MULTIFAMILY RESIDENCE ON CRANBROOK DR.
- CI$1,195,000
Address
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Address: Cranbrook
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City: George Town
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Area: George Town
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Country: Cayman Islands
Description
44 CRANBROOK is a beautifully maintained residential property in the heart of George Town that offers incredible potential for investors and families alike.
Configured as a multi-family development with 4 separate residences, this investment offers the prospective purchaser an excellent rental vehicle, or the opportunity to both occupy and achieve rental income. The ground floor features a 2-bedroom, 2-bathroom apartment with an open-plan living and dining area, providing easy access to garden and outdoor areas. Additionally, there is a cozy 1-bedroom studio with a private entrance, offering excellent privacy and independence. The upper level boasts another 2-bedroom, 2-bathroom apartment with an exterior entrance and a 500 sq. ft. sundeck/patio, perfect for relaxing and entertaining. A detached ground-floor 2-bedroom, 2-bathroom mother-in-law suite (frame construction) stands alone, connected by a breezeway, providing both privacy and comfort.
This property offers a projected NET ROI of 5% from rental income, and accommodates multiple tenants while maintaining privacy for all residents.
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Details
Updated on April 26, 2025 at 1:28 am-
Property ID 419054
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Price CI$1,195,000
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Property Size 4350 Sq Ft
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Bedrooms 7
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Bathrooms 7
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Property Type Multi-Unit
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Property Status Current
Additional details
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Views Garden View
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Lot Size 0.2500
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Block 20D
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Parcel 153
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Year Built 2005
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Pool No
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Foundation Slab
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Furnished Yes
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Zoning Medium Density Residential