Bahamas Development Bank Bid Process

Bahamas Development Bank Bid Process The public is invited to submit Sealed bids marked Tender to Bahamas Development Bank, P.O. Box N-3034, Nassau, Bahamas, Attention Financial Controller, faxed bids will be accepted or telephone 702-5724 for additional information. Please note that all bids on the aforementioned items should be received by or on noted Day, Date. The Bahamas Development Bank reserves the right to reject any or all offers. All assets are sold as is. NASSAU, BAHAMAS Property Description: Lot #1390 (50 x100 ) w/hse (1,085 sq. Ft.) Location: Breadfruit St. Pinewood Gardens Directions: Traveling south on East St. turn onto Pinewood Drive. Continue to Willow Tree Ave. Take a left onto Willow Tree Ave. Take the 2nd left onto Breadfruit St. Property with house is the 2nd on the left (white). Appraised Value: $110,000.00 1

Property Description: Lots#3 & #4 Blk #47 w/duplex & retail shop 50 x100 Directions: Traveling East on Soldier Rd take a right onto Taylor St then a left onto Alexandria Blvd, then take the second right onto Forbes St. property & building is about the third on your left (blue & white). Appraised Value: $120,000.00 Property Description: Lot #260 (60 x100 ) with house (3,305sq. Ft.) Location: Turtle Drive, Bel Air Estate Directions: Traveling west on Carmichael Rd turn left onto Turtle Dr. Property is 3rd lot with house on the right (tan & brown). Appraised Value: $280,000.00 2

Property Description: Lot #5 & #6 (150 x100 ) w/hse Location: Silver Palm Ln Imperial Park Seabreeze Est. Directions: Traveling east on Prince Charles Dr. take a right onto Golf Course Blvd. Continue until you enter Imperial Park Est. Take a right onto Silver Palm Blvd. Take 3rd right onto Silver Palm Dr. House is the 4th on the right (white with red roof). Appraised Value: $313,650.00 Property Description: Lot #214 (50 x100 ) w/hse & upholstery shop. Location: Roosevelt Ave Directions: Take Wulff Rd to Jerome Ave, Take the second corner on the right Roosevelt Ave. House with upholstery shop is located on the left. Appraised Value: $137,000.00 3

Property Description: Lot #14, Blk #14 (43,150sq. Ft.) w/incomplete building (5,000sq. Ft) Location: Winton Heights Subdivision Lookout Hill Directions: Traveling east on Prince Charles Dr. turn left onto Sassoon Drive. Take the 3rd right (Lookout Hill) Property with incomplete three storey house is located at the top of the hill, on the left. Appraised Value: $750,000.00 Property Description: Vacant lot #295 (5,000 sq. Ft) Location: Sapodilla Boulevard, Pinewood Gardens Directions: Traveling south on East Street turn left onto Sapodilla Blvd. Continue pass Thatch Palm Ave, 14th vacant lot on left (just before yellow trim green house). Appraised Value: $60,000.00 4

Property Description: Lot #52 (4,000 sq. ft.) w/hse (845 sq. ft.) Location: Water St Big Pond Subdivision Directions: Enter Tucker Rd from Thompson Blvd, take the 1st right onto Water St. The property is the last house on the right (white & green) corner dead end. Appraised Value: $73,000.00 5

Property Description: Lot #18 (50 x100 ) with house (1,155 sq. Ft.) Blk #16 Location: Shirley Heights Sub, Talbot Street East Directions: Take Wulff Rd to Mt. Royal. On Mt. Royal take the 10th corner on the right (Talbot Street) Property is the 3rd lot with house on the left (white trimmed aqua). Appraised Value: $166,938.00 Property Description: Lot (3,933 sq. Ft.) w/building (1,428 sq. ft.) Location: Sutton Street & St. Beds Ln off Kemp Road Directions: Take Shirley St to Kemp Rd. Heading south take the 1st corner on the left (Sutton St). Take the 1st left, Evans Ln. Property with building is located at Evans Ln & Sutton St. Appraised Value: $100,000.00 6

