Aqua Mall is completely leased and is a high demand property with a good mix of retail, restaurant and bars, and offices. It is located in a prominent busy location and is a prime commercial site for steady long-term rental income, potential mixed use redevelopment, or as an income property while being land banked for future development and capital appreciation.
The large parking area behind the building could potentially accommodate a new multi-storey building up to 10 storeys with a couple parking levels and commercial/residential development on top. Just above the two parking levels, from the third floor upwards, the views of the coastline and Seafront would be striking and feature some incredible panoramic views.
With the plans for George Town to support more residential accommodations, this location would be ideal for the addition of a mixed use development directly behind the existing two storey building.
Aqua Mall is a popular venue for cruise ship excursionists, stayover visitors, and local residents, due to the great views of the George Town harbour and waterfront from both the ground floor and second floor levels.
Currently selling for almost US$3,000,000 below the replacement value, it is priced very fairly to afford an excellent value and enable a fast sale.
At RE/MAX Cayman Islands our 37 full-time agents have more than 400 years of combined experience and our office has been open for more than 30 years. Agents at RE/MAX Cayman Islands have been with the company for an average of 13 years. With a presence in over 100 countries and territories in over 7,500 offices and with 144,000+ agents, the RE/MAX network’s global footprint is unmatched by any other real estate brand. RE/MAX is one of the most recognized real estate brands and logos around the world and is in more countries than any other real estate brand. RE/MAX has helped millions of families buy or sell a home. At RE/MAX we know that buying or selling property is one of the most important decisions you will make. You need an agent and a company with the knowledge and experience you can trust especially in the ever-changing Cayman real estate market.
