Waterfront Home For Sale
A spectacular waterfront location with uninterupted sea views
Coral Point is a detached three bedroom home set in a large water front lot extending to around 24,000 square feet with approximately 100 feet of water frontage and direct water access. South West facing the property enjoys unparalleled views over the Caribbean Sea. The property has a private driveway and a terraced swimming pool and is available for immediate occupation by a purchaser.
Room sizes -
Open plan kitchen, dining and great room: 735 square feet.
Master bedroom suite: 414 square feet.
Master suite balcony terraces: 108 square feet.
Guest bedroom suite 1: 368 square feet.
Guest bedroom suite 2: 368 square feet.
Outside terrace and pergola area: 730 square feet.
The property is newly built to hurricane resistant standards in reinforced concrete
blockwork with timber framed first floor and roof components. Coral Point has a landscaped garden and grounds,
a private drive and parking area and a swimming pool. The house, pool, grounds and the estate in general are maintained by a property manager.
Coral Point has been furnished to an exceptionally high standard by professional interior designers and is fully
equipped to a turnkey level for high end vacation rental.
Vacation rental income
Coral Point has been furnished and available for vacation rental since May 2019. Rental yields provided in excess of $70k in the period to March 2020 (10 months). The property is fully managed by local staff. Regular property maintenance, utility costs, housekeeping and property management are deducted from the rental income.
Turtle Bay Estate is a five acre private residential estate development situated on the protected Caribbean side of the island of Eleuthera just minutes from the fast-developing town of Governors Harbour.
The property enjoys an elevated site sloping gradually down to the waters edge, divided into spacious home lots all of which enjoy spectacular sea views and direct access to the turquoise waters of The Caribbean Sea.
Located on the sheltered lee side of the island Turtle Bay enjoys protection from prevailing winds and crystal
clear water making it a perfect location for water based activities, sailing and boating, fishing and snorkelling
which is not possible on the unprotected Atlantic shore of Eleuthera.
Turtle Bay is a short walk from the main township of Governor’s Harbour which offers a varied selection of shops, restaurants and activities. Governors Harbour international airport is a short drive with regular flights from Nassau, The United States and other Islands.
The property is approached from an impressive entrance feature and has a new road providing access to each lot.
The shoreside has been graded and a covered ‘cabana’ and decking area built to provide a communal platform
for boat mooring, fishing and water-based activities. A dive ladder allows direct water access for swimming and
This home is served by a dedicated underground water and power supply avoiding unsightly
telegraph poles and visible cables overhead and restricting the magnificent views. Power is provided direct from the grid and the property is served by
two private dedicated transformers. Water is provided at high pressure and irrigation lines are in place to all communal
grounds. Phone and Internet is provided by ‘fibre to the property’ lines resulting in super-fast broadband.
A Residential Development Opportunity
Several concept schemes for further development both residential and resort based have been drawn up and are available on request for investors or property developers wishing to acquire the entire estate.
Import duty on construction materials is currently exempt under the FIDEA (Family islands development encouragement act) making Eleuthera an attractive location for property development.