Property Description: Lots #29 & #30, (50 x100 ), Blk #47 with buildings 1,850 sq. ft Location: Matthew St, Nassau Village Directions: Traveling east on Soldier Rd, take a right onto Taylor Street. Turn left onto Alexandria Blvd. Take the 3rd right onto Matthew St. Property is 3rd lot on the right. Appraised Value: $145,000.00 Property Description: Lot 50 x100 with building (1,912 sq. ft.) Location: Deveaux Street Directions: Traveling north on East St turn left onto Deveaux Street. Continue 500 ft., property is a lot with white building on the right (Bargain City). Appraised Value: $189,000.00 7

GRAND BAHAMA, BAHAMAS Property Description: Lot 439, Section 2, 7,276 sq. ft. single family lot. Location: Hudson Estate, Mandeville Road Direction: Traveling north on Coral Road, turn left onto Nansen Avenue. Turn right onto Mandeville Road. Property is 3rd lot on the right. Appraised Value: 20,000.00 Property Description: 3 acres with 7 room Bonefishing lodge. Location: High Rock Settlement Directions: take left onto Grand Bahama Highway after existing Casaurina Drive. Take right at High Rock Police station. Turn right at junction. Property is located straight ahead. Blue and white Appraised Value: $600,000.00 8

Property Description: Vacant lot #110 Section #1 (12,500sq. Ft.) Location: Bonefish St & Polaris Dr, Caravel Beach Grand Bahama Directions: Traveling south on South Mall Dr., turn left onto Bonefish Street. Property is the last lot on the left. Appraised Value: $40,000.00 Property Description: Lot #1, Block #6, Unit #3, Bell Channel, Lucaya, GBI, 40 room Motel Victoria Inn. Location: Midshipman and Bell Channel Road Directions: traveling west on East Sunrise Highway take right onto Seahorse Road at circle. Turn left off circle onto Midshipman Road. Take second corner on the right. Building is located 1st structure on the left Appraised Value: $1,600,000.00 9

Property Description: Lot 339, Section C, 6,875 sq. ft. single family lot Location: Hudson Estate, Melbourne Crescent Direction: Traveling north on Coral Road, turn left onto East Explorer s Way. Turn left onto Melbourne Crest. Continue around the curve, property is on the left. Appraised Value: $16,000.00 Property Description: Lot #28, Block #2, vacant land Location: Bahama Shores, Subdivision Bootle Bay, West End Directions: Appraised Value: $25,000.00 10

Property Description: Lot #15, Blk #15 Unit #3 (90'x125') Location: Derby Subdivision Freeport Grand Bahama Directions: Traveling east on East Sunrise Highway, turn left onto Casuarina Dr. Take a left onto Dagenham Dr. Turn left onto Henny Ave. Turn left onto Henny St. Property is 2nd lot on left. Appraised Value: $23,000.00 Property Description: Lot #23, Block 15, Unit 5, 11,250 sq. ft. Location: Lincoln Green Directions: Traveling east on Grand Bahama Highway, turn right onto Churchill Drive. Take 3rd left (Moor Avenue) Take first right (Moor Drive). Continue to last cul-de-sac on the left, go around the curve. Property is 3rd lot after curve. Appraise Value: $80,000.00 11

Property Description: Lot #489, Section 2B Location: Grand Bahama East Sub. Directions: Traveling west on Queen s Highway (E.M.R), turn right at the 1st Section C sign (Wadman Rd.) Continue until the junction. Take a left at the junction for a view of the property. (No access). Appraised Value: $5,000.00 Property Description: Lot #37 (50'x150') with six-plex 2-storey apartment building (5,400sq. Ft.) with Church Location: Cemetery Road, Kings Subdivision, Eight Mile Rock Directions: Traveling west on Queen s Highway (E.M.R) take the 6th left. Property is 5th structure on the right. Appraised Value: $211,200.00 12

