5 UNIT CANAL FRONT RENTAL COMPLEX GOVERNOR’S HARBOUR

  • US$2,750,000
W Bay, Cayman Islands

5 UNIT CANAL FRONT RENTAL COMPLEX GOVERNOR’S HARBOUR

W Bay, Cayman Islands
  • US$2,750,000

CIREBA MLS LDX feed courtesy of CAYMAN ISLANDS SOTHEBY'S INT'L REALTY

Overview

MLS#: 413208
  • Multi-Unit
  • Property Type
  • 6
  • Bedrooms
  • 6
  • Bathrooms
  • No
  • Garage
  • 6000
  • Sq Ft
  • 2006
  • Year Built
  • Address Peninsula Avenue
  • City W Bay
  • Area 20
  • Country Cayman Islands

Description

Beside Seven Mile Beach itself, the ‘Seven Mile Beach Corridor’ is the most sought after locale for long-term tenants in the Cayman Islands. Peninsula Avenue, Governor’s Harbour therefore offers an unbeatable location for rental apartments, sitting on the canal between Magellan Quay South and Jellicoe Quay. From front door to feet in sand on Seven Mile Beach is approximately 1,600ft. and just to the north of Public Beach sits the Kimpton Seafire Resort and Spa, not to mention the additional development that has already been approved and slated for this area, including another DART master planned town that will reach between Seven Mile Beach and the Cayman Islands Yacht Club.

Peninsula Avenue 374 offers a 1/2acre canal front site comprising five rental apartments; one spacious two bed and four one bed homes all sold fully furnished.

For a full break down of rental income please email.

The adjacent property to this on Magellan Quay is also for sale presenting the savvy investor with a rare opportunity to acquire two key stone investment properties in an area set for significant future growth and capital appreciation.

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Details

Updated on May 22, 2022 at 9:58 pm
  • MLS#: 413208
  • Price: US$2,750,000
  • Property Size: 6000 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 6
  • Garage: No
  • Year Built: 2006
  • Property Type: Multi-Unit
  • Property Status: Back On The Market

Additional details

  • Views: Canal Front
  • Lot Size: 0.5000
  • Sea Frontage: 80
  • Pool: No
  • Pets Allowed: No
  • Foundation: Slab
  • Furnished: Yes
  • Zoning: Low Density residential
  • Block: 11C
  • Parcel: 315H1H2H3H4

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