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island

July 2011

FREE

property The place to find homes for sale and rent.

Available free each month from news stands and real estate agents islandwide.

Keeping Real Estate Personal

NEWS

Burgess Point

Burgess Point is a truly a property not to be missed. Nestled next to the Riddell’s Bay golf course, with over 400’ of waterfront and the most spectacular pool house ever, it has everything you could want to live the Bermuda dream! The original designers of this house must have loved a good party! The living room and dining room will each easily seat 14. The pool house can accommodate a couple of dozen of your friends! There is not a single undersized room in the whole house. The main house has a large kitchen plus pantry, cozy wood paneled library, huge formal dining room, living room, sun room, entrance hall and powder room and the extremely spacious

master suite all on the main entry level. The master suite includes two bathroom areas and a private dressing room. There are four additional bedrooms on the lower floor. One of these is a huge suite that could equally well serve as a lounge or play room. The pool house is centered on the huge games room - with a fireplace and open beamed ceiling - and the adjoining cedar bar. All of this opens to the pool terrace and a large covered patio. Inside the pool house you will find an additional bedroom and bath, two changing rooms and a kitchen. The dock angles at the midpoint to shelter a berth for your boat and for a small manmade beach. The Riddell’s Bay golf course is literally next door! (The garage will fit a golf cart along with your car.) Built in the 1950’s, the house is in good condition, so whatever updating a 21st century buyer may wish to do will be based on a sound structure already featuring superb spaces. Live the dream!!! Asking price: $7,000,000. Call Cris Dapena, sole listing agent, at The Property Group.

A very pleasant surprise awaits you...

Queens Cove, Fairylands, Pembroke Waterfront spacious ground floor end-unit apartment with water views from every window! Comprising: enclosed lanai, enormous living/dining room with fireplace, deep covered terrace over-looking mature gardens and picturesque Mills Creek, kitchen, master bedroom with bathroom en suite, guest bedroom, guest bathroom, den/3rd bedroom. Amenities include: private berths/dock, small private sandy beach, under-cover parking bay, storage locker. Superb investment opportunity and ideal for executive rental or elegant living for those considering retirement. Renovations required reflected in extremely realistic asking price!

$895,000.00

Representing Bermuda’s finest properties Beth Gosling - Sales: Cell: (441) 335 3588 Sue Lusher - Sales: Cell: (441) 333 9138 Liz Lusher - Sales: Cell: (441) 334 8104 Diana Martin - Sales and Rentals: Cell: (441) 337 0226

Sales • Rentals • Property Management • Insurance 89 Harbour Road, Warwick PG 01, Bermuda Tel: (441) 236 5120 • Fax: (441) 236 7409 • Email: info@joylusher.com

www.joylusher.com

Fairylands family home

This exquisite three bedroom townhome is elegant, spacious, luxurious, beautifully finished, AND the water views are truly dramatic! AVAILABLE TO OVERSEAS PURCHASERS Contact the sole agent, Elaine Darling: 441-236-0389, edarling@northrock.bm

Duck’s Nest is a charming and well maintained Bermuda cottage, set in pleasant grounds close to Hamilton. There are good sized rooms for entertaining. The spacious and sunny kitchen would be a pleasure to work in and opens onto a large pool-side deck. There is also a separate one bedroom cottage with private entry. Asking $2,600,000 Please contact the sole agent Brittany 441-505-1466, Brittany@cwbda.bm

T (441) 234-6900 F (441) 234-6892 info@property-group.com www.property-group.com


island

HOW TO MAKE SURE THE YOUR HOME SELLS AT THE RIGHT PRICE

property NEWS

Real Estate Index Bermuda Longtail Real Estate. . . Pg 6 Coldwell Banker. . . . . . . . . . . . . Pg 3 Joy Lusher Real Estate. . Pg 1, 6 & 11 Kitson Real Estate . . . . . . . . . . . Pg 7 Mark Orchard Real Estate. . . . . . Pg 4 Rego Sotheby’s.. . . . . . . . . . . . . Pg 3 Roderick DeCouto Real Estate. . . Pg 4 Sinclair Realty.. . . . . . . . . . . . . . Pg 9

By Miranda Fountain, Sales Representative Coldwell Banker Bermuda Realty Establishing a reasonable listing price for a home is perhaps the biggest challenge for every home seller. Before coming to a final figure, many sellers ask themselves: “That home down the block went for a lot; can I just price my home in the same ballpark?” In Bermuda, it is not as Miranda Fountain easy to have like-forlike comparisons although there are a few condo developments that can be used. Choose the right Sales agent:

Related Services

While many people use a friend or relative’s referral to select a sales agent, it is best to interview a few prospective agents. Invite selected sales agents to show their listings presentations. Pay attention to how they plan to market the home and find out the reach of their company’s Web site.

