ELEVATED DEVELOPMENT SITE RARELY AVAILABLE

MLS #421313 | South Sound, Cayman Islands

CI$8,950,000

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CIREBA MLS LDX feed courtesy of WILLIAMS2 REAL ESTATE

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CI$ 38,436

About This Property

Location, Location, Location! Rarely does a development parcel of this scale become available so close to central George Town. This 5.8-acre site just off Fairbanks Road combines substantial acreage with approximately 1,200 feet of road frontage. The site offers significant flexibility for future development. Concepts could include a 21-house-lot residential subdivision or a large scale condominium development of up to 87 units, with a maximum number of 129 bedrooms. This range of possibilities allows developers to consider the approach best suited to the site and surrounding area. The property offers excellent proximity to schools, offices, everyday amenities, grocery stores, Sports fields, the new Aquatic center, providing the connectivity particularly important for a future residential community. Offered at CI$8,950,000, Fairbanks Development Land represents a rarely available opportunity for multiple potential development pathways close to the heart of Grand Cayman. All development concepts, densities, unit counts, and bedroom counts are subject to planning consent and applicable regulations. Prospective purchasers should undertake independent legal, planning, surveying, infrastructure, elevation, and development due diligence. images: Courtesy of Cayman Islands Lands Registry

Property Features

Property Type

Land (Low Density Residential)
Acres

5.8
Block

15C
Parcel

63
Acres

5.80
Views

Garden View
Zoning

Low Density residential
Road Frontage

1200
Soil

Rock

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Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.

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CI$ 1,790,000

Mortgage Principal

CI$ 7,160,000

Monthly Payment

CI$38,436

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

+1 (345) 516-0079

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ELEVATED DEVELOPMENT SITE RARELY AVAILABLE

Buyers Over CI$8,950,000

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