Bodden Town Multi Family, #31 Periwinkle Drive — Property Cayman | Real Estate Experts in the Cayman Islands
624 views this week

Bodden Town Multi Family, #31 Periwinkle Drive

Semi-detached with a Garden View at Breakers and Bodden town

CIREBA MLS LDX feed courtesy of COLDWELL BANKER CAYMAN ISLANDS REALTY

About this property

The property is situated in the quiet suburbs of Midland Acres. Configuration of four individual apartments comprising of 1 x 2 bedroom/1 bathroom and 3 x 1 bedroom/1 bathroom. Each unit has its own kitchen, bathroom and laundry facilities. Currently fully occupied with a gross rental income of CI$4100/month (CI$49,200/annum). The grounds have fruit trees, plenty of room for landscaping and possibly a pool. This property was originally a single family home and could be easily reverted back without upsetting the main structure. This would provide a great opportunity to enter the rental market for an ambitious investor(s) or someone who wants to purchase a property and supplement their financing.

Property Details

Bedrooms: 5Bathrooms: 4
Sqft: 2288View: Garden View
Acreage: 0.2900

Mortgage Estimate

Neighbourhood

Don’t shop around — shop here. Savannah has become an increasingly popular area for families in recent years, especially after the completion of Countryside Shopping Village. Only a 20-minute drive from George Town and close to schools and shopping, this area not only has clothes, but properties of all sizes and varieties. Ocean side, you will find stunning homes perched on the iron shore overlooking the dramatic south facing views. Savannah is also home to Pedro’s Castle and the Agricultural Grounds. This general area is reasonably priced and appeals to young families and those looking for an affordable new-build option — this spot is sure to grow with its new residents as they do.

A short drive out of Savannah, you will come upon the sleepy seaside village of Bodden Town, known for its history as the Island’s first capital, a favourite amongst locals. Bringing a sense of adventure to paradise, Bodden Town features several guest houses for holidaymakers, pirate caves and a world-class restaurant with water deck dining. This quiet neighbourhood has many treasures to unpack; and is as rich in history as its pirate slinging past would have you believe.

A property selection as rich as the local history.

Search by Name / MLS#

    New developments

    Buy

    Rent