Fairbanks Road – Large Development Site

Sell New

CI$4,495,000

South Sound Cayman Islands

LandLow Density Residential
MLS# 414867
252,648 SqFt

Location, location, location! This is one of the last remaining large developer’s parcels in this area and location matters! As one of the best locations possible, this site is prime for development. Located just off Walkers Road in the South Sound area, this 5.8 acre parcel is zoned low density residential with a maximum of 87 apartments and up to 140 bedrooms. Situated at the back of the school area in a great community, it is close to the community pool, boxing gym, athletics pitch, football pitch, baseball/softball association, and more. Being on the back side of George Town, the site provides easy access to town, work, groceries, and shops.The site itself touts over 1,000’ directly on the road. One of the biggest benefits of this parcel is that it is naturally elevated between 8’ and 12’ above sea level. Fill is already on the property due to its elevation, which means there is no or very limited cost needed for site prep. This site will always be dry due to its elevation. Even in the event of a hurricane, you won’t have any standing water. This is a safe community that is great for kids as its surrounded by numerous other complexes, people, and subdivisions. This is a perfect opportunity to seize one of the last remaining parcels in this incredible location that has road frontage, power, water, and fiber, all already delivered to the site.

Address

  • Block : 15C
  • Parcel : 63
  • Area : 63 South Sound
  • Country : Cayman Islands
  • Latitude - Longitude : 19.276072077253293 -81.38035100473478
  • Direction : On Walkers rd., take a left on Hinds way, then a right on Aspiration dr., then turn right onto Fairbanks rd. Parcel is on the left, look for sign.

Property Detail: Updated on : August 12, 2022 6:05 am

  • MLS# : 414867
  • Property For : Sell
  • Property Status : New
  • SquareFeet : 252,648
  • Acreage : 5.8
  • Views : I
  • Property Type : LandLow Density Residential

Other Features

  • Court Order : No
  • Forced Sale : No
  • Water Frontage : No
  • Garage : No
  • Fence : No
  • Den : No
  • Living Room : No
  • Kitchen : No
  • Family Room : No
  • Dining Area : No
  • Breakfast : No
  • Pool : No
  • Covenant : Yes
  • City Water : No
  • Patio : No
  • Zoning : Low Density Residential
  • Frontage Road : CityMaintained
  • Road Frontage : 720
  • How Shown : Drive By
  • Land Certificate : Issued
  • 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
  • Soil : Other
  • Title : Freehold
  • Topography : Level
  • Trees : Heavily
  • Car Port : No
  • Utility : No
  • Septic : No
  • Sewer : No
  • Well : No
  • Cistern : No
  • Disposal : No
  • Dock : No
  • Security Alarm : No
  • Elevator : No
  • Annual Operating Costs Curr : CI$
  • Media Room : No
  • Wine Room : No
  • Health Center : No
  • Gym : No
  • Hurricane Shutters : No
  • Storm Windows : No
  • Currency : CI$

Listing Location

Michael Binckes
Sales Associate

+1 (345) 945 2011

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