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Downtown Reach 501

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Sold - 01/21

Condo with a Garden View in George Town

Sold Property

MLS: 410143

Downtown Reach 501

Condo with a Garden View at George Town

About this property

Downtown Reach is a new residential development just five minutes from George Town right off the Linford Pierson Highway. Closely located to the amenities of George Town and the Grand Harbour area, the price point and locale are unbeatable. Phase 1 is set to be sold out before ground breaking in May 2019. This is an opportunity to purchase your first home at significant savings with stamp duty exception for first time Caymanian buyers. It is equally a great opportunity if you are seeking an investment property with a projected ROI of between 5 to 7%. The initial phase will include 30 one bedroom units and at the time of listing, there are 2 remaining units at the pre-construction prices.

Property Details

Bedrooms: 1	Bathrooms: 1.5
Sqft: 800	View: Garden View
Interior features: TV: Cable, AC: Central	Acreage: 0.0000
Outdoor Features: Pool

Neighbourhood

George Town is the capital city of Cayman and at the heart of the financial services industry. Not just a warm climate but a warm welcome; George Town is home to the island’s port, with a waterfront filled with bustling tourists visiting the duty-free shops. At the figurative centre of Cayman, sits the literal centre of George Town’s residential population — a favourite among locals for its close proximity to town, grocery shopping, local schools, Owen Roberts Airport, snorkelling, diving and classic island restaurants.

Heading East from George Town, you will find the coveted South Sound. The second most sought after area on Grand Cayman to live after Seven Mile Beach (but second to none in lifestyle), this area is more relaxed than Seven Mile with a lovely mix of condos and mid to large family homes. Hugging the waterline, you’ll find luxurious beachfront villas; the perfect location for your towel to meet the sand for a few hours a day.