Peninsula Avenue - 5 Unit Canal Front Rental Complex Governor's Harbour — Property Cayman | Real Estate Experts in the Cayman Islands
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Peninsula Avenue – 5 Unit Canal Front Rental Complex Governor’s Harbour

2,750,000 US$

Condo on the Canal Front at West Bay

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

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 Details

Bedrooms: 6Bathrooms: 6
Sqft: 6000View: Canal Front
Acreage: 0.5000

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Neighbourhood

The perfect place to coast through the days (on the coast, naturally), West Bay takes suburban bliss to the next level. One of Cayman’s older residential districts situated north of the infamous Seven Mile Beach stretch, this area is largely made up of residential spaces. And while the area may be situated on the westside of the island, its lifestyle is front and centre; with winding tree-lined streets, a true island feel, and a wide variety of properties ranging from small family homes to luxury estates, condos and land.

Located just outside of West Bay, trading front porches for private canals, you’ll find neighbourhoods such as Governor’s Harbour, Snug Harbour, Canal Point and Crystal Harbour (and it doesn’t take much to sea the difference). Close proximity to Seven Mile Beach and Camana Bay. Convenient grocery shopping, retail and lifestyle stores abound. This area of Grand Cayman is also a boater’s dream, with a small selection of waterfront homes and condominiums directly on the North Sound, making waves in the local real estate scene.

(Canal) front of mind.

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