INVESTMENT PROPERTY- CENTRAL GEORGE TOWN
2,503 SqFt
Size
4
Bedrooms
4
Bathrooms
Description
Prime redevelopment opportunity in the heart of Central George Town. Strategically positioned in a high-demand growth corridor, this property offers exceptional potential for investors and developers seeking a multi-unit, residential, or mixed-use redevelopment project.
The site currently includes a main house and two separate rental units generating existing income, providing holding revenue while redevelopment plans and approvals are pursued. The property is ideally suited for refurbishment subject to planning approvals.
Located minutes from George Town’s commercial center, schools, shopping, restaurants, and key transport routes, demand for centrally located housing and rental accommodation in this area continues to grow.
Opportunities of this nature in Central George Town are increasingly limited, particularly properties offering both immediate income and long-term redevelopment upside.
A rare chance to secure a centrally located redevelopment site with existing cash flow in one of Grand Cayman’s most active investment markets.
- MLS# 420843
- Price CI$499,000
- Property Type Residential
- Property status Pending/Conditional
- Bedrooms 4
- Bathrooms 4
- Year Built 1996
- Size 2,503 SqFt
- Area 30
- Foundation Slab
- Furnished Partially
- Zoning Low Density residential