House · For sale · 449,438 HKD · 4 bedrooms · 19738 sqf
The apartment building was built in 2004 and is located on 19,738 square feet of land in Cap Estate. It is strategically nestled between the Cap Estate Golf Course and the planned Jack Nicklaus Golf Course at the Raffles Development. The easterly trade winds are vibrant and the apartments are always cool and breezy (without the need to use air-conditioners). The neighborhood is quiet and safe with lot sizes average ½ acre. The apartments have an excellent view of the Atlantic Ocean, the Caribbean Sea and the Cap Estate Golf Course.
The duplex-styled building comprises 2 fully furnished apartments occupying approximately 2,252 square feet at the top floor level. At the lower level, a further 2,800 square feet is available for development into three more apartments or one large apartment or combinations of these options. The superstructure and substructure including plumbing and electrical conduits are already in place to facilitate this development. The building is very well maintained.
The property has excellent potential for income generation even if owner occupied. There is adequate on-site parking to service the entire building.
Each of the apartments contains two bedrooms and two bathrooms (one of which is en-suite). The apartments are mirror images of each other and share a covered landing in the front of the building. Each apartment has:
- 2 bedrooms;
- 2 bathrooms;
- spacious living, dining and kitchen areas
- a covered patio;
- a solar heater and water tanks;
- an air conditioning unit in master bedroom; and
- a fully equipped laundry (washer/dryer).
