable for cash or renovation-focused buyers
- Local and overseas buyers welcome
Find Out More About The Step By Step Process For Buying Cas En Bas Land No. 89 for sale in Gros Islet St Lucia
