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MLS: 418032

North Side Acreage - Medium Density Residential

North Side, Cayman Islands

CI$595,000

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About this property

Discover an incredible opportunity to develop your vision on this expansive 1.55-acre parcel of raw land, perfectly situated in close proximity to Rum Point. Zoned for medium-density residential use, this property offers flexibility for a range of residential development options, from single-family homes to multi-unit dwellings. Enjoy uninterrupted sea views from elevations of 24 ft above sea level. The northern boundary rests in a protected natural catchment pond which ensures an excellent flood and stormwater management plan but provides privacy and abounds with wildlife, local flora and fauna.

With the ongoing demand for quality housing this property represents a valuable investment opportunity. The medium-density zoning provides a versatile platform for creating a residential project that meets the needs of the market.

Don’t miss the chance to explore the potential of this prime piece of land.

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Property details

North Side Acreage - Medium Density Residential

Status

Current

View

Inland

Listing Type

Med Density Residential

Block & Parcel

45A / 38

Acres

1.55

City Water

No

Road Surface

Asphalt

How Shown

Drive by

Soil

Marl

Topography

Level

Zoning

Low Density residential

Road Frontage

100

Frontage Road

Private

Possession

At Completion

Covenants

Yes

Direction

From Rum Point Drive the access point is just before Will Chisholm Close.There is access over the adjoining parcels.

Location

North Side, Cayman Islands

Mortgage estimate

30
$30
595000.00$
$595,000
20
20 %
5
5 %
30
30

Your estimated monthly mortgage payment

$2,555
Mortgage Size
$119,000
Mortgage Interest
$0
Total Mortgage Paid
$476,000

*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
1.55
Acres
182
Width
394
Depth
Current
Status

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