PENINSULA AVENUE - 5 UNIT CANAL FRONT RENTAL COMPLEX GOVERNOR'S HARBOUR - ID#413208

CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

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US$ 11,810

About This Property

Beside Seven Mile Beach itself, the 'Seven Mile Beach Corridor' is the most sought after locale for long-term tenants in the Cayman Islands. Peninsula Avenue, Governor's Harbour therefore offers an unbeatable location for rental apartments, sitting on the canal between Magellan Quay South and Jellicoe Quay. From front door to feet in sand on Seven Mile Beach is approximately 1,600ft. and just to the north of Public Beach sits the Kimpton Seafire Resort and Spa, not to mention the additional development that has already been approved and slated for this area, including another DART master planned town that will reach between Seven Mile Beach and the Cayman Islands Yacht Club. Peninsula Avenue 374 offers a 1/2acre canal front site comprising five rental apartments; one spacious two bed and four one bed homes all sold fully furnished. For a full break down of rental income please email. The adjacent property to this on Magellan Quay is also for sale presenting the savvy investor with a rare opportunity to acquire two key stone investment properties in an area set for significant future growth and capital appreciation.

Property Features

Property Type

Multi-Unit (Apartment Building/Condo Building)
Year Built

2006
Bedrooms

6
Bathrooms

6
Sqft

7,668 ft²
Acres

0.5
Block

11C
Parcel

315H1H2H3H4
Lot Size

0.50
Views

Canal Front
Sea Frontage

80
Foundation

Slab
Furnished

Yes
Zoning

Low Density residential

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):

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Amortization(Years):

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Down Payment Required

US$ 550,000

Mortgage Principal

US$ 2,200,000

Monthly Payment

US$11,810

Still Owing at End of Term

US$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

+1 (345) 516-0079

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