George Town Triplex On 0.25 Acres High Density Residential Land — Property Cayman | Real Estate Experts in the Cayman Islands
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George Town Triplex On 0.25 Acres High Density Residential Land

Semi-detached at George Town

CIREBA MLS LDX feed courtesy of TEN SAILS PROPERTY GROUP LTD

About this property

This triplex consists of 3 spacious 2-bedroom /1-bathroom apartments, each with a large living room area, sizable bedrooms and a large kitchen with access to screened-in porches overlooking the backyard. Each unit has access to 2 parking spaces each at the front of the property. The units are individually metered for water and electricity (CUC). This charming wood-frame structure is built on a 0.25 acre High-Density Residential land. It has a solid concrete foundation and is elevated 9 feet above sea level. The location is convenient and within walking distance of the George Town hospitals and Walkers Road schools. The property is very low maintenance and has the following annual expenses: Insurance - CI$2500 AC Maintenance - CI$1200 Pest Control - CI$800 Landscaping - CI$1200 While the property may require a little TLC, its prime location and land zoning offer endless possibilities for renovation and future expansion. Don't miss the chance to transform this into a lucrative investment opportunity! The units are currently all tenanted, so kindly allow 24 hours notice for viewings.

Property Details

Bedrooms: 6Bathrooms: 3
Sqft: 2979View: None
Acreage: 0.2500

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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