Property Description: TRLP-Lot #25, Block # 15 Location: Shannon Dr& Cutwater Ln Shannon Country Club Sub Grand Bahama Directions: Traveling east on East Sunrise Highway, turn right onto Fortune Bay Dr. Turn left onto Shannon Dr. Turn right on Cutwater Lane, property is 1st lot on the right. Appraised Value: $38,000.00 Property Description: Vacant lot #13, Blk #59, Unit #3 (22,752sq. Ft.) with 45' canal front Location: Dagenham Circle &Ingrave Dr, Emerald Bay Sub Grand Bahama Direction: Traveling east on East Sunrise Highway, turn left onto Casurina Dr. Turn left onto Ingrave Dr. Turn left on Dagenham Circle. Property is the, 2nd lot on curve. Appraised Value: $110,000.00 13

Property Description: Vacant lot #8 Blk #12 Unit #3 (11,250sq. Ft.) Location: Henny Ave Derby Sub Freeport Grand Bahama Directions: Traveling east on East Sunrise Highway, turn left onto Casuarina Dr. Turn left onto Dagenham Dr. Take a left onto Henny Avenue. Property is the 4th lot on right after the easement. Appraised Value: $65,000.00 Property Description: Lot #3 (16,079sq. Ft.) w/house, Blk #6, Unit #2 on canal Location: Derby Subdivision Grand Bahama Directions: Traveling east on East Sunrise Highway, turn left onto Casuarina Dr. Turn left onto Lindsell Place. Take the 1st right (Lindsell Dr). Property is 3rd lot on left after Lindsell Rd. Appraised Value: $350,000.00 14

Property Description: 2.48 acres, Tract 42, dwelling Commercial Complex Location: Hanna Hill, Eight Mile Rock Direction: Traveling west on Queen s Highway (E.M.R) property is the 4th building on the left after the Welcome to Sea Grape sign. Appraised Value: $420,000.00 Property Description: Lot 547 & 548, Section 2C, 10,000 sq. ft. (each), Single Family Zoning Location: Bahama East Subdivision, Glearkin Street Direction: Traveling west on Queen s Highway (E.M.R) turn right at the 1st Section C sign onto Wadman Road. Take the 2nd right (Barnett Ave.) Take the 3rd left onto Glearkin St. Properties are the 9th and 10th lots on the right. Appraised Value: $11,000 (Both) 15

Property Description: Lot 56, Block 1, Section 1, 13,499 sq. ft. Location: Bahamas Terrace, Spanish Cay (On Canal) Direction: Traveling south on the Mall Dr., turn left onto Lunar Blvd. Take a right onto Spanish Cay. Property is the 2nd lot on the right. Appraised Value: $85,000.00 Property Description: Lot #21, Block #34, Section #B, 15,400 sq. ft. Single Family Zoning Location: Royal Bahamia Estate Direction: Traveling east on East Sunrise Highway, turn right onto Beachway Dr. Take a left onto Bahama Reef Blvd. Take the 2nd left onto Malaya Dr. Take 2nd right onto Antigua Lane. Property is the 1st lot on the left. Appraised Value: $64,800.00 16

Property Description: Lot 9, 4,830 sq. ft., Single Family Dwelling Location: Eight Mile Rock, Pine dale Subdivision Direction: Travelling west on Queen s Highway (E.M.R) turn right at the Professional Massage sign, directly opposite The Friendship Shopping Centre. Take the 1st left. Take the 1st right. Property is the 2nd lot on the left. Appraised Value: $85,000.00 Property Description: Lot 8, Blk 7, 3-Bed, 2-Bath, Single-Family Zoning Location: Montrose Lane, Bahamia West Replat Subdivision Direction: Traveling west on Sunrise Highway turn left onto Yorkshire Drive. Turn right onto Montrose Drive. Turn right on Montrose Lane. Property is 2nd lot after curve. Appraised Value: $180,000.00 17

Property Description: Lot 19, Block 9, Multi-Family zoning, 0.42 acres Location: Windermere Subdivision Direction: Traveling east on Sunrise Highway, turn left onto Casuarina Drive. Continue pass the 2nd circle. Turn right onto Coral Dr. Take a left onto Perimeter Parkway. Take a left onto Windermere Drive. Take a left onto London Berry Lane. Take a right onto Winchester Lane. Property is the 7th lot on the right. Appraised Value: $45,000.00 Property Description: Lot #59 (17,276sq. Ft.) with an incomplete four-plex Section #1 Location: Amberjack St & Polaris Dr Caravel Beach Grand Bahama Directions: Traveling east on East Sunrise Highway, turn right onto East Beach Dr., follow curve. Property is the 2nd lot after curve on the right hand side with partially completed structure. Appraised Value: $74,970.00 18

