Well located development site about 10 miles from George Town and a few miles from the 67 acre Mandarin Oriental development site, which starts construction this year. Initial site works have commenced on this property and improvements, such as fill and other infrastructure have been made providing additional value. Currently, this is a development where an investor can step in and take over, as most of the development work is complete. The location and size of the site allows scale and a multi-phase development opportunity to take advantage of the rapidly growing population, plans for the East-West Arterial road improving access nearby, and spin off of workers and staff from the Mandarin Oriental development. Lower Valley is going to develop rapidly over the next several years, so this timing makes sense to buy in early at the current lower land prices. This site is definitely a good investment to develop or just land bank!
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.