BF&M. . . . . . . . . . . . . . . . . . . Pg 12

Do The Homework:

The Property Group. . . . . . . . . . . Pg 1 Tuckers Point Club. . . . . . . . . . . Pg 5

Island Glass. . . . . . . . . . . . . . . . Pg 1 Solar Bermuda Ltd. . . . . . . . . . . Pg 4 Editorials. . . . . . . . . . . . Pg 1, 2, & 3 Realtor Listing. . . . . . . . . . . . . . Pg 8 Rentals . . . . . . . . . . . . . . . . . . Pg 10

Ask a sales agent for a written comparative market analysis (CMA). This will provide a list of recent sales prices of similar homes on the Island (with comparable numbers of bedrooms, baths, square-footage and lot size), the asking prices of homes currently for sale and other important information. Then a sales agent will provide a professional estimation of a legitimate selling price.

GREEN Green living LIVING Island Property News is published by Property News Limited P.O. Box 3315, Hamilton HMPX

Contact: Jennifer Ward Tel: (441) 236-2025 ext.221 Fax: (441) 236-4132 Email: info@emedia.bm Publishers: Tricia Lines Hill and Diana Heslop Circulation: 5,000 Production by: emedia Bermuda Limited Printed by: Island Press Ltd. Space Deadline: 18th of the month prior to publication

Artwork Deadline: 20th of the month prior to publication

While the seller likely has great affection for the home, the sales agent will not set the price based on the seller’s emotion. Instead, they will evaluate the location, condition and size of the home. A house in a secluded, exclusive area may appeal to some, while others will want to be closer to schools, shopping and health care facilities. What is the physical condition of the home? Is it a fixer-upper? Does it make a good first impression (the ever important curb appeal)? Will it appeal to a growing family, or is it better suited to empty nesters? Determine If It Is a Buyers/Sellers Market: Home inventory, mortgage interest rates and the economy play a role in determining whether the buyer or seller has a negotiating advantage. Interest rates remain at historically low levels even as the economy shows signs of improving, putting buyers in a good position to shoulder “good” debt of homeownership. Do the Math.: Do not forget to figure in closing costs, legal fees and stamp duty when determining the selling price. The sales agent should be able to provide cost estimates, and negotiate with a potential buyer to ensure a good sale price. Give It the Once Over: There is one more step to ensure that the house sells as close to your price as possible. Do as much as possible to improve the home’s appearance: touch up the paint, fix leaks, seal any cracks, clean up the clutter, and eliminate pet odours. The house has only one chance to make a first impression.

Solar Pool Systems: Clean Water, Clean Air... for FREE By Andrew Davis – Project Manager, Solar Bermuda Ltd.

The backyard pool is a luxury for many households in Bermuda and is one that can easily add upwards of $1,200 - $1,500 annually to your electricity bill. But does it need to? What if you could power your pool pump system for free?! Well you can. With an initial investment of $7,000 - $9,000, from the moment you turn the pool pump on, the savings begin. You could net $960 - $1,560 annually (or $80 - $130 per month) and it starts immediately! The life span of the pump itself is 10 – 12years and the solar panels 20 – 25 years. So over the course of 25 years, you are looking at a 350% – 400% rate of return. So when does the ‘free happen’? Based on the amount of money you will be saving each year on electricity, your pool pump will have paid for itself within 5 - 6 years. At that time and for the next 15 years or so, you will not only be running the pool pump for FREE, but you are actually putting money directly back into your pockets based on the continued long-term savings on electricity. And of course there are many other benefits as well. The pool systems provided by Solar Bermuda Ltd. are internationally recognised for their quality and reliability. Each pump and controller comes with a 5-year comprehensive warranty (with no strings attached). The overall maintenance requirements for

2 w Island Property News • July 2011

Take the Emotion Out of It:

the systems are quite low. The use of solar energy to power your pool pump system will provide you with clear water and clean air while at the same time decreasing the pollution of emissions that occur from powering appliances through traditional electricity. And let’s not forget about the fact that they are also quiet to run. So there will be no running noises to disturb you while you are enjoying time with family and friends poolside. In terms of installation, your project will be managed and installed by an NABCEP certified solar PV installer. This professional designation is recognised to be the most rigorous, respected and well-established certification qualification for renewable energy professionals. So in addition to the fact that Solar Bermuda is well-experienced in installing solar pool systems, you can be confident that your installation will be performed to the highest standards in the international solar industry. If you currently own a pool or are considering putting in a pool on your property, it’s time for you to grab a hold of the opportunity of partnering with Solar Bermuda Ltd. and get their assistance with both saving you money AND stabilising our Island’s future through the use of renewable energy. It’s an opportunity that many homeowners in Bermuda have already taken advantage of.

