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MLS: 418279

East End Ocean Front Development Parcel - Sold with plans and BCU approvals

Colliers, Cayman Islands

US$2,100,000

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About this property

 

“INCREDIBLE opportunity to develop this 1.17-acre ocean front lot with just over 440 ft of ocean frontage and an additional 0.75 acres across the road totaling 1.92 acres. Superb location with all amenities within a 1.5-mile radius, restaurants, bars, grocery/liquor store, dive operations, hotels, and watersports activities. Sloping elevations up to 16ft above sea level boast spectacular views of this stunning coastline.

Full detailed plans are available for a thoughtfully planned and designed tropical retreat that offers you the choice of 8 x one bedroom condos, or the larger 8 x one bedroom plus den condos, and 2 x 3 bed townhouse style homes.

The plans for this development spans 3 separate buildings, and includes a swimming pool, boat dock and gazebo! Set within lush landscaping, each of the units will have 30FT of frontage boasting spectacular views of the turquoise waters; 11FT NET ceiling heights with 9x9 three tier panel sliding doors. The ground floor elevations shall start at 10-11ft above sea-level. Each contemporary residence will have a modern open plan living space leading on to full width balconies. A bonus is the HUGE open air storage space underneath each of the buildings, simply ideal to store all water toys, kayaks, dive tanks etc.

These will provide fantastic short term rental opportunities for owners utilizing Airbnb and other vacation rental schemes, generating strong ROI’s.”

Call or email for more details today and do not miss out on this turnkey opportunity!

Priced to sell at usd$2,100,000!

Agent owned.

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Property details

East End Ocean Front Development Parcel - Sold with plans and BCU approvals

Status

Current

View

Beach Front, Inland, Water Front

Listing Type

Low Density Residential

Block & Parcel

74A / 154, 159, 157

Acres

1.92

City Water

Yes

Road Surface

Asphalt

How Shown

Drive by

Soil

Black

Topography

Fill Needed

Zoning

Commercial Neighbourhood

Road Frontage

225

Trees

Heavily Wooded

Title

Freehold

Frontage Road

City Maintained

Possession

At Closing

Covenants

No

Direction

Austin Conolley Drive

just past Tukka restaurant. Before Colliers Public Beach

Location

Colliers, Cayman Islands

Mortgage estimate

30
2100000.00$
20
5
30

Your estimated monthly mortgage payment

$9,019
Mortgage Size
$420,000
Mortgage Interest
$0
Total Mortgage Paid
$1,680,000

*Our Mortgage Calculator lets you estimate your monthly mortgage payment input different house prices, terms, interest rates, and down payments and see varying monthly loan amounts.

Highlights

Land
Type
1.92
Acres
626
Width
147
Depth
Current
Status

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