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SUBJECT PROPERTY RECORD DATA:

Title

Reference: The property is registered as REGISTRATION SECTION WEST END, BLOCK 17809 B PARCEL 137 at The Land Registry.

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GENERAL PARTICULARS

Area Analysis: The subject property is located at

West End Village, about 200 feet to the southwest of Isura Condos, in a middle income residential area (photo of condo).

The immediate neighbourhood is quite and offers a view of Cap-juluca Hotel, The Caribbean Sea and the hills of the neighbouring island of St. Martin/St. Maarten (see below photo).

To the southeast of the subject on the opposite side of the pond is Cap-juluca back of house and about 1,600 ft. to the northwest of the subject are two large Communication Towers (as shown in photo), which extends to a height of 50-60 ft. These Towers that consist of Cellular Phone Antennas, appear to have little or no negative impact on the area.

The locality has seen moderate development over the past few years, to include the expansion of Isura Condos (photo of large condo under construction bounded to the southeast of the subject) and there continues to be an increase in the construction of new and modern structures for residential purposes.

In additional, there is a proposal for the development of a Marina in Gulf Pond which is located in close proximity to the subject. This proposed development is now dormant for some time.

Within ten minutes drive from the property are supporting schools and shops. The hospital, airport, the main seaport at Sandy Ground, the Ferry Boat terminal at Blowing Point and other amenities are within twenty five minutes drive.

Services: i) ELECTRICITY: This is provided by Anglec,

supplying single-phase (120 volts) power, using overhead lines along the Right of Way.

ii) TELEPHONE: This is provided by Cable and

Wireless and runs parallel to the above utility.

iii) CABLE TELEVISION: This runs parallel to

the above two utilities.

iv) WATER: Cistern and Public water are available.

v) SANITATION: a) septic tank

b) Garbage collection by private

enterprise through government.

Zoning/Use

Limitations: The National Land Use Plan zones this area for

medium density residential development.

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SUBJECT PROPERTY:

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The Site: The Parcel that is moderately sloping from north to south has a limestone type soil that affords a good bearing stratum for built development.

It has varying densities of soil and vegetation cover and comprises mixed species of indigenous grass/scrub.

the site is not fenced and it is anticipated that fencing would greatly enhanced its privacy, create a better environment and positively impact on the value of the property. Drainage is by natural infiltration and run-off.

Physical Cha-

racteristics: The parcel is trapezoidal in shape, and measures an average of 165 feet east to west and an average of 500 feet north to south.

Plot Size: 1.93 acres

Accessibility

to Main Road: Access to the property is provided by a 20 ft. Right of Way.

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IMPROVEMENTS:

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Description

of Building: The property is vacant land.