CIREBA MLS LDX feed courtesy of CENTURY 21 THOMPSON REALTY
About this property
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.
|Acreage: 4.02||Width: 550|
|Depth: 426||View: Inland|
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.