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PRIME 6 ACRE DEVELOPMENT SITE IN WEST BAY , Grand Cayman

MLS#: 412885
Listing Type: Low density residential
US$3,950,000
($15.11/Sq Ft)
ACREAGE
6
Width
525
Depth
780

Property Details

  • Property Type: Land
  • View: Garden View, Inland
  • Status: New
  • Acreage: 6

Property Information

Behold the opportunity developers and investors have been waiting for, Prime 6 Acre Development Site in West Bay. With acreage being extremely scarce in coveted locations, this property could not have come at a better time. Located in an excellent, easy to access position in West Bay this property is walking distance to the beach, supermarket, shops as well as the new Aster Cayman Medcity. Even without the access to the new hospital this location and site will be extremely desired by all investors and developers. There is great road frontage on Willie Farrington Drive as well as possible access on Genevieve Bodden Drive.
The site is currently zoned Low Density Residential which allows for 3 story buildings, 90 units (15 units per acre), 144 bedrooms (24 bedrooms per acre) this would allow for an impressive development community. Planning has been allowing for some variations and zoning changes when requested. This is an opportunity not to be missed!

*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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Sales Associate
Company:
RE/MAX CAYMAN ISLANDS
Office:345-946-9961
Cell:345-324-9961
Email:Mark.gaus@remax.ky
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