Aqua Mall – George Town Seafront

Sell Current

US$9,995,000

George Town Centr Cayman Islands

CommercialOffices/Mixed Use
MLS# 416829
21456 SqFt

A unique multi-faceted investment opportunity within the business core of George Town, directly on the Seafront with some very distinctive site advantages.   Aqua Mall is completely leased and is a high demand property with a good mix of retail, restaurant and bars, and offices.  It is located in a prominent busy location and is a prime commercial site for steady long-term rental income, potential mixed use redevelopment, or as an income property while being land banked for future development and capital appreciation. The large parking area behind the building could potentially accommodate a new multi-storey building up to 10 storeys with a couple parking levels and commercial/residential development on top.  Just above the two parking levels, from the third floor upwards, the views of the coastline and Seafront would be striking and feature some incredible panoramic views.   With the plans for George Town to support more residential accommodations, this location would be ideal for the addition of a mixed use development directly behind the existing two storey building. Aqua Mall is a popular venue for cruise ship excursionists, stayover visitors, and local residents, due to the great views of the George Town harbour and waterfront from both the ground floor and second floor levels. Currently selling for almost US$3,000,000 below the replacement value, it is priced very fairly to afford an excellent value and enable a fast sale.

Address

  • Block : 14BH
  • Parcel : 85,87,88,89,92
  • Area : 85,87,88,89,92 George Town Centr
  • Country : Cayman Islands
  • Latitude - Longitude : 19.293389398944367 -81.38414216296492
  • Direction : 55 South Church Street, between Boilers Rd. and Merrendale Dr. on George Town waterfront.

Property Detail: Updated on : February 24, 2024 6:00 am

  • MLS# : 416829
  • Property For : Sell
  • Property Status : Current
  • SquareFeet : 21456
  • Year Build : 2000
  • Acreage : 1.02
  • Views : W
  • Property Type : CommercialOffices/Mixed Use

Other Features

  • Approx Water Frontage : 50
  • Stories : 2
  • Court Order : No
  • Forced Sale : No
  • Water Frontage : Yes
  • Stories Building : 2
  • Garage : No
  • Fence : No
  • Den : No
  • Living Room : No
  • Kitchen : No
  • Family Room : No
  • Dining Area : No
  • Breakfast : No
  • Pool : No
  • Covenant : No
  • City Water : Yes
  • Patio : No
  • Zoning : Commercial
  • Ac : Other
  • Class : Existing
  • Construction : Block
  • Foundation : Slab
  • Frontage Road : CityMaintained
  • Road Frontage : 50
  • How Shown : By Appointment/List
  • Land Certificate : Not Issued
  • Occupant : Tenant
  • Oven Or Range : No
  • Dishwasher : No
  • Microwave : No
  • Refrigerator : No
  • Tennis : No
  • Monthly Maint Cost Curr : CI$
  • Insurance In Maint : No
  • Sewage In Maint : No
  • Monthly Insurance Curr : CI$
  • Monthly Sewage Curr : CI$
  • Annual Income Curr : CI$
  • Pets In Maint Cost : No
  • Pets Maint Cost Curr : CI$
  • Tv In Maint Cost : No
  • Tv Maint Cost Curr : CI$
  • Ac In Maint Cost : No
  • Ac Maint Cost Curr : CI$
  • Pool In Maint Cost : No
  • Pool Maint Cost Curr : CI$
  • Gardening In Maint Cost : No
  • Possession : At closing
  • Road Surface : Asphalt
  • Title : Freehold
  • Car Port : No
  • Utility : No
  • Septic : Yes
  • Sewer : No
  • Well : No
  • Cistern : No
  • Disposal : No
  • Dock : No
  • Security Alarm : Yes
  • Elevator : No
  • Annual Operating Costs Curr : CI$
  • Annual Operating Costs : 284000
  • Media Room : No
  • Wine Room : No
  • Health Center : No
  • Gym : No
  • Hurricane Shutters : No
  • Storm Windows : No
  • Currency : US$
  • Videos : Array

Listing Location

Video

Michael Binckes
Sales Associate

+1 (345) 945 2011

Quick Contact

Do not fill this field in

Do not fill this field in

Your personal data will be used to support your experience throughout this website, to manage access to your account, and for other purposes described in our privacy policy .