Buchanan
Unit 8, 20 Phoenix Avenue
Kingston 10,
Jamaica
Details
Address | Lot 384 Palmbrook Estate |
Area | St. Elizabeth |
Sub Area | Lacovia |
State/Province | St. Elizabeth |
Country | Jamaica |
Price | JMD $10,000,000 |
Property Type | Development Land (Residential) |
Lot Size | 0.30 Acres |
MLS® # | 81059 |
7 minutes’ drive out of the hustling and bustling town of Santa Cruz, lies this suburban ‘Oasis’, which is now the top gated community in St. Elizabeth. This commercial Lot for sale is approximately 1/3 acre and is located inside the development, just as you pass the first right turn. Its strategic location within the subdivisions makes it easily accessible by both residents and patrons that will be using the adjoining larger commercial areas. This part of Lacovia boasts upscale residents, predominantly young professionals, prominent farmers and established business figures. Nearly 400 lots have been secured, with construction either in progress or completed. Lacovia itself is conveniently located about 5 minutes eastward from Santa Cruz, 15 minutes westward from Black River, and 30 minutes southward from Treasure Beach. The commercial lot on offer is ready for development. With neighboring communities like Mountainside, Lacovia, Burnt Savana, Burton, and RoundHill there's an existing customer base for this commercial property. Investors have a significant opportunity to cater to the growing demand for local amenities, including a gas station, convenience stores, medical centers.
Listed by ALLIED REAL ESTATE COMPANY LIMITED