WEST BAY DEVELOPMENT LAND OPPORTUNITY, West Bay Road
West Bay, Grand Cayman , Iles Caïmans

# MLS: 414966

5 350 000 $US USD

Type
RESIDENTIAL_LOT
Surface vendable minimale
16 268m² (175 111,2ft²)
Les détails

Caractéristiques de la propriété

Date mise à jour: 24 mai 2024

Superficie

Superficie du terrain/lot
16 268m² (175 111,2ft²)

Description

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.

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WEST BAY DEVELOPMENT LAND OPPORTUNITY, West Bay Road, West Bay, Grand Cayman , Iles Caïmans
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