WEST BAY DEVELOPMENT LAND OPPORTUNITY
- US$5,350,000
Address
Open on Google Maps-
City: West Bay
-
Area: West Bay
-
Country: Cayman Islands
Description
This prime development parcel situated on over 4+ acres is exceptionally located, presenting an easy to access position on West Bay Road. This property is within walking distance to Cemetery Beach, Fosters Republix, Jacques Scotts Liquor Store and Cayman National Bank. These amenities make it appealing to a developer who may want to offer convenience to its residents.
Combining three parcels, the land is elevated from 3-8 feet and would not require a tremendous amount of fill or other site work. This is a fantastic opportunity to purchase a large parcel in this incredible location that has main road frontage and utilities already in place. An additional feature of this property is that it has access from three gazetted roads. Another bonus is that there is a 2,500 SQFT home which would be considered ‘improved upon’- an important point for those wishing to gain residency through the acquisition of property in the Cayman Islands.
Based on its zoning of low density residential, the parcel would accommodate approximately 96 bedrooms or 60 units. A unique opportunity for a savvy investor or developer.
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Monthly HOA Fees
Schedule a Tour
Details
Updated on April 9, 2025 at 11:02 am-
Property ID 414966
-
Price US$5,350,000
-
Property Type Land
-
Property Status Pending/Conditional
Additional details
-
Views Inland
-
Lot Size 4.0200
-
Block 5C
-
Parcel 54,186,185
-
Road Frontage 288
-
Soil Other
-
Zoning Low Density residential