La Retraite Multi Unit Property

Set in the increasingly popular community of La Retraite / Bonne Terre, this multi-unit property offers a compelling mix of immediate rental income and long term growth potential. Just minutes from Rodney Bay, with dual access via Monchy Road and the main highway, the location provides easy reach to nearby schools, businesses, and everyday amenities.

Built in 2023, the property comprises three self contained units, an unfurnished 3 bedroom, 2 bathroom upper level residence spanning 1,800 square feet, an unfurnished 2 bedroom, 1 bathroom apartment at 766 square feet with dual voltage wiring, and a fully furnished 300 square foot studio, also dual voltage. The layout offers flexibility for both investors and owner-occupiers, whether living in the main residence while renting the lower units or leasing all three for maximum return. There is also additional space on the property to add further units, offering room to expand the income potential even further.

Additional features include a concrete paved yard and walkways, a perimeter block wall with gated entry, solar panels and a solar water heater, water tanks, a septic system, and a 241 square foot enclosed storage unit.

Bonne Terre continues to see steady demand and stable land values, with strong appeal among middle income investors and professionals thanks to its proximity to schools, churches, and commercial hubs, along with reliable access to transport routes. Properties in this area rarely stay on the market long. Currently tenant occupied and generating $2,600 USD monthly with room to grow, this is a rare opportunity to invest in one of Saint Lucia's most sought after residential neighborhoods.