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MLS#: 419054

Multifamily Residence On Cranbrook Dr.

George Town, Grand Cayman
CI$1,195,000
Type: Multi Unit
  • 7
    BED
  • 7
    BATH
  • 4,350
    SQ FT
  • 2005
    YEAR BUILT
  • 0.25
    ACRES
133 people viewed this property since last week.

Property Information

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 ground-floor 2-bedroom, 2-bathroom mother-in-law suite (frame construction) stands alone, connected by a breezeway, 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.

Property Details

  • Status: New
  • View: Garden View
  • Listing Type: Fourplex
  • Pets Allowed: Yes
  • Foundation: Slab
  • Zoning: Medium Density Residential
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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 CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

Cayman Islands Sotheby's International Realty is located in a unique boutique style Gallery on the world famous Seven Mile Beach of Grand Cayman, Cayman Islands - at the newly built Governor's Square. Our office provides an inviting and informative atmosphere of luxury real estate and life in the three Cayman Islands: Grand Cayman, Cayman Brac and Little Cayman, that make up this jewel of the Caribbean. Our knowledgeable realtors (estate agents UK) work in partnership to provide a savvy and discreet service to purchasers of luxury real estate in all three of the Cayman Islands. Working in partnership means that Cayman Islands Sotheby’s International Realty is the only luxury real estate office on the island that you can walk into and comfortably browse luxury real estate and property just as in an art gallery, with experienced knowledgeable realtors (estate agents UK) on hand to answer not only your questions regarding luxury real estate and luxury property but also on the Cayman Islands in general.

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