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MLS#: 421313

Elevated Development Site Rarely Available

South Sound, Grand Cayman
CI$8,950,000
Type: Land
    5.8
    ACRES
    914.00
    WIDTH
    314.00
    DEPTH
102 people viewed this property since last week.

Property Information

Location, Location, Location!

Rarely does a development parcel of this scale become available so close to central George Town. This 5.8-acre site just off Fairbanks Road combines substantial acreage with approximately 1,200 feet of road frontage.

The site offers significant flexibility for future development. Concepts could include a 21-house-lot residential subdivision or a large scale condominium development of up to 87 units, with a maximum number of 129 bedrooms. This range of possibilities allows developers to consider the approach best suited to the site and surrounding area.

The property offers excellent proximity to schools, offices, everyday amenities, grocery stores, Sports fields, the new Aquatic center, providing the connectivity particularly important for a future residential community.

Offered at CI$8,950,000, Fairbanks Development Land represents a rarely available opportunity for multiple potential development pathways close to the heart of Grand Cayman.

All development concepts, densities, unit counts, and bedroom counts are subject to planning consent and applicable regulations. Prospective purchasers should undertake independent legal, planning, surveying, infrastructure, elevation, and development due diligence.
images: Courtesy of Cayman Islands Lands Registry

Property Details

  • Status: New
  • View: Garden View
  • Listing Type: Low Density Residential
  • Acreage: 5.8
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*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.
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. 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).
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