Property Description: Lot # 3, Block B, 7,500 sq. ft., with building. Zoned commercial. Location: Civic Industrial Area Directions: Traveling north on East Mall Drive, take left onto Queens Highway, property located 3rd lot on right side. Appraised Value: $240,000.00 Property Description: Lot #2 (20,000sq. Ft.) with Building Complex & Coin Laundromat Location: Queens Highway Holmes Rock Commonage Grand Bahama Direction: Traveling west on Queen s Highway (E.M.R) continue to the end of the Holmes Rock Commonage. The property is the PC Plaza (look for PC Cleaners & Pure Springs sign on the left). Appraised Value: $178,600.00 19

Property Description: Residential & Commercial zoning, 4.999 acres Location: High Rock Settlement Direction: Traveling east on Grand Bahama Highway, take the 1st right before the High Rock Police Station. Continue to the junction. Take a right at the junction. Continue towards the dead end. Property is on the right before the dead end. Appraised Value: $1,100,000.00 Property Description: Lot #4, Block # 5, single family vacant land. Location: Royal Bahamia Estates Section B. Directions: Traveling east on East Sunrise Highway, take right onto Ascension Drive, left onto Tasmania Road and right onto Madeira Drive. Property is the 4th lot on the right Appraised Value: 18,000.00 20

Property Description: Lot #16, Block #1 Bahamia West Replat, 10,000 sq. ft. Location: South Bahamia Directions: Traveling west on West Sunrise Highway turn left onto Yorkshire Drive. Take first left onto Bahama Drive. Lot is located 9th lot from cul-de-sac on left side of road Appraised Value: $18,000.00 Property Description: Lot #16, Block #7, Unit #2, 40,000 sq. ft. multifamily, vacant land Location: Fortune Point Directions: Traveling east on East Sunrise Highway, turn left onto Seahorse Road (at circle) take left onto Midshipman Road, turn left onto Bronze Drive, right onto Bronze lane, property is located 2nd lot on right. Appraised Value: $150,000.00. 21

SVSG Property Description: Lot 489, Section 2B 10,000 sq. ft. single family, vacant land. Location: Grand Bahama East Subdivision, North of Holmes Rock. Directions: Traveling west on Queen s Highway (E.M.R), turn right at the first Section C sign (Wadman Rd.) proceed to the junction. Left at the junction is the view of the property. (No access) Appraised Value: $3,500.00 Property Description: Lot #1 & 19, Block B vacant land Location: Bahama Shores, Subdivision Bootle Bay, West End Directions: Appraised Value: $25,000.00 22

ABACO Property Description: 1 aces property with building Location: Treasure Cay, Great Abaco Directions: Traveling π mile north of the Green Turtle Cay Ferry Dock road, on the east side of S.C. Bootle Highway on the old Treasure Cay Airport Appraised Value: $310,000.00 Property Description: Lot #55, 22,000 sq. ft. property with house Location: Murphy Town Directions: Traveling through Marsha Harbour to the light by Commonwealth Bank. Turn left at light on Queen Elizabeth Drive continue to Bay Street heading North on to Murphy Blvd. Take Granville Palace to the end of the street last house on left side of road. Appraised Value: $68,000.00 23

Property Description: Lot #45 (60 x160 ) with 3,900 sq. ft. building. Location: Sandy Point, Abaco Directions: Take Earnest Dean Highway South to Sandy Point. Upon entering Sandy Point, continue around the curve. Turn left onto West Bay St. (at the government dock entrance). Property is the blue and white 2 storey building on the right. Appraised Value: $485,700.00 Property Description: Lots #143 & 11A on the Beach. 10 room lodge, restaurant & bar. Location: Sandy Point, Abaco. Directions: Traveling south from the Abaco Airport take the Great Abaco Highway to Sandy Point. Property is the yellow2 story building on the left at the end of the Highway. Appraised Value: $600,000.00 24

