North Church St Prime Development Site — Property Cayman | Real Estate Experts in the Cayman Islands
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North Church St Prime Development Site

Land with a Water View at George Town

CIREBA MLS LDX feed courtesy of INTERNATIONAL REALTY GROUP

About this property

Prime George Town Land Assemblage offering direct ocean front views along with an already strong but, about to be significantly improved, location. The site boasts 240 feet (approx) of North Church Street road frontage with impressive ocean views and an additional 500 feet (approx) on the new Wahoo Close/Godfrey Nixon Way extension linking the Esterly Tibbets Bypass directly to North Church Street across Eastern Avenue. This major new road, once opened will make this already attractive site even more desirable and ideal for an premier office, mixed use of primarily retail development with high kerb appeal and great views. The site, which will still total just over two-acres once the road is complete, can be developed to five storeys and the rear lots provide excellent parking and the opportunity for further development as say storgage units or apartments with direct access onto Diaz Lane. The site is high and dry and well elevated to around 8' above mean sea level and currently developed as an asphalt-surfaced parking lot offering an income opportunity whilst plans for the site are being developed.

Property Details

Acreage: 2.74Width: 240
Depth: 540View: Water View

Mortgage Estimate

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.

A home of capital in the capital.

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