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.
|Bedrooms: 1||Bathrooms: 1.5|
|Sqft: 800||View: with a Garden View|
|Interior features: AC:Central, TV:Cable||Year Built: 2020|
|Outdoor Features: porch:Unscreened, pool, patio|
George Town is the capital city of Cayman and at the heart of the financial services industry. Home to the Island’s port, the George Town waterfront is filled with bustling tourists visiting the duty-free shops via cruise ship. George Town’s residential areas are largely populated by Caymanian families, however, the neighbouring tranquil South Sound community consists of a largely expat family community and is highly sought after due to the convenience of its close proximity to town, schools and quietude.