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Edgewater Group
Edgewater Group
Address
43 Vibert Bodden Drive, P.O. Box 30132 SMB
George Town, Grand Cayman KY1-1201
Cayman Islands, British West Indies.
Phone
+1 (345) 946-3343
+1 (345) 516-0079
Email
info@edgewater.ky
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GEORGE TOWN DEVELOPMENT SITE
GEORGE TOWN DEVELOPMENT SITE
GEORGE TOWN DEVELOPMENT SITE

GEORGE TOWN DEVELOPMENT SITE

MLS #414887 | George Town Central, Cayman Islands
  • 100
  • 124
CI$650,000
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CIREBA MLS LDX feed courtesy of PARADISE PROPERTIES CAYMAN
Mortgage Calculator
Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.
CI$ 2,791

About This Property

Fantastic opportunity to develop in Central George Town. Superb investment for capital appreciation, or build an apartment complex. Agent owned. This unique lake front property is the largest undeveloped parcel for sale in the area at 0.29 acre. Set directly in the centre of George Town and one of the nearest residential locations to the new hospital being developed in Camana Bay. This lot is also located next to the new commercial plaza, Arboretum Place, being developed on the Esterly Tibbetts Highway. This parcel is zoned High Density Residential, making it ideal for an apartment complex. Similar properties in this area have 14 studio apartments with rental income potential of US$20,000 per month (approx. US$240K annually) or more! Developing this property can easily produce between 15-20% tax-free Return on Investment. Don't miss this extremely rare opportunity!!

Property Features

  • Property Type
    Land (High Density Residential)
  • Acres
    0.29
  • Block
    13D
  • Parcel
    310
  • Acres
    0.29
  • Views
    Inland, Lake View

Mortgage Calculator

Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.
Mortgage Term(Years):
Interest Rate(% Per Year):
Principal Amount($):
Down Payment(%):
Amortization(Years):
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Down Payment Required
CI$ 130,000
Mortgage Principal
CI$ 520,000
Monthly Payment
CI$2,791
Still Owing at End of Term
CI$0
*Disclaimer: 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. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. 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).
Debi Bergstrom
Debi Bergstrom
+1 (345) 516-0079
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GEORGE TOWN DEVELOPMENT SITE

GEORGE TOWN DEVELOPMENT SITE

Buyers Over CI$650,000
This form is only to be used for sending genuine email enquiries to the Agent. Edgewater Group reserves its right to take any legal or other appropriate action in relation to misuse of this service.

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