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Coldwell Banker Bermuda Realty #11 Par-la-Ville Road, Hamilton Tel: 441-292-1793 • Fax: 441-292-7918 www.bermudarealty.com

BERMUDA REALTY

PAGET ESTATE Option A: A unique opportunity to own 5 units in 3 buildings in a well established Paget neighbourhood that is close to the beaches, shopping, public transportation and more. The main 3 bedroom house has been immaculately maintained and has a lower studio apartment. There’s a stand alone, two bedroom cottage and also a one bedroom cottage with a lower studio apartment. This could be the ideal property for family members that may be looking to purchase something together and at the same time have their own stand alone cottages with yard space. The extra income from the studios is a nice bonus to go towards paying off the mortgage. Sole #6485. Price: $1,825,000. Option B: The main three bedroom house and studio is being offered separately on approximatelty 0.13acre. Subject to subdivision approval. There’s a large storage area under the house, in addition to a detached workshop. Sole listing: 6481. Price: $900,000. The two cute Bermuda cottages are being offered combined on 0.25 of an acre. Great potential to buy with a family member or to acquire for investment purposes. Sole # 6482. Price: $1,200,000. Reggie Fleming Listing Agent rfleming@brcl.bm 247-1810

Matthew Ringer Listing Agent mringer@brcl.bm 247-1817

Each office is independently Owned and Operated. Coldwell Banker Bermuda Realty is a Trade Name of Bermuda Realty Company Limited.

People on the move

JULY 2011

Rego Sotheby’s International Realty welcomes Zakkiyah Daniels as our newest Sales Associate.

Immaculate – Stylish– Contemporary

Combining her legal and business expertise as an attorney and entrepreneur enables Zakkiyah to deliver exceptional service to her buyers and sellers. Combining these attributes with a strong work ethic and passion for real estate, Zakkiyah’s goal always is to respond to the specific needs of clients and deliver the highest quality market expertise and results. Before joining the Rego Sotheby’s International Realty team, Zakkiyah worked as Crown Counsel for the Attorney-General’s Chambers. She received her Graduate Diploma of Law and the Bar Vocational certification from BPP Law School in London, England in 2005. Prior to returning to Bermuda, Zakkiyah trained with the legal department of HSBC in Birmingham, England. Zakkiyah was admitted to the Bermuda Bar in July 2007. For an exceptional real estate experience, Zakkiyah can be reached at 299-1408 or zdaniels@regosir.com.

www.islandpropertynews.com

Smiths location with ocean views

 

Dramatic interior architecture



3 Spacious bedrooms & stunning bathrooms



Impressive areas for entertaining



Secluded pool



Additional executive apartment



Offered at $2,600,000

Sharon Cranfield 305-8074

scranfield@regosir.com

regosothebysrealty.com 441.292.3921 Each office is independently owned & operated.

Island Property News • July 2011 w 3


MORE Mark Orchard Real Estate

31 & 33 CHURCH STREET

FOR SALE REID HOUSE 31 CHURCH STREET Vacant office building 28,291 SF on 6 stories

VACANT LOT CHURCH STREET Lot excavated below street level 7,400 SF of lot area

“Gutted” for redevelopment

Suitable for offices, retail or residential development

Dramatic City of Hamilton views

Prime street frontage

Combined site recently approved for 74,000SF commercial development. Properties may be purchased separately or as a combined redevelopment opportunity.

Contact Mark Orchard 441.524.6905 mark@MORE.bm www.MORE.bm Information provided is believed to be accurate and is provided without warranty of any kind and is subject to errors and must be verified.

Fabulous Views

WHAT DOES SOLAR MEAN TO YOU?

IMMACULATE “TURN-KEY” GEM OF A HOME! 3 bedrooms 2 bathrooms Spacious living room with fireplace, Dining room, Modern kitchen, Garage

$1,495,000.00 SOLE LISTING AGENT

Henry Tavares Cell: 536-1948

It means clear water and clean air. Your pool pump is your home’s second-largest energy consumer. Costing up to $130 per month to operate, it creates tons of pollution every year. A Solar Bermuda pool pump solution provides clean, quiet, green power with cost-efficient, solar-powered pool pumps. Our long-lasting environmentally friendly solar panels and pumps circulate pool water from sun up to sun down for FREE, saving you money every month and saving the environment every day. For more information on how we can make it easy for you, email info@solarbermuda.com

P.O. Box HM2184 Hamilton HM JX - WWW.DECOUTORE.COM

TELEPHONE: (441) 292-4990

4 w Island Property News • July 2011

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Island Property News • July 2011 w 5


Fixer Upper Home with Income Apartment and PRICED BELOW APPRAISED VALUE! Located on Dudley Hill, Paget is this great starter home. Needs plumbing, electrical, doors, windows, floors.. make this your project of love.. Living/dining combination, kitchen, three bedrooms, one bathroom. Lower large studio apartment.

Charming Bermuda Cottage nestled on a tranquil lane in Somerset. Needs work as it’s a fixer upper. Living room, dining room, kitchen, three bedrooms, one bathroom and a large yard for expansion. Near the Railway Trail for a brisk walk or run.

Price: $770,000

Spacious 3 bedroom home with income apartment located in a great neighborhood. Comprises sunken living room with fireplace, dining room, and renovated kitchen. Three spacious bedrooms with full bathroom. Spacious studio apartment. Lovely surrounding garden and distant ocean views.

