Huge Lower Valley Development Site

Sell Current

CI$2,750,000

Lower Valley Cayman Islands

LandLow Density Residential
MLS# 415565

Well located development site about 10 miles from George Town and a few miles from the 67 acre Mandarin Oriental development site, which starts construction this year.  Initial site works have commenced on this property and improvements, such as fill and other infrastructure have been made providing additional value.  Currently, this is a development where an investor can step in and take over, as most of the development work is complete.  The location and size of the site allows scale and a multi-phase development opportunity to take advantage of the rapidly growing population, plans for the East-West Arterial road improving access nearby, and spin off of workers and staff from the Mandarin Oriental development.  Lower Valley is going to develop rapidly over the next several years, so this timing makes sense to buy in early at the current lower land prices.  This site is definitely a good investment to develop or just land bank!

Address

  • Block : 38C
  • Parcel : 72
  • Area : 72 Lower Valley
  • Country : Cayman Islands
  • Latitude - Longitude : 19.27924701267499 -81.26434736958248
  • Direction : Shamrock road to Lower Walley and turn left onto Pasture Lane. Site is at end of road.

Property Detail: Updated on : April 18, 2024 6:00 am

  • MLS# : 415565
  • Property For : Sell
  • Property Status : Current
  • Acreage : 20.35
  • 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 : No
  • City Water : No
  • Patio : No
  • Zoning : Low Density Residential
  • How Shown : Drive By
  • Land Certificate : Not 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 : Chip/Spray
  • Soil : Other
  • Title : Freehold
  • Topography : Fill Needed
  • Trees : Partial
  • 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

Quick Contact

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