Red Bay – Massive 112 Parcel 53 Acre Dev’t Site

Sell Current

US$25,000,000

Prospect Cayman Islands

LandLow Density Residential
MLS# 417423

Massive 53 acre development site!  Already master planned with 109 residential lots. Two apartment sites of over 2 acres each on the lake and waterway. Commercial site of over 5.5 acres, and roads throughout that link up to existing neighbouring developments.  There is waterway access leading into the North Sound, so attractive for easy boating access.  A tremendous amount of work on the whole site has already been completed, including filling most of the site.  While some work is still left to finish up, these lots and sites can start selling very soon.  The whole surrounding area is comprised of existing development with a great amount of infrastructure already in place, so this will be a high demand area for these lots and sites. Good opportunity to also develop some sites yourself or joint venture with a developer, especially with the apartment sites and commercial site.  There is a tremendous scope of profit from the sale of these lots and sites and possibly some development of them. Master planned development sites of this size and quality in the confines of well established neighbourhoods and this close to George Town, just don’t exist in Grand Cayman.  This is a great opportunity to profit from the increasing demand for this type of property over the long term.

Address

  • Block : 22D
  • Parcel : 320,447
  • Area : 320,447 Prospect
  • Country : Cayman Islands
  • Latitude - Longitude : 19.282698078061273 -81.3393431317041
  • Direction : Just as you pass Grand Harbour heading to the east, the entrance is next to Popeyes off Shamrock Road.

Property Detail: Updated on : April 19, 2024 6:00 am

  • MLS# : 417423
  • Property For : Sell
  • Property Status : Current
  • Acreage : 53.69
  • 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
  • Frontage Road : CityMaintained
  • 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 : Asphalt
  • Soil : Marl
  • Title : Freehold
  • Topography : Fill Needed
  • Trees : None
  • 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 : US$

Listing Location

Michael Binckes
Sales Associate

+1 (345) 945 2011

Quick Contact

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