Price: $1,100,000

Price: $695,000

Move in condition & priced below appraised value! Located near Spanish Point ...so close to the City of Hamilton. Lovely ocean views, meticulous gardens, trees and floral beds surrounding this spacious home. A Bermuda Moongate shall grace you before entering the spacious living room, separate dining room and galley style kitchen. Office, laundry, five bedrooms, three bathrooms and mudroom. Ideal for a growing family, possibly senior rest home, children day care or commercial property (pending change of use). Vendor will consider some financing options to the qualified buyer.

Price: $1,200,000 Spice Villa Horse Centre is conveniently located off of Middle Road, Warwick is potential for a great Horse Business. Several buildings on site of which are yielding some impressive rents; (some rented as warehouse space), tack shop, dog grooming business, craft business, landscaping business and a few private rentals. Pony barn with 12 stalls, riding ring (night lights for the ring).

Price: $1,550,000 Cesa 300-2768

Ann 532-6212

Jutkita 505-6590

Kelly 534-8808

Michelle 535-1609

Sheryce 533-1996

Vivienne 505-2023

Office: (441) 232-2769 Fax: (441) 232-2770 Email: aaac@logic.bm

...where your dreams take flight

www.bermudalongtailrealestate.com Representing Bermuda’s finest properties Keeping Real Estate Personal

Sue Lusher - Sales: Cell: (441) 333 9138 • Email: sue@joylusher.com Beth Gosling - Sales: Cell: (441) 335 3588 • Email: beth@transact.bm Liz Lusher - Sales: Cell: (441) 334 8104 • Email: elusher@logic.bm Diana Martin - Sales and Rentals: Cell: 441-337-0226 • Email: diana@joylusher.com

HARBOUR DRIVE, TUCKERS POINT, TUCKERS TOWN Gracious, elegant and luxurious ground floor condominium at Tuckers Point. Brand new and beautifully appointed, boasting custom fixtures and finishes. Comprising: entrance hall, spacious open-plan kitchen with state of the art appliances and granite counter tops, living/dining room with fireplace, master suite with dressing room and bathroom, 3 guest bedrooms with bathrooms, laundry and storage area. French doors lead onto a deep covered wrap-around verandah overlooking beautiful Tuckers Point golf course and Castle Harbour. Enjoy the many amenities available as a resident member of exclusive Tuckers Point Club.

AVAILABLE TO OVERSEAS PURCHASERS! Very competitively priced!

US$3,450,000.00

DOVEDALE, SOUTHDOWN FARM Unique and beautifully appointed split-level townhouse, artfully designed to enhance flow from inside to very private outdoor areas. Comprising 2 large bedrooms each with bathrooms en suite, large, beautiful custom designed kitchen, spacious living room with fireplace and wide planked pine flooring and a generous, screened sun porch. There are 3 very different outdoor patios with picturesque gardens, thoughtfully landscaped for ambiance and privacy as well as two covered verandahs.

BEST BUY AVAILABLE TO PRC’S AND OVERSEAS PURCHASERS!

$895,000.00 89 Harbour Road, Warwick PG 01, Bermuda • Tel: (441) 236 5120 • Fax: (441) 236 7409 Email: info@joylusher.com • www.joylusher.com • Member of Real Estate Division, Bermuda Chamber of Commerce

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Island Property News • July 2011 w 7


REALTOR LISTINGS Acorn Realty Suite 1414, 48 Par-La-Ville Road Hamilton HM 11 T. 236-4800 • F. 232-4222 E. info@acorn.bm • www.acorn.bm Bermuda Longtail Real Estate Ltd. P.O. Box SB 92 Sandy’s, SBBX T. 232-2769 • F. 232-2770 E. cesa@bermudalongtailrealestate.com www.bermudalongtailrealestate.com Bermuda Universal Realty Ltd. 6 Wesley Street, Hamilton HM 11 T. 295-1546 • F. 295-8734 Boeotia Property Company Ltd. 2 Cut Road, St. George’s GE 04 T. 297-3038 • F. 297-2348 E. boeotia@northrock.bm CapCar Enterprises Ltd. The CapCar Building 5 Burnaby St. Hamilton HM12 T. 295-0754 • 295-1495 E. info@capcar.com • www.capcar.com C.R.E. Properties Ltd. 22 Church Street, Hamilton HM 11 T. 535-5487 • F. 295-8158 E. creprop@ibl.bm www.creproperties.com CareCorp Ltd. 19 Front Street, Hamilton HM 11 T. 292-2432 • F. 292-2175 E. logproperty@northrock.bm Carib Bermuda Realty P.O. Box GE 372, St. George’s T. 735-3471 • F. 297-5873 E. caribbermuda@yahoo.com www.caribbermuda.free.bm Century 21 Bermuda Properties “The Stables”, 91 Reid Street Hamilton HM 19 T. 441-293-2121 F. 441-295-6840 www.century21bda.com Coldwell Banker Bermuda Realty 11 Par-La-Ville Road, Hamilton HM 11 T. 292-1793 • F. 292-7918 E. mail@brcl.bm ww.bermudarealty.com Coral Properties Limited 8 St. James Village, Hamilton FL 04 T. 295-7434 • F. 295-5944 Crisson & Company Ltd. 6 Dundonald St. W, Hamilton T. 295-0826 • F. 295-3221 E. crissonco@crissonrealestate.com www.crissonrealestate.com Dale Young Properties Ltd P.O. Box 770, Warwick WK BX Bermuda T. 441-236-5200 • F. 441-236-5201 E. dyproperties@logic.bm www.dyproperties.bm DeCouto & Dunstan Real Estate Ltd. 15 Parliament St., Hamilton HM12 T. 292-0616 • F. 295-4618 E. barrydc@northrock.bm www.decoutoanddunstan.com

