This is a tremendous opportunity to secure a large (152-acre) site with potential access to the North Sound.
This parcel is in the Duck Pond area with over 1,700 running feet of water frontage, most of this parcel is zoned agricultural residential (122 acres, allowing 2 houses per acre with its current Zoning) with a section towards the north ocean fronting boundary rezoned as a mangrove buffer (30 acre). Access to the property is via a registered 30-foot vehicle right of way to the south that has been granted to the property which then would join and access the continuation of the East-West Arterial Road. This gives it convenience and has an excellent location for many development opportunities, as this is the next developable area.
As Grand Cayman continues to develop the demand for land continues to increase and will continue. Getting further out is becoming more and more of a desire but also from affordability and access to inventory, makes for a good opportunity. The property owners understand that a feasibility study would need to be done on the property to see the viability and quantifying costs for any potential development, subject to approval by the Central Planning Authority. In addition, the developer may want to seek to change the density and possibly add some mixed-use to the area.
Something else to add to the location is the roundabout and how close and convenient it is, as the bypass continues, it gives you access to Bodden town, which has several stores, gas stations, restaurants, and other amenities.
Please call for more information on this excellent opportunity!
RE/MAX, which stands for "real estate maximums", was founded in the 1970's by Dave and Gail Liniger in the United States of America. They developed a unique franchise system that allows real estate agents to maximize their potential by having the security of a franchise while at the same time having the individual freedom to run their own business. Today the RE/MAX network comprises over 6,000 offices with around 90,000 associates in 85 countries. RE/MAX Cayman Islands is one such independently owned and operated office within the real estate network of RE/MAX International and RE/MAX Caribbean/Central America. The office at 7 Mile Shops on West Bay Road unites 20 Cayman real estate professionals and nine administrative staff under one roof. All of our associates and administrative staff are highly experienced and constantly expand their knowledge with ongoing training. Every real estate agent in Cayman uses the synergy potential. Not only synergies within the office are important; we also work closely with RE/MAX offices all over the world as part of our international referral system. Locally and internationally, we are dedicated to maintaining a high degree of visibility which will benefit our highly valued customers and clients as well as our Sales Associates. A comprehensive marketing strategy across all media including print and internet ensure our consistent exposure. We are well established in the Cayman Islands realestate market as a strong office, capable of producing outstanding results. Referrals from satisfied buyers and sellers are a proof of it as well as the many awards the office has received. Top Office in Total Sales Volume Single Office International 2012 2011 2009 # 1 Top Office - Sales Volume # 1 Top Office - Transactions RE/MAX Cayman Islands values the Cayman Islands community and is involved in various local charities, sports clubs and events. Each associate and supportive staff member dedicates time and money to community projects.