Development Opportunity: 50′ x 85′ Residential Lot in King’s Park, Belize City

Located just off well-travelled 6th Street sits this Development Opportunity for Sale in King’s Park. King’s Park is quickly developing into a major hub for Belize City as more businesses are shifting towards the northside. King’s Park is the home to Belize’s main hospital, Karl Heusner Memorial Hospital, Belize Medical Associates (private hospital), St. John’s College (secondary and tertiary level education), the municipal airstrip, many schools (primary & secondary) and much more. This is creating a high demand for rentals (mainly residential apartments) as more students, nurses, doctors and teachers are in need of convenient units nearby.

Property measures 50 ft. x 85 ft. offering ample space for a single family home, apartment building or mix-use development. The lot is 10 ft. deeper than the average lot size in the area making it suitable for much needed and valued parking to its future owner / tenants.

King’s Park truly offers every service one would need including supermarkets, restaurants, legal offices, parks and more. Investors have noticed the value of King’s Park and have been quietly acquiring and developing to maximize a growing demand – everyone is seeing the newer, modern buildings popping up.

*NOTE* The property has a two-storey structure we have classified as a major fixer-upper comprising of two apartments. An investor can opt to keep / renovate said structure or tear down. All this has been factored into the asking price making this property a deal.

Make your offer today.