For sale by owner.
Exceptional Hotel or Residence Project in St. Elizabeth, Jamaica. This remarkable building features a total of 15 suites, each designed with varying sizes to accommodate diverse needs, all awaiting completion. Each suite is thoughtfully laid out to include ample space for a bedroom, bathroom, salon/dining area, kitchenette, and a private balcony. This versatile property presents an excellent opportunity for conversion into a hotel, catering to both short-term and long-term guests. Alternatively, the property can be transformed into a serene eco-resort, providing a natural retreat for those seeking tranquility and outdoor adventure. With the surrounding landscapes offering hiking trails and other nature-based leisure activities, it is an ideal setting for relaxation and rejuvenation. The fifteen suites can be further developed and sold or rented out as condominiums or vacation flats, making it a lucrative investment opportunity. For those seeking a more personal touch, the building can also be converted and finished as a spacious villa for private use. Additionally, the property is well-suited for hosting retreats, seminars, and meetings, providing a peaceful environment for productivity and creativity.
Spanning four floors, the building boasts breathtaking 180-degree panoramic views of both the seascape and the surrounding landscape, creating a picturesque backdrop for any occasion. The nearby towns of Junction, Black River, Santa Cruz and Mandeville offer additional amenities and attractions, enhancing the appeal of this location. Situated on a generous 4.45-acre lot at 55 Yardley Chase in the parish of St. Elizabeth, this property is currently available for sale as a Resort Apartment/Villa. With a total area of 4,000 square feet, it features 15 bedrooms and 15 bathrooms, all constructed with finished concrete siding. The property is equipped with its own parking and reservoirs. With an estimated additional investment of approximately US$500,000 required to
complete the project, this property presents a unique opportunity to create a stunning residential or commercial space. It can also be divided and sold as individual apartments or condominiums, offering flexibility in its future use. Price is negotiable.