Price: $1,425,000
Price: $1,425,000
Beaumont House is a beautifully restored late 19th-century coral stone building perfectly positioned on Hastings Main Road, right at the corner of Palm Beach Road. Its enviable location places it within a minute’s walk of the beach and steps away from the lively south coast boardwalk, cafés, restaurants, and shops all in the heart of Barbados’ south coast.
This iconic mixed-use property offers a rare blend of heritage charm and modern functionality, making it an exceptional income-producing investment.
The main level features three established commercial spaces; a boutique, a barber shop, and a doctor’s office all with long-term tenants in place. The upper and lower levels comprise four self-contained two-bedroom, one-bathroom apartments (eight bedrooms total), all renovated with upgraded kitchens, tiled floors, new furnishings, keyless entry systems and energy-efficient air-conditioning units.
The property offers an estimated 6% annual return on investment (ROI) based on the current asking price.
Additional features include two large water tanks, an office that could be converted into an on-site laundry and off-street parking.
Beaumont House benefits from easy access to the ABC Highway, the UNESCO-recognized Garrison Savannah, Grantley Adams International Airport and the Bridgetown Port.