Dunlop Realty Co. Ltd 7 North Shore Road, Devonshire DV 01 T. 295-0734 • F. 295-8266 E. ldunlop@dunloprealty.bm www.dunloprealty.bm

Moura & Associates Real Estate Services Limited 9 Berry Hill Road, Paget DV03 T. 236-0737 • F. 236-0413 E. info@mouraandassociates.com www.mouraandassociates.com

ele Properties #27 Front Street Hamilton HM 11 T. 296-7096 • F. 297-3787 E. info@eleproperties.com www.eleproperties.com

My-Bermuda-House.com Limited Suite 404, International Centre 26 Bermudiana Rd. Hamilton Tel. 292-6245 E. info@my-bermuda-house.com www.my-bermuda-house.com

Fiduciary Realty 2o Tee Street, Devonshire DV 03, Heather T. 705-9538 • Lea T. 505-0675 F. 232-2989 E. mail@fiduciaryrealty.com www.fiduciaryrealty.com

Platinum Realty P.O. Box SN 81, Southampton SN BX T. 238-6037 • F. 238-6035 E. info@platinumrealty.bm www.platinumrealty.bm

Gutteridge-Hart Property Management & Rentals T. 232-2437 or 504-0022 E. gh@northrock.bm Hope B. Bowker Real Estate Ltd. Suite 202, International Centre Building, Bermudiana Road, Hamilton T. 335-0589 • F. 295-2375 E. bowker@ibl.bm Horsfield Property Services Estate Agents, Auctioneers & Appraisers 2nd Floor, Armoury Building, #37 Reid St., Hamilton T. 292-9328 • F. 278-9928 E. horsfield@logic.bm Island Properties Suite 1112, 48 Par-La-Ville Road, Hamilton HM 11 T. 236-2644 • F. 236-6202 E. neil@iproperties.bm Joy Lusher Real Estate Ltd. 89 Harbour Road, Warwick PG 01 T. 236-5120 • F. 236-7409 E. info@joylusher.com www.joylusher.com KM Realty Ltd. Room 100, Washington Mall 7 Reid Street, Hamilton HM 11 T. 296-2400 • F. 296-1865 E. kmrealty@northrock.bm www.kmrealty.bm Kitson & Company Ltd. 5 Reid Street, Hamilton HM 11, P.O. Box HM 449, Hamilton HM BX T. 295-2525 • F. 295-0814 E. realestate@kitson.bm www.kitson.bm Leonard O. Gibbons Real Estate Ltd., 19 Front Street, Hamilton HM 11 T. 292-4905 • F. 292-2175 E. logproperty@northrock.bm Mark Orchard Real Estate Ltd. P.O. Box DV 264 Devonshire, DV BX T. 524-6905 E. mark@More.bm www.More.bm McInnis & Associates Ltd. 37 Reid St, Hamilton T. 295-1663 • Cell: 737-5753 F. 292-1210 E. heather@hmcinnis.com www.hmcinnis.com

Premier Properties P.O.Box HM 2734, Hamilton HM LX T. 232-0083 • F. 232-0083 E. premierpropertiesinfo@yahoo.com www.premierpropertiesintl.com Prime Equities Real Estate P.O. Box Hm 1474, Hamilton HM FX T. 295-4446 • F. 292-8324 Progressive Realty Ltd. #44 Victoria Street, Hamilton HM 12 T. 295-4255 • F. 292-9950 E. mail@prg.bm www.prg.bm

SmithBridge Realtors 55 Court Street, Hamilton T. 292-1388 • F. 296-0069 Somers Realty Ltd. 97 Middle Rd, Warwick WK 06 T. 236-4001 • F. 236-5588 E. somreal@ibl.bm Skyline Realty Corner Walls, 31 Point Finger Road T. 541-0304 • F. 236-7776 E. skyline@northrock.bm www.bermudaskyline.com Ted Gauntlett Realty Offering sales, rentals, and property management. “Melton Cottage”, 2 Surveyors Close, Sandy’s MA05 Tel. 295-4747 • Fax. 295-4746 E. gauntlett@logic.bm. www.bermuda.com/hosted/tedgauntlett Wigwam Real Estate Ltd. Somers Warf, 14 Water Street, St. George’s GE 05 T. 297-3800 • F. 297-3801 E. peterlever@ibl.bm W.J. Seymour Real Estate Ltd. The Ratteray Building #39 King Street, Hamilton HM19 T. 441-292-2342 F. 441-292-8210 E. info@seymourrealty.bm www.wjseymour.bm

