MAGELLAN QUAY, GOVERNOR’S HARBOUR HOME + 3 SEPARATE INCOME APARTMENTS

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

MAGELLAN QUAY, GOVERNOR’S HARBOUR HOME + 3 SEPARATE INCOME APARTMENTS

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

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

Overview

MLS#: 413198
  • Residential
  • Property Type
  • 5
  • Bedrooms
  • 4.5
  • Bathrooms
  • No
  • Garage
  • 5627
  • Sq Ft
  • 1999
  • Year Built
  • Address Magellan Quay
  • City W Bay
  • Area 20
  • Country Cayman Islands

Description

Investment property with gross annual income of US$130k, call for breakdown of Income/Expenditure.
Sitting on over 1/3acre of canal front land the property provides an interesting mix of accommodations with a substantial main house offering five bedrooms and a pool, with an attached self-contained one bedroom “in-law suite” that has its own entrance but can also be accessed from the primary residence if required. On the same lot but with its own private driveway are two additional rental apartments a 2bed on the ground floor and a 1bed room upstairs. Currently set-up solely for rental investment income the Magellan Quay #18 gives flexibility to allow a number of different scenarios including owner occupation plus rental income.

Main House – 5 bedrooms 41/2 bath (3,562sqft)

Adjoining in-law cottage – 1 bed 1bath (575sqft)

Separate g/f rental – 2bed 2bath (1,040sqft)

Separate upstairs rental – 1bed 1bath (450sqft)

Please email for a breakdown of the rental income

Mortgage Estimate

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Details

Updated on March 25, 2023 at 3:58 pm
  • MLS#: 413198
  • Price: US$2,750,000
  • Property Size: 5627 Sq Ft
  • Bedrooms: 5
  • Bathrooms: 4.5
  • Garage: No
  • Year Built: 1999
  • Property Type: Residential
  • Property Status: Current

Additional details

  • Views: Canal Front
  • Lot Size: 0.3827
  • Sea Frontage: 60
  • Pool: Yes
  • Den: Yes
  • Foundation: Slab
  • Furnished: Yes
  • Zoning: Low Density residential
  • Block: 11C
  • Parcel: 208

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