5.8 Acres with Scale and Subdivision Potential
A substantial 5.8-acre development parcel just off Fairbanks Road presents an opportunity to secure significant land in a central Grand Cayman location. Comprising approximately 252,648 square feet, the site combines scale, extensive road frontage, elevation, and proximity to George Town, creating a compelling proposition for developers considering a high-end residential subdivision.
The property sits at approximately 9 feet above sea level and did not flood during Hurricane Ivan, with no fill required. Approximately 1,200 feet of road frontage further strengthens the development potential of a site of this scale.
Subject to planning approval and all applicable regulations, the property could potentially accommodate up to 21 residential house lots, creating scope for a thoughtfully planned residential community. Its location also provides convenient access to schools, employment centers, and the wider amenities of central Grand Cayman.
The George Town waterfront is approximately 1.5 miles away, offering future residents convenient access to the capital while retaining the space associated with a larger residential development.
At KYD $8,950,000, equivalent to approximately KYD $35 per square foot, Fairbanks Development Land offers developers the opportunity to acquire substantial acreage with excellent road frontage and the potential to create a high-end residential project in a well-connected Grand Cayman location.
Prospective purchasers should undertake independent legal, planning, surveying, infrastructure, elevation, and development due diligence. images: Courtesy of Cayman Islands Lands Registry
