Triplex Lot, Via Della Rosa

An investment opportunity disguised as a vacant lot

Zoned for a triplex, this lot in Via Della Rosa offered something that most vacant land in The Bahamas does not: built-in income potential from the moment construction is complete. The seller had a clear objective — find a buyer who understood the investment value of multi-family zoning in a gated community, not just someone looking for a place to build a single home.

Aaron positioned this property not as a simple piece of land, but as a turnkey investment opportunity. The messaging was deliberate: a lot where the buyer could build three rental units in a secure, gated environment with established infrastructure and amenities already in place. This framing shifted the conversation from price-per-square-foot to return-on-investment, which is exactly where it needed to be.

The brief required an agent who could speak the language of investors rather than homebuyers. That meant presenting pro forma rental projections, highlighting the scarcity of triplex zoning in gated communities, and reaching a buyer pool that thinks in terms of yield rather than curb appeal. Aaron brought that commercial perspective to what might otherwise have been treated as a routine land listing.

Triplex zoning in a gated community

Via Della Rosa is a gated community within Coral Harbour, one of Nassau's most established residential areas on the southwestern coast of New Providence. The community features 24-hour security, landscaped water features, a basketball court, parks, and well-maintained common areas — the kind of amenities that attract tenants and support strong rental demand.

What sets this lot apart is its zoning. Triplex-zoned land in a gated community is genuinely unusual in The Bahamas. Most gated developments restrict lots to single-family residential use. A lot that permits three units in an environment like Via Della Rosa represents an investor-grade opportunity that rarely comes to market.

The location adds further value. Coral Harbour sits close to Lynden Pindling International Airport and some of New Providence's best beaches, including Adelaide Beach. The area has seen steady residential growth, and demand for rental housing continues to climb as the local population expands. For an investor building three units, the tenant pool is deep and reliable.

The lot itself was ready for development — situated within established infrastructure with road access, utilities, and the security of a gated perimeter. A buyer purchasing this lot was not starting from scratch; they were stepping into a community with the framework already built around them.

Multi-family zoning meets strong rental demand

Multi-family zoned lots in gated communities are rare in The Bahamas. The vast majority of gated developments on New Providence restrict construction to single-family homes, which limits the income potential for investors. When a triplex-zoned lot does become available in a secure, amenity-rich community, it commands attention from a specific and motivated buyer pool.

At $130,000, this lot represented significant value when measured against its income potential. Three rental units in Coral Harbour could generate meaningful monthly revenue, and the gated setting commands a premium from tenants who value security and community amenities. The math on this property worked for an investor in a way that most single-family lots simply cannot match.

The Bahamas rental market remains strong, driven by consistent local demand and a growing population in areas like Coral Harbour. Unlike the tourist-driven rental market in Paradise Island or Cable Beach, Coral Harbour's rental demand comes primarily from Bahamian professionals and families — a stable, year-round tenant base that does not fluctuate with tourist seasons.

Against this backdrop, a triplex-zoned lot at this price point was not just a land purchase — it was an entry into the rental income market with a structural advantage built into the title.

Understanding the investment angle

The triplex lot in Via Della Rosa sold for $130,000 in April 2023. The buyer recognized exactly what Aaron had positioned from the start: this was not just a piece of land, but a foundation for a multi-unit income property in one of Coral Harbour's most desirable gated communities.

This transaction reflects something central to Aaron's approach: the ability to see and communicate the investment dimension of a property, not just its physical characteristics. Whether the asset is a waterfront estate or a triplex-zoned lot in a gated community, the discipline is the same — understand what makes the property valuable, find the buyer who sees that value, and execute a clean transaction. If you are looking at land in The Bahamas through an investment lens, Aaron brings the perspective and market knowledge to match.