Property Group Ltd., The “Nautilus House”, 82 South Road, Warwick Wk 08 T. 234-6900 • F. 234-6892 E. info@property-group.com www.property-group.com Rego Sotheby’s International Realty Cavendish House, 2 Cavendish Road, Hamilton HM 19 T. 292-3921 F. 295-7464 E. sales@regosir.com www.regosothebysrealty.com Rego Realtors Cavendish House, 2 Cavendish Road, Hamilton HM 19 T. 292-3921 F. 295-7464 E. sales@regorealtors.com www.regorealtors.com Roderick DeCouto Real Estate Ltd. 39 Reid Street, Hamilton HM 12 T. 292-4990 • F. 295-8530 E. info@decoutore.com www.decoutore.com Ruby Dane Realty P.O. Box 184, PG BX, Paget, PG04 T. 232-4461 • F. 232-7280 E. rworrell@ibl.bm www.rubydanerealty.com

Not Listed? Please send details to info@emedia.bm or call 236-2025

Sinclair Realty/Christie’s Great Estates by appointment only 69 Pitts Bay Road, Hamilton HM01 T. 296-0278 • F. 295-8693 E. estates@ibl.bm www.sinclairrealty.com

BANNER ADVERTISING AVAILABLE!

There are FOUR banner ads available: cover page, page 2, realtor listings page and rentals page. Contact Jennifer Ward at info@emedia.bm or 236-2025 for sizing and prices. 8 w Island Property News • July 2011

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Bridgenorth

CatChment hill

arrowroot lane estate harringtOn SOUnD

Judkin lane lot

north Farm & Old Quarry

mangrOve lake

In a world of disappearing land resources there has arisen a once-in-a-lifetime opportunity to acquire prime Bermuda acreage with considerable philanthropic or development potential adjacent to the Harrington Sound Gold Coast, Tucker’s Town and protected National Trust lands.

Bermuda national trust lands

The STory of The NorTh eSTaTe SMiTh’S aNd haMilToN PariSheS

I

n the 19th and 20th century, the North Family was one of Bermuda’s more prominent landowners with several estates, one of which ran from Harrington Sound to the South Shore (including the current site of the Pink Beach Club & Hotel). The family made substantial gifts of property to the Bermuda National Trust. This included the private residence known as Mangroville, adjacent lands and a portion of Mangrove Lake, which form the H.T. North Nature Reserve. Today, the remaining holdings of the North Estate include a magnificent total of 17.8 acres in three contiguous parcels, plus a waterfront home on Harrington Sound. This is one of Bermuda’s largest remaining tracks of undeveloped land under private ownership and its importance has never been more evident.

arrowroot lane estate 8.5 acres with current permission in-principle for one dwelling with swimming pool, comprising 15,000 square feet of development. This parcel directly adjoins lands owned by Bermuda Properties (Tucker’s Point Club), The Bermuda National Trust and private residences. Offered for $5.2 million net.

north Farm & Old Quarry 8.2 acres with permission in-principle for two dwellings. Extensive, elevated water views and twenty-foot rock cuts add spectacular interest to the landscape. Offered for $6.8 million gross.

Judkin lane lot 1.08 acres bordering Mangrove Lake with permission in-principle for one dwelling. Offered for $1.2 million gross.

Bridgenorth A 0.75 acre waterfront home on Harrington Sound with permission in-principle for four townhouses and two pools. Offered for $3.48 million net.

For details, please contact John M. Sinclair : T 296-0278 M 334-8437 E estates@logic.bm

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Island Property News • July 2011 w 9


