Title of Property: BANNERMAN TOWN
Street Name: QUEENS HIGHWAY
Area: Other Eleuthera
Island: Eleuthera
Listed Price: $3,704,000
Property Type: Land Only
Major Type: Commercial
Currency: BSD
Amenities: Highway Access
Legal Description: TRACT OF LAND IN ELEUTHERA KNOW AS 'HALL & McKINNEY" TRACT COMPRISING 43.39 ACRES
Sale or Rent: For Sale Only
Description: This property, comprised of 43.39 acres is in Bannerman Town, located on the southern end of Eleuthera. The town was named after Governor Alexander Bannerman, a Scotsman who was Governor of The Bahamas during the 1850's. This settlement, not fully developed (limited infrastructure), is rich with history. Residents live in a quite serene setting surrounded by beautiful ocean water and sandy beaches. It is home to the only lighthouse in Eleuthera, set atop one of the most beautiful and until recently, discovery of an undiscovered beach in The Bahamas called "Lighthouse Beach" situate next to Lighthouse Point, a prized and private cay acquired by Disney Cruise Lines. Lighthouse Point is poised for development to start in 2021. This property is strategically located to take advantage of economic opportunities that will result from the thousands of tourists and others who will be brought to the area by Disney and Cotton Bay, home of the Jack Bay Development. There are many development possibilities not the least of which are entertainment facilities and resort development.