CIREBA MLS LDX feed courtesy of PROPERTY CAYMAN LTD
Hospital Road 0.72 Acres, Commercial Land
CI$3,750,000
George Town, Cayman Islands
- 415506MLS#
- 0.72Acres
- 272
- 286
Register
Interest
Bettina Baldwin
If you are looking to buy, sell or rent Bettina Baldwin would be pleased to assist with your inquiries.
Alexander Cowan
If you are looking to buy, sell or rent Alexander Cowan would be pleased to assist with your inquiries.
Bill Baldwin
If you are looking to buy, sell or rent Bill Baldwin would be pleased to assist with your inquiries.
Description
A rare development opportunity in the centre of George Town, right on Hospital Road. Two properties offered together: A neighbourhood commercial parcel measuring 0.32 acres and a general commercial lot measuring 0.40 acres with an existing structure, for a combined total of 0.72 acres of developable real estate, in the heart of George Town. Considering the Government’s ‘Revitalization of George Town’ initiative and that a mere 500 feet away, the new 10-storey hotel, ONE GT, is being built, these sites are prime for redevelopment. The specifications for each parcel are as follows: General Commercial Parcel: Has a 5-bedroom, 4-bathroom home boasting over 4,000 square feet on 0.40 acres, with ample-sized rooms. Initially constructed in 1966, the traditional home saw a recent fortification in 1985, adding six-inch concrete blocks and solid-filled walls. The house has a double car garage with a storage room attached, a large home office, a separate laundry room, and two water cisterns of approximately 30,000 gallons. Less than a minute’s walk to the Cayman Islands Hospital, Government Offices, and the numerous businesses of George Town, this home and property has tremendous potential to be converted into large office spaces. Neighborhood Commercial Parcel: One of the few remaining commercial development sites in central George Town, at 0.32 acres, this adjoining parcel is the perfect site for a 3-storey office building or parking lot. An unbeatable commercial location in the heart of Cayman, surrounded by new development, this George Town, double parcel land, has endless possibilities.
Property Details
Property Type: Land
Listing Type:Commercial
Property Status: Current
Address: George Town
Views: Garden View
Block: 14E
Parcel: 315/370
Zoning: Commercial Neighbourhood
Road Frontage: 107
Soil: Black
Neighbourhood
George Town & South Sound
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.
Property Location
*Disclaimer: The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. The listing details herein are also courtesy of CIREBA (Cayman Islands Real Estate Brokers Association) MLS and/or via LDX (Listing Data Exchange) feed. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).
Address
P.O. Box 30713, JJT Warehouses,
81 Industrial Park,
Grand Cayman, Cayman Islands
81 Industrial Park,
Grand Cayman, Cayman Islands
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