CIREBA MLS LDX feed courtesy of COLDWELL BANKER CAYMAN ISLANDS REALTY
Multi-family Residence On Cranbrook Drive
CI$1,295,000
George Town, Cayman Islands
- 2005Year Built
- 418113MLS#
- 4,350Sq. Ft.
- 0.25Acreage
- 7
- 7
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
44 CRANBROOK is a beautifully maintained residential property in the heart of George Town that offers incredible potential for investors and families alike. Configured as a multi-family development with 4 separate residences, this investment offers the prospective purchaser an excellent rental vehicle, or the opportunity to both occupy and achieve rental income. The ground floor features a 2-bedroom, 2-bathroom apartment with an open-plan living and dining area, providing easy access to garden and outdoor areas. Additionally, there is a cozy 1-bedroom studio with a private entrance, offering excellent privacy and independence. The upper level boasts another 2-bedroom, 2-bathroom apartment with an exterior entrance and a 500 sq. ft. sundeck/patio, perfect for relaxing and entertaining. A detached 2-bedroom, 2-bathroom mother-in-law suite (frame construction) stands alone, connected by a breezeway with no shared walls, providing both privacy and comfort. This property offers a projected NET ROI of 5% from rental income, and accommodates multiple tenants while maintaining privacy for all residents.
Property Details
Property Type: Multi-Unit
Listing Type:Apartment Building/Condo Building
Property Status: Current
Address: Cranbrook, George Town
Views: Garden View
Block: 20D
Parcel: 153
Foundation: Slab
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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Phone: +1-345-916-7766
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