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ELEVATED DEVELOPMENT SITE RARELY AVAILABLE

MLS #421313 | South Sound, Cayman Islands
  • 914
  • 314
CI$8,950,000
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CIREBA MLS LDX feed courtesy of WILLIAMS2 REAL ESTATE
Mortgage Calculator
Mortgage Calculator lets you estimate your monthly mortgage payment input different prices, terms, interest rates, and down payments and see varying monthly loan amounts.
CI$ 38,436

About This Property

5.8 Acres with Scale and Subdivision Potential A substantial 5.8-acre development parcel just off Fairbanks Road presents an opportunity to secure significant land in a central Grand Cayman location. Comprising approximately 252,648 square feet, the site combines scale, extensive road frontage, elevation, and proximity to George Town, creating a compelling proposition for developers considering a high-end residential subdivision. The property sits at approximately 9 feet above sea level and did not flood during Hurricane Ivan, with no fill required. Approximately 1,200 feet of road frontage further strengthens the development potential of a site of this scale. Subject to planning approval and all applicable regulations, the property could potentially accommodate up to 21 residential house lots, creating scope for a thoughtfully planned residential community. Its location also provides convenient access to schools, employment centers, and the wider amenities of central Grand Cayman. The George Town waterfront is approximately 1.5 miles away, offering future residents convenient access to the capital while retaining the space associated with a larger residential development. At KYD $8,950,000, equivalent to approximately KYD $35 per square foot, Fairbanks Development Land offers developers the opportunity to acquire substantial acreage with excellent road frontage and the potential to create a high-end residential project in a well-connected Grand Cayman location. 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

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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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
Debi Bergstrom
+1 (345) 516-0079

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ELEVATED  DEVELOPMENT SITE RARELY AVAILABLE

ELEVATED DEVELOPMENT SITE RARELY AVAILABLE

Buyers Over CI$8,950,000
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