Property Description: Lot #51 w/building 15,600 sq. ft. Location: Murphy Town, Abaco Directions: Traveling north on Don McKay Blvd, turn left at Crocket Dr. (corner of K & S gas station). Continue to the 4 way intersection, turn right. Continue to the next major intersection (corner of Ambassador Inn), turn left. Continue to Zion Baptist, take a right. Property is on the left hand side of the hill. Appraised Value: $102,420.00 Property Description: 87,120 sq. ft. concrete building with 4 cottages, 784 sq. ft. each. Property Location: Treasure Cay, Abaco Directions: The property is situated at Sandy Banks at the mouth of the Treasure Cay Creek. It is a portion of the original Crown Grant. Appraised value: $880,380.00 25

ANDROS Property Description: Lot 150 x600 with building 2,400sq. Ft. consisting of ten (10) guest rooms. Property Location: Berhing Point, Central Andros Appraised Value: $444,000.00 Property Description: Bone fishing lodge with guest houses andrestaurant. Property Location: Derby Bone Fish Lodge, Mangrove Cay, Andros Directions: Take a left at Mangrove Cay Airport onto Queen s Highway. Continue north to Little Harbour. Take a left at the T-junction. Property is on the right side. Appraised Value: $800,000.00 26

Property Description: 10.08 acres of land with 6 small cottages with enclosed patios, boating dock and swimming pool. (Fishing lodge/small motel) Property Location: The Bang Bang Club, Pot Cay, Central Andros. Directions: Property is located on the northwestern point of Pot Cay, 9 miles west of Cargill Creek in the Central Andros District. Appraised Value: $901,116.00 Property Description: Vacant property, Lt. 2 parcel C approximately 30,613 sq. ft. Property Location: Swain s Point, Mangrove Cay, Andros Directions: Travel 2 1/2 miles south of Middle Bight to Swain s Point. Turn left off the main public highway. Property is on the left, east of the Sandy Beach. Appraised Value: $125,000.00 27

EXUMA Property Description: Vacant Lot #8 (65,200sq ft.) Property Location: Moss Town, Exuma Directions: Travel 5 1/2 miles Southwest of George Town to the settlement of Moss Town. In Moss Town, travel 3,500 ft eastwards of Paradise road to the Hermitage Estates. Property is located in quadrant next to Bueno Vista Estate. Appraised Value: $110,188.00 Property Description: Lot #10 30,400 sq ft. small resort including 2 guest houses, and a restaurant/bar. Property Location: The Club Lashante Resort Complex, Forbes Hill, Little Exuma. Directions: From the ferry bridge that connects Great Exuma with Little Exuma, travel 2 miles southeast. The property is on the north side of Queen s Highway. Access is via a dirt road located 150 ft off the highway. Appraise Value: $1,400,000. 28

ELEUTHERA Property Description: Portion of Lot #7 (50'x110') Location: 1,208 ft. outside of the settlement of James Cistern, Eleuthera Property Location: James Cistern, Eleuthera Directions: Property is situated 1,208ft outside of the settlement of James Cistern. Appraised Value: $18,000.00 Property Description: Lot B 13,729 sq. ft. Harbour Island, Eleuthera Location: East Colebrooke Street Appraised Value: $275,000.00 29

Property Description: 12 Guest Rooms each with a bath, Restaurant/Bar/ Front Desk/Kitchen/Hotel, 10,864 sq. ft. Resort Development Location: SeaShell Inn Harbour Island Eleuthera Directions: Take the main road from the ferry dock. Continue over the hill, to the Sea Shell Inn. Appraised Value: $1,200,000.00 Property Description: Lot #22 Skull District, 11.659 sq. ft. single family vacant land, North Palmetto Point, Eleuthera. Appraised Value: $9,000.00 All Bids are to be addressed to the Attention: Financial Controller and Marked Tender. For additional information telephone 702-5700. 30