44 CRANBROOK is a beautifully maintained residential property in the heart of George Town that offers incredible potential for investors and families alike.
Configured as a multi-family development with 4 separate residences, this investment offers the prospective purchaser an excellent rental vehicle, or the opportunity to both occupy and achieve rental income. The ground floor features a 2-bedroom, 2-bathroom apartment with an open-plan living and dining area, providing easy access to garden and outdoor areas. Additionally, there is a cozy 1-bedroom studio with a private entrance, offering excellent privacy and independence. The upper level boasts another 2-bedroom, 2-bathroom apartment with an exterior entrance and a 500 sq. ft. sundeck/patio, perfect for relaxing and entertaining. A detached 2-bedroom, 2-bathroom mother-in-law suite (frame construction) stands alone, connected by a breezeway with no shared walls, providing both privacy and comfort.
This property offers a projected NET ROI of 5% from rental income, and accommodates multiple tenants while maintaining privacy for all residents.
Making our home your home. Established in 1985 Coldwell Banker Cayman Islands Realty has been a market leader since then. Its brokers have been selling real estate in Cayman since 1980 and have assembled a knowledgeable staff of Caymanians, Americans, British and Canadians who pride themselves in personal but professional service. Well known for their efficiency and integrity both individually and as an organization, much of our business comes from professional referrals and the far reaching Coldwell Banker network. The firm's agents speak English, and Spanish, and have wide ranging experience. Coldwell Banker Cayman Islands Realty has finished #1 for all Coldwell Banker offices worldwide in their office category. Our main office is an award winning Cayman style building on West Bay Road across from the Avalon. We have a Rental/Property Management section as well as an office in Little Cayman and one in Cayman Brac serving the Sister Islands. We have a client base of approximately 30,000 to which we send market reports twice each year. We are happy to send comprehensive information packages about Cayman and our Real Estate market to potential customers on request. For those interested specifically in tropical island properties, the principals of this company also own the rights to Coldwell Banker in the Caribbean and have franchised 22 countries. That information can be found at www.coldwellbankerislands.com.