Bahamas Real Estate from Seaview Properties

Union Wharf

Downtown Bay Street, Nassau/New Providence

$15,000,000

About This Property

The Union Wharf Re-Development site is located in the Heart of Downtown Nassau fronting Nassau's magnificent Harbour and presents an excellent commercial/residential development opportunity situated within the preliminary proposed re-urbanization master plan for Downtown Nassau and the Harbourfront.

The 3.94 acre site has approximately 826 linear feet of water frontage on the habourside overlooking Paradise Island (the Atlantis Resort) and 394 linear feet of frontage on famous Bay Street.

Building areas:

Main warehouse: 21,250 sq. ft.

2 Storey Retail Building: 10,834 sq.ft.

Building 3: 1,569 sq.ft.

The property has excellent harbour and ocean views which allow for prime waterfront commercial and/or residential development.

The preliminary conceptual master plan designed by EDAW has three (3) districts within the re-development zone - The Garden District to the West; the Heart of Nassau, which is situated in CBD area of Nassau; and the Living Waterfront to the East which will be mainly residential developments with supporting commercial/retail/marina facilities. The Union Wharf property is located within the Living Waterfront district.

The Government has indicated plans to start relocating the existing shipping zone to Arawak Cay, to the West of the downtown area by end of 2008, and completing the move by the end of 2009. The re-development of the harbourfront project will commence shortly thereafter.

Listing #5225
Lot Size3.94 acres
Building Area33,653 sq.ft.
Property TypeBusiness Opportunity, Warehouse
Key FeaturesOcean View, Waterfront
LocationNassau/New Providence, Central N.P., Downtown Bay Street
Affiliations