RENTALS deadline FOR Rental listings: 18th of the month prior to publication To place an ad or for further details please contact Jennifer Ward on 236-2025 or email info@emedia.bm $3,900/Month - Cameo Cottage, 2 bedroom, 2 bath. Available now, Great cottage with a private garden, situated in a quiet established Smiths Parish neighbourhood, with easy access to Hamilton. Separate living with fireplace and dining room with a laundry area off the kitchen. Plenty of storage. This home has overland views and pets are welcome. Can be rented furnished, unfurnished or partially furnished. Call Jane Burt of Kitson Real Estate at 298 2337 or 295 2525. To view photos of properties please visit www.kitson. bm. $4,000/Month - Located right in the City of Hamilton is this turn-key furnished 1012 sqaure foot executive condominium with swimming pool and gym. Only access is via pass key. Let this luxurious apartment be your next dwelling in Bermuda. Contact Cesa of Bermuda Longtail Real Estate 232-2769. $4,200/Month - Located on the Mizzentop property is Quaint Corner Cottage. A private, single dwelling cottage with awesome ocean views, 2 swimming pools and tennis courts. Living room with fireplace, kitchen/ dining combination, two bedrooms, two bathrooms and den (could be 3rd bedroom). Air-conditioning and tiled throughout. Contact Cesa of Bermuda Longtail Real Estate 232-2769. $4,500/Month - Tanglewood Pool House - Warwick. Unique two-bedroom, two bath “pool house” bordering Belmont Hills golf course and within walking distance of Belmont ferry. Completely and tastefully renovated, tiled throughout, private, with views of Harbour. Large pool and outdoor patio/dining area. Perfect for professional couple or single. Contact Joy Lusher Real Estate Ltd. Donna Bennett at donna@joylusher.com or Diana Martin at diana1@vermontel.net. $4,500/Month - Breakers #17, 2 bedroom, 2 bath, $4,500pm, Available June 1st. This lovely 2 bedroom apartment with its own private beach has unobstructed views of the South Shore. Two bedrooms, each with bathroom ensuite, open plan living / dining with gas fireplace and wooden floors. Modern kitchen with stainless steel appliances and office area. Plenty of storage throughout and additional exterior caged storage. Covered balcony for additional entertaining space. Security system. Private parking. Call Jane Burt of Kitson Real Estate at 298 2337 or 295 2525. To view photos of properties please visit www.kitson.bm. $5,900/Month - Belmont Hills - 2 bedroom, 2 bath. A golfers dream! This upper unit has amazing views and includes a golf membership, pool and gym. This unit can be rented with or with out furniture. Very secure building. Available July 25th, long lease preferred. Call Jane Burt of Kitson Real Estate at 298 2337 or 295 2525. To view photos of properties please visit www. kitson.bm. $6,000/Month - This South Whale Estate main home is spacious, has access to the ocean and spectacular ocean views from the upper stairs. Living room, dining room and eat-in kitchen. Huge master bedroom suite

with walk-in closet, two additional bedrooms with full bathroom. Great yard for entertaining or children to have fun! A great neighborhood. Contact Cesa of Bermuda Longtail Real Estate 232-2769. $6,000/Month - Delightful stand-alone Bermuda Cottage on one-third acre, with shady garden in Fairylands, Pembroke – Available September 1st. Two bedrooms, one bathroom, bright & cheerful living room with gas fireplace, dining room, modern eat-in kitchen. The cottage features wooden floors throughout, a separate garage and a room for storage under the house, and only five mintues from Hamilton. Contact Roderick DeCouto Real Estate Ltd. 2924990 email: info@decoutore.com (Listing # 580). $6,000/Month – Located in Hamilton Parish, this unit boasts 4,300 sq ft of living space, and 3,000 + sq ft of terraces, patios and a pool shared between two units. Accommodation includes; grand living room with built-in wet bar, fireplace and French doors onto balcony, on the upper level. Downstairs, an open plan kitchen, breakfast nook and dining room, all opening onto extensive terraces and patios. The master suite with sitting area, fireplace and ‘spa’ bathroom with separate powder room, spacious second bedroom with large bathroom, also storage and laundry. Call Daina Outerbridge 299-1504 at Rego Realtors. $7,500/Month - Northcote West, Pembroke. A lovely family home in a quiet neighbourhood. Lovely garden and pool. 3 bedrooms, 2.5 bathrooms, large family room. Contact Joy Lusher Real Estate Ltd. Donna Bennett at donna@joylusher.com or Diana Martin at diana1@vermontel.net. $9,000/month – Spacious Duplex in this desirable Smith’s Parish location with water views. Accommodation includes living/dining room with fireplace, large state of the art kitchen, covered patio, large master bedroom, 2 additional bedrooms with shared bathroom, 4th bedroom/family room plus a large garden. Call Helen Card 299-1505 at Rego Realtors. $10,000/Month – Enjoy stunning views over Hamilton Harbour from this gracious home; centrally located in Paget, within walking distance to Lower Ferry. Accommodation includes entrance foyer, living room with fireplace, covered porch, family room with fireplace, kitchen, formal dining room, large study, master bedroom ensuite, two additional bedrooms, two bathrooms and laundry. In addition, a self-contained studio apartment with private terrace. Call Liz Wright 299-1519 at Rego Realtors. $10,000/Month - Wonderful Waterfront Home with Dock on Harbour Road in Paget – Available June. Three bedroom, two bathroom home, with views of Hamilton Harbour from every room, a sunny living room with wooden floors & fireplace, a dining room with French doors to patio and a modernized kitchen with quaint breakfast nook overlooking private courtyard. There is also separate studio guest cottage

