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MIDLAND ACRES QUARRY AND DEVELOPMENT SITE , Grand Cayman

MLS#: 407894
LISTING TYPE: Land Residential/Agriculture
US$85,500,000 ($5.58/Sq Ft)
ACREAGE
352
WIDTH
1,800
DEPTH
8,300

PROPERTY DETAILS

  • Property Type: Land
  • View: Inland
  • Status: Current
  • Acreage: 352
  • Zoning: Low Density Residential
  • Covenants: No
*Disclaimer: CIREBA uses a conversion rate of KYD 0.82 to US 1.00. It is important to check with your local real estate agent or financial institution as the KYD/USD exchange rate may differ when purchasing real estate in the Cayman Islands.

PROPERTY ENQUIRY

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Property Description

Unique investment opportunity for qualified investor to become major player in Cayman's lucrative aggregate and quarrying market. Investment protected by limited current and future availability of licenses and suitable quarry sites. Property has licenses to extract 15.8 million cubic yards, with 14.4 million remaining to excavate after 2016. Cayman's rapid development is creating strong and increasing demand for fill, projected to increase to 1.5million cubic yards per annum from Midland Acres within the next 5 years.

Total site comprises approx 352 acres some of which can be developed as an extension to the existing residential subdivisions providing an additional source of potential income.

Lucrative, long term investment for experienced investor. Full Information Memorandum available to qualified investors upon application and execution of NDA.

CONTACT AGENT

Broker/owner
Company:
INTERNATIONAL REALTY GROUP
Office:345-623-1111
Cell:345-525-9900
Email:jeremy@irg.ky
Contact Us

Broker/sales Associate
Company:
CAMBRIDGE REAL ESTATE CORP.
Office:345-945-2940
Cell:345-916-0431
Email:bosch@candw.ky
Contact Us