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MLS#: 418263

North Church St Prime Development Site

George Town, Grand Cayman
US$5,300,000
Type: Land
    2.74
    ACRES
    240
    WIDTH
    540
    DEPTH
20 people viewed this property since last week.

Property Information

Prime George Town Land Assemblage offering direct ocean front views along with an already strong but, about to be significantly improved, location. The site boasts 240 feet (approx) of North Church Street road frontage with impressive ocean views and an additional 500 feet (approx) on the new Wahoo Close/Godfrey Nixon Way extension linking the Esterly Tibbets Bypass directly to North Church Street across Eastern Avenue. This major new road, once opened will make this already attractive site even more desirable and ideal for an premier office, mixed use of primarily retail development with high kerb appeal and great views.

The site, which will still total just over two-acres once the road is complete, can be developed to five storeys and the rear lots provide excellent parking and the opportunity for further development as say storgage units or apartments with direct access onto Diaz Lane.

The site is high and dry and well elevated to around 8' above mean sea level and currently developed as an asphalt-surfaced parking lot offering an income opportunity whilst plans for the site are being developed.

Property Details

  • Status: Current
  • View: Water View
  • Listing Type: Commercial
  • Acreage: 2.74
  • Zoning: Commercial
  • Covenants: No
  • Road Frontage: 800
  • Soil: Other
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*Disclaimer: CIREBA uses a conversion rate of KYD 0.82 to US 1.00. It is important to check with your local real estate agent or financial institution as the KYD/USD exchange rate may differ when purchasing real estate in the Cayman Islands.
The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

About INTERNATIONAL REALTY GROUP

IRG is the Cayman Island's leading integrated real estate and relocation services provider, as dedicated property professionals we offer our clients and customers a comprehensive range of high-quality, professional real estate services in the residential, commercial, relocation, leasing and property asset management markets.??IRG provides in-depth local expertise along with a truly global viewpoint and presence through its international affiliations with Knight Frank, Leading Real Estate Companies of the World and Luxury Portfolio.??We are a leader in the fields of luxury residential and beachfront property, raw land, commercial property and office space, development feasibility studies and market analysis.??More recently IRG has specialized in property acquisition and disposal strategies for distressed properties, including sealed bids and structured marketing plans for properties in receivership and liquidation. ??IRG also provides a full range of professional real estate marketing services with a proven reputation for delivering outstanding results.

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