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with bathroom & kitchenette. Contact Roderick DeCouto Real Estate Ltd. 292-4990 email: info@ decoutore.com (Listing # 523). $11,000/Month - Tuckers Town. Charming 3 bedroom cottage within walking distance of both Mid-Ocean and Tuckers Point Clubs and all their facilities and the waters of Castle Harbour. Newly renovated, private location with mature landscaping. Please call Cris or Barbara at The Property Group 234-6900 or cell 5051537 or 505-9962. $16,000/Month - After Eight. Stunning executive home in glorious private setting with breathtaking views of Harrington Sound. State -of- the- art pool with outdoor bbq covered pavilion. Modern ‘Smart House’ security system for home and gardens. Spacious open kitchen / living / dining room with fireplace all open to extensive covered and open patios. Master bedroom ensuite plus three additional bedrooms and baths. Traditional Bermudian architecture with cedar beams and doors, gourmet kitchen with custom cabinets and granite counter tops, travertine tiled floors, warm floors in all bathrooms Garage. Listing #5750. Listing Agent: Gail Aruda 247-1825. Coldwell Banker Bermuda Realty. $17,000/Month - Grand waterfront estate next door to the Riddells Bay golf course, with pool and pool house, substantial dock. Please call Cris or Barbara at The Property Group 234-6900 or cell 505-1537 or 505-9962. $22,000/Month - Summerland. Stunning 1.3 acre waterfront property on Harrington Sound is like going home to your own private resort. Immaculate home offering great kitchen, large dining room, cosy living room with fireplace, master bedroom with fireplace and new bath, guest room with dressing room and ensuite bath, 3rd bedroom and bath plus office (or 4th bedroom). Lower level comprises a full theatre room, games room with pool table, family room with fireplace, 4th bath and kitchen. Fabulous outdoor kitchen, pool and large dock. Offered furnished or partially furnished. Sole Listing#5748. Gail Aruda 2471825. Coldwell Banker Bermuda Realty. $28,000/Month - Magnificent private waterfront estate located in exclusive Point Shares, Pembroke. Currently undergoing extensive renovations, the elegant and spacious main house has well proportioned rooms and high ceilings! Stunning views; incredible property for entertaining! Comprising: Entrance foyer with bathroom; enormous kitchen, pantry, laundry and maid’s bath; study with fireplace, formal dining room, enormous living room with floor to ceiling windows and a fireplace. Upstairs are four bedrooms, 3 bathrooms and an attic bedroom with bathroom. Waterside studio guest cottage, pool and poolside guest studio cottage, deep-water dock and separate two storey carpentry workshop and storage areas. Long Lease Available commencing August/September. Sole Agent Joy Lusher Real Estate Ltd. Sue Lusher 333-9138 Donna Bennett 535-9909 Diana Martin 337-0226.

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Representing Bermuda’s finest properties Keeping Real Estate Personal

Sue Lusher - Sales: Cell: (441) 333 9138 • Email: sue@joylusher.com Beth Gosling - Sales: Cell: (441) 335 3588 • Email: beth@transact.bm Liz Lusher - Sales: Cell: (441) 334 8104 • Email: elusher@logic.bm Diana Martin - Sales and Rentals: Cell: 441-337-0226 • Email: diana@joylusher.com

BEST-OF -THE-BEST-BUY COTTAGES FOR SALE MELVILLE ESTATE NORTH, DEVONSHIRE Rare opportunity to purchase in this much sought after private estate. Spacious two bedroom cottage in need of renovations well situated on this mature lot measuring 0.39 acres and adjacent to agricultural land. The lower level is ideal for conversion into a spacious apartment or to be connected to the main level to create a large single family home. Extremely private and within walking distance to Saltus Cavendish, Lindo’s and main bus routes.

EXCELLENT BUY! $1,295,000.00

VERDMONT VALLEY, SMITHS Located in a desirable neighborhood with South Shore views! Great location! The main house comprises an entrance foyer, large living/dining room with fireplace, beautifully appointed kitchen, master bedroom with bathroom en suite and private patio, guest bedroom and guest bathroom. Lovely private patio off the living room! There is a spacious one bedroom apartment with private entrance and parking. In pristine ‘move-in’ condition and offering vacant possession, this home is an absolute gem!

PRICED TO SELL! $1,395,000.00

RICHMOND ROAD, PEMBROKE Simply adorable two storey cottage adjacent to the Bermuda High School in Pembroke. Easy walking distance to Hamilton. In need of some upgrading. Ground floor comprises living room with fireplace opening onto a covered porch, dining room, kitchen, bedroom and bathroom. Upstairs are two bedrooms with a shared bathroom. Zoned Residential but with permission for Commercial use. Ideal for small office as there is room to create on-site parking.

PRICED FOR IMMEDIATE SALE! $850,000.00

89 Harbour Road, Warwick PG 01, Bermuda • Tel: (441) 236 5120 • Fax: (441) 236 7409 Email: info@joylusher.com • www.joylusher.com • Member of Real Estate Division, Bermuda Chamber of Commerce

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Island Property News • July 2011 w 11


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Island Property News July 2011