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MLS#: 414966

West Bay Development Land Opportunity

Seven Mile Corridor, Grand Cayman
US$5,350,000
Type: Land
    4.02
    ACRES
    550
    WIDTH
    426
    DEPTH
4 people viewed this property since last week.

Property Information

This prime development parcel situated on over 4+ acres is exceptionally located, presenting an easy to access position on West Bay Road. This property is within walking distance to Cemetery Beach, Fosters Republix, Jacques Scotts Liquor Store and Cayman National Bank. These amenities make it appealing to a developer who may want to offer convenience to its residents.

Combining three parcels, the land is elevated from 3-8 feet and would not require a tremendous amount of fill or other site work. This is a fantastic opportunity to purchase a large parcel in this incredible location that has main road frontage and utilities already in place. An additional feature of this property is that it has access from three gazetted roads. Another bonus is that there is a 2,500 SQFT home which would be considered 'improved upon'- an important point for those wishing to gain residency through the acquisition of property in the Cayman Islands.

Based on its zoning of low density residential, the parcel would accommodate approximately 96 bedrooms or 60 units. A unique opportunity for a savvy investor or developer.

Property Details

  • Status: Pen/Con
  • View: Inland
  • Listing Type: Low Density Residential
  • Acreage: 4.02
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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 CENTURY 21 THOMPSON REALTY

We are a part of the largest and most progressive real estate organization in the world with 7,700 offices across 68 countries and 117,000 professionals working for you. This gives us the strength and security of a worldwide network, access to the most up-to-date technology and the resources to successfully market properties to local and international purchasers greatly enhancing the quality of service we can deliver to our clients. The CENTURY 21 ® System, in all of its operations, epitomizes not only professional real estate knowledge, but a dedication to honesty, integrity and responsiveness to every customer with whom we have the privilege of serving. With the objective of providing the highest standards of real estate services local CENTURY 21 ® offices work together to combine their expertise and have attained outstanding results for their clients. Together we at CENTURY 21 ® Cayman are positive you will come to appreciate the tranquil captivating beauty and most assuredly the safety and refreshing lifestyle that is exclusive to the Cayman Islands. CENTURY 21 Cayman, Your Cayman Islands real estate resource for, buying, selling, renting and investing in homes, condos, apartments, retirement homes, villas, vacation homes, luxury oceanfront property, beachfront property, investment property, income property, land development, commercial property and businesses for sale in Grand Cayman, Cayman Brac and Little Cayman. CENTURY 21 customer service representative is happy to assist you. Equipped with the CENTURY 21 LeadRouter system a great way to receive leads within minutes and respond in record time. The CENTURY 21® System is your edge. You will be a part of a vibrant and growing real estate family that is in 71 countries and territories with about 7,600 offices and 112,000 agents. The CENTURY 21 is more than 40 years young, and continuously evolves to keep ahead of the competition. SMARTER FASTER, BOLDER. Together we at CENTURY 21 ® Cayman are positive and ready to make a pledge to help you benefit from the current market opportunities, you will appreciate the relaxing captivating beauty and most assuredly the safety and refreshing lifestyle that is exclusive to the Cayman Islands. CENTURY 21 Cayman, Your Cayman Islands real estate resource for, buying, selling, renting and investing in homes, condos, apartments, retirement homes, villas, vacation homes, luxury oceanfront property, beachfront property, investment property, income property, land development, commercial property and businesses for sale in Grand Cayman, Cayman Brac and Little Cayman. Our office is located in the Grand Pavilion Commercial Center, 802 West Bay Road. Office hours are Mon-Fri 8:30- 6pm. Sat 9-1pm. Tel 1345-949-2100 if you have reached us outside the normal business hours or on a public holiday, please leave a detailed message and we will return your call at our earliest convenience.

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