Jackson’s Hamlet – A Residential Community Property

Jackson’s Hamlet – A Residential Community Property

Prime Land Investment Opportunity: Jackson’s Hamlet

Jackson’s Hamlet is a property located directly on Oyster Pond Road, adjacent to Rice Hill Gardens Development, a quiet and serene upscale gated residential community. This is a perfect investment property for the continuation of a smaller upscale gated mixed residential community and makes this an ideal location for a gated middle income residential resort.

Location: Oyster Pond Road, adjacent to Rice Hill Gardens
A quiet, serene upscale secured private residential community. Located within minutes from Philipsburg and the Port of Sint Maarten, the Village at the Border (a new mixed-use) location where amongst others a Carrefour is slated to be constructed in the very near future.

Given the high demand of young professionals to be able to buy their own real estate, the location is sure to attract
qualified buyers and in case of investors – renters.

It is an excellent location for a small town home and apartment gated community.

Caribbean Architecture is preferred to complement its surroundings to maintain its value.

Property size 17,146 m2 which includes :

• Ownership of access road – 1,038 m2 to be constructed by seller (neighboring lot has easement for access)
• Contractual allowable heights for residential location of total 16,120 m2:
3,820 m2 flat max elevation 3 levels (includes ground level)
12,288 m2 – max elevation 2 (includes ground level)

Purchase price: $2,900,000 plus cost for cert. of admeasurements equaling $169 p/m2

Deed Restrictions

• Residential only (no inclusion of retail or entertainment)
• Community is to be gated (mostly already gated)
• Create HOF/HOA with rules to control noise for quiet living
• No construction work on evenings, weekends and public holidays
• Height restrictions
• Density as per approval from VROMI
• No casino, lottery, sports betting, adult entertainment or brothel

Highlights:
– Perfect for a Mixed Residential Gated Middle-Income Residential Resort
– Tranquil location with scenic views
– Flexibility for creative development
– Only minutes from Philipsburg, Oysterpond and Orient Bay
– Close to DP gas station, McDonald’s and Village at the Border, a new commercial location, which will include a new Carrefour